Germany will achieve the target of 100% renewable energy supply five years ahead of schedule.
According to Reuters, the German Ministry of economy proposed a new draft legislation on February 28, which will achieve the goal of “completing 100% renewable energy supply and abandoning fossil fuels” by 2035.
According to the report, the amount of onshore wind power in Germany will increase from 3 GW this year to 10 GW in 2027 Cecep Solar Energy Co.Ltd(000591) bidding volume will increase from 7 GW this year to 20 GW in 2028.
This is not the first time Germany has proposed the transformation goal of renewable energy.
In July 2010, the German Federal Environment Agency said at a press conference that from a technical point of view, Germany is expected to achieve the goal of all electric energy from renewable energy by 2050, and put forward a series of suggestions.
According to wall street news, with the great strides of new energy in Europe, Germany will advance its goal to “complete 100% new energy supply by 2040” in 2021.
In the early stage of new energy development, Germany was dominated by coal-fired power, nuclear power, fuel oil, gas-fired power generation and other thermal power. After that, under the incentive of subsidies, German photovoltaic once developed rapidly. On March 30, 2012, the German parliament approved a substantial reduction in subsidies for photovoltaic power generation, and the road of photovoltaic industry began to slow down significantly.
The acceleration of Germany’s energy transformation may be conducive to the export of China’s photovoltaic products.
The relevant person of a photovoltaic module listed company told the interface news that the inquiries of German distribution channels have increased significantly recently.
The source said that although Europe called for more use of local photovoltaic modules and products, it still takes time for Europe to have its own production line and can not support its own needs for new energy.
China is the world’s largest photovoltaic market. According to the statistics of China photovoltaic Association, as of 2021, there are 20 GW markets worldwide, and the Chinese market accounts for 34%, ranking first in the world; The United States accounts for 15%, ranking second; Germany accounts for about 4%.
China is also the country with the largest concentration of photovoltaic leaders in the world Longi Green Energy Technology Co.Ltd(601012) ( Longi Green Energy Technology Co.Ltd(601012) . SH) is the world’s largest manufacturer of photovoltaic silicon wafers and modules Tongwei Co.Ltd(600438) ( Tongwei Co.Ltd(600438) . SH) is the world’s largest manufacturer of photovoltaic cells and the leader of silicon materials.
In 2021, the foreign trade volume of China’s photovoltaic industry continued to expand.
Among them, the export volume of components was the largest, reaching US $24.95 billion, a year-on-year increase of 27.5%; The total export volume reached 100.55 GW, a year-on-year increase of 27%.
Over the same period, the export volume of silicon wafers reached US $3.37 billion, a year-on-year increase of 56.9%, a new high over the years; The export volume of battery chips was US $1.37 billion, a year-on-year increase of 38.2%.
According to the statistics of China photovoltaic Association, the export volume of China’s photovoltaic products increased the most in the European market last year, accounting for about 39% of the total export volume, with a year-on-year increase of 72%.
Europe is the largest overseas market for China’s photovoltaic module exports. According to the statistics of China Chamber of Commerce for import and export of mechanical and electrical products, in 2021, China exported 45.3 GW of photovoltaic modules to Europe, with a year-on-year increase of 54%, accounting for about 45% of the total export.
According to the official website of baywa R.E., a German renewable energy company, Chinese photovoltaic enterprises that have reached module distribution cooperation with the company include Longi Green Energy Technology Co.Ltd(601012) , Ja Solar Technology Co.Ltd(002459) , GCL, Chint, Trina Solar Co.Ltd(688599) , etc.
One of the core reasons why the German government strongly supports new energy may be to reduce its dependence on Russian natural gas.
Since last autumn and winter, affected by the epidemic situation, climate, the situation in Russia and Ukraine and other factors, Europe has experienced an energy crisis, a shortage of natural gas and a sharp rise in gas prices.
In February this year, the conflict between Russia and Ukraine intensified, and the approval of “Beixi No. 2” natural gas pipeline connecting Russia and Germany was suspended, which has been in a state of shock at the political level.
A photovoltaic analyst told interface news that in Europe, which lacks energy, relevant countries will accelerate their embrace of new energy.
At the end of 2020, the leaders of 27 EU Member States reached a consensus on the latest emission reduction plan at the EU summit. By 2030, the EU’s greenhouse gas emissions will be reduced by at least 55% compared with 1990, after the EU set a reduction target of 40%. The EU 2030 climate target plan believes that reducing fossil energy consumption will be the core of emission reduction.
In 2011, Germany proposed to close all nuclear power plants in 2022; In 2018, Germany proposed to completely eliminate coal by 2038 and abandon the use of natural gas by 2050.
According to eupd research, photovoltaic power generation will become the best solution for power supply in Germany in the next few years. By 2040, the installed photovoltaic power generation capacity in Germany must be increased to more than 250 GW to replace the declining coal and nuclear power plants.
According to the statistics of Jibang consulting, the newly added photovoltaic installed capacity in Germany reached 5.26 GW in 2021, with a year-on-year increase of about 8%. By the end of 2021, the cumulative Cecep Solar Energy Co.Ltd(000591) installed capacity of the country had reached 66.5gw.
According to the data released by Bloomberg New Energy Finance recently, the world will add 228gw of photovoltaic installed capacity in 2022; This figure will increase to 334 GW in 2030.
