Prospects and trends of integrated energy services

Prospects and trends of integrated energy services

Polaris Power Sales Grid News:In the context of the development of the new era of energy transformation, the transformation and development of energy enterprises from production to service has become a global trend. Exploration and development of various energy enterprises in my countryComprehensive energy servicesThe business and the extension of services to the entire industrial chain of the energy industry started relatively late, but showed a strong business transformation and development trend. Comprehensive energy services in the whole society are based on the vision of supporting the construction of a modern energy economic system and promoting high-quality development of the energy economy. They are guided by the increasingly diversified energy service needs of the whole society, and provide energy services of multiple energy varieties, multiple links, multiple customer types, multiple contents, and various forms. The business activities of comprehensive energy service companies are characterized by energy-oriented, comprehensive, service-oriented, and chain-networking.

my country has issued and implemented a number of relevant support policies for the development of comprehensive energy services in many aspects such as energy strategy, planning, finance, prices, taxation, investment and financing, and standards. The institutional and mechanism reform in the energy field is also being accelerated, which has created a good policy environment for the development of comprehensive energy services. Under the joint action of policies, capital and markets, my country's energy technology innovation has entered a period of highly active development, and new energy scientific and technological achievements have continued to emerge; advanced information technology represented by "cloud, big, big, mobile and intelligent things" is accelerating iteration at an unprecedented speed and accelerating the integration with energy technology; comprehensive energy services are expected to receive strong technical support. Taking into account the policy environment, technical support and other factors, my country's comprehensive energy service market demand is huge, the development prospects are broad, and the development trend is positive.

1 Comprehensive energy service connotation

The transformation and development of energy enterprises from production to service has become a global trend. Internationally, energy enterprises in the United States, Japan and European countries started to transform and develop into comprehensive energy services early. The comprehensive energy service business they carried out includes comprehensive energy-saving services, distributed energy development and utilization services, energy trading services, energy financial services, etc., and the business content, service forms, business models, etc. are constantly innovating and becoming increasingly diversified. Various types of energy enterprises in my country started relatively late in exploring the development of comprehensive energy service business, but showed a strong trend of business transformation and development; in terms of transformation and development paths, most of them adopted the "1+N" model, that is, a main business extends and develops to the entire industrial chain service of the energy industry.

There is currently no standard and exact definition of the connotation of comprehensive energy services at home and abroad. In the context of the development of my country's new era of energy change, the connotation of comprehensive energy services in the whole society is: with the vision of supporting the construction of a modern energy economic system and promoting high-quality development of the energy economy, and with the orientation of meeting the increasingly diversified energy service needs of the whole society, comprehensively investing in factor resources such as manpower, material resources, and financial resources, and integrating the use of energy, information and communication technologies and management means to provide energy services of multiple energy varieties, multiple links, multiple customer types, multiple contents, and various forms.

The comprehensive energy service objects of the whole society can be divided into three categories: energy terminal users, energy transmission and distribution, storage, purchase and sales enterprises, and energy production, processing and conversion enterprises. These three types of service objects have different comprehensive energy service needs.

The first major category is energy terminal users, including energy-using enterprises, public institutions, and resident users. The comprehensive energy service needs of such service objects generally include: comprehensive energy supply services, including external energy supply services for coal, electricity, oil and gas, heat, cold, compressed air, hydrogen and other energy sources; comprehensive energy use services, including safety, quality, high efficiency, environmental protection, low carbon, and intelligent services related to energy use; user-side distributed energy resources comprehensive development and utilization services, including solar energy, wind energy, biomass energy, waste heat, waste pressure and energy, etc.

The second major category is energy transmission, distribution, storage, and purchasing and sales enterprises. The comprehensive energy service needs of this type of service object generally include: planning, design, engineering, investment and financing, consulting and other services related to energy transmission and distribution, storage, and purchasing and sales facilities construction; safety, quality, efficiency, environmental protection, low-carbon, and intelligence related to energy transmission and distribution, storage, and purchasing and sales facilities operation.

