echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > China's energy-saving service industry is close to saturation, and the development speed will slow

    China's energy-saving service industry is close to saturation, and the development speed will slow

    • Last Update: 2021-11-25
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Chemical machinery and equipment network market analysis chemical machinery and equipment

    Basic profile analysis of energy-saving service industry
     
    Basic profile analysis of energy-saving service industry
    The energy-saving service industry is an emerging industry where energy-saving service companies provide energy-saving* services through contract energy management models, including energy trading, supply, management, and implementation of energy-saving improvement projects, overall contracting of energy-saving performance guarantee contracts, operation and maintenance management of public equipment, Energy saving diagnosis and consultant consultation, etc.

     

    The energy-saving service industry stands on the customer's standpoint, uses new technologies and concepts to seek rationalization of energy use in the enterprise with customers, finds any energy-saving opportunities, implements energy-saving improvement projects, and saves customers energy costs.

     

    1.
    China's total energy consumption grows at a low speed
     
    1.
    China's total energy consumption grows at a low speed
    According to the National Bulletin of National Economic and Social Development Statistics in 2019, the total energy consumption in 2019 was 4.
    86 billion tons of standard coal, an increase of 3.
    3% over the previous year.
    Coal consumption increased by 1.
    0%, crude oil consumption increased by 6.
    8%, natural gas consumption increased by 8.
    6%, and electricity consumption increased by 4.
    5%.
    Over the past ten years, total energy consumption has continued to rise, with an increase of 1.
    25 billion tons of standard coal in 2019 compared to 2010.
      From the perspective of the growth rate in the past ten years, the growth rate of energy consumption continued to drop by 6.
    5 percentage points in 2015 compared with 2010.
    The growth rate began to rise in 2016 and reached 3.
    3% in 2019, but it is less than in 2010 (7.
    4%) and 2011.
    Compared with the high growth rate of 7.
    2%, the total energy consumption since 2012 has been in a state of low-speed growth, and the low energy consumption growth rate has supported the medium-to-high-speed economic development.
      2.
    The type of contract energy management mode is mainly energy-saving benefit sharing type
     
    2.
    The type of contract energy management mode is mainly energy-saving benefit sharing type
      Energy-saving service companies mainly provide energy-saving services to customers in the form of contract energy management.
    The basic contract types of contract energy management projects include energy-saving benefit sharing, energy-saving guarantee, and energy cost trusteeship.
    On this basis, several types of combinations are derived.

     

      According to the "2019 Energy Conservation Service Industry Development Report" issued by the Energy Conservation Service Industry Committee of the China Energy Conservation Association (EMCA), a survey and analysis of contract energy management projects in 2019 showed that contract energy management energy-saving benefit sharing projects accounted for 25% of the total number of projects; engineering Total contracting type accounts for 23% of the total number of projects; energy-saving guarantee type projects account for 20% of the total number of projects; maintenance service projects account for 9% of the total number of projects; energy cost trustee type projects account for 8% of the total number of projects.
    The specific distribution is shown in the figure below:
      3.
    China's contract energy management projects are led by construction projects
     
    3.
    China's contract energy management projects are led by construction projects
      According to the results of a survey and analysis of contract energy management projects conducted by the Energy Conservation Service Industry Committee of the China Energy Conservation Association (EMCA) in 2019, according to the three major areas of energy conservation, industrial projects account for 41% of the total number of projects; construction projects account for 41% of the total number of projects 43%, including 18% of public institution buildings, 25% of commercial and industrial buildings; 16% of the total number of public facilities projects.
      4.
    The number of energy-saving service companies and employees in China has grown steadily
     
    4.
    The number of energy-saving service companies and employees in China has grown steadily
      According to statistics from the China Energy Conservation Association, in the past ten years, the number of energy-saving service companies that implemented energy-saving projects using contract energy management mechanisms across the country has grown from three (Beijing EMCO, Liaoning EMCO, and Shandong EMCO) to 76 in 2005 , And further developed to 782 in 2010.

