New development of power environmental protection

The continuous implementation of the policy of strengthening power supply for more than a decade has enabled China's power industry to develop rapidly. After entering the year 2000, the total installed power capacity has exceeded 300 million kilowatts. From the current situation, the growth rate of new power supply can basically achieve a dynamic balance with the higher growth rate of the national economy.

At the same time, the power supply structure that relies more on thermal power generation has not yet been effectively improved. Currently, coal-fired power generation still accounts for more than 75% of total power consumption. The environmental pollution caused by it has also become more serious. In 1998 and 1999, the total amount of CO2 emitted by coal combustion in China reached 20.87 million tons and 18.57 million tons, ranking the first in the world. The large-scale dust pollution and acid rain occurred in succession, and thermal power plants have become one of the major air pollution sources in China. In addition to the dioxide*, some effluent will be formed in the thermal power production process and constitute part of the power pollution.

Power pollution has long attracted the attention of relevant government departments. The State Environmental Protection Administration and the State Economic and Trade Commission have successively promulgated the "Emission Standards for Air Pollutants for Thermal Power Plants" and "Key Points for Localization of Key Technologies and Equipment for the Removal of Flue Gas from Thermal Power Plants" and other administrative regulations. , And adopt policy regulations and economic leverage to promote thermal power companies to implement environmental protection measures in order to achieve the power industry to environmental protection development policy objectives.

Environmental protection of the power industry: There are two main ways to reduce or solve thermal power pollution in two emerging industries. One is to implement environmental protection measures in the thermal power production process, including flue gas removal treatment and power plant water treatment; the second is to improve the power supply structure and the fire. For power plants, it is of direct significance to develop waste power generation. As a result, two new fringe industries have emerged in the cross section of the thermal power industry and the environmental protection industry, namely, the power environmental protection industry and the environmental protection power industry, which together constitute the main content of the environmental protection of the power industry.

Electricity environmental protection is mainly through the installation of environmental protection devices in thermal power plants to control the emission of CO2 and sewage. The current control focuses on the oxidation*. According to the different control processes, the treatment of oxidation* can be divided into three categories: pre-combustion, combustion and post-combustion. * The device is matched with a certain single machine installed capacity of the power station boiler. The internationally mature flue gas desludging technologies include five kinds of limestone-gypsum method, seawater desalination method, spray drying method, calcium spray humidification method, and electron beam method. They are ABB of Sweden, Mitsubishi Heavy Industries of Japan, Hitachi, Japan, German WULL and other European and Japanese companies are in control. Compared with the above-mentioned companies, China does not have complete design and equipment integration capabilities for large-scale units of 200,000 kilowatts of flue gas, and domestic flue gas desulphurization projects implemented by thermal power plants need to import equipment, civil works, and installations from abroad. It is completed by the domestic. Power plant water treatment mainly includes condensate water project, boiler water supply project, ash flushing water and water return project, boiler cleaning, ash pipe cleaning and transportation, etc., mainly through chemical agents such as polymer coagulant and descaling agent. To achieve the treatment of coal-fired power plant water pollution and solve the problem of serious fouling of coal-fired power plant ash-cleaning pipelines, the degree of pollution of the power plant is relatively light compared with the pollution of coal-fired power plants, but the absolute pollution is still relatively large and needs to be obtained. With effective treatment, some domestic enterprises have already mastered this technology.

Environmental power is a newly emerging fringe industry and is currently concentrated in the waste-to-energy sector. It uses municipal waste and coal gangue as an alternative fuel for coal. While producing clean energy, it can also effectively reduce urban waste pollution. At present, there is a garbage power plant in Shenzhen and Zhuhai in China that has entered operation.

Environmental Protection of the Power Industry: Industrial Opportunity Highlights The power environmental protection industry and the environmental protection power industry derived from the environmental protection trend of the power industry are expected to develop at a faster rate than the power industry itself, which is mainly based on the large potential market size and strong Policy support.