The third category is energy production, processing and conversion enterprises. The comprehensive energy service needs of this type of service target generally include: planning, design, engineering, investment and financing, consulting and other services related to energy production and processing and conversion facilities construction; energy transmission and distribution, storage, purchase and sales services; safety, quality, efficiency, environmental protection, low-carbon, and intelligent services related to energy production and processing and conversion facilities operation.

2 Characteristics of comprehensive energy services

Comprehensive energy service companies are corporate entities that focus on customers' diverse energy service needs and provide customers with profitable comprehensive energy services as their main business. The business activities of comprehensive energy service companies generally have the following characteristics.

First, energy. One of the business characteristics of a comprehensive energy service company is to basically focus on the theme of "energy" and carry out comprehensive energy service business in the entire links of energy production, processing and conversion, transmission and distribution, storage, and terminal use.

The second is comprehensiveness. Given the diversity of customers' energy service needs, the second business characteristics of the comprehensive energy service company is its comprehensiveness, which is specifically manifested as: the diversity of energy supply service varieties rather than singleness; the diversity of energy use service content involves providing customers with diverse services related to energy use such as safety, quality, efficiency, environmental protection, low carbon, and intelligence; the diversity of service forms, including planning, design, engineering, investment and financing, operation and maintenance, consulting services, etc.

The third is service. Under normal circumstances, the business of a comprehensive energy service company is different from the simple production and sales of related products related to energy production, processing and conversion, transmission and distribution, storage, and terminal use. It is based on "hardware" such as products, technology, and provides customers with diversified "soft" value-added services.

The fourth is chain-network nature. Given that the comprehensive energy service objects in the whole society have energy service needs in all aspects of energy production, processing and conversion, transmission and distribution, storage, and terminal use, strong comprehensive energy service companies carry out energy services in all or multiple links above to build an energy service business chain. At the same time, when conducting business in comprehensive energy service companies, most of them must rely on power grids, heat grids, cold grids, gas grids,Energy Internetand other network infrastructure; especially with the accelerated integration and development of energy and information and communication technology, the value and role of the energy Internet in supporting the business of comprehensive energy service companies is becoming increasingly important.

3 Development prospects and trends of comprehensive energy services

From the three dimensions of policy, technology and market demand, my country's comprehensive energy service market demand is huge and has broad development prospects, and will show a trend of accelerated development.

3.1 Policy Environment

my country's energy development has entered a new stage of transformation from total expansion to quality improvement and efficiency improvement. In the context of the development of the new era of energy change, my country's strategic goal of energy development is to establish a modern energy economic system; developing a modern service-oriented energy economy is a major direction for building a modern energy economic system and promoting high-quality energy development. In fact, my country has issued and implemented a number of relevant support policies for the development of comprehensive energy services in many aspects such as energy strategy, planning, finance, prices, taxation, investment and financing, and standards. The institutional and mechanism reform in the energy field is also being accelerated, which has created a good policy environment for the development of comprehensive energy services.

At the level of energy development strategy, the "Energy Production and Consumption Revolution Strategy (2016-2030)" issued by my country has made a comprehensive top-level strategic deployment for my country's energy production and consumption revolution in the next decade, and clearly requires that on the energy production end, we should take green and low-carbon as the direction, promote centralized and distributed energy development at the same time, and significantly increase the proportion of new energy and renewable energy; on the energy consumption end, we should promote urban and rural electrification development, broaden the field of power use, give priority to the use of renewable energy power, simultaneously promote electrification and informatization construction, significantly improve the electrification level of urban terminals, and implement terminal energy use clean electricity substitution, etc. The "Strategy" has great practical and long-term significance for leading the construction of my country's modern energy economic system and guiding the green transformation and high-quality development of energy, and also points out the direction for the overall development of comprehensive energy services.

In terms of related plans for energy development, during the 13th Five-Year Plan period, my country has successively issued phased special plans for energy, electricity, oil and gas, renewable energy development, clean heating in the northern region, as well as special work plans and guiding opinions on energy conservation and emission reduction, electricity substitution, Internet + smart energy, energy storage technology and industrial development. These planning and guidance policy documents put forward phased goals, key areas and work tasks and comprehensive guarantee measures in the development of various distributed energy energy, power substitution, smart energy development, energy storage development, etc., dual control of total energy consumption and intensity, electrical cooling and other energy transmission and distribution network infrastructure construction, thermal, electric and cooling triple supply, etc., which not only points out the specific development direction and key development areas for comprehensive energy services, but also creates huge market demand for comprehensive energy services.

