This afternoon, the power sector suddenly collapsed. Guodian Nanrui, which has a market capitalization of more than 200 billion, once fell by the limit, Jinshan shares hit the limit, and Fuling Electric Power, Shanghai Electric Power, and Jinkai Xinneng fell.

During this period, a brokerage analyst made a remark that photovoltaic will replace administrative promotion in a market-oriented way. At present, the greatest impact will be on the distribution network investment of the power grid, which is expected to drop from 1.7 trillion to 1.5 trillion, which is still under calculation.

However, the follow-up news came out that this was an online rumor, not by the analyst. What is the truth?

On December 21, 2021, the National Energy Administration revised and issued the regulations on the Management of Grid-connected Operation. At the same time, the interim measures for the Administration of Auxiliary Services for Grid-connected Power plants (Electrical Supervision Market (2006) No. 43) were revised and renamed to the measures for the Administration of Electric Power Auxiliary Services.

Some research institutions believe that enterprises with experience in power grid projects and high EMS performance and operational capabilities are expected to achieve excess returns, and the new demand for the power grid side in the auxiliary service trading market is mainly concentrated on the software side, and these industries should focus on these industries.

It can be said that the market is full of expectations for the performance of electricity in 2022.

From the perspective of market structure, hydrogen energy is the best performing sector today, with a number of stocks rising by the limit, and the hydrogen energy index rose by more than 2% at most. So, what is good to stimulate this plate?

The most promising plate collapsed.

After the Central Economic work Conference, the expectations of the power sector are gradually heating up, and the market has high expectations for power investment in 2022. Anxin Securities has said that the distribution side is an important part of grid investment in the "14th five-year Plan".

With the landing of carbon peak and carbon neutralization targets, the installation of renewable energy generation continues to grow, and with the access of a large proportion of new energy, the demand for power grid investment and construction will remain high.

In addition, while the backbone network is continuously strengthened, there is also great potential for development, relying on distributed new energy generation, microgrid with integrated energy management optimization, and distributed energy system, etc., and the power grid investment is expected to remain high during the 14th five-year Plan period. and focus on the distribution side.

However, this plate collapsed today. Guodian Nanrui, which has a market capitalization of more than 200 billion, once fell by the limit, Jinshan shares hit the limit, Fuling Electric Power, Shanghai Electric Power, Jinkai Xinneng and other stocks fell.

So, what happened to the bad, so that the whole plate collective diving in the afternoon? From the news point of view, it is mainly a rumor affecting the disk.

At noon today, a statement made by a brokerage analyst: photovoltaic replaces administrative promotion in a market-oriented way. At present, the greatest impact will be the distribution network investment of the power grid. It is expected that the distribution network investment will drop from 1.7 trillion to 1.5 trillion, which is still under calculation. However, the follow-up news came out that this was an online rumor, not by the analyst.

The analyst has said that it is necessary to re-recognize China's "coal-based" energy pattern, vigorously develop supporting power sources (thermal power), and prevent the impact of power cuts. Scientifically promote the development of new energy, replace administrative promotion in a market-oriented way, and emphasize planning. Distributed photovoltaic replaces "county-wide promotion" with market-oriented development. First, the development of the whole county is unfavorable, and second, it is easy to form a monopoly, which is not conducive to market-oriented fair competition.

So, what is the truth of the matter? Zhu Yue, a new researcher at CITIC Construction, said that there has been no marginal change in the overall thinking, development mode, overall rhythm, policy document orientation and previous development of distributed photovoltaic. It is possible to judge that "do not engage in distributed photovoltaic promotion throughout the county" as a rumor. The country has firm confidence in the development of new energy. In the process, it is necessary to do a good job in competition, non-monopoly, and work will not be suspended. Recently, efforts have been made to rectify the behavior of stopping distributed photovoltaic recording.

It is expected that the overall volume of distributed photovoltaic in the next few years will be about 25GW, including 17-18GW for households and about 8GW for distributed industry and commerce. There is a high probability that the growth space for next year will be 50% and 100%.

Power grid investment should play down the total emphasis on structure. During the 14th five-year Plan, the State Grid investment is about 2.3-2.5 trillion, with a comprehensive growth rate of 10% and 15%. Distribution network, secondary, digital transformation and DC transmission are structural priorities, and the point of view remains unchanged. It is also nonsense to introduce changes in power grid investment by distributed distribution.