Index
On February 22, 2022, the Shanghai Composite Index closed at 3457.15 points, down 0.96%; Shenzhen composite index closed at 13297.11 points, down 1.29%; Photovoltaic index closed at 4480.48 points, up 0.46%. The wind power index closed at 3002.41 points, down 1.51%. Among them, the top three companies in the photovoltaic industry are: Trina Solar Co.Ltd(688599) (688599,7.68%), Wuxi Autowell Technology Co.Ltd(688516) (688516,5.70%), Tongwei Co.Ltd(600438) (600438,5.66%). The top three companies in the wind power industry are: Gepic Energy Development Co.Ltd(000791) (000791,1.57%), Sungrow Power Supply Co.Ltd(300274) (300274,1.51%), Jiangyin Hengrun Heavy Industries Co.Ltd(603985) (603985,1.09%).
Comments
The national development and Reform Commission and the energy administration today issued the implementation plan for the development of new energy storage in the 14th five year plan, which requires support for the export of a high proportion of renewable energy bases. Relying on the stock and the new trans provincial transmission channels in the 14th five year plan, we will give full play to the role of large-scale new energy storage in the northeast, North China, northwest and southwest. Through the multi energy complementary mode of “integration of scenery, water and fire storage”, we will promote the trans provincial transmission and consumption of new energy, and improve the utilization rate of channels and the proportion of renewable energy. At the same time, we will increase support for “new energy + energy storage”. In areas with a high proportion of new energy installed capacity and high pressure of system peak shaving operation, actively guide new energy power stations to allocate new energy storage in a market-oriented manner. For new energy power generation projects supporting the construction of new energy storage or implementing energy storage in a shared mode, priority can be given to competitive configuration, project approval, grid connection sequence, guaranteed utilization hours, power service compensation assessment, etc. in combination with the technical level of energy storage and system benefits. The document puts forward policy support for the supporting construction of energy storage, proposes that by 2025, energy storage will enter the stage of large-scale deployment from the initial stage of commercialization, and also makes deployment in the fields of power consumption in the western desert and hydrogen production from new energy. It is suggested to pay attention to listed companies related to energy storage and green hydrogen sectors.
Industry dynamics
The storm “Eunice” swept the UK, with record wind power generation and plunging electricity prices. Yorkshire and other places in the UK are at the center of the “Eunice” storm, but these places are also full of offshore wind farms. At present, the installed capacity of offshore wind power in the UK ranks first in Europe. Over the past week, wind power generation in the UK has significantly exceeded natural gas. The average wind power generation capacity is 11.48gw, which is much higher than 7.2gw of natural gas power generation capacity. (Polaris power grid)
Company dynamics
Jiangsu New Energy Development Co.Ltd(603693) (603693): during the reporting period, the company achieved a total operating income of 1856732000 yuan, a year-on-year increase of 20.04%; The total profit was 462.2185 million yuan, a year-on-year increase of 107.19%; The net profit attributable to shareholders of listed companies was 309343900 yuan, a year-on-year increase of 101.24%. As of December 31, 2021, the total assets of the company were 15804.5556 million yuan, an increase of 40.93% over the beginning of the year; The owner’s equity attributable to the shareholders of the listed company was 5614.1978 million yuan, an increase of 20.66% over the beginning of the year; The net assets per share attributable to the shareholders of the listed company was 8.19 yuan, an increase of 8.76% over the beginning of the year.
Risk warning: the epidemic situation fluctuates beyond expectations and the risk of policy change.
