Huatai Securities: Policy Combination Boxing Opens up New Mode Space for Energy Storage Demand Side

Huatai Securities research report states that on September 12th, the National Development and Reform Commission and the National Energy Administration released three policies and drafts for soliciting opinions, including the "Special Action Plan for Scale Construction of New Energy Storage," the "Notice on Improving Price Mechanism to Promote Near-consumption of New Energy Generation," and the "Guidelines for the Construction of Electricity Spot Continuous Operation Area Market." All of them have been finalized, and opinions have been gathered offline before. The overall direction of the documents focuses on deepening the market-oriented reform of the electricity market, clarifying the pricing mechanism for direct connection of green electricity and integrated wind and solar energy projects, as well as outlining the future roadmap. It also sets bottom-line targets for the growth of energy storage installations. This will first benefit the sustainability of energy storage and wind power orders.