"14th Five-Year Plan" new energy industry development has a long way to go

In the future, as the problem of subsidy funding gap is gradually solved, the operating conditions of renewable energy power generation enterprises will be improved, the cash flow pressure will be alleviated, the long-term investment ability of enterprises will be enhanced, and the development of the industry will form a virtuous circle.

In May 2022, The General Office of the State Council forwarded the Implementation Plan of the National Development and Reform Commission and the National Energy Administration on Promoting the High-quality Development of New Energy in the New Era, focusing on the difficulties and blocking points of the development of new energy. Improve policy measures in seven aspects: innovating development and utilization models, building new power systems, deepening the reform of "discharge and management services", supporting and guiding the healthy development of industries, ensuring reasonable space demand, giving full play to the benefits of ecological and environmental protection, and improving fiscal and financial policies. Put forward fiscal and financial measures to support the development of new energy.

Distributed photovoltaic development prospects are broad, but still need to solve the phased problems

During the "14th Five-Year Plan" period, the "whole county promotion" and "big base" will largely determine the scale and competitive pattern of photovoltaic development, and countless enterprises will compete fiercely around these two key words. Under the background of "dual carbon", photovoltaic development prospects are broad.

On June 29, 2022, the "Action Plan for Industrial Energy Efficiency Improvement" jointly issued by the Ministry of Industry and Information Technology and other six departments proposed to support qualified industrial enterprises and industrial parks to build industrial green microgrids, accelerate the development and operation of integrated systems such as distributed photovoltaic, distributed wind power, efficient heat pump, waste heat and pressure utilization, and smart energy management and control, and promote the efficient and complementary use of multi-energy. Encourage the purchase of green electricity through the electricity market, and use renewable energy at a large scale and in a high proportion nearby. Promote the innovation and upgrading of smart photovoltaic and the application of industry characteristics, innovate the "photovoltaic +" model, and promote the diversified layout of photovoltaic power generation. In order to accelerate the development of rooftop distributed PV, the National Energy Administration issued the Notice on submitting the Pilot Program for the development of rooftop distributed PV in the whole county (city, district) in June 2021. On September 14 of the same year, the National Energy Administration officially issued the "Notice on the announcement of the whole county (city, district) roof distributed photovoltaic development pilot List", there are 676 whole counties (city, district) in the country, which is listed as the roof distributed photovoltaic development pilot. At present, Zhejiang, Jiangsu, Hainan, Shandong, Hebei, Jiangxi and other places have officially issued the entire county (city, district) roof distributed photovoltaic policies.

According to the "2022 China Distributed Photovoltaic Industry Development White Paper" released in November 2022, under the guidance of the "dual carbon" goal, China's distributed photovoltaic market will develop more strongly in 2022. From January to September 2022, China's new installed installed capacity of distributed PV was 35.3 GW, an increase of 115% compared with the same period in 2021. From the perspective of the development model, the "whole county promotion" has a far-reaching impact on the domestic distributed photovoltaic market in 2022, prompting more enterprises and funds to enter the field of distributed photovoltaic. From the perspective of market players, more and more central enterprises and state-owned enterprises have established energy investment companies, using existing resources and capital advantages to enter the national distributed photovoltaic market.

However, the whole county to promote the overall outbreak of distributed, not only bright prospects, in the industry to vigorously promote the development of distributed photovoltaic into the fast lane at the same time, the industry is still facing many difficulties, challenges and even hidden dangers. How to balance the game between the government and the market economy is still a problem, and the balance of the rights and interests of the government, users, investors, installers, equipment manufacturers, operation and maintenance providers, financing providers and millions of practitioners is still the biggest difficulty in policy implementation. To this end, the National Energy Administration put forward five principles: voluntary no coercion, pilot no approval, in place no offside, competition no monopoly, work no suspension. With the implementation of relevant policies and regulatory measures, distributed photovoltaic is expected to crack the phased problems and enter a new stage of high-quality development.