Zhongrong Strategy: Opportunities and challenges coexist in international cooperation

Mondo International Updated on 2024-01-29

At present, the global energy transformation to green and low-carbon is accelerating, and there are major opportunities for China's leading new energy industry in this process. Zhongrong Strategy said: "New energy has put China at the forefront of the industrial revolution for the first time, and the energy revolution is a major opportunity for the Chinese nation. ”

However, while there are opportunities, international cooperation is also full of challenges. Zhongrong Strategy points out that green transformation leads global investment, but at the same time increases ** and investment barriers. Under the general trend of energy transition, the economic structure of various countries is being reshaped, and the first chain around green energy, including upstream strategic materials and downstream equipment manufacturing, is the focus of industrial policies of many countries.

Industrial policies in developed countries are generally related to the green energy transition, such as the Inflation Reduction Act in the United States and the Green New Deal in the European Union, which are promoting energy security and industrial reshoring. "Zhongrong's strategy is that many countries hope to build their own global ** chain and increase foreign investment in strategic material countries, such as Australia, Canada, Indonesia, South America's "lithium triangle" (Chile, Argentina and Bolivia) and some African countries;Some emerging markets use their resource endowments to formulate first-class protection policies to attract downstream investment.

However, for our country, the impact of the first barrier may be very limited. At present, China's emerging industries are actively looking for ways to avoid barriers, photovoltaic, new energy vehicle production capacity "to the sea" is an important path, among them, Southeast Asia has become a potential destination because of its huge market and manufacturing advantages.

China's advantages in the new energy equipment and automobile production industry chain will be difficult to be replaced in the future, even in emerging fields such as green hydrogen, China's proportion of global electrolyte shipments has been as high as 40% to 80%. "Zhongrong Strategy believes that in the medium and long-term ** and investment restrictions will gradually increase in the background, the general trend of Chinese enterprises going out will only become stronger and stronger.

The power system ushered in the "China plan".

In order to accelerate the energy revolution, it is indispensable to "exert force" with many parties in the industry. Zhongrong strategy points out that energy transition is inseparable from technological progress, cost reduction, policy implementation and improvement, and requires multi-level overall support.

Among them, policy and technology support for the transformation of the power system is an important aspect, and with the rapid development of new energy in China, the construction of a new power system is gradually on the agenda. Zhongrong strategy pointed out that to achieve the "double carbon" goal, energy is the main battlefield, electricity is the main force, China from the "double carbon" goal, put forward clear requirements for the power field, the implementation of renewable energy substitution actions, and the construction of new energy as the main body of the new power system.

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