With the wave of global new energy revolution, energy storage is becoming a key part of the energy revolution. New energy power generation technology represented by photovoltaics continues to rise, and the demand for energy storage represented by new energy vehicles continues to increase. In the energy storage industry, driven by the two engines of falling costs and rising demand, the development of global electrochemical energy storage is in the ascendant.

But behind the industry's prosperity, China's energy storage industry is undercurrent. It is not a vibrant blue ocean as the public thinks, but instead a life-and-death "battle royale" taking place. Market mechanism construction and policy-driven development lag significantly behind the speed of industrial application, causing China's energy storage industry to continue to lose this first-mover advantage. To sum up the reasons, Blackhawk Photovoltaic Li Wenyou called them “five mountains”.

Since the first energy storage industry guidance jointly issued by five ministries and commissions at the end of 2017, it has immediately detonated the energy storage industry. For this blue ocean market, optimistic market expectations have attracted rounds of "gold diggers" . However, what maintains the market popularity are only guiding opinions on the "importance" of the energy storage industry. There is a lack of relevant supporting and operable "practical" policies, resulting in an overall situation: manufacturers' investment enthusiasm, research There are a lot of comments and a lackluster response from the authorities.

Policy guidance is related to the overall situation of the industry and the life and death of enterprises. Most energy storage-related companies adopt an "investment + operation" development model. Without restrictions on energy storage technology standards and guidance on profit models, energy storage will only become part of the cost of renewable energy projects and increase the company's operations. risk.

At present, the power ancillary service market and spot market are still in the initial stages of construction in China, and the space for energy storage to participate is still limited. The business models on the user side and renewable energy side are single, lack a corresponding price mechanism for performance payment, and cannot reflect the multiple application values ​​of energy storage.

Then, the consequence is: no matter in terms of increasing scale and reducing costs, industry development is only on the edge of losing money. The energy storage industry can only play a limited supporting role in some small areas.

For the energy storage industry, the positioning and attitude of the power grid in the industry are crucial. On April 22, 2019, with the promulgation of the "Measures for Supervision and Review of Power Transmission and Distribution Pricing Costs (Revised Draft for Comments)" issued by the National Development and Reform Commission, the desire of power grid companies to incorporate energy storage into transmission and distribution assets was temporarily frustrated, giving the energy storage industry a booming development. Momentum cooled dramatically.

Many industry insiders believe that the greatest value of energy storage lies on the grid side. Although energy storage technology will be used in new energy and user-side peak shaving and valley filling, only the power grid can integrate these systems. For practitioners, the value of energy storage needs to be recognized by the grid, but they do not want it to get involved too deeply.

For new things, a trial and error process must be allowed inside and outside the industry. However, as an industry, a unified safety and standard is needed to clarify its specifications. Here, Li Wenyou believes that these three suggestions are worth considering:

1. More and more detailed standards should be established to regulate the development of the industry, and standards should be used to improve industry entry thresholds and eliminate unqualified energy storage manufacturers from the market.

2. The national or industry level should investigate fire accidents in domestic energy storage power stations and disclose the cause of the accident to the industry. The occurrence of the accident should serve as a warning to the industry, rather than becoming a tool for spreading rumors, let alone a means for different technical routes and competitors to attack each other.

3. For many owners and investors, when the market is mixed, it is more appropriate to choose system integrators with technical strength, especially those that have been tested in foreign markets.

Compared with wind power and photovoltaics, energy storage does not have clear national policy support, and financing has become a bottleneck restricting the development of the industry. According to the project evaluation report published on the official website of the World Bank, the average financial return of early energy storage projects is between 5% and 7%. In the current financial environment, it is difficult for user-side energy storage projects to gain favor from financial institutions.

Objectively speaking, the market investment in energy storage projects is still relatively hot, but there are unfavorable factors such as a single source of income and large fluctuations in policy changes. If we want to dig out these "five mountains", we still need to rely on adjustments and regulations at the national policy level. Of course, in the past few years of development, we can also see that energy storage is an emerging industry with multiple application values, and the prospects for energy storage are very broad!

As an electrical equipment industry supplier, it is our responsibility to understand customer needs and provide corresponding industrial supporting solutions. In the energy storage industry market, we have conducted a comprehensive survey and conducted in-depth technical research and supporting product development based on the needs of the industry. At present, the company has cooperated with a number of energy storage companies, and the product quality has been fully affirmed and recognized by the market. We look forward to cooperating with you!