In terms of energy-related financial policies, my country has successively introduced a number of support policies in finance, taxation, prices, investment and financing, including: establishing financial subsidies for energy conservation and emission reduction, special funds for renewable energy development; giving tax incentives to contract energy management projects; adjusting, improving, and innovating energy price policies such as peak and valley electricity prices, ladder electricity prices, differential electricity prices, environmentally friendly electricity prices, and clean heating prices in the northern region; issuing green credit guidelines; promoting the PPP model in the energy field; and so on. The introduction and implementation of these policies undoubtedly provide comprehensive financial policy support for the development of comprehensive energy services.

In terms of institutional and mechanism reform in the energy field, reforms in the oil and gas field have accelerated, and the construction and operation services of oil and gas pipelines have accelerated their opening to social capital; the new round of power system reform has made remarkable progress and is still being further accelerated, and reform measures such as the power sales side liberalization, incremental distribution pilot projects, and the inclusion of distributed energy into the power market have created considerable market-oriented power sales services, incremental distribution network construction and operation services, and distributed energy development and utilization services.

In the future, with the continuous development and in-depth advancement of my country's energy "four revolutions" in the future, it can be expected that the policy environment facing the development of comprehensive energy services will further improve.

3.2 Technical support

In the field of energy, my country keeps up with the trend of global scientific and technological revolution and industrial transformation, puts energy and scientific and technological innovation in the priority position of the national energy strategy, and has issued major policy measures such as the "Energy Technology Revolution Innovation Action Plan (2016-2030)" and "The Development Plan for Strategic Emerging Industries of the 13th Five-Year Plan", vigorously promotes energy and scientific and technological innovation, and strives to build an energy and scientific and technological innovation system that integrates major technological research, major technical equipment, major demonstration projects and technological innovation platforms, and vigorously develops new energy technology, new energy vehicle technology, energy-saving and environmental protection technology, new generation information technology and industries.

Under the joint action of policies, capital and market, my country's energy technology innovation has entered a period of highly active development, and new energy scientific and technological achievements have continued to emerge; advanced information technology represented by "cloud, big, big, and moving intelligence" has accelerated its iteration at an unprecedented speed and accelerated its integration with energy technology. The superposition of these two trends is catalyzing business and organizational changes in the energy industry, and is expected to provide strong technical support for the development of comprehensive energy services.

In terms of energy technology, my country's photovoltaic technology and wind power technology are developing rapidly and the costs are declining rapidly. Photovoltaic power generation and wind power are expected to achieve parity in the grid in the near future. The research and development of various energy storage technologies such as power storage, cooling storage, heat storage, and hydrogen storage is in full swing. Technical and economic indicators such as reliability, energy storage capacity, energy storage density, equipment life, and energy storage costs are constantly improving, and are gradually entering commercialization or demonstration applications. The development of various electric vehicle charging technologies such as fast charging, slow charging, and wireless charging is eye-catching, and the range of electric vehicles will be flush with conventional fuel vehicles for a single charge. The rapid development and application of these new energy technologies will inevitably provide increasingly solid technical support for the development of distributed energy development and utilization services, comprehensive energy storage services, and electric vehicle charging services.

In terms of advanced information technology, the rapid development of my country's cloud computing technology, big data technology, Internet of Things technology, mobile Internet technology, and artificial intelligence technology and its accelerated penetration and application in the energy field are expected to bring broad development opportunities to comprehensive smart energy services, including energy smart transmission and distribution services, smart energy use services, energy smart production services, energy smart transaction services, energy financial smart services, etc.

3.3 Market demand

Taking into account the policy environment, technical support and other factors, my country's comprehensive energy service market demand is huge and its development prospects are broad. The market demand for comprehensive energy services is widely distributed. The following are the analysis results of the market demand for eight types of comprehensive energy services.

