On January 8, the National Development and Reform Commission and other six ministries and commissions jointly issued the "Notice on Accelerating the Development and Utilization of Shallow Geothermal Energy to Promote Coal-Reducing Substitution in the North Heating Area", requiring local conditions to accelerate the development and utilization of shallow geothermal energy and promoting residents in the northern heating area. In the field of heat supply and other fields, the coal-fired reduction will be replaced. First, a number of towns, parks, suburbs and villages will be selected to carry out demonstration projects. In the eyes of the industry, the geothermal energy industry will usher in the development of spring.
Guojin Securities pointed out that at present, global energy is mainly fossil energy, resources are not renewable, and greenhouse gases and other pollution are generated. The development of renewable energy is the only way to sustainable development. Geothermal energy is a clean and renewable energy source. Compared with other renewable energy sources, geothermal energy has the characteristics of continuous, stable and uninterrupted. It can form geothermal pillar industries such as hot spring real estate, geothermal heating, geothermal power generation and geothermal agriculture in the future.
From a national perspective, according to the preliminary estimate of the 13th Five-Year Plan for geothermal energy development and utilization, the development and utilization of geothermal energy will drive about 260 billion yuan of investment. Among them, shallow geothermal energy heating accounts for 140 billion yuan, mainly based on screw-type compressors as the core of heat pump technology; hydrothermal geothermal energy heating accounts for 80 billion yuan, mainly based on heat exchangers as the core of "downhole heat transfer" process Technology; geothermal power generation accounts for 40 billion yuan, mainly based on steam turbines as the core of "flash" and "double cycle" technology; In addition, geothermal resource exploration and evaluation, drilling technology and equipment are also essential.
Guojin Securities believes that in the process of geothermal development: 1) According to the scale of investment, the degree of benefit is: shallow geothermal heating equipment > hydrothermal geothermal heating equipment > geothermal power generation equipment; 2) according to the development stage, the order of benefit is: geothermal Exploration and mining > geothermal equipment purchase > geothermal project operation. On the whole, the development and utilization of geothermal resources is expected to open during the 13th Five-Year Plan period, driving the development of geothermal development technology services and core equipment suppliers.
2. The new capacity replacement method was introduced, and cement and glass can not be neglected (Guangda Securities)
On January 8, 2018, the Ministry of Industry and Information Technology issued the “Measures for the Implementation of Capacity Replacement in the Steel and Cement Glass Industry”. The document pointed out that “the new capacity of the steel, cement and flat glass industries is strictly prohibited, and the capacity replacement work will continue to be carried out”. “Implementation Measures for Capacity Replacement in Some Overcapacity Industries”.