CMIC: Power shortage continues to highlight new energy investment value

The latest release of CMIC (China Market Intelligence Center): According to the latest news released by China Southern Power Grid, China's electricity consumption in the five provinces in the third quarter of the country will experience a shortage of power supply. The largest gap will reach 12 million kilowatts. Electricity will exceed 8%, and power shortages in individual areas will exceed 20%. The phenomenon of power shortage has been intensifying since March this year.

The power shortage has caused pressure on some private economies, which are already very fragile, to multiply. The phenomenon of suspension of business and closure has been serious. For a time, energy has become a decisive link in limiting regional economic development. Although the country has also accelerated the speed of approval of thermal power in order to ease the pressure on power supply, traditional thermal power generation is limited by resources, environmental protection and other conditions, and the space for development is quite limited. Under such circumstances, new energy development has undoubtedly become the best way to solve energy problems.

The national strategic development of new energy has several focuses, including nuclear energy, wind energy, solar energy, and biomass energy. With limited traditional energy sources and uncertain future of nuclear energy, the development and utilization of other forms of new energy will become the focus of new energy development.

Wind power and solar energy are also familiar forms of energy. The long history of wind energy utilization is a widely distributed, clean and abundant energy source. However, the development of wind energy is limited by geographical restrictions, and has the disadvantages of intermittent, low conversion rate, and immature technology. Insufficient investment in R&D leads to backward technology, overcapacity of equipment, and difficulties in grid integration, all of which have become problems in the development of wind power. Compared to wind energy, the sun releases 1.3 x 1021 kcal/year of energy throughout the year, of which 30% is reflected, 23% is absorbed by the atmosphere, and 47% is absorbed by the earth. This is equivalent to the total mineral energy of 12.5 earths. . Not only that, solar energy also has a good industrial base that other emerging energy sources do not have. As we all know, there are two most common types of solar energy use: photoelectric conversion and light-to-heat conversion. Photoelectric conversion is divided into photovoltaic power generation and solar thermal power generation. The "Twelfth Five-Year Plan" proposes that the total installed capacity of solar energy will increase 10 times in the next five years to 10 million kilowatts. Photovoltaic solar energy industry has also received corresponding policy support to form a certain industrial cluster.

As the energy crisis has intensified and the national pressure for energy conservation and emission reduction has gradually increased, in recent years, the government has successively introduced various measures to promote the development and utilization of new energy. Especially in the field of solar energy, the realization of large-scale promotion of solar energy-saving and emission-reduction technologies needs the most powerful thrust of the government.

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