Wind power investment steering: 80% of companies or out

On May 9th, the National Energy Administration issued the “Notice on Requirements for the Construction of Jiuquan Wind Power Base”, and assigned Jiuquan City Energy Bureau to the company in the second phase of construction of the Jiuquan Wind Power Base. The behavior proposed severe criticism, while emphasizing that "projects that have not been approved by the state must not start construction." This is already the second notification issued by the National Energy Administration for Jiuquan wind power construction for more than one month.

In March this year, as the largest province of wind power resources in China, the Inner Mongolia Autonomous Region Development and Reform Commission also issued the “Advice on Promoting Integration and Restructuring of Wind Power Enterprises in Our District to Reduce the Main Body Guidance Opinions”, requiring “through mergers and reorganizations to enable wind power enterprises in the region to control In 25 or less."

At the other end of the storm, the National Energy Administration’s five organizations including the China Electric Power Enterprise Association have formulated the “Framework for Wind Power Standards (Discussion Draft)”, and the Ministry of Industry and Information Technology has jointly organized research and drafting with the National Development and Reform Commission and the National Energy Administration. The "Entry Standard for Wind Power Equipment Manufacturing Industry" has also entered the consultation stage.

With the advent of rain, the Chinese wind power industry, which has advanced in the dispute, has not yet emerged from the quagmire of overcapacity and grid-connected difficulties, and it will once again find itself in an increasingly severe frenzy of rectification.

Steering: Several "Gold" Whole Winds

“The rapid development of the domestic wind power industry has exposed many problems in the construction and operation of wind power, and the Jiuquan accident is only a microcosm.”

In the past five years, China's wind power industry has created one miracle after another: Sinovel has grown from a machinery and equipment company to the champion of domestic wind power installed capacity, and Union Power has maintained a strong growth rate of over 3738% for three years after its establishment. momentum.

This is just a microcosm of China's wind power industry blowout.

According to information obtained by the reporter from the National Energy Administration, during the “Eleventh Five-Year Plan” period, wind power installed capacity doubled in five consecutive years. In 2010, China’s cumulative installed wind power capacity was as high as 44,733.29 MW, which surpassed that of the United States and became the world’s largest installed wind power generator. According to the “Eleventh Five-Year Plan for Renewable Energy,” the national wind power development target is only 10 million kilowatts.

The goal of the national policy cannot catch up with the current speed of wind power installations. The construction of the power grid that matches the planning is unable to absorb the rapid development of wind power installations, and the quality of the wind power equipment that has thus emerged is becoming increasingly prominent.

On February 24, the three-phase short-circuit fault of the 35 kV cable feeder cable head of the Northwest Wind Power Network Jiuquan Jiuquan Wind Power Base in Gansu Province led to the loss of 598 typhoon wind turbines with a loss of 840,000 kilowatts. The accident was also a recent one. One of the biggest accidents that occurred in China's wind power generation to the grid.

Even so, the impulse of local governments to build wind power has not diminished.

On March 19, the Jiuquan Energy Bureau issued the "Notice on Issues Related to the Phase II Construction of Jiuquan Wind Power Base", and issued related "2011 Construction Tasks", "Progress Requirements", and "specific models for wind power". "We made arrangements and even stated that: "For companies that cannot fulfill their development tasks, the development of the remaining indicators will be suspended."

In addition, the "Notice" also pointed out that "Jiuquan Wind Power Equipment Manufacturing Industrial Park is a national high-tech industrialization base for wind power equipment determined by the Ministry of Science and Technology. Under the same conditions, in principle, the wind power equipment produced in this park will be preferred for competition."

In response, on March 27, the National Energy Administration issued a document clearly stating that “local governments and departments at all levels must not arrange the scale of wind power construction and allocate the right to confirm the development of the project to the enterprise, nor can they require the enterprise to complete the construction tasks in an administrative manner. ”

In response to the relevant requirements of the Jiuquan Municipal Energy Bureau in the tendering and bidding of wind power equipment, the National Energy Administration emphasized that “local governments and anyone must not interfere with the wind power construction market and must not require companies to purchase local equipment or impose restrictions on local protection of the place of production.”

