On October 13, 2023, China (Suzhou) Industrial and Commercial Energy Storage Sustainable Development Seminar & JD Energy Distributed Energy Storage 2023 Ecological Partner Conference (Jiangsu Special) co-organized by the Jiangsu Energy Storage Association and Xi'an JD Energy Co., Ltd. came to a successful conclusion in Suzhou.
Under the guidance of the "3060" dual carbon and energy security goals, China is accelerating its energy structure adjustment, and the proportion of renewable energy power generation is increasing year by year. The energy storage industry has therefore met unprecedented development opportunities. In 2023, as the peak-valley price difference continues to widen, user-side energy storage subsidy gradually unveils and the electricity market-oriented reform accelerates, the industrial and commercial energy storage will enter the fast lane and the business model will become clearer and more diversified with further improved economy and unlimited prospect! Against this background, the conference was held with the theme of joining hands in trillion-yuan energy storage market, aiming to build a cooperative and win-win energy storage ecosystem and industry community of shared future, and to achieve common progress and win-win results with ecological partners. On the day of the conference, many leaders, experts and partner representatives in the energy storage field delivered speeches. More than 800 guests and tens of thousands of practitioners witnessed this industry event online and offline.
At the beginning of the conference, Zhu Junpeng, President of Jiangsu Energy Storage Association, delivered an opening speech. He said that Several Measures on Accelerating the High-Quality Development of New Energy Storage Projects in Jiangsu Province (Draft for Comments) issued in June 2023 clearly plans that by 2027, the scale of new energy storage projects in Jiangsu Province will reach 5 million kilowatts. In addition, Jiangsu Province proposed to optimize the seasonal peak electricity price for industrial electricity and to pilot the deep valley electricity price for industrial electricity during major festivals. This means that the profit space for industrial and commercial energy storage will further expand, and distributed energy storage will inevitably become a new development trend in the industry.
Liu Weizeng, Chairman of JD Energy, attended the conference and delivered a speech, saying that industrial and commercial energy storage comes with a trillion-yuan market and the prospect is broad. A good investment and profit model also requires safe and reliable products and system solutions. JD Energy's distributed energy blocks have been successfully applied in more than 200 industrial and commercial power stations, and have won unanimous affirmation and recognition from the industry with the brand label of leader in distributed energy storage. Distributed energy storage has enabled the industry to evolve from extensive to refined, and from engineering to productization, so it will inevitably represent the future development direction. JD Energy hopes that more like-minded people will join us and work together to open the door to large-scale industrial and commercial energy storage in China, and also open the door to wealth for the majority of industrial and commercial users, JD Energy ecological partners, and new energy investors.
In the keynote speech session, Wu Zhen, an expert from China Electric Power Planning & Engineering Institute, analyzed and interpreted the Chinese energy storage market from a professional perspective. He said that since the 14th Five-Year Plan, China's new energy storage installed capacity has continued to grow explosively, with diversified technologies and large-scale projects. It is expected that during the 14th Five-Year Plan period, China's new energy storage installed capacity will exceed 50 million kilowatts. To achieve the carbon neutrality goal, the demand for energy storage is expected to be about 1.4 billion kilowatts. By 2030, China's new energy storage installed capacity will exceed 150 million kilowatts, and the energy storage time will gradually increase.
Wang Tinghua, a senior expert from the Economic and Technological Research Institute of State Grid Jiangsu Electric Power Co., Ltd., focused on the industry development and safety management of new energy storage, pointing out that energy storage power stations face six major problems and risks. Only by taking appropriate measures in terms of energy storage planning, construction management, business model, operation and maintenance management, equipment technology and professional management can the healthy development of energy storage industry be promoted. Currently, the technical standard and safety supervision system for energy storage power stations are still under construction.
Zhang Junjun, New Energy Department Director of State Grid China Electric Power Research Institute, put forward the outlook in his speech that in the future, when large-scale photovoltaic power stations are connected to the grid, through the technical improvement of grid connection performance, they will gradually achieve the transition from passively adapting to the grid to actively supporting the grid. At the same time, through the integration with energy storage plus, they will fully assist photovoltaic power generation in transforming its role from an auxiliary power source to a main one to adapt to the grid connection need of new power system.
