Energy storage market growth doubles
- Author:Pro
- Release on:2022-08-29
The energy storage system can provide various services such as peak regulation and demand response for the operation of the power grid, effectively realize the peak shaving and valley filling of the power grid, relieve the pressure of peak power supply, promote the consumption of new energy, and provide a new way for the safe and stable operation of the power grid.
With the maturity of energy storage technology and the decline in cost, the energy storage market will start to grow rapidly from 2021. In 2021, the global demand for electrochemical energy storage related to lithium batteries is about 35GWh, of which the domestic demand is about 5GWh and the overseas market is about 30GWh, a year-on-year increase of 227%. According to the statistics of Essence Securities, among the overseas energy storage market, the United States has the highest proportion, about 15GWh in 2021, mainly due to the large-scale application of Texas and California on the grid side; followed by China, about 5GWh, the main driving force in my country is power supply Side new energy supporting and industrial and commercial starting capacity.
Reasons for the explosion of the energy storage market
At present, both the domestic market and the overseas market, the energy storage industry has shown a doubling of growth. The reason is that there are some differences between the overseas market and the domestic market.
As far as overseas markets are concerned, mainly represented by Europe, a very important driving factor is that the Russian-Ukrainian war has led to a surge in local electricity prices, which has driven the demand for household energy storage. Overall out of stock status. According to industry sources, if you place an order now to buy a household energy storage system, you will basically not get the goods until March next year.
With the maturity of energy storage technology and the decline in cost, the energy storage market will start to grow rapidly from 2021. In 2021, the global demand for electrochemical energy storage related to lithium batteries is about 35GWh, of which the domestic demand is about 5GWh and the overseas market is about 30GWh, a year-on-year increase of 227%. According to the statistics of Essence Securities, among the overseas energy storage market, the United States has the highest proportion, about 15GWh in 2021, mainly due to the large-scale application of Texas and California on the grid side; followed by China, about 5GWh, the main driving force in my country is power supply Side new energy supporting and industrial and commercial starting capacity.
Reasons for the explosion of the energy storage market
At present, both the domestic market and the overseas market, the energy storage industry has shown a doubling of growth. The reason is that there are some differences between the overseas market and the domestic market.
As far as overseas markets are concerned, mainly represented by Europe, a very important driving factor is that the Russian-Ukrainian war has led to a surge in local electricity prices, which has driven the demand for household energy storage. Overall out of stock status. According to industry sources, if you place an order now to buy a household energy storage system, you will basically not get the goods until March next year.
