In 2023, the investment in new energy will increase by more than 34%, and new energy storage will develop rapidly
The new development of the energy sector has become an economic growth momentum (Rui Finance).
Reporter Qiu Haifeng.
The National Energy Administration recently held a press conference to introduce the development of new energy storage in China and the investment in key projects in the energy field in 2023. According to the data released at the meeting, energy investment will maintain rapid growth in 2023, of which the investment in new energy will increase by more than 34% year-on-year; New energy storage has developed rapidly, with an additional installed capacity of about 22.6 million kilowatts and 48.7 million kilowatt hours; The amount of electricity traded in the national electricity market is 57 trillion kWh, a year-on-year increase of 79%……New developments in the energy sector continue to add vitality and momentum to the economy.
The growth rate of national energy investment remained at a high level.
What is the status of investment in key projects in China's energy sector in 2023?
In 2023, the energy industry will coordinate the promotion of energy security and green and low-carbon transformation, effectively play the role of energy investment as a driving force, continue to release the investment potential of coal, power, and oil and gas infrastructure, and accelerate the formation of physical workload for new energy and new business projects. According to monitoring, the investment in key energy projects under construction and planned to start construction in the country is about 28 trillion yuan, a year-on-year growth rate 1 higher than the same period last year6 percentage points.
Looking at new energy investment, the investment in solar power generation exceeded 670 billion yuan, and the investment in centralized photovoltaic in three provinces (regions) including Yunnan, Hebei and Xinjiang increased by more than 100% year-on-year. The investment in wind power has exceeded 380 billion yuan, and the investment in onshore wind power in three provinces (regions) of Liaoning, Gansu and Xinjiang has been accelerated, and the investment in new large-scale offshore wind power projects in Guangdong and Shandong provinces has been released in a concentrated manner.
Looking at the investment in supporting regulated power supply, the investment in supporting regulated power supply increased by more than 12% year-on-year. The nuclear power projects under construction were fully promoted, and the physical workload of newly approved projects was accelerated during the year. Investment in large-scale hydropower projects continues to recover.
Looking at the investment in new energy formats, the investment in comprehensive energy has grown rapidly, and a number of source-grid-load-storage integration and multi-energy complementary projects in Northwest China have been accelerated. The investment in electrochemical energy storage in six provinces (autonomous regions and municipalities) of Xinjiang, Gansu, Hunan, Shandong, Chongqing and Guangdong has grown rapidly. A number of green electricity hydrogen production projects in Inner Mongolia and Xinjiang are progressing in an orderly manner.
Zhang Xing, spokesman of the National Energy Administration, said at the press conference that in 2023, the National Energy Administration will actively promote the construction of key national energy projects, and on the whole, the growth rate of national energy investment will remain at a high level.
New energy storage multi-application scenarios play a role.
According to Bian Guangqi, deputy director of the Department of Energy Conservation and Science and Technology Equipment of the National Energy Administration, by the end of 2023, the cumulative installed capacity of new energy storage projects that have been completed and put into operation across the country will reach 31.39 million kilowatts and 66.87 million kilowatt hours, with an average energy storage duration of 21 hour. From the perspective of investment scale, since the "14th Five-Year Plan", the new new energy storage capacity has directly promoted economic investment of more than 100 billion yuan, driven the further expansion of the upstream and downstream of the industrial chain, and become a "new driving force" for China's economic development.
Bian Guangqi said that from a technical point of view, new energy storage technologies are emerging, lithium-ion battery energy storage is still absolutely dominant, and compressed air energy storage, flow battery energy storage, flywheel energy storage and other technologies are developing rapidly. Since 2023, a number of 300 MW compressed air energy storage projects, 100 MW flow battery energy storage projects, and megawatt flywheel energy storage projects have started construction, and new technologies such as gravity energy storage, liquid air energy storage, and carbon dioxide energy storage have been implemented, showing an overall trend of diversified development.
The multi-application scenarios of new energy storage play a role and strongly support the construction of new power systems. As of the end of 2023, the installed capacity of new energy storage will be about 12.36 million kilowatts, mainly distributed in Inner Mongolia, Xinjiang, Gansu and other provinces and regions with rapid development of new energy. The second is to improve the level of safe and stable operation of the system, and the installed capacity of independent energy storage and shared energy storage has reached 15.39 million kilowatts, accounting for an upward trend, mainly distributed in Shandong, Hunan, Ningxia and other provinces and regions with large system regulation needs. The third is to serve users flexibly and efficiently use energy, and the energy storage of industrial and commercial users in Guangdong, Zhejiang and other provinces has developed rapidly.
Promote the construction of a unified national electricity market system。
In 2022, the National Development and Reform Commission and the National Energy Administration issued a document to accelerate the construction of a unified national electricity market system. What is the current state of construction? What's next?
**, Deputy Director General of the Department of Market Regulation of the National Energy Administration, said: "We have actively promoted the construction of a unified national electricity market system and achieved positive results. ”
Market-based trading electricity continues to rise. From January to December 2023, the national electricity market traded 57 trillion kWh, a year-on-year increase of 79%, accounting for 61 percent of the total electricity consumption of the whole society4%, an increase of 06 percentage points. The number of entities registered with trading institutions reached 7080,000, the market vitality is effectively stimulated. The market-oriented reform of electricity has been deepened, and the proportion of market-based electricity traded has increased from less than 17% in 2016 to more than 61% in 2023.
The multi-level electricity market system operates effectively. The medium and long-term trading of electricity has been normalized across the country, with the transaction cycle covering many years to many days, and the proportion of medium and long-term trading electricity in the market-oriented electricity exceeds 90%, giving full play to the role of "ballast stone" and stabilizing the overall market size and trading. The medium- and long-term inter-provincial and inter-regional markets have been running smoothly, and the inter-provincial spot market has adjusted the surplus and shortage, which has played a positive role in the optimal allocation of large-scale power resources and mutual aid and supply.
The electricity market mechanism plays an active role in protecting and promoting the transition. During the critical period of power supply guarantee in summer and winter, the cross-provincial and cross-regional market-oriented trading mechanism has played a positive role in inter-provincial power support and mutual aid and supply. New energy has gradually entered the power market, with 684.5 billion kWh of market-based electricity trading, accounting for 47% of the total power generation of new energy3%。
* It said that in 2024, it will promote the construction of the electricity market as a whole, improve the market system for power auxiliary services, further promote the construction of the provincial electricity market, steadily promote the construction of the regional electricity market, strengthen the supervision of the electricity market, and maintain the market order of fair competition. (People's ** Overseas Edition).