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To achieve the goal of “carbon peak, carbon neutralization”, the proportion of renewable energy access will continue to increase, which will bring a severe test to the balance adjustment ability of the new power system, and the demand for flexible adjustment and real-time balance of the power system will continue to increase. However, pumped storage power stations and grid-side energy storage facilities, which are flexible peak-shaving resources, have relatively high investment and operation costs. 5G base station energy storage to participate in demand response can share the cost of energy storage system construction by power companies and communication operators to achieve a win-win situation between the communication system and the power system. Based on the analysis of the feasibility and incremental cost of 5G communication base station energy storage participating in demand response projects, combined with the interest interaction mechanism of all parties in the project, this paper proposes a business model for 5G energy storage to participate in the grid collaboration and interaction to improve the profit model of various market players, thereby promoting the penetration rate of the project.