Main points:
Event overview
On May 16, Qiushi magazine published an important article by General Secretary Xi, “correctly understanding and grasping the major theoretical and practical issues of China’s development”. It is pointed out that we should correctly understand and grasp the peak carbon neutralization. Further promote the energy revolution and accelerate the construction of an energy power.
Double carbon top-level design continues to be promoted, and the importance of digital construction is highlighted
At the national level, on March 9, 10 departments including the national development and Reform Commission and the National Energy Administration jointly issued the guidance on further promoting power substitution, proposing to promote “power substitution + digitization” and make full use of advanced technologies such as cloud computing and big data. The 14th five year plan for modern energy system issued by the national development and Reform Commission and the National Energy Administration on March 22 and the guidance on energy work in 2022 issued by the National Energy Administration on March 29 once again emphasize the digital and intelligent upgrading of the energy industry. On April 2, the national energy administration and the Ministry of science and Technology issued the “14th five year plan” for scientific and technological innovation in the energy field, which once again pointed out the need to promote the deep integration of traditional industries such as power grid with digital and intelligent technologies. At the local level, up to now, 10 provinces such as Zhejiang and Sichuan have announced local carbon peak action plans. This “Qiushi” article proposed that “correctly understand and grasp the carbon peak and carbon neutralization”. On the one hand, it is necessary to eliminate “power cut-off”; On the other hand, the dual carbon goal should be unswerving. We believe that the digital means in the energy system has gradually become an important part of realizing double carbon. Under the background of eliminating “one size fits all”, the advantages of digital peak shaving and valley filling, efficient operation and smooth transition are prominent, and the construction of digital systems such as power prediction, energy management system, virtual power plant and data platform is becoming more and more critical.
The pace of new energy construction has been accelerated, and the power infrastructure urgently needs iterative upgrading of informatization
Overall, the energy situation of 2022q1 released by the National Energy Administration shows that in Q1, China’s renewable energy installed capacity increased by 25.41 million KW, accounting for 80% of the country’s new power generation installed capacity, an increase of 98% year-on-year. At the same time, according to the incomplete data statistics of CESA, 32 energy storage projects have been put into operation and connected to the grid in China from January to April 2022. In terms of power grid, the investment in 2022q1 power grid was 62.1 billion yuan, a year-on-year increase of 15%.
For the first digital project equipment bidding of State Grid in 2022, a total of 14 sets of power grid dispatching control systems, 28 sets of management systems, 20 sets of planning systems and 4 sets of cloud platforms were invited for bidding. In the first batch of digital platform construction public bidding projects of China Southern Power Grid in 2022, there is a strong demand for digital platforms such as power grid management platform and Internet of things platform. We believe that with the acceleration of the process of new energy grid connection, the information construction of power system will follow one after another.
In the short term, following the pace of new energy and UHV construction, the information demand on the main network side is the most urgent; In the long run, as the hub of energy and users, the distribution side is more sophisticated and complex than the main network, and there is more room for development. About 30% of the overall intelligent investment will be used in the distribution side.
Power informatization opens up new growth space, and energy it related enterprises are expected to fully benefit
Under the catalysis of double carbon policy, energy it has strong competitiveness β Attribute, power informatization welcomes the golden development period. Suggestions: 1) platform listed enterprises with state-owned assets background; 2) It is a market-oriented enterprise with channels and technical barriers. Specifically, Nari Technology Co.Ltd(600406) : the leader of the power industry chain, covering multiple links of the whole industry chain Longshine Technology Group Co.Ltd(300682) : Digital as the core, BC end dual wheel drive; China Southern Network Technology: a comprehensive solution provider of “technical service + intelligent equipment” Zhiyang Innovation Technology Co.Ltd(688191) : use AI to help power enterprises with digital transformation Ygsoft Inc(002063) : leading management software of power group, cooperating with the development of power grid digital planning Dongfang Electronics Co.Ltd(000682) : layout of the whole industrial chain of smart grid and leader in power informatization and energy management
Suggested concern
Multi link layout: Nari Technology Co.Ltd(600406) , southern network technology, Dongfang Electronics Co.Ltd(000682) , Shijiazhuang Kelin Electric Co.Ltd(603050) .
Power generation side: Guoneng Rixin, Anhui Ronds Science & Technology Incorporated Company(688768) , State Grid Information&Communication Co.Ltd(600131) , Jinxiandai Information Industry Co.Ltd(300830) .
Grid side: Zhiyang Innovation Technology Co.Ltd(688191) , Beijing Forever Technology Co.Ltd(300365) , Guodian Nanjing Automation Co.Ltd(600268) , Wuhan Zhongyuan Huadian Science And Technology Co.Ltd(300018) , Hnac Technology Co.Ltd(300490) . Sales / consumption side: Longshine Technology Group Co.Ltd(300682) , Ygsoft Inc(002063) , Beijing E-Techstar Co.Ltd(300513) .
Risk tips
1) the epidemic situation intensifies and reduces the expenditure of enterprise informatization; 2) Fiscal and monetary policies are lower than expected; 3) The fluctuation of supply chain increases, which affects the development of science and technology industry.
