Electricity market towards cleanliness

Recently, the latest report released by Bloomberg New Energy Finance shows that the installed capacity of solar photovoltaic power generation in China will increase from 0.5% to 13% of the total installed capacity in 2030. If solar thermal power generation is included, the proportion can reach 14%. In addition, the hydropower will be replaced by In 2012, 20% of the total installed capacity (excluding pumped storage capacity) dropped to 13%, while wind power will increase from 5% in 2012 to 13.5%. So in terms of installed capacity, solar power generation will be weak in 2030. Leading, becoming China's leader in renewable energy power generation.

As we all know, solar power generation, especially photovoltaic power generation, has always been the focus of public opinion, and it is also a good policy in the near future. Bloomberg New Energy Finance believes that the decline in the cost of photovoltaic power generation is the main reason for its rapid development. First of all, the cost of photovoltaic technology is more obvious than that of wind power. From the perspective of development, wind power technology has been industrialized, which means that the space for cost reduction is much smaller than that of relatively new photovoltaic and solar thermal technologies. Secondly, Chung Chun, the manager of the China Regional Manager and Research Department of Bloomberg New Energy Finance, told reporters that "with the large-scale application of large-scale photovoltaic power plants, the cost will also be reduced."

In addition to the declining cost, the development of distributed photovoltaic power generation as an important means for photovoltaic power generation to open the domestic market will also usher in large-scale development. Currently, Beijing, Shanghai, Tianjin and other places have already been successfully connected to the grid. Distributed photovoltaic power station. Bloomberg New Energy Financial Market Analyst Cao Xiaolei told the reporter that distributed photovoltaics could realize economic returns in 2019 at the earliest, that is, the cost of electricity generation would fall below the commercial electricity price, which would greatly stimulate the investment in distributed photovoltaics.

In the face of increasingly intense energy supply, vigorously developing renewable energy sources and reducing dependence on primary energy sources are crucial to China’s energy security. Bloomberg New Energy Finance predicts that renewable energy sources including hydropower will be available from now to 2030. This accounted for more than half of all newly installed capacity. “China has already started to change its route to a cleaner future,” said Yingjun. “The dominance of coal-fired power generation will also be gradually weakened.” The report pointed out that the share of installed coal-fired power generation will decrease from 67% in 2012 to 44% in 2030, and the proportion of coal-fired power generation will decrease from 72% to 58%.

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