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What are the pain points of the new energy storage industry and which lithium battery manufacturer is good for energy storage?

In terms of solving the stability of new energy and improving the utilization efficiency of traditional energy, lithium battery energy storage is globally recognized as the best choice and ultimate approach, and is regarded as the "last mile" to solve energy problems.

However, in recent times, the development momentum of China's energy storage industry has been clearly insufficient, and many energy storage enterprises targeting the electricity market are currently in an unprofitable state.

Pain points in the new energy storage industry

Unlike the rapidly growing photovoltaics, energy storage has always looked beautiful in China, but the industrialization process has always been slow paced, especially in the field of electricity. The promotion speed is even slower, and it can only be used as a supporting product in microgrids and off grid systems, which is quite unpopular.

Pain point 1: Lack of market mechanisms and profit models

From the perspective of domestic policies, energy storage is still just an accessory and has not established its independent status. The value of energy storage cannot be reflected in price, so it is also difficult to have a suitable profit model for energy storage and its large-scale application. Energy storage is still a deformity in the electricity market. In terms of energy storage on the power generation side, the combination of new energy and energy storage can solve the problem of wind and solar curtailment. However, wind and solar curtailment may not necessarily exist for a long time, and it is uncertain who will pay for new energy storage; In addition, currently in the fire storage frequency modulation market, there is a single product in the auxiliary service market, and some regions lack performance-based payment, and policies are constantly changing.

To achieve sustainable development in the lithium battery energy storage industry, in addition to establishing a mechanism where whoever benefits pays, it is also necessary to establish a dynamic adjustment mechanism for peak valley electricity price differences and explore energy storage capacity electricity pricing mechanisms. In addition, energy storage stations that are independently connected to the power grid can be dispatched and quoted fairly.

Pain point 2: Industry standards need to be improved

The energy storage industry has been developing for more than a decade now, and the relevant standards have not been improved. The design, transportation, installation, commissioning, acceptance, and later operation and maintenance of energy storage systems, as well as the post disaster treatment and battery recycling of lithium battery energy storage systems, do not have very complete standards and policies to support.

There are numerous energy storage technology routes and products, and the absence of industry standards can pose fatal obstacles to the healthy development of the lithium-ion energy storage industry. The quality of energy storage products varies, and there are signs that companies lacking self-discipline are using inferior products at low prices to compete in the market.

To avoid the situation of "bad currency driving out good currency", the construction of energy storage standard system is urgent.

So further improving the grid connection and acceptance standards for energy storage power stations is even more crucial.

Pain point three: Uneven integration design of energy storage systems

There is a big misconception among domestic energy storage practitioners regarding system integration, believing that energy storage systems are simply pieced together. In fact, in the integration of lithium-ion energy storage systems, it involves battery selection, system technology, charge and discharge management, temperature control system design, quality control, etc., all of which require professional manufacturers to do.

Pain point 4: High cost of energy storage power stations

In 2020, the cost per kilowatt hour of lithium-ion battery energy storage systems was about 0.5 yuan. Several institutions, including BNEF, believe that in order for energy storage systems to be commercialized on a large scale, the cost per kilowatt hour of the system needs to be reduced to around 0.3 yuan, and the current gap is still very large. The further reduction of costs depends on the scale development of the energy storage market on one hand, and on the other hand, it needs to be achieved through technological innovation and solution innovation.

Which is a good manufacturer of lithium energy storage batteries?

We are a power supply enterprise dedicated to the research and application of lithium battery UPS. We adhere to the design and development philosophy of safety, efficiency, energy conservation, and green, and provide safe, stable, and efficient lithium battery products and solutions for users in various industries.

As a power supply provider using lithium batteries as energy storage, our company has collaborated with Zhejiang Jiabeisi Green Energy Co., Ltd. to develop the GBSFP-U series and is the exclusive agent for this series of products.

Energy storage lithium batteries are mainly used in scenarios such as user side energy storage, grid side energy storage, and communication base stations. The energy storage lithium battery UPS manufacturer has an excellent management, technical, research and development, and marketing sales team required for product design, production, sales, and service.

With years of experience rooted in the new energy industry, the company explores, collaborates with industry experts every year, and develops multiple technological innovation achievements and applications, receiving high praise from customers.

Energy storage lithium battery products undergo strict testing: all products undergo strict quality and aging inspections before leaving the factory.

The product can provide testing reports or test reports issued by testing institutions. All product development, design, production, and sales processes comply with the provisions of the quality management system.

The technology route for lithium battery energy storage is diverse, and manufacturers are fighting on their own. It is necessary to strengthen industry self-discipline and standard system construction; The integration technology of intelligent, modular, high security, and low-cost energy storage systems needs further optimization.

Summary: Energy storage devices can achieve load peak shaving and valley filling, increase the peak shaving capacity of the power grid, and also participate in system frequency regulation and voltage regulation to improve the safety and stability of the power grid. Strengthening the overall planning and scientific layout of energy storage, accelerating the effective integration of energy storage into various links of power generation, transmission, and utilization, is of great significance for ensuring reliable power supply and efficient utilization of new energy.

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