Many departments have successively released positive signals to encourage private capital to enter the energy sector.

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The related documents of the National Energy Administration, the Ministry of Land and Resources, and the State Electricity Regulatory Commission regarding the encouragement of private capital to enter the energy sector were intensively introduced in late June. Power grids, oil and gas pipeline networks, oil refining, and energy exploration were all encouraging private investment. In the past few days, the reporter has learned that private capital has been encouraged in all aspects of the energy industry chain, and people in the industry believe that this will help private enterprises break through the development of the "glass door."

After the Ministry of Land and Resources and the All-China Federation of Industry and Commerce jointly issued the "Opinions on Further Encouraging and Guiding Private Capital to Invest in Land and Resources" on June 18, the National Energy Administration issued "On Encouraging and Guiding Private Capital to Further Expand Energy Resources." "Implementation Opinions on Field Investment" (hereinafter referred to as "Implementation Opinions") encourage private capital to enter various links in the energy industry chain including upstream resources exploration and exploitation, R&D and manufacturing of midstream technical equipment, downstream energy infrastructure projects, and power plant construction and operation.

The "Implementation Opinions" proposes that the scope of private capital investment will be further broadened, private capital will be encouraged to participate in the exploration and development of traditional energy resources such as coal mines, oil and gas and thermal power stations, and it will be pointed out that all projects listed in the national energy plan will be prohibited except those expressly prohibited by laws and regulations. They are all open to private capital and encourage qualified private enterprises to participate in the construction and operation of national key energy projects in various forms.

The "Implementation Opinions" encourage private capital to build underground coal gasification demonstration projects, invest in coal washing and processing, build and operate coal gas demonstration projects, and large-scale oil refining projects, and encourage private capital to cooperate with state-owned oil companies in oil and gas exploration and development. It invests in various forms of unconventional oil and gas exploration and development projects such as CBM, shale gas and oil shale, and invests in CBM and coal mine gas drainage and utilization projects. The "Implementation Opinions" also proposes to release the ex-factory price of shale gas, coalbed methane, and coal gas, and negotiate prices between the supply and demand sides.

In the areas of new energy such as solar thermal utilization, development of biomass energy, and solar photovoltaic materials that have already dominated private capital, the "Implementation Opinions" clearly states "continue to encourage and support expansion." The "Implementation Opinions" also explicitly encourages private capital to tap into the energy storage technologies, materials and equipment that are currently emerging in the market, and the construction of new energy vehicle energy supply facilities.

On June 19, the Electricity Regulatory Commission also issued the "Implementation Opinions on Strengthening Electricity Supervision and Supporting Private Capital to Invest in Electricity", and put forward specific opinions on market access, supervision of fair dispatch of the power grid, access to the renewable energy without discrimination, power price reform, and other aspects. Support private capital investment in electricity.

According to industry sources, a series of policies have created a good environment for the participation of private capital in the energy sector by broadening the scope of private capital investment, creating a fair and regulated market environment, and improving the development level of private energy companies. This has helped to add new energy resources to China's energy market. Vitality.

However, insiders at the same time analyzed that the energy sector is open to private capital and it is necessary to “open the door” and even “set up seats”. Private capital can feel comfortable creating new market players only if it feels equal treatment with state-owned capital in terms of access conditions, operating environment, administrative enforcement, and judicial supervision.

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