Core Insights - In 2024, China, the United States, and Europe will account for over 90% of the new installed capacity in the global energy storage market, with China being the largest contributor for three consecutive years [1][2] - The development roadmap for new energy storage technologies outlines 18 key products, 33 critical materials, and 88 key indicators, focusing on five subfields: electrochemical storage, mechanical storage, electromagnetic storage, thermal storage, and hydrogen storage [1][2] Group 1: Market Trends - By 2027, the new energy storage installed capacity in China is expected to exceed 180 million kilowatts, reaching over 240 million kilowatts by 2030, and surpassing 300 million kilowatts by 2035 [2] - The average energy storage duration is currently 2.3 hours, with an increasing number of projects featuring storage durations of 4 hours or more, indicating a shift towards medium to long-duration storage technologies [2] Group 2: Technological Advancements - Lithium-ion battery storage remains dominant, but the market share of flow batteries and compressed air storage has increased by 0.6% and 0.5% respectively compared to 2023 [2] - The energy density of lithium-ion batteries has increased nearly fourfold since commercialization, with cycle life improving by 15 times, and production expected to reach 260 GWh in 2024 [3] Group 3: Industry Developments - The industry chain for energy storage is continuously improving, with advancements in artificial intelligence for quality monitoring and safety alerts, as well as initial applications of humanoid robots in equipment inspections [3] - Solid-state batteries are gaining attention, with oxide solid-state batteries being favored for their superior cycle performance and cost-effectiveness, while sulfide solid-state batteries are still in the research phase [4][5]

Core Insights - The "New Energy Storage Technology Development Roadmap (2025-2035)" was released, outlining 18 key products, 33 critical materials, and 88 key indicators for energy storage technology development [1] - China, the US, and Europe collectively account for over 90% of new installed capacity in the energy storage market, with China being the largest contributor for three consecutive years [2] - By 2027, China's new energy storage capacity is expected to exceed 180 million kilowatts, reaching over 240 million kilowatts by 2030, and surpassing 300 million kilowatts by 2035 [2] Energy Storage Technology Evolution - Lithium-ion battery storage remains dominant, but flow battery and compressed air storage have seen increases of 0.6% and 0.5% respectively compared to 2023 [2] - The average energy storage duration is currently 2.3 hours, with a growing number of projects exceeding 4 hours, indicating a shift towards medium to long-duration storage technologies [2] - The US and Europe are implementing policies and roadmaps to support the development of new energy storage technologies, focusing on large capacity, hybrid, and diversified solutions [2] Industry Chain Development - Since commercialization, lithium-ion battery energy density has increased nearly fourfold, and cycle life has improved by 15 times [3] - In 2024, the production of energy storage lithium-ion batteries in China is projected to reach 260 GWh, with energy density ranging from 200 Wh/L to 400 Wh/L and cycle life between 5,000 to 10,000 cycles [3] - The integration of artificial intelligence in quality monitoring, safety warnings, and operational control is accelerating, alongside advancements in thermal management technologies [3] Solid-State Battery Innovations - Oxide solid-state batteries are gaining traction due to their superior cycle performance, electrochemical stability, and lower costs, with 280 Ah level batteries already in mass production [4] - Sulfide solid-state batteries, while having high conductivity, face challenges with raw material costs and air stability, remaining in the research phase [4] - Future developments in solid-state battery materials are expected to focus on high nickel and manganese-based materials for cathodes, and transitioning from graphite to silicon-based and then to lithium metal anodes [4]

Core Insights - The "2025 World Energy Storage Conference" highlighted the development roadmap for new energy storage technologies from 2025 to 2035, focusing on 18 key products, 33 critical materials, and 88 key indicators [1] Group 1: Market Trends - In 2024, China, the US, and Europe will account for over 90% of new installed capacity in the global energy storage market, with China being the largest contributor for three consecutive years [3] - By 2027, China's new energy storage capacity is expected to exceed 180 million kilowatts, reaching over 240 million kilowatts by 2030, and surpassing 300 million kilowatts by 2035 [3] Group 2: Technological Developments - The energy storage landscape in China is dominated by lithium-ion batteries, with a growing presence of flow batteries and compressed air storage, which have increased their market share by 0.6% and 0.5% respectively compared to 2023 [3] - The average storage duration has reached 2.3 hours, indicating a shift towards longer-duration storage solutions [3] - Solid-state batteries are being developed along three main routes: polymer, sulfide, and oxide, with oxide solid-state batteries gaining traction due to their superior cycle performance and stability [5][6] Group 3: Policy and Strategic Focus - The US and Europe are implementing policies to support the development of intelligent, green, and long-duration energy storage technologies, with the US focusing on 10-hour plus storage solutions [4] - The EU emphasizes smart and green technologies, aiming for a 90% lithium recovery rate and 95% recovery rates for cobalt and nickel by 2030 [4]