On March 29, the National Energy Administration issued the guidance on energy work in 2022, which mentioned that we should vigorously develop wind power and photovoltaic. Increase efforts to plan and build a new energy supply and consumption system based on large-scale scenery base, supported by clean, efficient, advanced and energy-saving coal power around it, and supported by stable, safe and reliable UHV power transmission and transformation lines. Optimize the layout of offshore wind power, carry out far-reaching demonstration of offshore wind power construction, and steadily promote the construction of offshore wind power bases. Actively promote the construction of water scenery complementary base. Continue to implement the development and construction of roof distributed photovoltaic in the whole county, and strengthen the supervision of the implementation.
In order to ensure the utilization rate of new energy power generation, the construction of supporting energy storage is particularly important. Since this year, more than 20 provinces have defined the allocation and storage proportion of new energy. For example, the policy of Tianjin indicates that the allocation proportion of photovoltaic power generation projects promises to be no less than 10% of the installed capacity of the project and no less than 15% of wind power projects. According to Citic Securities Company Limited(600030) prediction, from 2021 to 2025, the global energy storage market is expected to release 20.1gw, 32.7gw, 52.5gw, 65.3gw and 93.2gw energy storage construction demand respectively with the pace of energy transformation and downstream power demand construction. The huge market demand provides a broad space for the development of new energy storage.
According to the theme database of financial Associated Press, among the relevant listed companies:
Jiangsu Linyang Energy Co.Ltd(601222) energy storage business started early, energy storage and other businesses cooperated, the energy storage industry layout was complete, and the strength of partners was strong. The company won the bid for the integration project of scenery and storage in Wuhe County, marking important progress in the layout of “new energy + energy storage + intelligence” of the company.
Yunnan Wenshan Electric Power Co.Ltd(600995) intends to replace the equivalent part of 100% equity of peak shaving and frequency modulation power generation Co., Ltd. held by China Southern Power Grid in the form of major asset replacement, share issuance, purchase and raising supporting funds. The company’s business is transformed into pumped storage, peak shaving hydropower and independent side energy storage business of power grid.
