Profit analysis of digital intelligent energy storage equipment manufacturing

Does digital transformation affect energy storage innovation?

Baseline analysis Table 3 shows the impact of digital transformation on energy storage innovation estimated by a negative binomial model. Our findings show that digitalization strategies have a significant positive impact on technological innovation in energy storage after controlling for years and industry fixed effects.

How do I evaluate potential revenue streams from energy storage assets?

Evaluating potential revenue streams from flexible assets, such as energy storage systems, is not simple. Investors need to consider the various value pools available to a storage asset, including wholesale, grid services, and capacity markets, as well as the inherent volatility of the prices of each (see sidebar, “Glossary”).

Is digital data processing a trend in energy storage?

Although we illustrated this trend mainly based on patent data in China, our findings agree with Mejia and Kajikawa , who found that digital data processing for multi-power systems has been one of the main trends in energy storage in both academia and industry research with a global data set.

Does digital transformation affect production efficiency of non-state-owned enterprises?

In addition, the positive effect of digital transformation on the production efficiency of non-state-owned enterprises is greater than that of state-owned enterprises, and the positive effect of digital transformation on the production efficiency of high-tech enterprises is greater than that of non-high-tech enterprises.

Which energy technologies are the most profitable?

The most examined technologies are again CAES (27 profitability estimates), batteries (25), and pumped hydro (10). Recent deployments of storage capacity confirm the trend for improved investment conditions (U.S. Department of Energy, 2020).

What are emerging digital technologies in energy storage?

Under a global wave of digital transformation, a growing body of research has recognized and introduced the significance of emerging digital technologies embedded in energy storage [16, 17], particularly on the blockchain [18, 19], energy big data and cloud computing [20, 21] and the energy Internet of Things (IoT) [18, 22].