The prospects of liquid flow batteries are treated with the hot review 丨 to verify that investors should treat it with caution

A few days ago, Zhang Feng, vice president of Huawei Digital Energy Technology Co., Ltd., and others went to the Investigation of Light Storage Energy Storage Technology Co., Ltd. and stated that they would discuss cooperation in new energy industry. Zhang Feng said that Huawei has always paid close attention to the development of the field of liquid flow battery industry. From the perspective of industrial cooperation and investment, the technical strength, technical path and implementation plan of the liquid flow energy storage company are detailed and dense, and they have strong operability.

Suddenly, the liquid flow battery was once again followed by the capital market. There are also news from the media to put the news of Huawei's inspection of liquid flow batteries with Ren Zhengfei's previous speech. Although this is two unrelated content, there is a kind of induction effect of "speakers intentionally and listeners" together.

Ren Zhengfei's previous shouts have received widespread attention, saying that the business strategy has shifted from scale to profit and cash flow. The steering of this strategy also means that the survival of the fittest between the projects, and the sensitive steering node releases the news of the survey liquid flow battery, which seems to give people a hint -the liquid flow battery has stood out in the "survival of the fittest".

On the other hand, liquid flow energy storage technology Co., Ltd. is a company established this year and is currently a demonstration of MGA -level power stations. A startup may require capital investment to expand scale, rather than short -term monetization. For investment capital, there will naturally be a period of time that must be experienced.

However, Huawei valued, further raising the liquid flow battery route of the energy storage industry. However, the verification of this technical route and business model is not the reason for the capital market to stir up the corresponding battery concept stocks.

First of all, the liquid stream battery is still on the eve of the commercialization process, and there is still a distance from the scale of the mature cycle. This year, the installation volume of liquid streaming batteries has increased significantly year -on -year, but it also needs to solve many problems such as large volume capacity, large occupied area, and high unit costs. Moreover, the growth of liquid battery installations also has a large industrial background of new energy installations such as photovoltaic and hydropower. The increase in installed capacity such as photovoltaic and hydropower, and the use of energy storage to solve the consumer will become more urgent. Compared with mature lithium batteries, the liquid flow battery is more elastic because of its small base.

Secondly, now A shares do not have a very pure liquid -flow battery concept stock, it is difficult to obtain profitable indicators and business structures from open financial reports. Even though the prospect is beautiful and the market is very broad, the outsiders rarely know how much it can make.

Finally, A shares have a mature upstream enterprise of liquid flow batteries, but no large -scale use was seen from its financial report in the first half of the year. For example, in the semi -annual report of the industry leader climbing steel vanadium titanium, it is only mentioned that in the field of non -steel, the energy storage capacity of all -round liquid flow battery has ushered in a key opportunity period from demonstration projects to commercial development. In the first half of the year, Anning's revenue of vanadium titanium iron concentrates even declined year -on -year.

According to the financial report of similar upstream resource companies, the sales of vanadium titanium have not increased due to the development of liquid flow batteries. Enterprises' expectations for liquid flow batteries are also "future", and it is expected that vanadium titanium products will develop greatly in this application field. Moreover, from the low position of this year, the concept stocks similar to Pan Gang vanadium titanium have been twice or 3 times. From the perspective of the subject matter and concept speculation, this increase has reflected the commercialization expectations of liquid batteries. If you want to have further space, the performance still needs to be fulfilled. Before the performance was fulfilled, even though there were various news stimuli, the risk income ratio was not as attractive as initial.

No one denys the bright future of liquid flow batteries, and it has its own comparative advantage in the field of energy storage security. But just like lithium batteries, there will be a long way to go from the beginning of commercialization to the maturity period. The industrial application field is not just difficult to start, it is also difficult to reach nodes to the mature cycle. There will be many reasons for hype, but before the real commercialization cycle comes, investors need to be more rational to avoid entering the "good cocoon room" due to prejudice.

We must see the future expectations of beautiful things, but also do not stir -fry the subject matter, and look blindly.

Daily Economic News

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