Analysis on the market status and development prospects of China's energy storage battery industry in 2022

Major listed companies in the energy storage battery industry: Ningde Times (300750), Paineng Technology (688063), Nandu Power Supply (300068), Ganfeng Lithium (002460), Yiwei Lithium (300014), BYD (002594), etc

Core data of this paper: shipment volume, shipment structure, bidding situation, policy, market scale measurement

Communication energy storage accounts for 46% of energy storage battery shipments

Driven by China's "new infrastructure" and stimulated by the overseas demand market, the domestic energy storage lithium battery industry entered the initial stage, and the construction of demonstration application projects was accelerated. From 2017 to 2020, the shipment of energy storage lithium batteries in China increased year by year, reaching 16.2GWh in 2020, with a year-on-year growth of 70.53%.

Analysis on the market status and development prospects of China's energy storage battery industry in 2022

According to the preliminary statistics of the Institute of Lithium Electricity (GGII), in 2020, China will ship 16.2 Gwh of energy storage lithium batteries, including 6.6 Gwh of electric energy storage, accounting for 41%, 7.4 Gwh of communication energy storage, accounting for 46%, and 13% of other energy storage lithium batteries used in urban rail transit, industry and other fields.

Analysis on the market status and development prospects of China's energy storage battery industry in 2022

In 2020, the standby power storage demand of 5G base station will be 7.6GWh

Communication operators and tower companies purchase communication backup lithium batteries in batches in the form of bidding. From the perspective of bid winning enterprises, leading lead-acid battery enterprises such as Shuangdeng Group and Shengyang Power Source have won many large share projects in the purchase of lithium iron phosphate. In addition, Zhongtian Technology, which mainly focuses on the power battery field, also participated in the bid winning.

Analysis on the market status and development prospects of China's energy storage battery industry in 2022

According to the statistics released by the Ministry of Industry and Information Technology, in 2020, more than 600000 new 5G base stations will be built in China, and by the end of 2020, more than 718000 5G base stations have been opened. According to public information disclosure, the power consumption of a single station of a traditional 4G base station is 780-930W, while that of a single station of a 5G base station is about 2700W. Based on the emergency duration of 4h, 10.8kWh is required for the standby power supply of a single 5G Acer station. Compared with 4G, the power of a 5G single station is about twice that of a 4G single station, and the number of base stations is expected to increase significantly, resulting in a significant increase in the corresponding energy storage demand. It is estimated that in 2020, the standby power storage demand brought by the 5G base station will be 7.8GWh.

Analysis on the market status and development prospects of China's energy storage battery industry in 2022

It is estimated that the reserve power storage demand of 5G base station will reach 78.6GWh

If the application scenario of 5G+peak shaving is realized, it is expected that the demand for energy storage batteries will increase significantly. According to the prediction of Industrial Securities, the number of 5G base stations will increase significantly from 2020 to 2022. It is estimated that by 2025, the number of 5G base stations will reach 8 million, realizing full coverage of 5G networks nationwide. According to the calculation of the number of newly opened 5G base stations from 2021-2025, the demand for backup power storage brought by 5G base stations in the same period is 78.6GWh.

Analysis on the market status and development prospects of China's energy storage battery industry in 2022

The above data refer to the Analysis Report on Market Prospect and Investment Strategic Planning of China's Energy Storage Battery Industry issued by the Prospective Industry Research Institute, which also provides solutions such as industrial big data, industrial research, industrial chain consulting, industrial atlas, industrial planning, park planning, industrial investment promotion, IPO investment raising feasibility study, IPO business and technology writing, IPO working paper consulting, etc.