Two characteristics of the market:

1, the technical route iteration acceleration, both in the model power, installation platform capabilities have been significantly improved, and with the improvement of simulation, pilot test and other capabilities, the industry technology replacement cycle will be further shortened to less than 1 year;

2, DASD-CT15SPXB-02 the development of the application field is diversified, and the construction of large-scale wind power photovoltaic base with the focus on “Shage shortage” is accelerating, putting forward higher requirements for the environmental reliability of low-voltage components. Offshore wind power is still attached importance, and gradually to the far-reaching sea development, in the future AC1380V higher voltage platform with the blessing of the market began to emerge with rated current more than 8000A super capacity frame circuit breakers.

5 Characteristics of energy storage market demand

New energy storage ushered in a full-scale outbreak, the main products in the domestic market for MW level centralized large storage, mostly in the form of container machines, accounting for about 90%.

In 2023, China’s new energy storage installed capacity of 23GW/49GWh, an increase of 210%;

The total installed capacity of new energy storage projects has been 31.39GW/66.87GWh, and the average storage time is 2.1 hours.

The technology route is diversified, and lithium-ion battery energy storage is still absolutely dominant, accounting for 97.4%.

The application level shows a diversified development pattern

① DASD-CT15SPXB-02 Power generation side and grid side:

The scale of independent energy storage power stations on the grid side has exceeded the scale of new energy distribution and storage on the power generation side.

The main products are MW class centralized large storage, mostly in the form of container integrated machines, accounting for about 90%;

As the capacity of energy storage system increases, the high-voltage direct-hanging network type energy storage scheme has gradually become a new hot spot in the industry, and the ability to support power grid and independent operation is stronger.

② User side: