“Observation and Reflection 9” The energy storage industry “seems very hot”, but which aspects have been overestimated

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The Energy Storage Industry: “Seems Hot,” but Where Is It Overrated?

The energy storage industry appears to be in a state of continuous and intense popularity. However, from an engineering vantage point, certain facets are significantly overrated. The conclusion is unequivocal: market hype does not equate to engineering value, and blindly following the crowd can lead to project risks.

Overestimation of Quick Profitability Due to High – Tech Perception

Some enterprises assume that the high – tech nature of energy storage systems implies they can rapidly achieve profits. Yet, engineering practice shows that project success relies more on system stability and full – lifecycle management.

For instance, most energy storage projects have far more stringent requirements for Power Conversion Systems (PCS) and Battery Management Systems (BMS) than what is promoted in sales. Ignoring design rationality, on – site construction specifications, and long – term operation and maintenance (O&M) can cause a decline in system efficiency and an increase in failure rates. A project that disregarded proper thermal design during construction witnessed a 20% drop in system efficiency within the first year of operation due to overheating issues.

Moreover, factors such as an unstable supply chain, non – unified standards, and insufficient construction experience are also overrated. An unstable supply chain can lead to delays in component delivery, disrupting project timelines. Non – unified standards may cause compatibility problems between different components, raising the risk of system failures. And insufficient construction experience can result in improper installation, affecting the overall performance of the energy storage system.

The Misconception of Blind Capacity Expansion and Function Upgrades

Another common error is to simply pursue capacity expansion or function upgrades while neglecting engineering controllability. Complex systems demand substantial engineering resources for installation, commissioning, and maintenance. Otherwise, high – tech features alone are difficult to convert into economic value.

For example, a project that added multiple advanced functions without considering engineering complexity faced significant challenges during commissioning. The additional functions required extensive software tuning and hardware integration, leading to a three – month delay in project completion and a 15% increase in overall costs.

The Role of Integrated Solution Providers

Selecting enterprises that can offer a complete set of energy storage products, power products, and solutions helps balance technology, engineering, and long – term operational value. Take Imax power as an example. The company fully takes into account engineering controllability in its product and solution designs.

Imax power’s high – performance energy storage systems are engineered with precision, incorporating advanced technologies while ensuring ease of installation, commissioning, and maintenance. The company provides end – to – end solutions, from initial system design to on – site construction guidance and long – term O&M services. This approach enables its high – performance systems to operate safely, stably, and sustainably in real – world projects, maximizing the return on investment for clients.

In conclusion, to avoid the pitfalls of overrated aspects in the energy storage industry, enterprises should focus on engineering fundamentals and partner with reliable integrated solution providers like Imax power. This strategy can help ensure the success and long – term viability of energy storage projects.

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