The positioning and business model of the energy storage industry are becoming increasingly clear. Judging from the recent performance forecasts released by the industry,the performance of the energy storage industry continues to grow rapidly. Many companies expect their performance to double in 2022, which will add to the benefits of the industry.
The market generally believes that energy storage will become one of the most eye-catching sectors in 2023. A number of policies have been issued to promote the development of energy storage, and the industry has great momentum for development.
The demand for household energy storage has exploded, and the performance of energy storage companies has soared in 2022.
On January 30, the energy storage sector rose across the board, becoming the "most attractive sector" in the capital market.
As of press time on January 31, the energy storage sector continued its upward trend from the previous day, and the rise was significant.
Driven by the strong user-side energy storage in Europe and the United States, 2022 is a year of continued strong development of the global energy storage market, with rapid growth in global energy storage market demand and continued growth in the performance of domestic energy storage industry companies.
According to the performance forecast released by KSTAR, the company expects to achieve operating income of 4.4 billion yuan in 2022, an increase of 57% over the same period last year; the net profit attributable to shareholders of listed companies is expected to be 600 million to 700 million yuan.
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As of press time on January 31, the energy storage sector continued its upward trend from the previous day, and the rise was significant.
Driven by the strong user-side energy storage in Europe and the United States, 2022 is a year of continued strong development of the global energy storage market, with rapid growth in global energy storage market demand and continued growth in the performance of domestic energy storage industry companies.
According to the performance forecast released by KSTAR, the company expects to achieve operating income of 4.4 billion yuan in 2022, an increase of 57% over the same period last year; the net profit attributable to shareholders of listed companies is expected to be 600 million to 700 million yuan.
Huafu Securities said that the company's energy storage business continued to grow at a high rate, and it is expected that the energy storage business revenue in 2022 will be around 1.3 billion yuan, exceeding its previous expectations (the expected value is 1.06 billion yuan).
In 2019, Kstar and Ningde jointly established Times Kstar, focusing on the energy storage field, especially in the field of user energy storage.
With the strong cooperation between the two, Ningde stabilizes the supply of power cells, and Kstar makes PACK, providing household storage system battery packs for foreign energy storage giant SolaX. The latter's household storage products are sold to Europe and North America, and the US household storage market share has surpassed Tesla and ranks first.
In addition, according to public reports, Kstar also provides OEM photovoltaic storage integrated machines for Midea and Aux.
Regarding the company's good performance last year, Kstar said that it was mainly due to the strong market demand for new energy business. Relying on the advantages of domestic and overseas channel business, the company's orders and shipments of photovoltaic and energy storage products have increased significantly, resulting in a rapid growth in the company's overall performance.
In 2022, Payne Technology, known as the "first energy storage stock", also achieved substantial growth. The company expects to achieve a net profit of 1.18 billion yuan to 1.31 billion yuan in 2022, a year-on-year increase of 273.21% to 314.32%.
Payne Technology is the first listed company in China with energy storage as its main business. The company adheres to the lithium iron phosphate soft pack route, takes the lead in entering the communication energy storage lithium battery market and quickly becomes a leader in this field. At present, the company is also vigorously developing the international market for distributed solar energy storage.
Favorable policies are frequently issued, and the industry has strong development potential
In terms of policy, favorable policies on energy storage development have frequently appeared at the beginning of 2023.
For example, in January, the Ministry of Industry and Information Technology and six other departments recently jointly issued the "Guiding Opinions on Promoting the Development of the Energy Electronics Industry", proposing specific development directions for lithium-ion batteries, lithium battery materials and equipment, sodium-ion batteries, flow batteries, hydrogen energy storage/fuel cells, supercapacitors, other new energy storage technologies and products, battery system integration, detection and evaluation and recycling, and intelligent early warning and security of energy storage systems.
At the same time, the National Energy Administration issued the "Blue Book on the Development of New Power Systems (Draft for Comments)", which pointed out that by 2030, a variety of new energy storage technology routes, mainly compressed air energy storage, electrochemical energy storage, thermal energy storage and other intraday regulation, will coexist, focusing on friendly "new energy + energy storage" power stations, base-based new energy accessories energy storage and other models, to carry out large-scale layout and application.
On January 30, 2023, the General Office of the National Energy Administration issued a notice on the "Key Tasks for Power Safety Supervision in 2023" (hereinafter referred to as the "Tasks"), organizing research on the network safety of new grid-connected entities such as electrochemical energy storage, virtual power plants, and distributed photovoltaics, and strengthening the safety co-governance of "source, grid, load, and storage".
Under the catalysis and drive of intensive policies, the energy storage sector will have sufficient development momentum in 2023. The market is optimistic about the future development of energy storage. Some industry insiders believe that with the the implementation of the carbon peak and carbon neutrality routes, and the rise of the new energy industry, 2023 may be a year of great development for the energy storage industry.
Summary
In the past two years, the energy storage industry has developed strongly and has become one of the leaders of emerging industries in China. As the global energy storage battery market demand continues to grow, the domestic energy storage industry chain has also developed rapidly and continues to attract capital.
Industry insiders said that energy storage, as an important force to support the development of the new energy industry and build a new national power system, has gradually formed an independent track and will usher in more favorable policies.
