Analysis of the Development Prospect of Renewable Industry--IMPROVE BATTERY
August 23, 2022

Analysis of the Development Prospect of Renewable Industry

At present, my country's development goals of "carbon peaking" and "carbon neutrality" have been very clear. From the perspective of global new energy forms, photovoltaic power generation is the focus of new energy development. The speed at which traditional energy is replaced by new energy will only get faster and faster.

During the "14th Five-Year Plan" period, it is clearly proposed to: "promote the energy revolution", "build an ecological civilization system, promote the comprehensive green transformation of economic and social development", "accelerate the promotion of green and low-carbon development", "comprehensively improve the efficiency of resource utilization" and other requirements , pointing out the direction for the sustainable and healthy development of the energy industry. my country will continue to improve the development layout of wind power and solar power generation. While continuing to promote the construction of centralized bases, it will fully support the development of distributed wind power and photovoltaics.

1. Background of the rise of renewable industry

The background of the rise of the photovoltaic industry can be analyzed from three aspects. The first is the ecological environment pressure that the global fossil energy oil and coal are getting closer to depletion, the pollution is becoming more and more serious, and the climate is warming. The second is the continuous progress of solar photovoltaic power generation technology and the mature industrialization technology. The third is that Spain, Italy, Japan, the United States, Germany and other countries have issued supportive policies under the strong promotion of the laws and policies of relevant countries in the world. Support and encourage solar power generation and implement the "Sunshine Roof Scheme".

Under the combined influence of these three factors, since the second half of the 1990s, the world's photovoltaic industry has developed into a rapid period. Basically, the most direct expression of the new energy industry becoming a "low-carbon economy" is to develop the solar photovoltaic industry.

1 kWh of solar photovoltaic power generation production can recover 30-50 kWh of electricity in its entire life cycle [there are certain differences in different regions], this production method is a way with a higher rate of return. Under the strong promotion of government policies of various countries, the photovoltaic industry has entered a period of rapid development.

2. What is the development prospect of the renewable industry?

①In the past two years, the state has introduced policies to promote energy conservation and environmental protection. Solar power generation has been applied in many fields. For example, most of the street lights on both sides of the street have applied this principle, covering urban and rural areas. In addition, solar panels are in daily life. The applications are numerous.

②The concept of photovoltaics is actually included in the concept of low-carbon carbon neutrality, which was proposed by the country in the 14th Five-Year Plan and will last for a long time. After the earliest carbon neutral concept was proposed, it was hyped for a period of time. Micro Finance News Morning Viewpoint The Energy Research Institute of the National Development and Reform Commission stated that by 2030, the cumulative installed capacity of wind energy and photovoltaic power generation should reach more than 1.2 billion kilowatts, and non-fossil energy The proportion of primary energy will be increased from 20% to 25%.

③The development of semiconductor technology and the demand for new energy have promoted the rise of the photovoltaic industry. The investment cooperation agreement signed by the national photovoltaic industry involves photovoltaics, and the increase of new projects in related industries has promoted the economic growth of the industry.

④ With the continuous innovation and improvement of photovoltaic power generation technology, the cost of photovoltaic products has gradually decreased, and it is just around the corner to achieve grid parity in most countries and regions in the world. The important direction of energy structure reform in various countries is photovoltaic power generation. It will officially enter the stage of parity Internet access, and the scale of the industry will continue to expand. Under the influence of many favorable factors, the development of my country's photovoltaic industry tends to be stable, and the industrial layout has been further improved.

According to the Medium and Long-Term Development Plan for Renewable Energy, it will reach 600GW (million kilowatts) by 2050. It is estimated that by 2050, the installed capacity of renewable energy in China will account for 25% of the installed capacity of the country, of which the installed capacity of photovoltaic power generation will account for 5%.

In the next ten years, the compound growth rate of China's installed solar capacity will be as high as 25%. It is expected that by 2030, renewable energy will account for more than 30% of the total energy structure, and solar photovoltaic power generation will also account for more than 10% of the world's total electricity supply; by 2040, renewable energy will account for the total More than 50% of energy consumption, solar photovoltaic power generation will account for more than 20% of the total electricity.