Wei Yu: There Are Opportunities and Challenges for Cement Enterprises to Transform into New Energy Industry

On April 24, the "China Cement Industry Green Development Summit Forum and Ultra-clean Emission Technology Exchange Conference" sponsored by China Cement Network was successfully held in Changsha, Hunan Province. Wei Yu, senior analyst of

China Cement Network & Cement Big Data Research Institute, brought the theme report of "Cement Enterprises on the Road of Transformation: New Energy Layout and Prospects". She said that in the context of unprecedented cost pressures and declining demand for cement, the "cement + new energy" strategy is prevalent. At present, the total investment in new energy exceeds 100 billion yuan, and the average annual investment accounts for about 20-30% of the industry's profits. At present, the most widely used is to invest in photovoltaic power plants, because of its low entry threshold, with carbon reduction as the main purpose, to meet the "zero purchase of electricity" demand, the highest proportion of investment is photovoltaic (97%) and polysilicon (65%). Wei Yu

, senior analyst of

China Cement Network & Cement Big Data Research Institute, pointed out that it is optimistically expected that the cumulative installed capacity of photovoltaic in the cement industry will reach 7.2G W in 2030, with a compound growth rate of 28.53%, accounting for 0.5% of the total installed capacity in the country, with a cumulative investment of 20-36 billion. There are both opportunities and challenges for cement enterprises to transform into the new energy industry: first, the photovoltaic industry market is mature, with high concentration, and the risk of overcapacity is at hand; second, the future market space of energy storage and hydrogen energy is large, but the cost is relatively high, and the commercialization has just started; third, the technology changes quickly, especially the new energy storage and green hydrogen technology is not yet mature; The four is the double-edged sword of integration: the integration of photovoltaic industry chain, the integration trend of wind and solar hydrogen storage and wind and solar hydrogen storage vehicles.