The 12th Energy Storage International Summit and Exhibition (ESIE 2024), hosted by Zhongguancun Energy Storage Industry Technology Alliance, China Energy Research Association, and Institute of Engineering Thermophysics, Chinese Academy of Sciences, will be held in Beijing from April 10 to 13, 2024. Shougang Convention and Exhibition Center grand opening.
The contradiction between supply and demand in the industry has erupted in 2023, and "involution" has become the norm. If new energy storage wants to break through the "involution", it requires the joint efforts of the supply side and the demand side, government departments and enterprises in the industry. How to formulate a market mechanism to restore the value of new energy storage, how to innovate and develop, how to promote the consumption of new energy, how to explore overseas markets, and how to promote the high-quality development of the energy storage industry have become a common concern of government departments and the entire industry and are related to my country's new energy storage industry. The focus is on whether the energy storage industry can maintain its leading position in the world.
Zhongguancun Energy Storage Industry Technology Alliance aims at the industry focus and invites 8 top industry experts and business leaders to start a high-end dialogue with the theme of "Breaking through 'involution' and exploring the path to high-quality development of the new energy storage industry." The dialogue was chaired by Xia Qing, a professor at Tsinghua University who is a leading figure in China’s power system reform and deputy chairman of the Energy Storage Committee of the China Energy Research Association.
On the afternoon of April 10, Dr. Cao Hui, Chairman of REPT BATTERO, was invited to attend this high-end dialogue and discussed in depth how the energy storage industry can move toward high-quality development and how Chinese energy storage battery companies should break through "involution."
Dr. Cao Hui mentioned that the global market demand for energy storage products will surge in 2022, especially the European market's demand for large-scale energy storage and household energy storage. This will lead to the influx of a large number of new players in the energy storage field and a large amount of new production capacity. However, with the slowdown in demand growth in recent years, battery production capacity has become serious, resulting in a series of impacts such as falling battery cell prices. Under such circumstances, enterprises must take system as the basis and innovation as the soul, accelerate global layout, and embrace industry involution with first-class product power and first-class channel power.
To achieve high-quality development of the energy storage industry, technological innovation must be a top priority. Regarding the development of energy storage battery technology roadmap, Dr. Cao Hui mentioned that the future innovation of battery cell products mainly has two dimensions. One is the innovation of battery structure. REPT BATTERO Wending technology has changed the square battery structure and achieved more than 7% space utilization of battery cells. Secondly, in the electrochemical system, lithium iron phosphate will still be an important part of the battery technology development route due to its cost advantage and technological improvement. Ternary has a price advantage over lithium iron manganese phosphate, and semi-solid batteries will Accelerate development in 2024.
On the same day, REPT BATTERO Wending Energy Storage Battery won the "2024 Energy Storage Excellence Product Award TOP10" in the 8th International Energy Storage Innovation Competition. The competition has a total of 262 entries submitted by international/domestic production, academic, research and user units. It adopts the form of offline on-site evaluation by experts and on-site defense by participating units. The expert group evaluates the participating projects according to the public evaluation standards. REPT BATTERO Finally, we won the TOP10 product category award, which highly recognized our continuous innovation and excellent performance in the field of energy storage.
The energy storage industry is in an era of "involution". In this era, innovation, development and innovation are the keys to guide companies to keep up with the pace of the market and win. In the future, REPT BATTERO will insist on being driven by technological innovation, actively explore new scenarios and new models of energy storage technology applications in its global layout, and build a sustainable industry future.