In the power environmental protection industry, the elimination of flue gas is a high-tech environmental protection priority for the development of the country. In order to realize the localization of related technologies and equipment, the State Economic and Trade Commission has recently announced the key technologies and equipment for flue gas removal from thermal power plants. According to the above, the National Power System plans to invest 10 billion yuan in the research and development of related technologies and equipment for wet flue gas removal in order to achieve a 100% localization rate of wet flue gas removal equipment by 2010. . According to the requirements of China's "Atmospheric Environmental Protection Law" and "Emission Standard of Air Pollutants for Thermal Power Plants", by 2010, there will be approximately 180 thermal power generating units installed in China, with an installed capacity of 44 million kilowatts. If the investment for installing and disassembling equipment accounts for about 10% of the total investment of the power plant, the investment required for the wet-type dismantling equipment for the 1 million-kilowatt generating unit will be about 7.5 billion yuan. According to this, the flue gas from the power plant in China will be removed in 10 years by 2010. * The market size is expected to reach more than RMB 330 billion. In China, currently only less than 1% of the installed capacity of thermal power plants have flue gas removal devices, which are imported products from abroad. It can be seen that the huge potential market demand for flue gas removal equipment and the government's localization target for flue gas removal equipment will provide a huge market space for domestic power environmental protection equipment manufacturers. With respect to power plant sewage treatment, it is generally implemented in incremental power projects, and the state has not formulated clear development targets for this. As the proportion of newly-added power construction projects in the country will tend to decrease in the total investment in power construction, the prospects for the development of this business are not as broad as that of smoke. At present, the market structure of domestic power plant water treatment has been highly concentrated. Among them, Kaidi Power (0939) has basically occupied 100% market share in power plant condensate treatment business, and also has 30-40% of power plant sewage treatment business. market share.

The environmental power industry with waste power generation as its core also has broad market prospects. Given the good social and economic benefits of waste-to-energy, major cities in China, such as Beijing, Guangzhou and Shanghai, will implement waste-to-energy projects and have been approved by the planning department. The operating costs of waste power plants mainly include the cost of waste pretreatment and power generation and operation. The revenue comes from electricity sales and government subsidies for waste treatment. The degree of government subsidies obtained is of crucial importance for determining the investment rate of return of waste power plants due to the large size of the country. The garbage pollution in the medium-sized cities is generally more serious and urgently needs to be resolved. This allows the waste-to-energy plant investors to be in an advantageous position in negotiating the amount of subsidy, and they can often receive preferential treatment for preferential access to the Internet in the sale of electric power products. In addition, waste-to-energy generation has strong economies of scale, possesses exclusive occupation of waste resources in the region, and can effectively control operating costs. It is expected to avoid the frequent fluctuations in operating costs of coal-fired power plants and stabilize operating performance. More sexual.

The potential attractive prospects presented by the power environmental protection and environmental protection power are attracting a steady stream of capital investment. In addition to professional electric power environmental protection companies, many power generation listed companies have also heavily invested and have received positive responses from investors (see Tables 1 and 2). With the trend of environmental protection in the electric power industry becoming more and more popular, it is expected that more and more listed companies will enter this industry and bring about substantial returns. The continuous implementation of the policy of strengthening power supply for more than a decade has enabled China's power industry to develop rapidly. After entering the year 2000, the total installed power capacity has exceeded 300 million kilowatts. From the current situation, the growth rate of new power supply can basically achieve a dynamic balance with the higher growth rate of the national economy.

At the same time, the power supply structure that relies more on thermal power generation has not yet been effectively improved. Currently, coal-fired power generation still accounts for more than 75% of total power consumption. The environmental pollution caused by it has also become more serious. In 1998 and 1999, the total amount of CO2 emitted by coal combustion in China reached 20.87 million tons and 18.57 million tons, ranking the first in the world. The large-scale dust pollution and acid rain occurred in succession, and thermal power plants have become one of the major air pollution sources in China. In addition to the dioxide*, some effluent will be formed in the thermal power production process and constitute part of the power pollution.

Power pollution has long attracted the attention of relevant government departments. The State Environmental Protection Administration and the State Economic and Trade Commission have successively promulgated the "Emission Standards for Air Pollutants for Thermal Power Plants" and "Key Points for Localization of Key Technologies and Equipment for the Removal of Flue Gas from Thermal Power Plants" and other administrative regulations. , And adopt policy regulations and economic leverage to promote thermal power companies to implement environmental protection measures in order to achieve the power industry to environmental protection development policy objectives.

Environmental protection of the power industry: There are two main ways to reduce or solve thermal power pollution in two emerging industries. One is to implement environmental protection measures in the thermal power production process, including flue gas removal treatment and power plant water treatment; the second is to improve the power supply structure and the fire. For power plants, it is of direct significance to develop waste power generation. As a result, two new fringe industries have emerged in the cross section of the thermal power industry and the environmental protection industry, namely, the power environmental protection industry and the environmental protection power industry, which together constitute the main content of the environmental protection of the power industry.

