In recent years, the global energy storage industry has entered an accelerated period of development, and the energy storage market has become a large-scale and further commercialized development trend. BYD has installed and is now participating in the implementation of battery energy storage projects in China, including Shenzhen Baoqing Storage Power Station, Zhangbei Feng Shui storage demonstration project and the emergency power supply of nuclear power plants and other demonstration projects; in the United States PJM FM market, BYD energy storage products more than 50% market share.

Following the shipment of nearly 100 energy storage containers in the PJM power market in the United States, BYD exports nearly 100 energy storage containers to the UK, which play an important role in the UK electricity market. The United Kingdom is the United States, Germany, Japan After the rapid rise of another emerging energy storage market.According to clients, because the UK has a more mature electricity market, energy storage containers in the local application of up to 13 kinds of scenarios, the return of natural rich ......

To seize market opportunities and successfully open the door to the market, as early as 16 years, BYD Electric Power Research Institute covers large, medium and small power levels of energy storage products successfully completed all the necessary qualifications to enter the British market certification. Including Series Modular PCS British GGP certification standards and distributed power generation PCS series modular low voltage across the certification, and laid a solid foundation for marketing.

It is reported that the UK power grid storage has now ushered in the development phase, especially in the distribution network with a wider range of energy storage applications.In addition to the FM market, the British government plans 2018-2019, will gradually introduce Capacity Mechanism (Power system capacity auction mechanism) market to encourage energy plants to shut down their nuclear power plants under the pressure of the European Union's goal of reducing carbon emissions.

With the deepening of the commercialization of the energy storage industry, it will not only profoundly affect the reform of the global power system and the traditional energy structure, but will also change the existing pattern of market share and create an incremental market with an unlimited prospect.
In the next 5-10 years, the lack of system inertia (grid inertia stability) and unsteady generation of power grids in the power grid will also stimulate the integration of energy storage systems and renewable energy sources to a certain extent.