Battery-grade lithium carbonate spot price fell by 1,000 yuan compared with the previous, and the average price was reported at 98,500 yuan per ton. Industry insiders said that by multiple factors together, lithium carbonate futures and spot prices are under pressure, presenting the characteristics of the peak season is not prosperous, and it is expected that the energy storage market will usher in a round of restructuring.

Su Bin, head of the Caixin Futures Research Service Center, said that from the supply side, in recent years, lithium carbonate producers have been actively expanding their production, and new production capacity has been released in large quantities in the near future, with a significant increase in supply. From the demand side, distributors' inventories are high, and downstream manufacturers are not highly motivated to take goods. In the view of the south network energy storage, lithium battery-based energy storage system bidding price downward, is not a negative news for the energy storage industry, which is pregnant with a variety of business opportunities.

Hunan University School of Electrical and Information Engineering, vice president, doctoral tutor Professor Lai Fuhai said: "In the domestic energy storage market, lithium battery solutions occupy a major position. From the perspective of economy, safety and other considerations, a single lithium battery solution is difficult to adapt to the diversified energy storage market demand, but also faces fierce market competition. Enterprises based on their own strength to develop energy storage solutions with different technical characteristics is the inevitable road." "In recent years, gravity energy storage technology, which has higher safety, loose siting conditions, better adaptability to operating temperature, and longer life cycle, has received attention from many enterprises, and is expected to become a new favorite in the energy storage market by cooperating with artificial intelligence algorithms for energy storage optimization."