At present, the real solution to the problem of the present, then in the industry and commerce, may still rely on electrochemical energy storage, if the timeline is pulled back, then it must be three years, five years, eight years later, it may be said that to really solve the problem of large regulation of the power grid, then we still have to rely on pumped storage.
In the past two years, you may have seen a phenomenon, that is, in 2023, Guangdong has approved a lot of thermal power plants, and I just mentioned so many difficulties, wind power to be installed, photovoltaic to be installed, right, the amount of this photovoltaic is getting bigger and bigger, including last year's 78GW, and this year's 200GW, so what should I do? Then when we must solve this problem, we must first face this problem head-on, and secondly, we need to solve the problem, and to solve the problem we need to analyze, what methods to use, what ways to use, which is economical, safe and reliable.
So when it comes to the direction of energy storage, I think that whether it is the source-grid-load storage, or the entire power generation side and the user side, etc., in fact, the more effective method at the moment is electrochemical energy storage, so what about going forward, there is also a way to regulate through the addition of thermal power, including coal power and gas power. In the past, the function of coal power was mainly to generate electricity, and it may go further, in fact, it will become peak regulation and frequency regulation, which is a trend change. If you go further, it may form a large area, which will be supported by this pumped hydro storage, because it is very large, and once it is built, its operating costs are extremely low. Like the hydropower station, we all know that after this is built, it will generate electricity for a long time, so in fact, after the introduction of this energy storage system, in fact, it means that whether it is the power supply end, or the power grid end, by controlling the charging and discharging of the energy storage system, it is relatively easy to achieve our so-called peak shaving and valley filling, which is to solve the problem of the contradictory relationship between supply and demand that we just talked about.
Electrochemical Energy Storage February** Dynamic Incentive Plan