The application scenarios of energy storage are rich and diverse. At present, there is no single energy storage technology suitable for all application scenarios. In the same application scenario, there may be mixed use of multiple energy storage technologies. In the future, energy-based energy storage technology and power-based energy storage technology will be useful. According to the latest forecast from BNEF, although supply chain shortages have limited energy storage deployment in the short term, more markets are starting to use batteries for high-capacity applications such as ancillary services and peak and valley shaving. From 2021 to 2030, it is expected that about  55% of new energy storage globally will be used for peak shaving and valley filling, especially in markets with high penetration of renewable energy. User-side energy storage (including residential and commercial applications) will grow steadily, accounting for about a quarter of the cumulative installed capacity by 2030, when the proportion of transmission and distribution applications will remain limited. In the future, energy storage will have broad application space on both the grid side and the user side. It can not only participate in auxiliary services such as grid peaking and frequency regulation, but also 5G communication base station, data center, vehicle network interaction, battery charging and other fields. The 48V 100Ah rack type battery, 48V 100Ah telecom battery is first choose for communication base station and data center.

  The cost of lithium ion energy storage battery continues to decline rapidly. Various mainstream energy storage technologies are still in the process of rapid development, and the scale, cost, and lifespan cannot fully meet the application requirements, and further cost reduction, quality improvement, and efficiency enhancement are required. In the medium to long term, half of the world's electricity may come from renewable energy sources, which will largely require the support of energy storage systems. Combining data from various research institutions, the cost of energy storage systems is falling rapidly, and the price of lithium ion energy storage battery has dropped by nearly 90% in the past decade. According to the 2021 Battery Price Survey released by BNEF, the price of lithium ion energy storage battery was still above $1,200/kWh in 2010, and by 2021 the actual price has fallen by 6% year-on-year. The 2021 annual technology baseline report released by the National Renewable Energy Laboratory (NREL) shows that by 2030, the cost of lithium ion energy storage battery will be greatly reduced, and will continue to decline rapidly; until 2050, its cost reduction will be The rate of decline is likely to slow down. However, it should be pointed out that since the second half of 2021, the rise in commodity prices and the increase in the cost of key materials such as electrolytes will put pressure on the development of the energy storage industry to a certain extent. To this end, continuous R&D investment and capacity expansion across the supply chain are required to improve battery technology and reduce costs of lithium ion energy storage battery over the next decade.

  As of 2021, the cumulative installed capacity of electrochemical energy storage in China will account for 11.8%, corresponding to an installed capacity of 5. 12GW. At the end of the 14th Five-Year Plan period, the cumulative operation scale of electrochemical energy storage is expected to exceed 60GW, and the latest installed capacity will exceed 55GW/110GWh, which will strongly support the continuous increase in the proportion of renewable energy power generation and complete the carbon emissions during the 14th Five-Year Plan period. 
  The electrochemical energy storage industry will usher in explosive growth in the next few years, and drive the rapid development of the upstream and downstream industrial chains, boosting the scale of energy storage market and bringing strong economic benefits. Relying on the global sales network and customer service system, PCENERSYS factory are improving battery technology and reduce costs of lithium ion battery products, such as 48V 100Ah rack type battery, 48V 100Ah telecom battery, 51.2V 100Ah powerwall LiFePO4 battery, 51.2V 200Ah powerwall LiFePO4 battery and high voltage LiFePO4 battery for off grid and hybrid solar power system.