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​Jingtai Interpretation|What is the important information in the "14th Five-Year Plan for Renewable Energy Development"?
Time:2022-06-15

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Recently, the National Development and Reform Commission, the National Energy Administration and other nine departments jointly issued the "14th Five-Year Plan for Renewable Energy Development" (hereinafter referred to as the "Plan"), which clearly stated that by 2025, the annual power generation of renewable energy will reach 3.3 trillion kWh about.


During the "14th Five-Year Plan" period, the increase in renewable energy power generation accounted for more than 50% of the increase in electricity consumption in the whole society, and the amount of wind power and solar power generation doubled. What important information points does the Plan reveal Jingtai will help you interpret .



|Interpretation 1. Large-scale development of renewable energy

The "Plan" proposes that by 2025, the total renewable energy consumption will reach about 1 billion tons of standard coal, accounting for about 18% of primary energy consumption ; the national total renewable energy power and non-hydropower consumption responsibility weights will reach 33% and Around 18%, the utilization rate is maintained at a reasonable level; the scale of non-electricity utilization such as solar thermal utilization, geothermal energy heating, biomass heating, and biomass fuels has reached more than 60 million tons of standard coal.


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Since the 18th National Congress of the Communist Party of China, China's renewable energy has achieved leapfrog development, and the installed capacity has exceeded 1 billion kilowatts, accounting for more than 40% of the country's total installed power generation capacity. Among them, the installed capacity of hydropower, wind power, photovoltaic power generation and biomass power generation ranked first in the world for 17 consecutive years, 12 years, 7 years and 4 years respectively. The international competitive advantages of photovoltaic, wind power and other industrial chains are prominent. , nuclear, new energy, renewable energy multi-wheel drive energy supply system, and lay a solid foundation to ensure the safe and reliable supply of energy.


Jingtai believes that, on the one hand, China's carbon dioxide emissions must reach a peak before 2030 and achieve carbon neutrality in a much shorter time than developed countries after the carbon peak. To consolidate the foundation of energy transformation, China's renewable energy development is bound to "take standing first", further shifting gears and speeding up, becoming the main body of energy consumption increment, and stepping into a new stage of leap-forward development.


On the other hand, during the "14th Five-Year Plan" period, China's renewable energy should not only achieve continuous technological progress, continuous cost reduction, continuous improvement of efficiency, continuous enhancement of competitiveness, and full realization of non-subsidy parity or even low-cost market-oriented development, but also accelerate the development of renewable energy. Solve key problems such as high-proportion consumption , key technology innovation, industrial chain supply chain security, stability and reliability, further improve quality and efficiency, and accelerate the entry into a new stage of high-quality development.


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|Interpretation 2. Pay attention to the storage and consumption of renewable energy, and use it in a high proportion

The "Planning" proposes that by 2025, the weight of responsibility for the consumption of total renewable energy power in the country will reach about 33%, and the weight of responsibility for non-hydropower consumption of renewable energy power will reach about 18% , and the utilization rate of renewable energy will remain at a reasonable level.


According to the report of the National Energy Administration, in 2021, the national minimum renewable energy power consumption responsibility weight will be 29.4%, and the actual completion value will be 29.4%. In 2021, the national minimum renewable energy power non-water consumption responsibility weight is 12.9%, and the actual completion value is 13.7%.


In terms of specific measures, the "14th Five-Year Plan" will speed up the construction of renewable energy storage and regulation facilities, strengthen the support of diversified and intelligent grid infrastructure, and improve the adaptability of new power systems to a high proportion of renewable energy. Strengthen the direct utilization of renewable energy power generation terminals, expand the scale of diversified non-electrical utilization of renewable energy, promote the large-scale hydrogen production and utilization of renewable energy, promote the comprehensive utilization of rural renewable energy, and take multiple measures to improve the level of renewable energy utilization.


The plan regards "pumped storage power station" as an important path to improve the storage capacity of renewable energy, and vigorously promotes the construction of related projects. At the same time, clarify the independent market main body of new energy storage; guide the sharing of peak shaving and backup resources in the regional power grid, innovate the dispatching operation and market mechanism, and promote the local consumption of renewable energy in the regional power grid.

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|Interpretation 3. The critical period of carbon peaking, three key tasks

In terms of supply, optimize the development mode and develop renewable energy on a large scale. Vigorously promote the development of wind power and photovoltaic power generation bases in the "Three North" regions , actively promote the distributed development of wind power and photovoltaic power generation in the southern Middle East, coordinate the integrated development of water and wind power bases in the southwest region, and actively promote offshore development in the eastern coastal areas. Wind power cluster development. Steadily promote the diversified development of biomass energy, actively promote the large-scale development of geothermal energy, and steadily promote the demonstration development of marine energy.


In terms of consumption, promote storage and consumption , and utilize renewable energy in a high proportion. Improve the storage capacity of renewable energy, give priority to local and nearby consumption, actively promote the delivery and consumption, strengthen the diversified direct utilization of renewable energy, electricity, heat and gas, promote the large-scale utilization of renewable energy for hydrogen production, and expand the comprehensive utilization of rural renewable energy.


In terms of technology, adhere to innovation-driven , high-quality development of renewable energy. Promote innovative mechanisms such as "revealing the leaderboard" and "horse racing system", intensifying efforts to innovate in renewable energy technologies, actively cultivating and developing new models and new formats, improving the modernization level of the industrial chain and supply chain, and strengthening the support of the renewable energy innovation chain.


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|4. The scale of renewable energy market transactions will continue to expand

The "14th Five-Year Plan" proposes to gradually expand the proportion of renewable energy participating in market-based transactions, and encourage participation in the market to fully absorb electricity beyond the guaranteed hours.


my country will build a mechanism for renewable energy to participate in market transactions. Improve the rules for renewable energy to participate in electricity market transactions, remove market and administrative barriers, and form a market mechanism that fully reflects the environmental value of renewable energy and competes fairly with traditional power sources. Promote renewable energy and electricity consumption responsible entities to sign multi-year long-term electricity purchase and sale agreements, and promote the direct participation of users in the receiving end market in cross-provincial renewable energy transactions.


Improve the mechanism for renewable energy to participate in the spot market, and give full play to the role of the intraday and real-time market. Improve the compensation and apportionment mechanism for auxiliary power services, reflect the market value of flexible adjustment resources such as peak shaving gas and electricity, and energy storage, and promote the sharing of peak shaving and backup resources in regional power grids. Improve the market-oriented transaction mechanism of distributed power generation, standardize the transaction process, and expand the transaction scale.


Overall, the specific general direction of this plan has not changed . However, the development goals of the 14th Five-Year Plan are more clearly defined and quantified, and several major directions on how to ensure the healthy development of the new energy industry chain in the future are emphasized. It also reflects the high importance attached to new energy at the top level of the country.


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