First, the comprehensive energy transmission and distribution service market. Including: investment, construction and operation of transmission and distribution networks, microgrids, regional centralized heating/cooling networks, oil and gas pipeline networks, etc., and provides customers with multi-network, multi-variety, and basic energy transmission and distribution services, and at the same time provides network infrastructure support for the development of other energy service businesses. The analysis results show that from 2019 to 2020, the annual investment demand for power grid construction, natural gas pipeline construction, and thermal pipeline construction will be at the 100 billion yuan level; incremental distribution network construction, microgrid construction, a new round of rural grid transformation will jointly create new demand for power transmission and distribution services; the annual investment demand for thermal pipeline construction and related facilities will be mainly concentrated in the northern regions. For a considerable period after the 13th Five-Year Plan, it is expected that the annual investment demand for power grid construction, natural gas pipeline construction, and thermal pipeline construction will remain at a high level.

The second is the market-oriented trading service market for electricity. Since the launch of a new round of power reform in 2014, the central and local governments have focused on promoting the reform of the power system, orderly release and develop electricity plans, vigorously promoted market-oriented trading of electricity, and market-oriented trading volume has increased significantly, and market entities have become diversified. In July 2018, the National Development and Reform Commission and the National Energy Administration issued the "Notice on Actively Promoting Market-based Electric Power Trading and Further Improving the Trading Mechanism", which clearly stated: further increase the scale of market-based electricity trading; promote the entry of various power generation enterprises into the market; and liberalize users who meet the conditions to enter the market. Driven by a series of policies, the national power sales market will further accelerate its development. According to relevant institutions, the national electricity market-based trading volume will exceed 1.8 trillion kWh in 2018. From 2019 to 2020, it is expected that the scale of market-oriented power transactions in the country will be

Further expand.

The third is the distributed energy development and supply service market. At present, power generation companies, power grid companies, gas companies, etc. are actively expanding to the upstream of the comprehensive energy service industry chain, and carrying out various types of distributed energy development and supply services, including decentralized wind power, distributed solar energy, biomass energy, waste heat and waste pressure waste gas development and utilization services, as well as investment, construction and operation services of triple supply of natural gas and regional centralized heating/cooling stations. The analysis results show that from 2019 to 2020, the annual investment demand for distributed photovoltaics, decentralized and offshore wind power, biomass power generation, and natural gas distributed energy development and utilization were all at the level of 10 billion yuan; the annual investment demand for coalbed methane power generation and waste heat and waste pressure waste gas power generation was relatively small, roughly at the level of 1 billion yuan. After the 13th Five-Year Plan period, it is expected that the annual investment demand for waste heat, waste pressure, surplus gas power generation will further narrow.

Fourth, the comprehensive energy system construction and operation service market. An integrated energy system refers to a new integrated energy system that utilizes advanced physical information technology and innovative management models in a certain area to integrate various energy resources such as electricity, cold energy, thermal energy, natural gas, and new energy in the region to achieve coordinated planning, operation optimization, management coordination, interactive response and complementary mutual assistance of multiple heterogeneous energy subsystems. While meeting the diversified energy consumption needs within the system, it can effectively improve the efficiency of the energy system and promote the sustainable development of energy. The integrated energy system is the physical system form of the energy Internet. Its basic characteristics are "horizontal complementarity and vertical coordination" between multiple energy subsystems. Its specific forms may include: terminal integrated integrated energy supply system; wind, light, water, and fire storage multi-energy complementarity system; Internet + smart energy system; integrated energy system based on microgrid; integrated energy system based on incremental distribution network, etc.

The construction and development of comprehensive energy systems are still in the exploration and infancy stage in my country. At present, it is mainly to promote its development through demonstration and pilot policies. With the advancement of my country's power market-oriented reform, the development and application of cloud-scale logistics and intelligence technology, and the strengthening of relevant support policies, its market demand may strengthen in the future and may become an important new direction for the development of comprehensive energy service business.

