A research report released by Galaxy Securities reveals that the global energy storage market is transitioning into a phase of diversified growth, characterized by a robust medium- to long-term demand outlook. The function of large-scale energy storage systems is evolving from merely serving as a supplementary facility for new energy sources to becoming a pivotal flexible resource. This transformation highlights their multifaceted value, encompassing peak shaving and frequency regulation, capacity support, backup security, and facilitating power trading. Consequently, their significance within the power system is becoming ever more pronounced.

Concurrently, escalating geopolitical risks have heightened countries' concerns over energy security. This, coupled with pronounced power shortages in regions such as Asia, Africa, and Latin America, has underscored the economic feasibility of both residential and industrial/commercial energy storage solutions. Galaxy Securities projects that the global demand for energy storage will sustain its strong growth trajectory over the next one to two years.