Huatai Securities: Energy Storage Demand on the Rise, Marking a Shift from Low-Price Competition
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Author:小编   

According to a research report from Huatai Securities, on February 9th, State Power Investment Corporation unveiled the winning bidders for its centralized procurement of 7GWh energy storage cell equipment, with bid prices ranging from 0.325 to 0.355 yuan/Wh. The robust downstream demand has spurred a resurgence in quoted prices for centralized cell procurement. The energy storage capacity electricity price policy offers a stable revenue outlook for energy storage power stations, with internal rates of return (IRR) varying based on different capacity price guarantees over distinct timeframes. This business model refinement is anticipated to motivate central and state-owned enterprises to ramp up their construction investments. Presently, the price hike of lithium carbonate is being seamlessly transferred, signaling a potential end to the industry's reliance on low-price competition. Leading integrators and cell manufacturers are now poised to showcase their premium edge.