     

      From 2012 to 2019, the number of companies engaged in energy-saving service businesses across the country has increased year by year, but the growth rate has been slow.
    According to the "2019 Energy-saving Service Industry Development Report" issued by the China Energy Conservation Association, as of the end of 2019, there were 6,547 companies engaged in energy-saving services across the country, an increase of 108 over the previous year, an annual growth rate of 1.
    7%, and a decrease of 3.
    2% from 2018.
    Percentage points.
      From 2012 to 2019, the number of employees in China's energy-saving service industry has increased year by year, and the overall growth rate has shown a downward trend.
    As of the end of 2019, there were 761,000 employees in China's energy-saving service industry, an increase of 32,000 over the previous year, with an annual growth rate of 4.
    4%.
      5.
    The revenue of China's energy-saving service companies rose slightly and profitability fell slightly
     
    5.
    The revenue of China's energy-saving service companies rose slightly and profitability fell slightly
      In 2019, the average total assets of China's energy-saving service industry enterprises was 160 million yuan, an increase of about 6.
    7% year-on-year; the average annual total income was 79.
    76 million yuan, an increase of 1.
    4% year-on-year; the average profit was 8.
    99 million yuan, and the profitability was slightly higher than the previous year Decrease, the proportion of overdue accounts receivable in total assets increased to 9.
    2%, an increase of 0.
    5 percentage points from 2018, and the problem of collection is still more prominent.
      From the perspective of the operating income distribution of energy-saving service companies in 2019, the operating income of energy-saving service companies is mainly distributed between 20 million yuan and 100 million yuan.
      6.
    The scale of China's energy-saving service industry is stable and the growth rate has slowed down significantly
     
    6.
    The scale of China's energy-saving service industry is stable and the growth rate has slowed down significantly
      Since 2012, the domestic energy-saving service industry has experienced rapid development.
    In 2019, the total output value of China's energy-saving service industry reached 522.
    2 billion yuan, a year-on-year increase of 9.
    4%.
      7.
    Investment in energy efficiency projects is becoming more rational
     
    7.
    Investment in energy efficiency projects is becoming more rational
      With the rapid development of the domestic energy-saving service industry, the energy-saving service industry contract energy management (EMC) project investment has also grown rapidly.
    From 2012 to 2018, EMC's investment scale maintained a growth trend, and the investment growth rate declined.
    In 2019, my country's contract energy management investment achieved a negative growth of 2.
    6%, reaching 114.
    11 billion yuan.
      In recent years, the overall energy-saving capacity of China's energy-saving service industry has shown an upward trend, while the growth rate has continued to decline.
    In 2018, investment in energy-saving service projects corresponds to an annual energy-saving capacity of 39.
    3 million tons of standard coal, and an annual carbon dioxide emission reduction capacity of 106.
    51 million tons.
    Entering 2019, due to the slowdown in investment, the energy-saving capacity has slightly weakened.
    The investment in contract energy management projects corresponds to an annual energy-saving capacity of 38.
    01 million tons of standard coal, resulting in an annual reduction of 103 million tons of carbon dioxide.
      8.
    The energy-saving industry is approaching saturation
     
    8.
    The energy-saving industry is approaching saturation
      In January 2017, * issued the "Thirteenth Five-Year" Comprehensive Work Plan for Energy Conservation and Emission Reduction.
    By 2020, the national energy consumption per 10,000 yuan of GDP will be reduced by 15% compared with 2015, and the total energy consumption will be controlled at 5 billion tons.
    Within standard coal.
    The total emissions of chemical oxygen demand, ammonia nitrogen, sulfur dioxide, and nitrogen oxides nationwide were controlled within 2.
    01 million tons, 2.
    07 million tons, 15.
    80 million tons, and 15.
    74 million tons, respectively, down 10%, 10%, 15% and 15% respectively from 2015.
    15%.
    The total emissions of volatile organic compounds nationwide have dropped by more than 10% compared to 2015.

     

      After the "13th Five-Year Plan" is over, the "14th Five-Year Plan" will be ushered in.
    Energy conservation is the national development policy.
    It is forward-looking that the country will control energy consumption more and more, combined with the improvement of energy conservation innovation capabilities and energy conservation in the energy conservation service industry.
    Ability will also be strengthened accordingly.

     

      According to EMCA data in 2019, the total output value of my country's energy-saving service industry has increased from 165.
    3 billion yuan in 2012 to 522.
    2 billion yuan in 2019, and the growth rate has continued to decline.
    In recent years, favorable policies for my country's energy-saving service industry have been frequently issued, coupled with the country’s increasing emphasis on energy-saving and environmental protection.

     

      In the long run, as the scale of the energy-saving service industry continues to expand in the future, its development speed will slow down as the industry continues to approach saturation.
    By 2025, the total output value of the national energy-saving service industry will reach approximately 808 billion yuan.
      For the above data and analysis, please refer to the "Analysis Report on Market Outlook and Investment Strategic Planning of China's Energy Conservation Service Industry" by Qianzhan Industry Research Institute.
    At the same time, Qianzhan Industry Research Institute provides industrial big data, industrial planning, industrial declaration, industrial park planning, industrial investment promotion, IPO fundraising feasibility study and other solutions.

     

      Original title: Market status and development trend analysis of China's energy-saving service industry in 2020 The industry is close to saturation, and the development speed will slow down
     
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.