my country's power generation equipment industry has developed steadily in the first half of the year

The Machinery Industry Power Generation Equipment Center recently released the report "Development Situation and Situation Outlook of my country's Power Generation Equipment Industry in the First Half of 2022". The report pointed out that in the first half of this year, my country's power generation equipment industry has steadily advanced, and new breakthroughs have been made in the transformation of green and low-carbon. Although the power generation equipment industry has also been under tremendous pressure in the first half of the year due to factors such as the epidemic, my country's power generation equipment industry's technological innovation capabilities have been continuously enhanced and its management efficiency has been continuously improved. With the in-depth implementation of the "dual carbon" strategy, the development of the industry will continue to improve in the future.

According to the report data, the total output of power generation equipment in the first six months of this year was 62.104 million kilowatts, a year-on-year increase of 0.6%. Among them, from January to March, the national power generation equipment output reached 29.962 million kilowatts, an increase of 11.2% year-on-year.

People from the Machinery Industry Power Generation Equipment Center said that from the perspective of industrial scale and structure, the total output of my country's power generation equipment continues to remain high.Thermal power, wind power,nuclear powerThe proportion of equipment has increased to varying degrees. Among them, in the first half of the year, the output of thermal power units reached 33.242 million kilowatts, accounting for 53.5%, a year-on-year increase of 18.5%; the output of wind power units reached 23.655 million kilowatts, accounting for 38.1%, a year-on-year increase of 4.4%; the output of nuclear power units was 1.1 million kilowatts, accounting for 1.8%, an increase of 1 year-on-year.

Judging from the export situation, in the first half of the year, the scale of power generation equipment exports increased slightly year-on-year, and the proportion of total power generation equipment production remained low. Data shows that in the first half of the year, the country exported 3.624 million kilowatts of generator sets, an increase of 0.7% year-on-year, accounting for 5.8% of the total output of power generation equipment, basically the same as the same period last year. Among them, the exported hydropower units were 393,000 kilowatts, a year-on-year decrease of 54.2%; the exported thermal power units were 2.995 million kilowatts, a year-on-year increase of 34.0%; and the exported wind power units were 236,000 kilowatts, a year-on-year decrease of 53.4%.

The Machinery Industry Power Generation Equipment Center pointed out that in the first half of the year, due to factors such as the epidemic, the Russian-Ukrainian conflict, intensified global inflation, and fluctuations in raw material prices, the operating pressure of the power generation equipment industry increased. The total industrial output value of 49 domestic key power generation equipment host enterprises included in the center's statistics reached 109.83 billion yuan, a year-on-year decrease of 10.2%. However, the export delivery value of power generation equipment host enterprises reached 5.05 billion yuan, an increase of 2.6% year-on-year.

Specifically, it is difficult to implement projects of hydropower equipment enterprises. With its advantages in manufacturing capabilities and level, leading enterprises have undertaken most hydropower equipment orders, filling the order gap caused by the completion of large-scale conventional hydropower projects to a certain extent, and their operating conditions are relatively stable. However, most small and medium-sized hydropower equipment manufacturing companies lack orders, have heavy operating burdens, and their profits have dropped significantly year-on-year.

The thermal power equipment market is fierce, and leading companies have also obtained most of the new orders based on their technological advantages. Most small and medium-sized thermal power equipment companies have seen a significant decline or losses year-on-year, and some even face bankruptcy and reorganization. In the first half of the year, the power supply project of major power generation enterprises across the country completed 34.7 billion yuan in thermal power investment, an increase of 71.8% year-on-year. People from the Machinery Industry Power Generation Equipment Center said that the recovery of thermal power construction investment will help the operation of low-carbon and environmentally friendly thermal power equipment companies stabilize and recover.

In the first half of the year, due to the high raw material prices in the field of wind power equipment, product costs rose sharply year-on-year, and the intensified industry competition led to a rapid decline in the prices of fan products, and the operating performance of most wind power equipment companies showed a downward trend. In the first half of the year, the power supply project of major power generation enterprises across the country completed 56.7 billion yuan in wind power investment, a year-on-year decrease of 31.4%.

In addition, the increase in new orders received by nuclear power equipment manufacturers in recent years, the company's production capacity has been released, the operating pressure has been alleviated, and the performance of valves, seals and other companies with high market concentration has also increased to a certain extent. A person from the Machinery Industry Power Generation Equipment Center said that as my country's nuclear power safe and orderly development ushered in a window period, the overall prosperity of the nuclear power industry is improving, which will help nuclear power equipment companies develop stably and orderly.

The Machinery Industry Power Generation Equipment Center also pointed out in its report that at present, my country's power generation equipment industry is facing problems such as excessive raw material prices, arrears of accounts payable, urgent breakthroughs in key core technologies, and insufficient funds for the "three reforms and linkages" of coal-fired power. This puts pressure on the profits of many equipment manufacturing companies and restricts the healthy development of the industry.

In this regard, the center suggests that the construction of emergency mechanisms should be strengthened, and early warning mechanisms for supply and demand of coal, natural gas, key raw materials and electricity should be established and improved, and the rapid response and recovery capabilities of the industrial chain should be improved. At the same time, multiple measures should be taken to solve the problem of arrears of accounts payable.

In the technical field, we hope that government departments will increase their investment in scientific research and improve their ability to design, manufacture, inspection and research power generation equipment. For equipment or parts that have not yet been independent, we will strengthen cooperation among enterprises on the basis of special research, strengthen the complementary advantages and resource sharing of central enterprises, universities, research institutes, state-owned enterprises and private enterprises, and solve the choke problem as soon as possible. At the same time, we actively promote the domestic application of independent equipment and take measures to protect the core technologies that have achieved independent equipment. Accelerate the training of technical experts and discipline leaders in key areas of R&D, provide strong policy support for the R&D department to attract and retain talents, jointly establish a technical research team with scientific research institutes and universities, and concentrate on technical research and development.

People from the Machinery Industry Power Generation Equipment Center said that green, low-carbon and diversified integration will be the main theme of energy development for a long time. To this end, the power equipment industry should work together through policy, market and technical levels to enhance the ability of scientific and technological self-reliance and self-improvement, continuously improve the security guarantee level of industrial chains and supply chains, continuously promote the green and low-carbon transformation of energy, strengthen the effective connection, integration and benign interaction between the innovation chain and the industrial chain, and lead the high-quality development of the energy industry.