The domestic electrochemical energy storage industry is gradually entering a new stage of "scale development" from the "initial stage of commercialization".

In 2020, although the domestic energy storage industry has been affected by the new crown epidemic, based on multiple favorable factors such as industry endogenous power and external policies and carbon neutrality goals, the installed capacity of energy storage has still achieved contrarian growth.

According to statistics, as of the end of 2020, the cumulative installed capacity of power storage projects in China has reached 33.4GW, and the newly commissioned capacity in 2020 will be 2.7GW; among them, the newly commissioned capacity of electrochemical energy storage has exceeded GW for the first time Off, reaching 1.08GW/2.7GWh.

At the same time, the system cost, a key indicator of the electrochemical energy storage industry, also broke through the key inflection point of 1,500 yuan/kWh.

These changes seem to indicate that the domestic electrochemical energy storage industry market is gradually opening up. In this context, lithium batteries, which are gradually mature in technology and declining in cost, are becoming a lever to leverage the electrochemical energy storage market, and as the "main force" of the domestic electrochemical energy storage industry-lithium iron phosphate batteries are ushering in new developments. opportunity.