Electricity environmental protection is mainly through the installation of environmental protection devices in thermal power plants to control the emission of CO2 and sewage. The current control focuses on the oxidation*. According to the different control processes, the treatment of oxidation* can be divided into three categories: pre-combustion, combustion and post-combustion. * The device is matched with a certain single machine installed capacity of the power station boiler. The internationally mature flue gas desludging technologies include five kinds of limestone-gypsum method, seawater desalination method, spray drying method, calcium spray humidification method, and electron beam method. They are ABB of Sweden, Mitsubishi Heavy Industries of Japan, Hitachi, Japan, German WULL and other European and Japanese companies are in control. Compared with the above-mentioned companies, China does not have complete design and equipment integration capabilities for large-scale units of 200,000 kilowatts of flue gas. Domestic flue gas demolition projects implemented by thermal power plants need to import equipment, civil works, and installations from abroad. It is completed by the domestic. Power plant water treatment mainly includes condensate water project, boiler water supply project, ash flushing water and water return project, boiler cleaning, ash pipe cleaning and transportation, etc., mainly through chemical agents such as polymer coagulant and descaling agent. To achieve the treatment of coal-fired power plant water pollution and solve the problem of serious fouling of coal-fired power plant ash-cleaning pipelines, the degree of pollution of the power plant is relatively light compared with the pollution of coal-fired power plants, but the absolute pollution is still relatively large and needs to be obtained. With effective treatment, some domestic enterprises have already mastered this technology.

Environmental power is a newly emerging fringe industry and is currently concentrated in the waste-to-energy sector. It uses municipal waste and coal gangue as an alternative fuel for coal. While producing clean energy, it can also effectively reduce urban waste pollution. At present, there is a garbage power plant in Shenzhen and Zhuhai in China that has entered operation.

Environmental Protection of the Power Industry: Industrial Opportunity Highlights The power environmental protection industry and the environmental protection power industry derived from the environmental protection trend of the power industry are expected to develop at a faster rate than the power industry itself, which is mainly based on the large potential market size and strong Policy support.

In the power environmental protection industry, the elimination of flue gas is a high-tech environmental protection priority for the development of the country. In order to realize the localization of related technologies and equipment, the State Economic and Trade Commission has recently announced the key technologies and equipment for flue gas removal from thermal power plants. According to the above, the National Power System plans to invest 10 billion yuan in the research and development of related technologies and equipment for wet flue gas removal in order to achieve a 100% localization rate of wet flue gas removal equipment by 2010. . According to the requirements of China's "Atmospheric Environmental Protection Law" and "Emission Standard of Air Pollutants for Thermal Power Plants", by 2010, there will be approximately 180 thermal power generating units installed in China, with an installed capacity of 44 million kilowatts. If the investment for installing and disassembling equipment accounts for about 10% of the total investment of the power plant, the investment required for the wet-type dismantling equipment for the 1 million-kilowatt generating unit will be about 7.5 billion yuan. According to this, the flue gas from the power plant in China will be removed in 10 years by 2010. * The market size is expected to reach more than RMB 330 billion. In China, currently only less than 1% of the installed capacity of thermal power plants have flue gas removal devices, which are imported products from abroad. It can be seen that the huge potential market demand for flue gas removal equipment and the government's localization target for flue gas removal equipment will provide a huge market space for domestic power environmental protection equipment manufacturers. Regarding power plant sewage treatment, it is generally implemented in incremental power projects, and the state has not formulated clear development targets for this. As the proportion of newly-added power construction projects in the country will tend to decrease in the total investment in power construction, the prospects for the development of this business are not as broad as that of smoke. At present, the market structure of domestic power plant water treatment has been highly concentrated. Among them, Kaidi Power (0939) has basically occupied 100% market share in power plant condensate treatment business, and also has 30-40% of power plant sewage treatment business. market share.

The environmental power industry with waste power generation as its core also has broad market prospects. Given the good social and economic benefits of waste-to-energy, major cities in China, such as Beijing, Guangzhou and Shanghai, will implement waste-to-energy projects and have been approved by the planning department. The operating costs of waste power plants mainly include the cost of waste pretreatment and power generation and operation. The revenue comes from electricity sales and government subsidies for waste treatment. The degree of government subsidies obtained is of crucial importance for determining the investment rate of return of waste power plants due to the large size of the country. The garbage pollution in the medium-sized cities is generally more serious and urgently needs to be resolved. This allows the waste-to-energy plant investors to be in an advantageous position in negotiating the amount of subsidy, and they can often receive preferential treatment for preferential access to the Internet in the sale of electric power products. In addition, waste-to-energy generation has strong economies of scale, possesses exclusive occupation of waste resources in the region, and can effectively control operating costs. It is expected to avoid the frequent fluctuations in operating costs of coal-fired power plants and stabilize operating performance. More sexual.

The potential attractive prospects presented by the power environmental protection and environmental protection power are attracting a steady stream of capital investment. In addition to professional electric power environmental protection companies, many power generation listed companies have also heavily invested and have received positive responses from investors (see Tables 1 and 2). With the trend of environmental protection in the electric power industry becoming more and more popular, it is expected that more and more listed companies will enter this industry and bring about substantial returns.

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