Events
On May 16, 2022, the Shanghai Composite Index closed at 307375 points, down 0.34%; The Shenzhen composite index closed at 1190337 points, down 0.60%; The power sector index closed at 290763 points, down 0.67%. Among them, the top three companies in the photovoltaic power generation sector are: ST Colin ( Kelin Environmental Protection Equipment Inc(002499) .sz, 5.02%), Shenzhen Sunrise New Energy Co.Ltd(002256) ( Shenzhen Sunrise New Energy Co.Ltd(002256) .sz, 1.17%), Beijing Xiaocheng Technology Stock Co.Ltd(300139) ( Beijing Xiaocheng Technology Stock Co.Ltd(300139) .sz, 0.25%); The companies with the top three increases in thermal power generation board are: Jiangxi Ganneng Co.Ltd(000899) ( Jiangxi Ganneng Co.Ltd(000899) . SZ, 2.21%), Datang International Power Generation Co.Ltd(601991) ( Datang International Power Generation Co.Ltd(601991) . Sh, 2.11%), Gd Power Development Co.Ltd(600795) ( Gd Power Development Co.Ltd(600795) . Sh, 1.57%).
Comments
The Shanghai Municipal People’s government has issued the “14th five year plan” for energy development in Shanghai, paying equal attention to the rapid development of low-carbon energy and the utilization of high-carbon energy and low-carbon, and continuously promoting the optimization of energy structure. The plan proposes that by 2025, the total coal consumption will decrease by about 5%, and the proportion in primary energy consumption will decrease to less than 30%; Natural gas accounts for about 17% of primary energy consumption; The proportion of renewable energy and non fossil energy will reach about 36% of the total social electricity consumption, and strive to account for about 8% of the total social electricity consumption respectively. In recent years, with the continuous progress of technology, wind power, photovoltaic and other renewable energy have gradually realized parity on the Internet, and the reform of the power system will also accelerate the energy transformation. With the change of concept, China’s demand for clean energy will increase significantly in the future. While vigorously promoting energy transformation, energy security has been paid more and more attention. It is suggested to pay attention to the investment opportunities of smart grid, energy storage and other supporting facilities.
Industry dynamics
1. The people’s Government of Yunhe County, Lishui City, Zhejiang Province and Zhejiang Electric Power Industry Corporation signed a cooperation framework agreement for Jinshuitan hybrid pumped storage power station project. Jinshuitan hybrid pumped storage power station project has a planned installed capacity of about 297000 kW. The project uses Jinshuitan reservoir and Shitang reservoir as upper and lower reservoirs to build a hybrid pumped storage power station. (Polaris power grid)
2. Jilin Provincial Energy Bureau issued the work plan for promoting the construction progress and investment progress of key energy projects. The plan proposes to urge relevant units to organize the detailed investigation of wind energy and Cecep Solar Energy Co.Ltd(000591) resources of the new energy Rural Revitalization Project, and complete the preliminary design plan as soon as possible. Speed up the handling of various approval procedures for the project, and promote the preliminary work of power grid construction projects and newly issued 9.2 million KW new energy projects as soon as possible. (Polaris power grid)
Company dynamics
Cecep Wind-Power Corporation(601016) ( Cecep Wind-Power Corporation(601016) ): the company plans to acquire 100% equity of Julu tenghuang New Energy Technology Co., Ltd. by paying cash and undertaking debt, and the equity acquisition price is 5.7 yuan. After the completion of this acquisition, the company will obtain 100% equity of tenghuang company and the assets, operation, income and disposal rights of Julu tenghuang 50MW wind power project. （ iFinD）
Risk warning: the epidemic situation fluctuates more than expected, and the price of raw materials fluctuates
