2018年-德勤全球_Global_energy_storage_26页_6mb

Summary of "Supercharged: Challenges and Opportunities in Global Battery Storage Markets"

Core Content

This report by Deloitte Center for Energy Solutions provides an in-depth analysis of the global battery storage market, focusing on the key drivers and challenges influencing its growth. It highlights the increasing role of battery storage in modernizing power grids, integrating renewable energy, and supporting various market functions such as frequency regulation, demand response, and energy arbitrage. The report also examines the impact of digital technologies, regulatory frameworks, and financial incentives on the development and deployment of battery storage solutions across nine key countries: Australia, Chile, Germany, Japan, India, Italy, South Korea, the UK, and the US.

Main Viewpoints

Market Drivers

1. Cost and Performance Improvements

   • Lithium-ion battery prices have dropped significantly, enabling broader adoption.
   • Declining costs are part of the story, but not the only factor driving market growth.

2. Grid Modernization

   • Countries are investing in smart grid technologies to enhance grid resilience and efficiency.
   • Battery storage supports these efforts by enabling prosumer participation, predictive maintenance, and self-healing capabilities.

3. Global Movement Toward Renewables

   • Renewable integration requires energy storage to manage intermittency and curtailment.
   • Corporate and public sector demand for clean energy is increasing, driving storage adoption.

4. Participation in Wholesale Electricity Markets

   • Battery storage is being integrated into wholesale markets for capacity and ancillary services.
   • Regulatory changes, such as FERC Orders 755 and 784, have enabled batteries to compete in frequency regulation.

5. Financial Incentives

   • Governments are offering incentives to promote battery storage, including tax deductions, grants, and subsidized financing.
   • South Korea and Italy are notable examples of countries with strong financial support for storage.

6. Phase-outs of FITs or Net Metering

   • Declining FITs and net metering policies are pushing consumers and businesses to adopt behind-the-meter storage solutions.
   • This trend is evident in Australia, Germany, the UK, and Hawai'i.

7. Desire for Self-Sufficiency

   • Residential and C&I customers are increasingly motivated by energy self-sufficiency, independence from utilities, and grid resilience.
   • In Australia, the desire for self-reliance is a major driver behind the residential storage boom.

8. National Policy

   • Many countries are implementing national policies to support storage as part of broader energy strategies.
   • These policies aim to reduce energy import dependence, enhance system reliability, and achieve environmental goals.

Challenges

1. Perceptions of High Prices

   • Despite declining costs, outdated perceptions can hinder adoption.
   • The rapid price drop has led to confusion among decision-makers about current system costs.

2. Lack of Standardization

   • Technical diversity and varying processes and policies create complexity in the value chain.
   • Standardization is critical for the proliferation of battery storage, particularly in managing "balance of charge" and cycle times.

3. Outdated Regulatory Policy and Market Design

   • Current regulations often do not support the flexible and multi-functional nature of battery storage.
   • There is a need for updated policies to allow storage to be classified as generation, load, or transmission infrastructure.

4. Incomplete Definition of Energy Storage

   • Stakeholders and policymakers struggle to define the full range of applications and value streams for battery storage.
   • The concept of "value stacking" is gaining traction, but regulatory and market barriers remain.

Key Information

• Market Growth: Projections vary, but the consensus is that the global battery storage market is growing rapidly.
• Technological Advancements: Digital technologies like AI, blockchain, and predictive analytics are enabling new business models and applications.
• Case Studies:
  • South Australia: Tesla and Neoen completed the world's largest lithium-ion battery (100 MW) to support grid reliability.
  • Chile: A new regulatory framework is being drafted to recognize battery storage in ancillary services.
  • India: The Smart City Initiative and the push for electric vehicles are driving storage adoption.
  • Japan: Post-Fukushima, the country has focused on regional self-sufficiency and is investing in battery storage to complement renewables.
• Economic Impact: Financial incentives and cost reductions are critical to the market's expansion, especially in countries with energy security concerns.
• Future Outlook: While challenges remain, the integration of batteries into wholesale markets and the development of supportive regulatory frameworks are expected to drive further growth and innovation in the sector.

Conclusion

Battery storage is playing a pivotal role in the transition to a more resilient, efficient, and renewable-powered energy system. The market is evolving rapidly due to declining costs, grid modernization, and the growing demand for clean energy. However, challenges such as outdated regulations, lack of standardization, and incomplete definitions of energy storage must be addressed to fully realize the potential of battery storage technologies. The report emphasizes that while the path to a mature market is complex, the momentum is strong and supported by global trends and policy shifts.