Lithium battery industry has broad market prospects
With the support of social appeals and policies, it is imperative for environmental protection and green energy development. Under the impetus of the new energy policy and the increasing emphasis on the research and development and application of energy storage technology, the demand for energy storage market is huge, and the future market prospect of lithium battery is broad. In addition, the related core supporting technologies have made great progress, and renewable energy such as solar energy, wind energy and hydropower have gradually become the leading energy sources.
One, Forecast of the size of the energy storage market
Since 2012, the cumulative installed capacity of China's commissioned electrochemical energy storage projects has been growing steadily, with a compound annual growth rate (2012-2016) of 54%, and is expected to maintain rapid growth in the short term.
From 2016 to the end of June 2017, the installed capacity of electrochemical energy storage in China is up to 1.35GW. In 2017 alone, the installed capacity of China's newly-invested electrochemical energy storage projects was 500MW, a year-on-year increase. Doubled.
According to forecasts, by 2025, the cumulative installed capacity of global electrochemical energy storage will exceed 500 GW, and the market scale will exceed one trillion yuan. Lithium-ion technology dominates.
Two, China's energy storage policy support
The Energy Development Strategic Action Plan (2014~2020) pointed out that to significantly increase the proportion of renewable energy and nuclear power consumption such as wind power and solar energy, non-fossil energy will account for 15% of primary energy consumption in 2020. It is estimated that by 2020, the installed capacity of wind power will reach 200 million kilowatts, and the installed capacity of photovoltaics will reach 100 million kilowatts.
Large-scale energy storage technology can regulate the instability and discontinuity of wind energy and solar power generation, and achieve safe and stable power supply. It is the core technology for energy diversification.
Three, Lithium battery energy storage market potential is not limited
The energy storage market includes large-scale power storage, household energy storage, and backup power storage. Under the prior art, the cost performance of the lithium battery package in the field of backup power storage has been significantly improved, and the backup power supply and the household energy storage field are more suitable fields for the current lithium ion battery application. Among them, the market for energy storage, especially for backup power storage, is particularly broad.
Four, 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 increase steadily. In 2016, the cumulative installed capacity will be 255MW. By 2020, the installed capacity of electrochemical energy storage will exceed 2000MW, and the compound annual growth rate will be close to 70% from 2016 to 2020. Lithium battery packs account for 66% of the installed capacity of electrochemical energy storage, and are the most important form of electrochemical energy storage.
Five, Lithium battery pack market prospects are broad
With the promotion of new energy storage in China and the acceleration of the construction of 5G communication networks, an unprecedented energy storage market is taking shape, especially the rapid development of the mobile power industry. The demand for various lithium battery packs has increased, and the battery industry welcomes. A once-in-a-lifetime development opportunity.
In recent years, the output value of China's lithium battery pack industry has grown from tens of billions of yuan to more than 100 billion yuan, becoming one of the main power sources for many new applications such as smart phones, various electric vehicles, wind energy and solar energy storage systems. . In the future, with the increase in demand for lithium battery packs, the lithium battery market will show an explosive situation, and more and more companies will be involved in the lithium battery industry.
Summary: The energy storage market is in great demand, and the energy storage field will lead a new wave. With the reduction of the cost of lithium battery packs and the increase of energy density, as well as the further maturity of the energy storage industry business model, the energy storage field will usher in rapid development, and the lithium battery industry has broad market prospects.