The "14th Five-Year Plan" new energy storage development focuses on delineating the trillion-dollar market

Recently, the National Development and Reform Commission and the National Energy Administration issued the "14th Five-Year Plan for New Energy Storage Development Implementation Plan" to further clarify development goals and refine key tasks.
By 2025, new energy storage will enter large-scale from the initial stage of commercialization.
In the development stage, it has the conditions for large-scale commercial application
.
Among them, the performance of electrochemical energy storage technology is further improved, and the system cost is reduced by more than 30%
.
By 2030, new energy storage will be fully market-oriented
.
Industry insiders believe that the rapid growth of the energy storage market may bring about a new trillion-dollar market investment opportunity
.

Since the "13th Five-Year Plan", China's electrochemical energy storage, compressed air energy storage and other technological innovations have made great progress.
By the end of 2021, the cumulative installed capacity of new energy storage will exceed 4 million kilowatts
.

The "14th Five-Year Plan" period is a critical period and a window period for China to achieve the carbon peaking goal, and it is also an important strategic opportunity period for the development of new energy storage
.
The "Implementation Plan" deploys the key directions of concentrated technical research from three aspects: promoting diversified technology development, breaking through the whole process safety technology, and innovating intelligent control technology.
, lead-carbon batteries, flow batteries, compressed air, hydrogen (ammonia) energy storage, thermal (cold) energy storage and other key core technologies, equipment and integrated optimization design research, focusing on superconducting, super capacitor and other energy storage technologies, research and development Reserve liquid metal batteries, solid-state lithium-ion batteries, metal-air batteries and other new-generation high-energy-density energy storage technologies
.

The "Implementation Plan" clarifies that the innovation and demonstration of key technologies such as the first (set) of major technical equipment shall be accelerated, and engineering practice shall be used to accelerate technology iteration and update, and promote cost reduction
.
At the same time, promote the construction of regional energy storage demonstration areas in key areas, actively promote the formulation of differentiated policies in combination with application scenarios, and achieve key breakthroughs in some areas with many innovative achievements, sound institutional foundations, and leading reforms
.
In addition, attract more talents, technology, information and other high-end elements to gather in the new energy storage industry, and focus on cultivating and building energy storage strategic emerging industry clusters
.

The "Implementation Plan" proposes to study the establishment of a new energy storage price mechanism, and study a reasonable cost allocation and dredging mechanism
.
Innovate new energy storage business models, and explore business model applications such as shared energy storage, cloud energy storage, and energy storage aggregation
.
Actively guide social capital to invest in new energy storage projects, and establish and improve a fair guarantee mechanism for social capital to build new energy storage
.

According to the "Guiding Opinions on Accelerating the Development of New Energy Storage" jointly issued by the National Development and Reform Commission and the National Energy Administration, by 2025, the installed capacity of new energy storage will reach more than 30 million kilowatts
.
Since the beginning of this year, various provinces and cities have accelerated the implementation of energy storage projects, and more than 20 provinces have clarified the allocation and storage ratio of supporting energy storage equipment
.

Industry insiders believe that the implementation of the "Implementation Plan" has once again boosted the demand and industrial development of the energy storage industry
.
The research report of CICC believes that the power system will need more energy storage and other flexible resources to meet the development needs of low-carbon and reliable energy.
The rapid growth of the energy storage market may bring a new trillion-dollar market.
investment opportunities
.
Caitong Securities also predicts that the installed capacity of new energy storage is expected to reach 150GW by 2030.
According to the calculation of the 2-hour configuration time, the comprehensive market-oriented energy storage space will exceed 1.
2 trillion yuan
.