SWOT-Based Analysis of Commercial Benefits of Electrochemical Energy Storage

With the gradual transformation of the energy structure, energy storage has become an indispensable important support and auxiliary technology for low-carbon energy systems. The development of electrochemical energy storage technology has advanced rapidly in recent years. Cost reduction, technological breakthroughs, strong support from national policies, and power market reforms have created favorable conditions for the commercial application of electrochemical energy storage technology. However, energy storage, which has attracted much attention, is an emerging industry with great uncertainty, and its development is full of opportunities and risks. The article uses the SWOT model to analyze the commercial application of electrochemical energy storage, and summarizes a variety of internal and external factors that affect the commercial promotion of electrochemical energy storage. Then a case study of Xinjiang wind plant energy storage configuration is used to illustrate that electrochemical energy storage systems can participate in a variety of service application scenarios and achieve significant benefits. Our work provides a reference for companies to formulate strategic plans for energy storage projects, and puts forward suggestions on the commercialization and largescale development of the energy storage industry.