SASAC issued a document to promote the carbon peak of central enterprises. In order to thoroughly implement the decision and deployment of the CPC Central Committee and the State Council on carbon peaking and carbon neutralization and guide central enterprises to do a good job in carbon peaking and carbon neutralization, SASAC recently issued the guiding opinions on promoting the high-quality development of central enterprises and doing a good job in carbon peaking and carbon neutralization (hereinafter referred to as the opinions).
Promote the transformation and upgrading of traditional industries, improve the level of electrification and promote green power consumption. The opinions pointed out that we should promote the transformation and upgrading of traditional industries, build a green manufacturing system in an all-round way, accelerate the innovation and digital transformation of low-carbon processes in coal power, iron and steel, non-ferrous metals, building materials, petrochemical and chemical industries, improve the level of industrial electrification, promote green power consumption and improve the utilization efficiency of energy and resources; At the same time, build a green and low-carbon comprehensive transportation system, promote electrification and intelligence in the transportation field, and promote energy-saving and new energy transportation tools and supporting facilities and equipment.
Accelerate the development of non fossil energy. The opinions proposes to optimize the development layout of non fossil energy and continuously increase the proportion of non fossil energy business. Comprehensively promote the large-scale and high-quality development of wind power and Cecep Solar Energy Co.Ltd(000591) power generation. Adhere to both centralized and distributed development, and give priority to the development and utilization of wind energy and Cecep Solar Energy Co.Ltd(000591) locally and nearby. Develop hydropower according to local conditions and actively, safely and orderly develop nuclear power. At the same time, the opinions put forward in the development goals that by 2025, the construction of new power systems of central enterprises will be accelerated, the R & D, promotion and application of green and low-carbon technologies will make positive progress, and the installed proportion of renewable energy power generation will reach more than 50%.
Accelerate the construction of a new power system with new energy as the main body. The opinions stressed that efforts should be made to improve the power supply guarantee capacity, improve the power grid’s ability to absorb and regulate a high proportion of renewable energy, and ensure the safe and stable operation of large power grids. Strengthen the collaborative interaction between source network load and storage, and strive to improve the flexible regulation ability of power system. Accelerate the implementation of coal power flexibility transformation, and promote self owned power plants to participate in power system regulation. Strengthen the demand side response of power consumption, and promote central enterprises to actively participate in the pilot and implementation of virtual power plants. Accelerate the construction of pumped storage power stations with eco-friendly, mature conditions and superior indicators. Promote the R & D and large-scale application of new energy storage technologies with high safety, low cost, high reliability and long life. Improve the application architecture, standards and specifications of source network load storage interaction technology.
The release of the guidance on carbon peak work of central enterprises not only defines the development objectives of central enterprises in the field of new energy, but also reflects China’s determination to develop clean energy and build a new power system, which is conducive to the growth of power demand, the construction and consumption of new energy. We maintain the “optimistic” investment rating of the industry and recommend Huaneng Lancang River Hydropower Inc(600025) , Sichuan Chuantou Energy Co.Ltd(600674) , China Yangtze Power Co.Ltd(600900) , Huaneng Power International Inc(600011) electric power, Datang new energy and other companies.
Risk tip: the implementation of carbon neutralization policy is not as expected; The reform of power market is not as expected; The consumption of new energy is less than expected;