Jiang Ke, Energy Storage and Power Distribution Department Director of CEEC Jiangsu Power Design Institute Comprehensive Energy Company, delivered a speech entitled Technical Development Route and Case Analysis of Energy Storage Industry. He gave a professional explanation of energy storage types based on actual cases. He also sorted out the corresponding policy for energy storage business model and deeply demonstrated its economy.
Zhang Yi, Deputy General Manager of JD Energy, introduced JD Energy's distributed energy storage solutions and product planning, saying that those solutions focus on energy storage safety and economy, which are fundamentally different from traditional ones. JD Energy has always adhered to the same product, system and value concepts, and achieved the lowest LCOS and maximized customer value by improving system efficiency and storage and discharge capacity. JD Energy first launched the "All in One" distributed modular product on the user side, with multiple advantages such as being extremely safe, economical and efficient as well as intelligent operation and maintenance. It has been successfully applied to many industrial and commercial energy storage projects across China.
In addition, Ma Jinpeng, Sales Deputy General Manager of JD Energy, gave a detailed explanation of the JD Energy ecological partner policy and provided an in-depth interpretation of product, service and price. In terms of product, JD Energy's product and solution design focuses on safety and economy, and prioritizes customer value. As to service, JD Energy provides one-stop and meticulous service to ensure that the mean time to recovery (MTTR) of energy storage power station does not exceed 24 hours. In terms of price, JD Energy's "Starry Sky Plan" will give ecological partners a more competitive empowerment price based on the market benchmark price of the month, in order to achieve a win-win situation.
After the keynote speech session came the signing ceremony, the highlight of the conference. This time, 12 corporate representatives came to the stage to sign the contract, expressing their willingness to become ecological partners of and work together with JD Energy.
In addition, Feng Jianjian, Strategic Operation Director of Suzhou Kerui Energy Technology Co., Ltd., shared his story with JD Energy as a representative of JD Energy's ecological partners. The two parties met through the energy storage project of Suzhou Shuangxi Dairy of New Hope Group (a Fortune 500 company). The project has a construction scale of 700kW/1.4MWh. After connected to the grid and put into operation, it can save about 550,000 yuan in electricity bill each year, with a cost recovery period of 6 years. The encouraging data has strengthened Kerui's confidence in the cooperation with JD Energy. In the future, the two sides will carry out in-depth cooperation in marketing, R&D, supply chain and other aspects.
The roundtable discussion was hosted by Shen Yiming, General Manager Assistant of Power China New Energy Group Co., Ltd. Zhang Yi, General Manager of Towngas Times Smart Energy Technology (Suzhou) Co., Ltd., Yu Long, New Energy Division Chief Engineer of SPIC Shandong Electric Power Design Institute, Ma Jinpeng, Marketing Deputy General Manager of JD Energy, Jiang Yiming, Energy Storage Business Head of Huaxia Financial Leasing Co., Ltd. and other guests had an in-depth and heated discussion on the risks and opportunities of user-side energy storage. The guests expressed their views on the industrial and commercial energy storage market from multiple dimensions, and finally said unanimously that industrial and commercial energy storage will meet a new spring, and the future will be a blue ocean.
In the final dinner session, it is worth mentioning that the Starry Sky Plan Plus was fulfilled as promised! Through on-site lucky draw, a total of 21 lucky guests won the Freezing Point Coupon. Based on the final price of Starry Sky Plan, they can enjoy reductions of up to 0.04 yuan/Wh! Amidst exclamations, the JD Energy Distributed Energy Storage 2023 Ecological Partner Conference (Jiangsu Special) came to a successful conclusion.
Let's join hands in the trillion-yuan energy storage market! JD Energy has never stopped moving forward after Hangzhou, Guangzhou and Suzhou. At the next stop, JD Energy looks forward to working with more ecological partners to forge ahead and continue the wonderful journey!
