China's shared energy storage construction is blooming everywhere, and the two related companies hope to usher in opportunities
[Securities Times] it is reported that at the beginning of 2022, Inner Mongolia, Zhejiang and other places successively issued guidance, proposed to invest in the construction of shared energy storage, studied and established the cost relief mechanism of power grid alternative energy storage facilities, and encouraged the implementation of new energy generation side energy storage projects. Since 2021, nine provinces and regions including Henan, Shandong, Qinghai, Inner Mongolia and Hebei have successively issued guidance to encourage the development of shared energy storage. With policy support and market demand, shared energy storage has attracted much attention. So far, a total of 84 shared energy storage projects in China have been filed or publicized, mainly distributed in 9 provinces and regions such as Inner Mongolia and Hubei, with a total scale of more than 1200 kW / 2400 kwh. At the same time, the scale of a single shared energy storage project is becoming larger and larger, and the power requirements are becoming higher and higher. At present, there are seven projects with a scale of 1 million kwh.
Comments: shared energy storage is to provide shared energy storage services for multiple new energy power stations, increase power generation for new energy power stations and promote new energy consumption, that is, 1-to-N service. Shared energy storage can shorten the investment recovery cycle, improve the project yield, reduce the construction cost of supporting energy storage of new energy, save the daily operation and maintenance cost, and is conducive to the scientific consumption of new energy by the power grid. In April 2021, the guidance on accelerating the development of new energy storage (Exposure Draft) issued by the national energy administration and other departments stressed the need to encourage the exploration and construction of shared energy storage. With the full flowering of China's shared energy storage construction, companies related to the industrial chain hope to usher in development opportunities.
Jiangsu Linyang Energy Co.Ltd(601222) (601222): the company regards energy storage as an important new business in the future, puts forward the business model of new energy power generation + "shared energy storage", actively explores the business model of combining user side energy storage with new energy, and provides customers with customized lithium iron phosphate high-capacity energy storage system solutions.
Beijing Creative Distribution Automation Co.Ltd(002350) (002350): the company has obtained 14 software copyrights in energy storage, such as shared energy storage operation platform. The holding subsidiary is a science and technology enterprise that has earlier developed energy storage business in China. Its energy storage technology includes energy storage EMS system, energy storage BMS system (including echelon application BMS), energy storage container integration, energy storage battery cabinet integration, energy storage power station integration technology, etc, Application scenarios include grid side shared energy storage power station, household energy storage, factory energy storage, wind and solar energy storage and charging microgrid and other grid side and user side applications.
