Global energy storage of new power capacity in 2019 or more than 10 GWH

In 2019, increasing competition in the battery industry and the weak battery material prices will lead to global battery pack the average price fell below the $150 / kWh. This will boost the experience curve effect of battery, especially to promote power battery prices down further.

in 2019, the global energy storage of new power capacity will be the first of more than 10 GWH. According to our long-term projections of global energy storage market, by 2040, the global energy storage size will amount to 942 gw / 2857 GWh, and will attract $620 billion of capital.

the development of energy storage in the future growth depends on the trend of the development of clean energy. We expect that in order to balance the new wind power and photovoltaic power capacity, will have more parts of the world take more effective policy support the development of the energy storage. Energy storage will also be a policy makers to realize the objective of climate policy.

scale of global business user side energy storage project put into operation in 2019 is expected to more than 1 gw / 2. 5GWh。 To ensure that meet the demand of all-weather supply agreement, the application in uninterrupted power supply system, carry out the policies of the time-sharing electricity price and demand of electricity will enhance the commercial and industrial users such as demand for energy storage.

although household energy storage projects still do not have economy for most users, but has gradually won the strong support in some areas. For easy affected by natural disasters or vulnerable areas in power system, provide supply guarantee and other non-economic factors are driving the household energy storage product sales.

many money lenders still see energy storage for earnings risk assets don't match. However, the structure of the new contract as well as a decline in the cost of storage, will attract more and more lenders entered the energy storage market. Under the background of present large-scale development trend in energy storage market, raise funds for convenience degree becomes crucial.