These Chemical Materials Will Usher in Rapid Development

Form a non-fossil energy consumption pattern in 2030!

Recently, the National Development and Reform Commission and the National Energy Administration jointly issued the "Opinions on Improving the System, Mechanism and Policy Measures for the Green and Low-Carbon Transformation of Energy".

The "Opinions" clarified four directions:

(1) Accelerate the construction of large-scale wind power and photovoltaic power generation bases by focusing on desert, Gobi and desert areas

Promote the construction of an energy supply system dominated by clean and low-carbon energy. Focusing on desert, Gobi, and desert areas, accelerate the construction of large-scale wind power and photovoltaic power generation bases, upgrade and transform existing coal-fired power units in the region, and explore the establishment of a mechanism for coordinating transmission and reception for new energy power transmission to support new energy and power transmission. Energy and power can be built, combined and distributed.

(2) By 2030, form an energy production and consumption pattern in which non-fossil energy can basically meet the increase in energy demand and replace fossil energy stocks on a large scale

During the "14th Five-Year Plan" period, an institutional framework for promoting green and low-carbon development of energy will be basically established, a relatively complete policy, standard, market and regulatory system will be formed, and an energy system led by "dual control" of energy consumption and a non-fossil energy target system will be established. Green and low-carbon transition promotion mechanism. By 2030, basically establish a complete basic system and policy system for green and low-carbon energy development, and form an energy production and consumption pattern in which non-fossil energy not only basically meets the incremental energy demand, but also replaces fossil energy stocks on a large scale, and the ability to ensure energy security has been comprehensively enhanced. .

(3) Improve and promote green power certificate transactions to promote green power consumption

Promote the establishment of a unified green product certification and labeling system, establish a green energy consumption certification mechanism, and promote various social organizations to adopt the certification results. Establish an electric energy substitution promotion mechanism, and strengthen technical guidance on electric energy substitution by improving relevant standards. Improve and promote green power certificate transactions to promote green power consumption. Encourage the whole society to give priority to using green energy and purchasing green products and services, and public institutions should set an example. All regions should adopt advanced energy efficiency and green energy consumption standards in light of local conditions, vigorously publicize the concepts of energy conservation and green consumption, and carry out in-depth actions to create green life. Encourage qualified places to carry out high-level green energy consumption demonstration construction, and advocate energy conservation in the whole society.

(4) Strengthen the top-level design of the new power system

Strengthen the top-level design of the new power system. Promote clean power sources and electrification of terminal energy consumption, formulate new power system development strategies and overall plans to meet the needs of new energy power development, and encourage all types of enterprises and other entities to actively participate in the construction of new power systems. Conduct green and low-carbon development adaptability assessments on existing power systems, and improve technologies and optimize systems in terms of grid architecture, power supply structure, source-grid-load-storage coordination, and digital and intelligent operation control. Strengthen basic theoretical research on new power systems, promote breakthroughs in key core technologies, and research and formulate relevant standards for new power systems.

Policies help energy structure adjustment

The growth needs of several major materials are worthy of attention!

Clean energy continues to grow in the context of carbon neutrality. In the context of carbon neutrality, the domestic and overseas power generation structure is tilted towards clean energy. Among the clean energy, photovoltaic power generation and wind power generation are the main development directions. Among them, the proportion of photovoltaic power generation and wind power generation in my country has increased from 0.7% and 3.6% in 2016, respectively. To the current 2.3% and 6.9%, the proportion of clean energy in my country is still about 30pcs lower than that of the EU. At this stage, both domestic and foreign photovoltaic power generation and wind power generation are in a stage of rapid growth.

Today, with the blessing of policies, the future development space of wind power, photovoltaics and other green energy has been fully opened up. It is expected that from 2022, wind power and photovoltaics will enter a more rapid development period.

▶▶The raw materials in the photovoltaic industry chain are worthy of attention!

Silicon wafers, adhesive films, and back sheets are the key materials for photovoltaic power generation.

Silicon wafers: The supply and demand of the core raw material trichlorosilane is expected to be tight in the short and medium term. At present, domestic polysilicon mainly adopts the modified Siemens production process, and some adopts the silane fluidized bed method. Among them, the core raw material required by the former is trichlorosilane, which is synthesized through industrial silicon preparation. At present, domestic polysilicon production is expanding rapidly. It is expected that the industry will add 950,000 tons of production capacity by 2022, but the new production capacity of trichlorosilane in the next two years will be less. According to estimates, the total demand for trichlorosilane in 2021/2022 will be 44.8 /510,000 tons, the gap between supply and demand is 45,000 tons/63,000 tons respectively, and the supply and demand in the short and medium term are tight.

Adhesive film: Pay attention to the POE demand and its localization caused by the transition from single glass to double glass. At present, the global photovoltaic modules are in the transition period from single glass to double glass. According to the forecast of CPIA, the global penetration rate of double glass modules is expected to increase from 29.7% in 2020 to 60% in 2025. Under the optimistic scenario, it is estimated that by 2025, the global photovoltaic film demand is expected to reach 3.60 billion square meters, with a CAGR of 18.7%, of which POE demand is expected to increase to 1.369 billion square meters, with a CAGR of 40%.

Backplane: Transparent backplane will be the trend of future development. Compared with ordinary backsheets, transparent backsheets can be applied to double-sided cells to improve power generation efficiency. Compared with photovoltaic glass, the equal-area transparent backsheet is lighter and thinner, and has better UV resistance and salt and alkali resistance. Therefore, in areas with high industrial and commercial roof projects and labor costs, transparent back sheets have absolute advantages. At present, Saiwu Technology, Jolywood Group, and Kibing Group have all begun to deploy transparent backplane tracks. With the further maturity of the technology, the cost of transparent backplanes is expected to be reduced by about 30%, and the market share is expected to continue to increase.

▶▶Wind power supports the demand of epoxy resin industry chain

The large-scale wind power blades bring development opportunities for related materials. Wind turbine blades are mainly composed of reinforcing materials (beams), matrix materials, core materials, surface coatings and structural adhesives between different parts.

In order to achieve the goal of non-fossil energy accounting for 20% of primary energy consumption in 2025 and the target of at least 800 GW of wind power installed capacity in 2030, the average annual growth rate of my country's total wind power installed capacity in the next 10 years needs to maintain a level of 11%. The wind power industry has ushered in a development trend, and wind power-related composite materials and chemical materials such as epoxy resin will also maintain a significant increase. According to industry forecasts, the annual demand for epoxy resin used in new wind power blades will reach 200,000 tons. superior.