"Addition of three new US markets"! The surge in computing power drives the demand for energy storage. ( Stock picks )

On Friday, energy storage concept stocks were somewhat active, with China Energy Engineering Group Electric Power Design Institute, Shouhang New Energy, and others hitting the daily limit-up, while Jinneng Technology, Gler, and others rose over 10%.

Recently, computing power inflation has attracted significant attention from the capital markets, and the rapid growth in computing power is expected to boost energy storage demand.

According to Jiemian News, Li Ming, Global Product Manager of Sungrow Energy Storage, recently stated, “Data centers may generate energy storage demand equivalent to ‘three U.S. markets’.”

Li Ming estimates that by 2030, the new global energy storage demand from data centers will be about 200 GW, while the U.S. alone is expected to add about 57.6 GW of energy storage by 2025.

He pointed out that the underlying logic is that current transmission and distribution capacity cannot keep pace with the explosive growth in computing power demand. Energy storage addresses the transmission bottlenecks that are difficult to resolve in the short term.

Main Capital Flows: Snatching Up These Energy Storage Concept Stocks

Data from Eastmoney Choice shows that since March this year, major funds have been actively buying a batch of energy storage concept stocks. CATL ranks first, with a net purchase of 5.538 billion yuan; BYD ranks second, with a net purchase of 5.525 billion yuan.

Stocks such as Sungrow Power Supply, EVE Energy, China Energy Engineering Group Electric Power Design Institute, Deye Holdings, XiongTao Holdings, Sunwoda, HeWang Electric, Shouhang New Energy, and China Yangtze Power have net purchases ranging from 4 billion to 2.82 billion yuan.

Multiple Listed Companies Say They Benefit from Energy Storage Demand

Guotai Haitong Securities states that under the opportunities of “computing and electricity synergy + green power direct connection + Token going overseas,” energy storage will benefit directly.

The reason energy storage is a key link in computing and electricity synergy stems from the unique electricity consumption characteristics of data centers. Li Ming explained that graphics processing units (GPUs) have exponentially increasing power, with significant differences in power consumption modes during training, fine-tuning, or inference, resulting in highly irregular fluctuations from wideband to narrowband, high frequency to low frequency. These power jumps pose a huge impact on the power grid, especially weak grids.

To supply energy to AIDC, two core issues need to be addressed: first, ensuring stable energy and power supply; second, eliminating the impact of load fluctuations on the grid to prevent “blackouts” caused by severe fluctuations.

Recently, many domestic energy storage companies have announced that they benefit from energy storage orders, with some outright stating that these orders are driven by data center electricity demand.

On March 17, ArtPower Group announced that its energy storage solutions subsidiary, ArtPower Storage (e-STORAGE), had signed a supply agreement with a large overseas utility company to provide battery energy storage systems for a project of approximately 500 MW / 2,493 MWh (i.e., 0.5 GW / 2.493 GWh). The project will support the rapidly growing data center electricity demand and enhance regional grid resilience and reliability.

EVE Energy recently stated on an interactive platform that its energy storage battery orders are full, with production and sales at full capacity.

Yinlun Shares recently told investors during a survey that benefiting from the continuous prosperity of the energy storage industry, the company’s energy storage business is maintaining rapid growth.

Helen Technology, when asked by investors, said that benefiting from strong overseas energy storage market demand, orders for certified overseas products and household energy storage products have exploded, and with sufficient order reserves for AnDun, production lines are operating at full capacity, maintaining a good operating situation.

On March 19, ZhiGuang Electric responded to investor questions on an interactive platform, stating that the company’s energy storage orders are full, and production and delivery are being accelerated.

(Article source: Eastmoney Research Center)