According to a research report from CITIC Securities, when power generation companies enter into medium- to long-term contracts with electricity users in 2026, they will adopt a time-segmented, curve-based contracting method. In this setup, the user-side time-of-use electricity pricing will be intricately tied to the outcomes of spot market transactions, moving away from the traditional reliance on government-imposed peak-valley electricity pricing structures. This development signifies a significant stride forward in the market-oriented reform of the electricity industry. At present, the peak-valley price gaps and the duration of time segments set by the government are typically wider and longer than those in the spot market. Following the adjustment of this mechanism, the profitability model for industrial and commercial energy storage will undergo changes. Specifically, in regions where the spot price differentials are narrow and regulatory demand is weak, the profitability of industrial and commercial energy storage may encounter challenges. Additionally, the persistent issue of capacity shortages in the power system remains a pressing concern, and the impending acceleration of capacity inadequacy conflicts is on the horizon. This scenario is anticipated to bolster the long-term growth prospects of the energy storage sector.