Methanol and hydrocarbon alternative fuel coexist

The strategy for revitalizing strategic emerging industries to be introduced in the future will include a series of individual revitalization plans, of which the “New Energy Plan” is expected to be the first to be introduced. Recently, the management has introduced a series of energy conservation and environmental protection support policies, such as contract energy management, which has positive significance for the accelerated development of the industry.

First, plans for the revitalization of emerging industries will emerge, or for the renewal of the National Development and Reform Commission for New Energy, related individuals recently revealed in an interview with the media that the State Council’s decision on accelerating the cultivation of strategic emerging industries was drafted by the National Development and Reform Commission, the Ministry of Industry and Information, and the Ministry of Finance. The investigation of the draft is currently nearing completion and will be submitted to the State Council in the first half of this year. Among them, the revitalization plan for emerging industries will include a series of individual revitalization plans, and the "New Energy Plan" is expected to be the first to be introduced.

Zhang Xiaoqiang, deputy director of the National Development and Reform Commission, said that the new energy industry includes energy conservation, environmental protection, and recycling of resources. Judging from the current situation, the market is full of new energy sources such as solar energy and wind power. However, some opportunities for energy conservation and environmental protection and recycling of resources are still insufficiently reflected and are worthy of further tracking. In fact, in order to further promote industrial restructuring, our government is actively promoting the development of energy-saving and environmental protection industries. At present, the four ministries and commissions have formulated the "Opinions on Accelerating the Implementation of Contract Energy Management and Promoting the Development of Energy-Saving Service Industry", and will actively support contract energy management and energy conservation from the aspects of implementing tax incentives, increasing financial support, improving accounting systems, and providing services. Industrial development. The development experience of energy-saving service industries in developed countries such as Europe and the United States also shows that the comprehensive promotion of contract energy management models will serve as a booster for the development of energy-saving service industries. The data shows that the potential for development in the field of energy conservation in China is also very large. According to statistics, in 2009, China’s total energy consumption has reached 3.1 billion tons of standard coal, which is 6.3% more than in the previous year. In contrast, China’s energy efficiency is low, compared with developed countries in the world. Energy consumption per unit of GDP is 4-5 times that of Japan and the United States. According to the estimation of the energy conservation service industry committee of the China Energy Conservation Association, the output value of China's energy-saving service industry is expected to reach 80 billion yuan this year, and the growth rate will remain at 30%-40%, and the future market capacity of the industry will reach 400 billion yuan.

Second, how to tap the opportunity of energy saving and environmental protection From the perspective of international experience, China's environmental protection investment curve (ie, the proportion of environmental protection investment in GDP) has just entered the accelerated period of acceleration after the first turning point. During the “Eleventh Five-Year Plan” period, China’s environmental protection investment will continue to grow rapidly. The proportion of GDP will increase by 0.31 percentage points to 1.53%. In the medium and long term, the high point of this ratio should be between 2.5% and 3%. Therefore, China is conservatively expected to The rising period of the environmental protection investment curve will last at least 10 years, and the corresponding annual growth rate should be above 15%.

Specifically, the areas involved in energy conservation and environmental protection include the transformation of energy-saving and emission-reduction technologies in the field of industrial equipment, building energy conservation, fuel economy and oil substitution, energy-saving lighting, and sewage treatment. Among them, common industrial equipment such as boilers, listed companies involved include Huaguang shares (600475), Dongfang Electric (600875), and recently listed Hailu Heavy Industry (002255).

In terms of energy efficiency in buildings, the field is still at the initial stage and the rapid development of the industry still lacks powerful driving factors. According to statistics, building energy accounts for 30% of the total energy consumption, and China Construction (601,668) energy-saving and intelligent buildings lag behind the world's advanced level. Only 4% of existing buildings have achieved energy conservation, and through the promotion of building energy-saving materials and inventory Building intelligence and building new smart buildings can save energy and reduce excessive consumption of electricity. It is an important means to realize energy conservation and emission reduction and build a conservation-minded society. In the area of ​​fuel economy and petroleum substitution, we can pay attention to the companies that have benefited from the country's three emission standards, as well as companies that produce methanol and dimethyl ether from coal. For lighting energy saving, investors can pay attention to traditional energy-saving lamp companies and LED related industry chain companies. Among them, companies that have a complete industrial chain such as LED epitaxy, chips, and packaging deserve attention.

In terms of water reuse, a research report released by McKinsey, a world-renowned strategic consulting firm in Beijing, said that by using different levers to manage water demand, China's water shortage can be solved. Moreover, most of the water-saving measures may bring about lucrative potential investment opportunities, and by 2030 they are expected to generate 171 billion yuan in profits each year. In other words, there are huge opportunities for future wastewater treatment and seawater desalination.