Event: on March 29, the National Energy Administration issued the guidance on energy work in 2022. The opinions proposed to steadily promote structural transformation. The proportion of coal consumption decreased steadily, the proportion of non fossil energy in the total energy consumption increased to about 17.3%, the replacement power of new electric energy was about 180 billion kwh, and the power generation of wind power and photovoltaic power accounted for about 12.2% of the power consumption of the whole society.
Promoting the consumption of renewable energy is expected to increase the installed capacity of wind power photovoltaic. The opinions proposed to increase the consumption of new energy and optimize the layout of distributed wind power, photovoltaic and offshore wind power. In 2021, the new installed capacity of wind power and photovoltaic power generation in China reached 101gw, including 47.57gw of wind power and 52.97gw of photovoltaic power. From the perspective of development, the highlights of distributed photovoltaic development are prominent. The annual new installed capacity is about 29.20gw, accounting for about 55% of the new installed capacity of photovoltaic; The first batch of about 100gw large-scale wind power photovoltaic base projects have started about 75gw and will continue to advance steadily, which will benefit the whole photovoltaic industry chain and further release the installed capacity of wind power photovoltaic; In 2021, offshore wind power suddenly rose, with an additional installed capacity of 16.90gw throughout the year, which is 1.8 times the total scale built previously. Offshore wind power benefited from policy support, and its proportion is expected to increase. Among them, high value and high barrier industries, such as submarine cable, pipe pile and tower, have a promising development boom.
Strengthen the research on key technologies and benefit enterprises with hydrogen energy layout. The opinions calls for strengthening the tackling of key problems in energy science and technology and the layout of hydrogen energy industry. China is already the world’s largest hydrogen producer, with a hydrogen production capacity of about 40 million tons / year and an output of about 33 million tons / year. Under the existing technology and scale, the production cost of blue hydrogen is US $1.4-2.9/kg. With the development of hydrogen production technology, its cost has the potential to decline in the future, and there is broad room to improve the scale of hydrogen production from renewable energy. Under the carbon neutralization scenario in 2060, the scale of hydrogen production from renewable energy is expected to reach 100 million tons. Large chemical enterprises represented by Hongda Xingye Co.Ltd(002002) have arranged different links of the industrial chain in advance, which has the first mover advantage, In the medium and long term, the development potential is huge.
Suggested object of concern: suggested object of concern: photovoltaic diamond wire: Henan Hengxing Science & Technology Co.Ltd(002132) ( Henan Hengxing Science & Technology Co.Ltd(002132) . SZ); Offshore wind power submarine cable: Baosheng Science And Technology Innovation Co.Ltd(600973) ( Baosheng Science And Technology Innovation Co.Ltd(600973) . SH), Jiangsu Zhongtian Technology Co.Ltd(600522) ( Jiangsu Zhongtian Technology Co.Ltd(600522) . SH); Complete wind turbine: Xinjiang Goldwind Science And Technology Co.Ltd(002202) ( Xinjiang Goldwind Science And Technology Co.Ltd(002202) . SH); Integration of electric cells in energy storage system: Shenzhen Desay Battery Technology Co.Ltd(000049) ( Shenzhen Desay Battery Technology Co.Ltd(000049) . SZ); Hydrogen energy: Hongda Xingye Co.Ltd(002002) ( Hongda Xingye Co.Ltd(002002) . SZ).
Risk warning: the installed capacity of wind power is less than expected; The PV installed capacity is less than expected; Industry competition intensifies.
