The National Development and Reform Commission and National Energy Administration recently issued a notice on encouraging renewable energy power generation companies to build or purchase peak-shaving capacity to increase the scale of grid-connected . The notice proposes to encourage power generation companies to build their own energy storage or peaking capacity to increase the scale of grid connection. In addition to grid companies assuming the responsibility for guaranteed grid connection of renewable energy sources such as wind power and solar power, renewable energy power generation companies that are still willing to invest in construction are encouraged to build their own energy storage or peaking resources on a voluntary basis to increase the scale of grid connection. For renewable energy power generation enterprises that are required to build energy storage or peaking capacity in accordance with the prescribed proportion, after being identified by the power grid enterprise in accordance with the procedures, the corresponding installation and connection to the grid can be arranged.
Zheshang Securities pointed out that energy storage, as a flexible power regulation resource, has long-term, positive and irreplaceable social value in the global low-carbon transformation process of new energy replacing traditional fossil energy. The technical necessity of providing ancillary services such as peak and frequency regulation and improving the flexibility and stability of the power grid system has been fully verified.
Soochow Securities pointed out that the market growth is certain and energy storage batteries will be fully affected by Carbon peaks and carbon neutrality. The vigorous development of renewable energy cannot be separated from the guarantee of the stability of the power system by energy storage. . As energy storage policies at home and abroad continue to be introduced to encourage the development of energy storage, and the falling costs of batteries and renewable energy power generation benefit both supply and demand, the energy storage market will usher in high growth. It is expected that new energy storage demand will reach 163GW/511GWh in 2025, with the energy storage market space exceeding 600 billion, and a five-year compound growth rate of 90%. In the long run, it is expected to reach a trillion-dollar market space.
Orient Securities pointed out that energy storage projects are ushering in development opportunities, and many companies and multiple projects have been deployed and implemented. Yiwei Lithium Energy plans to invest in a new power energy storage battery project with an annual output of 30GWh. BYD The total installed capacity of new energy vehicle power batteries and energy storage batteries in July 2021 was approximately 3GWh, and the total installed capacity this year was approximately 15.7GWh. Nankai University - Sunwoda Advanced Battery Joint Laboratory was established and unveiled. Recommend Longi Co., Ltd. (covered by the new energy vehicle group), JA Solar Technology, CATL . It is recommended to pay attention to the inverter industry Sungrow Power Supply, Ginlang Technology, Goodwe , system integration companies Paineng Technology, Shenghong Co., Ltd., EPC company Yongfu Co., Ltd., new energy industry Mingyang Intelligent , Trina Solar .
Huaan Securities said that with the continued implementation of energy storage policies, the energy storage business model will be further streamlined, opening up space for industry development. It is recommended to pay attention to two main lines:
(1) stocks whose short-term performance continues to improve and mid-term reports are expected to exceed expectations, such as Trina Solar , Longi Holdings , JA Solar Technology;
(2) short- and medium-term policies Good stocks include Chint Electric Co., Ltd., Trina Solar Co., Ltd., Sunshine Power Co., Ltd., which are related to the countywide promotion, and Linyang Energy and Peneng Technology, which are related to energy storage.
