A research report issued by CITIC Securities highlights that the release of Document No. 136 by the National Development and Reform Commission has opened up fresh avenues for development within the energy storage sector. According to projections, with the implementation of spot market and ancillary service mechanisms, energy storage projects have, on the whole, started to yield profits. Should a nationwide capacity pricing mechanism be introduced for regulatory resources like energy storage, the predictability of revenue streams for energy storage projects would substantially improve. This would, in turn, facilitate investment decisions by state-owned enterprises and other stakeholders. Calculations indicate that if an energy storage capacity price is set at 100 yuan/kW and the newly installed capacity of energy storage continues to grow at a rate of 30%, the resulting impact on end-user electricity prices would be a mere 1.19%, underscoring the feasibility of implementing an energy storage capacity price. CITIC Securities posits that following the repeal of mandatory energy storage allocation requirements in Document No. 136, the energy storage industry will transition from a focus on cost competitiveness to one centered on value creation. This shift is expected to enhance the competitive landscape of the industry, leading CITIC Securities to express optimism regarding the development prospects of leading manufacturers within the energy storage industry chain.