Analyze the market prospects of lithium battery packs
With the appeal of the society and the support of policies, environmental protection and the development of green energy have become urgent. Driven by new energy policies and countries are gradually increasing their emphasis on Ru0026D and application of energy storage technology, the market for energy storage is huge and the future market prospects for lithium battery packs are broad. In addition, significant progress has been made in related core supporting technologies, and renewable energy sources such as solar, wind, and hydropower have gradually become the dominant energy sources. 1. Energy storage market scale forecast Starting from 2012, the cumulative installed capacity of electrochemical energy storage projects in operation in China will be in a steady growth stage, with a compound annual growth rate (2012-2106) of 54%. It is expected to maintain rapid growth in the short term. From 2016 to the end of June 2017, my country’s newly added electrochemical energy storage capacity under construction and commissioning reached 1.35GW. In 2017 alone, China’s newly commissioned electrochemical energy storage project installed capacity was 500MW, a year-on-year increase Doubled. According to forecasts, by 2025, the cumulative installed capacity of global electrochemical energy storage will exceed 500GW, the market size will exceed one trillion yuan, and lithium battery technology will dominate. 2. my country’s energy storage policy supports the 'Energy Development Strategic Action Plan (2014~2020)It is estimated that by 2020, the installed capacity of wind power will reach 200 million kilowatts, and the installed capacity of photovoltaic power will reach about 100 million kilowatts. Large-scale energy storage technology can control the instability and discontinuity of wind energy and solar power generation, and realize safe and stable power supply. It is the core technology to realize energy diversification. 3. The future market potential of lithium battery energy storage is unlimited. The energy storage market includes large-scale power storage, household energy storage, and backup power storage. Under the existing technology, the cost performance of lithium battery packs in the field of back-up power storage has been significantly improved, and the fields of back-up power and home energy storage are more suitable fields for the application of lithium-ion batteries at this stage. Among them, the market for energy storage, especially in the field of backup power storage, is particularly broad. 4. Lithium battery energy storage is the main form of future development. Lithium battery energy storage is an important part of electrochemical energy storage. According to forecasts, the cumulative installed capacity of electrochemical energy storage in China will steadily increase. The cumulative installed capacity in 2016 was 255MW. By 2020, the installed capacity of electrochemical energy storage will exceed 2000MW, with a compound annual growth rate of nearly 70% from 2016 to 2020. The energy storage of lithium battery packs accounts for 66% of the installed capacity of electrochemical energy storage, which is the most important form of electrochemical energy storage. V. Application scenarios of energy storage technology ● Centralized renewable energy grid-connected: Use energy storage systems to achieve peak shifting and smooth output of renewable energy power generation, increase grid-connected power, and obtain compensation for limited electricity costs; ● Combined thermal power frequency modulation: according to Power grid command, when the power grid frequency fluctuates, the output of the generator will be replaced by the corresponding frequency modulation command to obtain joint frequency modulation compensation; ●Paid peak shaving: Peak shaving is achieved through the charging and discharging of the energy storage system, and peaking compensation is obtained. Reduce the investment in the distribution network and ease the load pressure on the grid during peak power consumption; ●Independent frequency regulation: Quickly and accurately adjust the frequency according to the AGC instruction, smooth the grid frequency, improve the efficiency and safety and stability of the grid; obtain frequency modulation compensation. 6. Lithium battery pack market prospects are broad. With the increasing promotion of domestic new energy storage field and the acceleration of 4G communication network construction, an unprecedented energy storage market is taking shape, especially the rapid development of the mobile power industry. The demand has soared, and the battery industry has ushered in a golden opportunity for development. In recent years, the output value of my country's lithium battery pack industry has grown from tens of billions to more than 100 billion, becoming one of the main power sources in many major application fields such as a new generation of smart phones, various electric vehicles, wind energy, and solar energy storage systems. . In the future, as people's demand for lithium battery packs increases, the lithium battery market will show an explosive trend, and more and more companies will get involved in the lithium battery industry. Summary: The energy storage market is in huge demand, and the energy storage field will lead a new trend. As battery technology brings a decline in the cost of lithium battery packs and an increase in energy density, as well as the further maturity of the business model of the energy storage industry, the energy storage field will usher in rapid development, and the lithium battery industry has a broad market prospect.