Many Problems Of Trillion-dollar Energy Storage Need To Be Solved

Driven by the "dual carbon" goal, my country's energy storage connector industry has shown a good development trend, but there are still many industry problems that need to be solved.
With the continued popularity of new energy vehicles and battery storage connector industries, the demand for lithium iron phosphate batteries has increased significantly, and the demand for upstream raw materials such as lithium carbonate has also expanded. "Affected by the COVID-19 epidemic and other factors, international commodity prices have risen, and the price of lithium battery materials has risen rapidly. The price of lithium carbonate has risen from 55,000 yuan per ton at the beginning of last year to more than 500,000 yuan at present." Chen Haisheng said.
The soaring prices of upstream raw materials directly affect the cost of downstream storage connector systems. According to statistics from PV InfoLink, a third-party consulting agency, at the end of March this year, the price of energy storage systems was 1.7 yuan to 1.8 yuan/Wh, an increase of 12% to 20% compared with the end of last year.
The marketing director of a listed company told reporters that the rise in the price of energy storage battery raw materials has a certain impact on photovoltaic energy storage projects and user-side energy storage projects, and has suppressed the investment enthusiasm of developers to a certain extent. "Last year, the price of photovoltaic silicon materials rose, and the price of energy storage battery raw materials rose, which was difficult to bear."