Core Insights - The article highlights a significant decline in the new energy storage capacity on the user side in November 2025, with a year-on-year decrease of over 65% [2] - The market structure has adjusted, with commercial and industrial storage accounting for nearly 90% of the new installations, and long-duration energy storage technologies are accelerating [2][3] - The East China region dominates the new installations, with Fujian leading in capacity [2][4] User-side Energy Storage Installation Scale - In November, the user-side energy storage market was primarily driven by commercial applications, accounting for nearly 90% of new installations, totaling 185.27 MW / 555.83 MWh, with year-on-year declines of 67% and 57% respectively [3][4] - The newly commissioned projects predominantly utilized electrochemical storage technology, with lithium iron phosphate battery technology making up over 99% of the installed capacity [4] Regional Distribution of User-side Energy Storage - New installations were mainly concentrated in Fujian, Guangdong, Hebei, Anhui, and Zhejiang, with East China leading the market, accounting for 52% of new installations [7] - Fujian had the largest new installed capacity, exceeding 25%, while Hebei had the highest energy capacity at 40% [7] - The region's high energy-consuming industries, such as steel and chemicals, are driving the demand for energy storage solutions [7] Peak and Valley Electricity Prices - Guangdong maintained the highest peak-valley price difference, with some areas exceeding 1.0 yuan/kWh, marking a 7.1% increase from the previous year [10] - 17 provinces and cities reported peak-valley price differences above 0.7 yuan/kWh, with 8 exceeding 1 yuan [10] User-side Energy Storage Project Registrations - The demand for user-side energy storage projects in November was higher than the previous year, with a national increase of 8% in the number of new projects [11] - Traditional markets like Zhejiang, Guangdong, and Jiangsu saw a decline in registration activity, while emerging markets such as Anhui, Henan, and Sichuan experienced significant growth [11] - The average project size in Jiangsu has doubled compared to the previous year, indicating a shift towards larger, centralized investments [11] Overall Analysis of New Energy Storage Projects - In November 2025, the total new installed capacity of energy storage projects reached 3.51 GW / 11.18 GWh, reflecting a year-on-year decrease of 22% and 7% respectively [14] - Despite the monthly decline, the cumulative installed capacity for the first 11 months of the year reached 39.5 GW, a 28% increase year-on-year [14]