The National Energy Board's notice does not stop the local government's wind power boom. On April 27, the Jiuquan Energy Bureau issued the "Circular on Enhancing the Pre-2011 Work of the Second Phase of the Jiuquan Wind Power Base Project", and issued 26 "building task schedules" for Gansu and other 26 companies.

On May 9th, the National Energy Administration again referred to the following and put forward “severe criticism” to the Energy Bureau of Jiuquan City.

“The rapid development of the domestic wind power industry has exposed many problems in the construction and operation of wind power. The accident in Jiuquan is only a microcosm,” said Zhou Dadi, vice chairman of the China Energy Research Association, in an interview with this reporter.

Threshold: 80% of companies will be out in the next three to five years, there may be more than 80% of wind power equipment companies have been restructured with the speed of the smashing movement, the access threshold for the wind power industry will also be comprehensively improved. According to industry insiders interviewed by this reporter, in the upcoming storm of the rectification, the programmatic document brewing by the management department is undoubtedly a sharp sword hanging over the top of wind power companies.

On April 29, the National Energy Administration held a meeting on the standardization of wind power in the energy industry to fully initiate the construction of wind power industry standards. It will establish and improve wind power equipment standards, product testing and certification systems. At present, the “Entry Standard for Wind Power Equipment Manufacturing Industry” jointly drafted and drafted by the State Ministry of Industry and Information Technology, the National Development and Reform Commission, and the National Energy Administration has entered the consultation stage.

The “Entry Standard” announced in March proposed that the wind turbine manufacturer must have the necessary production conditions and total production facilities for the production of 2.5 MW or more of stand-alone capacity and an annual output of 1 million KW or more; Expansion should have a cumulative installed capacity of not less than 500,000 kilowatts; new wind turbine manufacturing enterprises should have more than 5 years of experience in large-scale mechanical and electrical industries.

"Access Standards" undoubtedly further reduced the living space of small enterprises. According to Shen Dechang, deputy secretary-general of the China Agricultural Machinery Industry Association Wind Energy Equipment Branch, according to the above standards, more than 80% of wind power equipment companies may pass the next three to five years. Reorganization and merger disappeared.

“The standards proposed by the Ministry of Industry and Information Technology are relatively high. From the current status of China’s wind turbine development, no more than 10 complete machine manufacturers can meet the above criteria,” said Ma Xuelu, vice president of the China Wind Energy Association.

While the National Energy Administration and the Ministry of Industry and the Ministry of Industry and other major departments have stepped up the issuance of standardized documents, local governments are also raising the threshold for the approval of wind power development. As the largest province of wind power resources, Wang Bingjun, director of the Inner Mongolia Energy Development Bureau, said: “At the end of the Twelfth Five-Year Plan period, wind power development companies in Inner Mongolia will be consolidated from the current 68 or so to 25 or less, or about 60%. ”

At the same time, Wang Bingjun further emphasized that in the future, the newly-introduced wind power development projects must have a start-up capital of no less than RMB 1 billion and must be profitable for three consecutive years. Otherwise, they will not be approved for construction.

Shockwave: Stopping at the upstream and downstream levels Faced with the upcoming industry reshuffle, companies that originally wanted to enter the wind power sector have begun to quietly leave the market. Investment tightening has made wind power companies clearly feel the shock before the major turnaround, a number of wind power listed companies The first-quarter financial report released shows that the cash flow generated in the company's operating activities has been significantly reduced.

The above analysts pointed out that the overcapacity caused the performance of wind power equipment manufacturers to decline, and the resulting fierce competition has also forced companies to play a "price war."

The reporter learned that in 2008, the price of a one-kilowatt unit was 5,000-6,000 yuan, which had already dropped to 3,500 yuan by 2010, and the total cost of the machine has also dropped from 6,500 yuan/kW in 2008 to 5,400 in 2009. Yuan/kW, the end of 2010, the total cost of the machine has been less than 4,000 yuan/kilowatt.

Not only that, in the face of the upcoming industry reshuffle, companies that originally wanted to enter the wind power sector have begun to quietly leave.

Prior to this announcement, CNR had announced that it would enter the top five domestic wind power equipment manufacturers in the next five years. It has recently announced that the specific actions to be involved in the wind power industry will depend on the development space of the domestic wind power industry. After deliberation, it also decided to terminate wind power R&D activities and concentrate on the development of its main business. (Reporter Yin Yijie)

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