Investment Returns Under New Peak-Valley Electricity Price Landscape

This document, presented by Tu Liubing, Market Director at Hemtree Energy, analyzes investment returns under the new peak-valley electricity price landscape. It covers policy changes, revenue model 2.0, reflections, and project case studies. Key policy adjustments include refined peak-valley periods and price spread changes. Revenue model 2.0 focuses on policy adaptation, technology cost reduction, and diversified revenue streams such as basic arbitrage optimization, demand charge management, virtual power plant aggregation, policy dividends, carbon asset stacking, and solar-storage ecosystem synergy. The document also reflects on calculation models, development models, contract terms, multi-party cooperation, and project implementation. Case studies include the Yangxi Power Plant thermal-storage combined frequency regulation project (105MW/112MWh, IRR 15.6%), Shenzhen Energy Heyuan Power Plant project (30MW/30MWh, IRR 14.2%), Zhongshan Tanzhou grid-side energy storage project (200MW/400MWh), and AESC commercial & industrial energy storage project. The document emphasizes risk mitigation, shared benefits, and fine operations.