The fifth is the energy-saving service market. Among all comprehensive energy service segments, my country's energy-saving service market is a relatively mature market. Since the 13th Five-Year Plan period, under the new background of accelerating the construction of ecological civilization, the central and local governments have made comprehensive strategic arrangements for energy conservation and issued a series of energy conservation policies and measures, including: formulating and implementing strategic plans for energy conservation and emission reduction; improving and strengthening major energy conservation and emission reduction systems; implementing industrial policies conducive to energy conservation and emission reduction; organizing major energy conservation and emission reduction projects and actions; adjusting and improving financial incentive policies for energy conservation and emission reduction; piloting and promoting market-oriented mechanisms for energy conservation and emission reduction; carrying out various types of pilot demonstrations for energy conservation and emission reduction; supporting innovation and promotion of energy conservation and emission reduction technologies; strengthening international cooperation in energy conservation and emission reduction; etc. These measures have provided a good policy environment for the development of energy-saving service business during the 13th Five-Year Plan period. Analysis and forecast results of relevant institutions show that during the 13th Five-Year Plan period, the annual investment demand in my country's energy-saving service market was hundreds of billions of yuan.

Sixth, environmentally friendly energy-using services market. The environmental carrying capacity of energy production and consumption in some parts of my country is close to the upper limit, the atmospheric governance situation is severe, and the task of clean energy replacement is arduous. In accordance with the overall requirements of the 13th Five-Year Plan, a major goal of my country's energy development during the 13th Five-Year Plan period is to improve the level of clean energy substitution. In order to achieve this goal, our government has successively issued and implemented a number of energy clean replacement policies, which provides a good policy environment for the development of environmentally friendly energy service business. The analysis results show that from 2019 to 2020, my country's annual electricity substitution market space was around 100 billion kWh; from 2017 to 2021, the total investment demand in the clean heating service market in the northern region reached 1.3 trillion yuan.

Seventh, the comprehensive energy storage service market. Energy storage has multiple values for improving the safety, reliability, economy and greenness of the energy system. It is a major focus of my country's energy change. The central and local governments have issued a number of support policies. There are many types of energy storage technologies, including pumped energy storage, compressed air energy storage, chemical energy storage, etc. Among them, pumped energy storage technology is mature and has been applied on a large scale. Most other energy storage technologies are evolving, and technological progress is changing with each passing day, promoting the continuous improvement of energy storage efficiency and a steady decline in energy storage costs. Although the cumulative installed capacity of my country's power energy storage in 2017 has been about 29 million kW, it accounts for less than 2% of the total installed capacity of the country. According to research by relevant institutions, in order to maintain the safe, reliable, stable, flexible and green operation of my country's power system, the proportion of installed power storage capacity in the country's total installed power capacity should reach about 5%. This means that there is great room for development for power energy storage and the market prospects are promising. At present, there are 10 pumped storage projects that have been started in my country, and it is expected that the cumulative installed capacity of pumped storage will reach 40 million kW in 2020. At the same time, the construction of electrochemical energy storage is showing an accelerated trend, and the annual construction scale may reach 1 million kilowatts. From 2019 to 2020, the annual investment demand for power energy storage is estimated to be tens of billions of yuan.

Eight is comprehensive smart energy services. Smart energy services are a major new direction for the development of comprehensive energy service business. The 2018 emerging technology maturity curve released by Gartner shows the extraction of 35 representative technologies worth paying attention to from more than 2,000 technologies, including: AIPaaS, strong artificial intelligence, Internet of Things platform, blockchain, 5G, quantum computing, etc. This maturity curve focuses on a range of technologies that are expected to provide a high competitive advantage over the next 5 to 10 years. It can be expected that in the future, cloud-maintaining technology innovation and its application in the energy field will create more and more smart energy service opportunities, and the smart energy service market will have broad development prospects. The market demand for smart energy services is wide, mainly including: construction and operation and maintenance services for intelligent energy production and consumption; smart energy saving services; smart energy consumption services; intelligent trading services for energy markets, etc. The analysis results show that from 2019 to 2020, the annual investment demand of the smart energy service market is estimated to be at the 100 billion yuan level.