According to the CITIC Securities Research Report, in 2026, when signing medium- to long-term contracts between power generation companies and power users, they will need to sign timesharing and curved contracts. Users' timeshare electricity prices will be linked to spot market transaction results and will no longer accept peak and valley electricity prices set by the government, which means that electricity market-based reforms will be further deepened. Currently, the peak and valley price spreads and the length of time period stipulated by the government generally exceed the spot market. After the mechanism was adjusted, the industrial and commercial energy storage profit model was affected, and industrial and commercial energy storage profits or pressure were under pressure in regions where spot price spreads are small and demand regulation is insufficient. The power system capacity shortage problem is still significant. It is already close to the point where the lack of capacity conflict erupts at an accelerated pace, and is expected to support the long-term development of energy storage.

According to the CITIC Securities Research Report, in 2026, when signing medium- to long-term contracts between power generation companies and power users, they will need to sign timesharing and curved contracts. Users' timeshare electricity prices will be linked to spot market transaction results and will no longer accept peak and valley electricity prices set by the government, which means that electricity market-based reforms will be further deepened. Currently, the peak and valley price spreads and the length of time period stipulated by the government generally exceed the spot market. After the mechanism was adjusted, the industrial and commercial energy storage profit model was affected, and industrial and commercial energy storage profits or pressure were under pressure in regions where spot price spreads are small and demand regulation is insufficient. The power system capacity shortage problem is still significant. It is already close to the point where the lack of capacity conflict erupts at an accelerated pace, and is expected to support the long-term development of energy storage.