On October 21, the "China Southern Power Grid "14th Five-Year" Electric Energy Alternative Development Plan" (hereinafter referred to as the "Plan") was officially released. The "Planning" mentioned that during the "13th Five-Year Plan" period, China Southern Power Grid has promoted or implemented more than 33,000 electric energy substitution projects. During the "14th Five-Year Plan" period, the company plans to replace 180 billion kilowatt-hours with electric energy, and the proportion of electric energy in the final energy consumption will reach 35%.

Electric energy substitution is in the terminal energy consumption link, the use of electric energy to replace scattered coal and fuel oil energy consumption methods, such as electric heating, geothermal heat pumps, industrial electric boilers (kilns), agricultural electric drainage, electric vehicles, and docking ships to use shore Electricity, airport bridge equipment, electric energy storage peak shaving, etc.

In recent years, the electricity demand in the five provinces and autonomous regions of Guangdong, Guangxi, Yunnan, Guizhou, and Hainan within the power supply area of China Southern Power Grid has continued to grow, which is higher than the national average. In 2019, the electricity consumption of the whole society in the five southern provinces and autonomous regions was 1,243.3 billion kWh, a year-on-year increase of 6.9%, 2.4 percentage points higher than the national level. During the "Thirteenth Five-Year Plan" period, the supply and demand of electricity in the five southern provinces and autonomous regions were generally stable, but the supply and demand situation has gradually shifted from being ample to regional and temporally tight. "Electric energy substitution has not only promoted the structural reform of the supply side in the energy sector, but also effectively alleviated the problems of abandonment of wind and light, and played an important role in promoting the consumption of clean energy," said the relevant person in charge of the marketing department of China Southern Power Grid.

During the "13th Five-Year Plan" period, China Southern Power Grid has promoted or implemented more than 33,000 electric energy substitution projects, with a total of 98.3 billion kilowatt-hours of electric energy substitution in various fields, and the completion rate of the planned target reached 123%. It is equivalent to reducing 42.68 million tons of direct-fired coal in the terminal energy consumption terminal, reducing 133 million tons of carbon dioxide, 566,400 tons of sulfur dioxide, and 343,200 tons of nitrogen oxides. The effect of energy saving and emission reduction is significant.

According to industry insiders, although the potential of electric energy substitution is huge, it is also difficult to carry out electric energy substitution due to the influence of technology, economy and usage habits. "Compared with coal, natural gas and other energies, electric energy has no advantage under the current price system. Consumers tend to choose coal and other energies out of cost considerations. With the reform of energy price policies, the relationship between energy prices gradually tends to Reasonable, non-renewable oil and natural gas prices will continue to rise, and the economics of electric energy in the final energy consumption market will be further highlighted."

During the "14th Five-Year Plan" period, China Southern Power Grid will increase its efforts to promote the field of electric energy substitution with mature technologies and products. For areas where technologies and products such as electric boilers, electric kilns, and rail transit are mature, users are willing to construct or renovate on their own, and have large investments, they will increase their efforts to support and cooperate with social capital to carry out electric energy replacement and renovation. "It will actively communicate and coordinate with the local government, and promote the government to introduce relevant technologies and products that are mature in the field of power substitution policies, such as local power substitution plans, flexible electricity price policies, fiscal subsidies, environmental protection restrictions, etc., and actively promote technology with mature power. "Industrialization and scale-up of alternative products," said the relevant person in charge of the marketing department of China Southern Power Grid.

At the same time, China Southern Power Grid will also explore new business models, broaden financing channels, and encourage financial institutions to expand financing methods and supporting financial services suitable for the promotion of electric energy alternative technology and equipment, so as to solve the funding problem of electric energy alternative promotion and enhance its development space. .

The company's "14th Five-Year Plan" period electric energy substitution planning goals:

►During the 14th Five-Year Plan period, the company will achieve a target value of 180 billion kilowatt-hours of electric energy substitution, and it is estimated that electric energy will account for 35% of terminal energy consumption.

Key areas of the company's "14th Five-Year Plan" period for electric energy substitution:

► Relying on the construction of a modern power supply service system to accelerate the development of electric energy substitution. Build a power and energy product system to meet the personalized power substitution needs of users in different industries, regions, and scales.

►Under the combined effect of the accelerated transformation and upgrading of the industrial structure and the realization of the "carbon neutral" goal, combined with the characteristics of regional economic development and energy consumption, the focus will be on the promotion of new energy use methods such as electric boilers and electric furnaces in the field of industrial production and manufacturing.

►Further increase the electrification rate of railways in the field of transportation, increase efforts to build electric vehicle charging infrastructure, and vigorously promote port shore power and airport bridge power systems.

►In the field of agricultural production, actively promote agricultural product processing, agricultural auxiliary production, and agricultural electric drainage and irrigation.

►In the field of power supply and consumption, vigorously promote the application of electric cold storage air-conditioning and coal-fired self-supply power plants. According to local conditions, distribute electric heating, electric boiler heating, heat pump heating and other residential heating electric energy substitutions in some areas.