2014 Electric Power Development Outlook

2014 Electric Power Development Outlook

Forward-looking Industry Research Institute released "2014-2018 China's electricity environmental protection industry market forward-looking and investment strategic planning analysis report" based on the existing information, forecasting the prospects of the major market segments of power environment protection.

Denitrification market capacity forecast: If all existing coal-fired thermal power generation boilers approved during the period of end of 2004-2011 have been subjected to flue gas denitrification, part of the thermal power plant built before the end of 2003 will be flue gas denitrified, and the new standard will be implemented. After that, by 2015, it will require 817 million kilowatts of additional flue gas denitrification capacity, and a total of 173.7 billion yuan in denitrification investment will be required. In 2015, the operating cost will be 61.2 billion yuan per year. By 2020, the new flue gas denitrification capacity will be 1.066 billion kilowatts, and a total of 232.8 billion yuan will be required for denitrification. In 2020, it will cost 80 billion yuan annually.

Market capacity prediction of SCR denitrification catalyst: During the “Twelfth Five-Year Plan” period, the denitration market will start large-scale, and the denitration catalyst market will grow rapidly. It is estimated that the newly-installed unit's initial catalyst market demand will be 7.11 billion yuan, the old unit catalyst initial capacity will be 8.715 billion yuan, and the catalyst replacement capacity will be 16.175 billion yuan.

Thermal power desulfurization market capacity forecast: During the “Twelfth Five-Year Plan” period, the total capacity of thermal power desulfurization equipment construction market will reach RMB 63.5 billion. The market capacity of the new desulfurization unit is 45 billion yuan, the market capacity for the desulfurization system reconstruction is 8.7 billion yuan, and the market capacity of the old unit new desulfurization system is 9.8 billion yuan.

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