Batteries Are On Fire, How To Drive The Development Of The Charger And Power Supply Industry For Charging Them

The energy storage industry has a long history, and I believe everyone is familiar with it. To put it bluntly, energy storage is equivalent to a power bank, charging when wind power, photovoltaic power generation or low power consumption, and discharging when wind power, photovoltaic power output is small or power consumption peak. It can not only smooth unstable photovoltaic power generation and wind power, increase the proportion of renewable energy, but also cooperate with conventional thermal power, nuclear power and other power sources to provide auxiliary services such as peak regulation and frequency regulation for the operation of the power system, and improve the flexibility of the power system. Electrochemical energy storage has the advantages of small geographical restrictions, short construction period, and continuous cost reduction, and is expected to become the mainstream in the future. Electrochemical energy storage has been developing since 2013. It is currently the fastest-growing energy storage technology and the most concerned energy storage technology in the industry. In 2020, the new addition broke through the GW level for the first time, and entered the explosive growth stage in 21 years. Lithium battery is currently the mainstream solution in electrochemical energy storage, and it is expected that the dominant position of lithium battery will not change in the next 5-10 years. In 2022, the cumulative installed capacity of electrochemical energy storage in China will be close to 6GW, and the growth rate will continue to accelerate. It is estimated that the annual growth rate of new installed capacity will exceed 60%.

Battery energy storage classification
Battery energy storage can be divided into four categories according to the type of battery: lithium battery, lead-acid battery, flow battery and sodium-sulfur battery.
Definition of different application scenarios of energy storage
1. Energy storage at the power generation end (wind/solar energy storage, power plant auxiliary frequency modulation, hydropower energy storage, nuclear power energy storage);
2. Energy storage at the grid end;
3. User-side energy storage (residential energy storage, industrial energy storage, commercial energy storage, data center energy storage)
The main purpose of our products is to charge household energy storage,
At present, household energy storage is mainly used in overseas markets. In the Chinese market, since residents' electricity prices are controlled by the government, the peak-to-valley price difference is relatively low, and it is difficult for energy storage to obtain economic efficiency. Therefore, it is difficult for household energy storage to develop in the Chinese market in the short term.
Most domestic household energy storage lithium batteries and system products are exported overseas, forming a very obvious export feature. In 2021, the global new installed capacity of energy storage will be 25.2GWh, of which the new installed capacity of user-side energy storage will be 2.7GWh. It is estimated that the global installed capacity of user-side will reach 47.6GWh in 2026, with an average annual compound growth rate of 98%. Among them, 22% came from the United States, and 47% came from Europe. Among them, Germany contributed the largest demand, accounting for 34% of the new installed capacity of global household storage, and the development of household storage in Europe and the United States is relatively leading. The key link in the electrochemical energy storage industry chain is the energy storage system. A complete electrochemical energy storage system mainly consists of battery pack (BA), energy storage converter (PCS), energy management system (EMS), battery management system (BMS) composition.

Power storage converter (PCS)
It is a key device between the energy storage device and the power grid. It is used to control the charging and discharging process of the battery and perform AC-DC conversion. In terms of cost composition, the cost of energy storage converters in energy storage systems is second only to batteries, accounting for 8%. important role in electrochemical energy storage systems. According to GGII data, the scale of the domestic PCS industry will increase by 248% in 2022. From the perspective of enterprises, Sungrow, Kehua Data, and Suoying Electric are leading domestic enterprises.
Battery Management System (BMS)
Also known as battery nanny or battery steward, its main function is to intelligently manage and maintain each battery unit, prevent the battery from overcharging and overdischarging, prolong the service life of the battery, and monitor the status of the battery. It directly affects the core aspects of BA's safety and life, so BA manufacturers basically have their own BMS systems. At present, the main listed companies in the domestic battery management system (BMS) industry include CATL, BYD, Joyson Electronics, and Sunwoda.
Energy Management System (EMS)
The core of EMS is software, which has a strong correspondence with PCS and BA systems, including communication protocols, responses, control methods, etc. Therefore, system integrators basically have their own EMS systems.

Moreover, the trend of cross-border integration of all links in the energy storage industry chain is becoming more and more obvious. The battery (BA) accounts for the largest cost in the electrochemical energy storage system, which shows its importance. In 2022, energy storage batteries will account for 64% of the construction cost of energy storage systems, an increase of 10 percentage points over 2021. Therefore, the energy storage battery industry will still be in a high-speed growth trend in the next 5-10 years, and the explosion of the energy storage battery industry will also bring opportunities to the power adapter charger industry. To align with it and increase your sales, here are some suggestions.

1. Develop fast charging capabilities for adapters and chargers. Energy storage batteries need fast charging to meet market demand. When your adapters and chargers provide faster charging, you can attract more customers.

2. Focus on marketing. The energy storage battery industry is a new industry, so you need to advertise your products to attract more customers. To increase sales, you can use marketing tools such as social media to promote your adapters and chargers to your target audience.

3. Strengthen cooperation with energy storage battery manufacturers. Partnering with an energy storage battery manufacturer can show customers that the charging equipment you offer is compatible with their batteries. This collaboration can enhance brand awareness and technical prowess, increasing your sales.

4. Provide customized adapter and charger products. You can provide customized adapters and chargers for different customer needs, which can improve your brand awareness and attract more customers.

In general, the explosion of the energy storage battery industry has brought new opportunities for the power adapter charger industry. In order to combine with it and increase sales, we can develop faster charging capabilities, focus on marketing, strengthen cooperation, and provide customized products. You can also pay attention to lithium battery chargers and lead-acid battery chargers on our company website. We 1-1000W charger can be customized, welcome to consult!