Lithium-ion battery energy storage is expected to usher in a period of rapid growth. Lithium battery plate continues to strengthen.

On May 6th, affected by the news that lithium-ion battery energy storage is expected to usher in a period of rapid growth, A-share lithium battery plate continued to strengthen, as of press time, Tibet's Everest (600338.SH), Yan'an Bikang (002411.SZ), Jiangte Motor (002176.SZ) rose by the limit; Hesheng shares (002824.SZ), Desai Battery (000049.SZ), Shengxin Lithium Energy (002240.SZ) and other stocks rose.

Huaxi Securities Research report: lithium battery energy storage is expected to usher in a period of rapid development. The main results are as follows: 1) the new energy generation distribution and storage system can smooth its power output and reduce the abandonment rate, so that Electroweb can operate more efficiently and stably. At present, many provinces have issued support policies for the allocation of new energy storage. The goals and related promotion policies put forward in this draft for soliciting opinions, such as "the installed scale of energy storage will reach more than 30 million kilowatts by 2025", are expected to effectively promote the progress and development of energy storage. In the future, with the increase in the proportion of photovoltaic, wind power and other energy installation and the decline of energy storage costs, new energy plus energy storage is expected to become standard in the industry. The field of energy storage is expected to usher in the opportunity for development. 2) from the structure of global and domestic energy storage projects that have been put into operation by the end of 2020, pumped storage is the main type of technology, and the proportion of electrochemical energy storage is still small, 7.5% and 9.2%, respectively. With the technology upgrading and cost optimization of lithium battery, driven by the long-term goal planning of domestic policy, as one of the new electric energy storage technologies, lithium-ion battery energy storage is expected to usher in a period of rapid growth, leading to a significant increase in installed scale and share. The demand for pulling the middle and upper reaches is expected to increase. Suppliers with leading lithium battery energy storage technology and those who have taken the lead in entering the energy storage industry chain are expected to benefit from incremental space.