May 21, Science and Technology Innovation Board Daily Today, Li Chao, spokesman of the National Development and Reform Commission, said at the press conference that the next step, the National Development and Reform Commission, together with relevant parties, will strive for practical results and continue to do a good job in energy conservation and carbon reduction. We will implement special actions for energy conservation and carbon reduction in different fields and industries. At present, there is huge potential for energy conservation and carbon reduction renovation and upgrading in relevant fields in China. For example, more than 60% of the stored boilers, motors, transformers and other equipment have lower energy efficiency than the advanced level More than 1/3 of the existing buildings do not meet the energy-saving building standards. We should transform key areas into energy-saving and carbon reducing ones, In combination with large-scale equipment renewal and consumer goods trade in, we will solidly carry out energy efficiency diagnosis for key energy consuming units, deeply tap the energy saving potential of industries, buildings, transportation and public institutions, and accelerate energy saving and carbon reduction transformation and energy using equipment renewal 。 We will improve the long-term mechanism for energy conservation and carbon reduction management. We will improve the energy conservation review system for fixed asset investment projects, and strengthen the supervision of energy conservation review both in and after the event. At the same time, we will accelerate the formulation and revision of a number of energy conservation standards, and strengthen energy conservation supervision in accordance with laws and regulations.
Prior to this, the National Development and Reform Commission has issued the Special Management Measures for Investment in the Central Budget of Energy Conservation and Carbon Reduction and the Special Management Measures for Investment in the Central Budget of Pollution Control on April 8. The former mainly supports the following: carbon peak carbon neutralization advanced technology demonstration and application projects; Energy conservation and carbon reduction projects in key industries and fields; Circular economy helps carbon reduction projects. The latter focuses on the classification of urban domestic waste and infrastructure construction for incineration, cleaner production transformation of key industries, air and water pollution control, etc., and the financial support falls into specific projects.
The Ministry of Industry and Information Technology subsequently released the Implementation Plan for Promoting the Updating of Industrial Equipment on April 9, which mentioned that "focusing on the improvement of energy efficiency, we should promote the upgrading of boilers, motors, transformers, refrigeration and heating air compressors, heat exchangers, pumps and other key energy consuming equipment in industries and other fields, and promote the application of energy-saving equipment of energy efficiency level II and above". Cinda Securities pointed out in its research report on April 16 that, Energy saving motors, energy saving transformers, waste heat boilers and other fields are expected to meet rising demand 。
It is worth noting that today the spokesman of the National Development and Reform Commission mentioned that, More than 60% of the stored boilers, motors, transformers and other equipment have lower energy efficiency than the advanced level 。
Among them, in terms of energy-saving motors, in the context of reducing energy consumption, the promotion of high-efficiency energy-saving motors has become the consensus of the development of the global motor industry. The Action Plan for Industrial Energy Efficiency Improvement mentioned above proposes to promote efficient remanufacturing of motors, It is planned to add more than 70% of high-efficiency energy-saving motors in 2025 。 China is the world's largest motor producer and consumer, with a sound industrial chain. The upstream of the energy-saving motor industry chain is the supplier of raw materials such as electrolytic copper (electromagnetic wire), silicon steel, carbon bonded steel and insulation materials, and the supplier of accessories such as bearings, commutators and coolers, while the downstream is the channel seller, supporting manufacturers and final customers.
In terms of transformers, Zhongyuan Securities reported on May 13 that, The development focus of the transformer industry is to encourage the power transformer manufacturing enterprises to carry out key process improvement such as amorphous alloy strip, silicon steel sheet, insulation materials, and continue to improve the production quality and supply level of efficient and energy-saving power transformers 。 The upstream industries of the transformer industry chain are mainly silicon steel, copper, steel, components, insulation materials and other auxiliary materials, while the downstream industries are mainly used in emerging fields such as power grid, new energy power generation, rail transit and data center. Amorphous alloy transformer has ideal energy-saving effect and wide penetration space 。
Securities traders believe that in the short and medium term, energy conservation and carbon reduction are the most effective and economic means to achieve carbon neutrality, In the short term, it mainly depends on reducing emissions, taking the source end fossil energy substitution and energy saving and efficiency improvement of the end use energy sector as the main direction 。 According to the Opinions on Completely, Accurately and Comprehensively Implementing the New Development Concept to Achieve Carbon Peak and Carbon Neutralization, by 2025, China's energy consumption per unit GDP will be 13.5% lower than that in 2020. However, in 2023, China's energy consumption per unit of GDP will increase by 0.5% year on year, 1.6% lower than that in 2020, which is far from the goal of the 14th Five Year Plan. Under the 14th Five Year Plan, the pace of energy conservation and emission reduction in China is expected to accelerate.
When it comes to specific companies, Cinda Securities proposes to focus on: Yunlu Shares engaged in energy-saving transformer business, Ruichen Environmental Protection, high-efficiency energy-saving motor manufacturers Wolong Electric Drive, Jiadian Shares engaged in energy-saving fan business, and Huaguang Huaneng and Xizi Jieneng with waste heat boiler business.
