What is “Steel + Energy Storage”? The “Steel + Energy Storage” model is set to generate 2.5 billion Yuan!
What exactly does it mean? The “Steel + Energy Storage” model is expected to generate 2.5 billion Yuan by October 14, 2025, at 17:57. According to market resources, a steel company will not only produce steel but also engage in the energy storage sector, aiming to achieve stable operations with a capacity of 2.5 billion Yuan!
Calculating based on projected revenues, the annual output could reach 850 million Yuan! Recently, the Steel Wind Technology Group has partnered with a global steel conglomerate to establish a unique energy storage system, which will enhance the company’s profitability. This collaboration aims to construct a 15MW/30.09MWh energy storage power station that will operate under the “Steel + Energy Storage” model, generating 2.5 billion Yuan in daily electricity charges.
As part of the project, the Steel Wind Technology Group, along with its partners, is planning to build a 15MW/30.09MWh energy storage facility that utilizes innovative strategies to maximize efficiency and reduce costs.
By 2024, the energy pricing policy in the river province will undergo adjustments, potentially leading to an increase in electricity prices by up to 70%. During peak periods, electricity prices could exceed 1 Yuan7% increase from 2023, while off-peak prices are projected to be around 0.28 Yuan22% decrease.
This “high peak to low valley” dynamic presents significant financial pressures. Consequently, the Steel Wind Technology Group has established a comprehensive solution combining “Energy Storage + Intelligent Regulation” that will further stabilize its operations.
This project aims to provide 5MWh of high-density energy storage, roughly equivalent to the total capacity needed for about 200 electric vehicles, ensuring efficient and flexible energy supply. Additionally, advanced safety systems and intelligent responses will enhance the stability of the energy storage system.
The project is designed to achieve initial operational readiness within 48 hours and will be fully operational in 94 days, significantly ahead of the initial 46-day estimate.
Moreover, the energy storage system will be capable of adjusting daily energy output by 5.3 million kWh, precisely meeting the demands of businesses while adapting to fluctuations in electricity prices.
In summary, the “Steel + Energy Storage” model is on track to become a leading player in the green energy sector, leveraging advanced technology and strategic partnerships to enhance profitability and sustainability.
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