Australia plans to build the world's largest energy storage battery industry to open trillions of markets

CEP.Energy, a renewable energy fund, said in a statement on Friday that it planned to start building the unit with an installed capacity of 1200 megawatts in early 2022 and put the battery online the following year. The project, located in New South Wales, will be three times the size of the current California No. 1 battery. As Australia's share of renewable energy increases, the project aims to store energy for Electroweb.

With the transition from small-scale trials to large-scale applications, the commercial value of energy storage is emerging. The unit price of domestic energy storage system is moving towards the "1 yuan" threshold. In the procurement bidding of Qinghai photovoltaic energy storage system on November 16, 2020, BYD energy storage system gave the lowest unit price of 1.06 yuan per watt-hour. Anxin Securities estimated in the research report that the global demand for energy storage capacity in the power system will increase from 117GWh to 507GWh from 2021 to 2025, with an average annual growth rate of 83.34%. After considering the decrease in the cost of the energy storage system, it is estimated that the global market space of the energy storage system will increase from 201.6 billion yuan to 574.8 billion yuan in the same period, with an average annual growth rate of 46.28%.

In listed companies, the main application scenario of energy storage products is the installation of distributed photovoltaic power generation system, which is used as energy storage equipment and power generation equipment, conversion equipment, connecting equipment and energy management software to form a distributed integrated energy management system. Tracy calls, a subsidiary of Tracy, fully considered the energy storage properties of electric vehicles when laying out the charging grid, and took the lead in proposing and realizing Discharge technology for electric vehicles in the industry. The special call charging station is the only charging station in China that can realize charging and two-way flow of Discharge.