Event: the National Energy Administration issued the notice on the implementation plan for the development of new energy storage in the 14th five year plan. Clarify the development objectives of new energy storage, achieve large-scale development and meet the conditions for large-scale commercial application by 2025; Achieve comprehensive market-oriented development by 2030. This policy is a programmatic document for the development of new energy storage during the 14th Five Year Plan period, following the guidance on accelerating the development of new energy storage last year. This document defines the basic objectives of China's new energy storage development during the "14th five year plan" and "15th five year plan". It is planned to realize that by 2025, the new energy storage will enter the stage of large-scale development from the initial stage of commercialization, have the conditions for large-scale commercial application, and reduce the cost of electrochemical energy storage system by more than 30%. By 2030, we should realize the comprehensive market-oriented development of new energy storage, deeply integrate with the power system, meet the needs of building a new power system, and comprehensively support the goal of carbon peak in the energy field.
Strengthen technological breakthroughs and promote the implementation of demonstration projects. In the stage of promoting the large-scale development of energy storage, technological breakthrough and breakthrough are the key, including diversified technology, whole process safety technology, intelligent regulation technology, innovative intelligent regulation technology and other fields. Accelerate the autonomy of core technology and improve the innovation ability in the field of new energy storage. At the same time, the promotion of demonstration pilot projects will be increased to provide a verification platform for technological innovation.
In the application field, the power supply side is one of the main development directions. Considering the rapid development of Shanxi Guoxin Energy Corporation Limited(600617) in China, in order to promote the construction of system friendly new energy power stations and support the export of high proportion of renewable energy bases, we should strengthen the development of new energy storage on the power side, ensure the economic conditions of new energy + energy storage, and combine the technical level and system benefits of energy storage, in terms of competitive configuration, project approval, grid connection timing, guaranteed utilization hours Power service compensation assessment and other aspects are preferred.
Both the grid side and the user side are expected to accelerate their growth. In the future, it is expected to improve the price guidance mechanism of grid side energy storage and the price mechanism to encourage the development of user side energy storage. For grid side and user side energy storage, the document states that "develop new energy storage on grid side according to local conditions" and "develop new energy storage on user side flexibly and diversely". For energy storage on the grid side, it is necessary to establish the capacity and price mechanism of independent energy storage power stations on the grid side, and gradually promote energy storage power stations to participate in the power market. For energy storage on the user side, implement the time of use price policy, establish a peak price mechanism, widen the peak valley price difference, guide the transmission of power market prices to the user side, and establish a demand side response compensation mechanism connected with the power spot market.
Investment proposals: suggestions to focus on the proposed focus on the energy storage converter manufacturer's Fujian Nebula Electronics.Ltd(300648) yes.
Risk tip: the industry demand is less than expected.
