Renewable energy industry faces development opportunities under financial crisis

Renewable energy industry faces development opportunities under financial crisis

Affected by the macro-environment, China's energy supply is temporarily over-abundant, but the new situation also brings development opportunities to the new energy industry. Experts suggest that efforts to alleviate the double crisis of economy and energy by vigorously developing renewable energy sources. This reporter learned from the 2008 China International Conference on Power Supply, which was opened on the 10th.
The 2008 China International Conference on Power Supply was jointly sponsored by the China Society for Electrical Engineering and the International Conference on Power Supply, organized by the Guangzhou Power Supply Bureau. Over 500 Chinese and foreign experts in the field of power supply have jointly discussed the current hot and difficult issues in the power and energy fields in Guangzhou, and studied new challenges such as renewable energy and distributed power supply for planning and development of urban power grids.
Affected by financial crisis and other factors, the growth rate of social power demand shows a downward trend. Statistics from the Guangzhou Power Supply Bureau show that the maximum load of the Guangzhou power grid in 2008 was 9.746 million kilowatts, a year-on-year increase of 5%. In the first ten months, the total power supply in Guangzhou was 43.1 billion kwh, an increase of 5.24% year-on-year.
However, in the long run, the development of electricity must have a more advanced planning than the economy in order to meet the needs of social development. Lu Yanchang, chairman of the China Electrical Engineering Society, said that as of the end of 2007, China’s total installed capacity of power generation exceeded 700 million kilowatts. It is estimated that by 2010, the total installed capacity of power generation will reach 900 million kilowatts, and by 2015 it will reach 1.3 billion kilowatts.
At present, in order to further expand domestic demand and promote economic growth, China’s urban power grid construction is accelerating its development. It is understood that the State Grid will allocate 12 billion yuan in 2008 to invest in the construction of power grids and rural power grids in the central and western cities. In 2008, China Southern Power Grid will ensure the completion of a new 4.05 billion yuan investment in construction projects and plans to initially plan for the next two years each year. About 30 billion yuan of new investment is used for urban network reconstruction and improvement of rural power grids.
Experts believe that in the current socio-economic situation, the renewable energy industry faces an opportunity for development. Shi Lishan, deputy director of the New Energy Division of the National Energy Administration, said that according to current mining and consumption rates, oil, natural gas, and coal can only be exploited for decades, while renewable energy such as water, wind, and solar energy will not be reduced because of use. And there is little or no pollution to the environment. We must seize the opportunity for economic adjustment, vigorously develop renewable energy, and strive to achieve a 10% share of renewable energy consumption in energy consumption by 2010; at the same time, further increase the level of industrialization of renewable energy and actively build electricity that can adapt to the development of renewable energy. system.

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