New energy to promote the development of wire and cable industry

2023/06/24
Author: EVCOME-EV Chargers Manufacturers

The rapid development of new energy requires a large number of supporting new energy cables, which is an excellent opportunity for the overcapacity of China's wire and cable industry. With the development of new energy in China, it is conceivable that for a long time in the future, the market will be oriented by special cables such as wind power cables, nuclear power plant cables, and solar power cables. It can be seen that the cable industry will benefit from the development of new industries such as new energy, which will rejuvenate the wire and cable industry. As an emerging industry, it is undeniable that the investment cost of the new energy industry is still high, especially in large-scale wind power bases. The investment scale of nuclear power plants is very high, and there are certain risks in the industry. However, in the short term, the country's new energy power generation will give priority The Internet policy provides a basic guarantee for the profitability of the new energy industry. Although competition in wind power equipment, polysilicon and other industries with potential excess capacity or low-level redundant construction is becoming fiercer, some enterprises are facing difficulties in their development. In recent years, good news about the new energy industry has continued, mainly due to over-exploitation of resources and uneven distribution of resources. The demand for special cables has promoted the development of the special cable industry and undoubtedly injected a strong impetus into my country's wire and cable industry. According to the "Renewable Energy Mid- and Long-term Development Plan" and "Nuclear Power Mid- and Long-term Development Plan" formulated by the state, in the next 10 years, my country's wind energy, solar energy, nuclear energy and other new energy industries will be in a stage of explosive growth. Wind energy cables, photovoltaic cables, The demand for special cables such as nuclear power cables is huge. Before 2020, under the background of national energy conservation, emission reduction and energy structure adjustment, the new energy industry will remain in the prosperous range, and the industry's profit level is expected to continue to increase. The development of the new energy vehicle industry will stimulate the growth of demand for new energy vehicle cables. In recent years, the new energy vehicle cable market has not met expectations, and many manufacturers have idle equipment. With the further advancement of the national new energy vehicle plan, the new energy vehicle cable market is expected to usher in substantial expansion. In addition, the market is extremely important for the supporting charging station facilities of new energy vehicles——The demand for charging piles is also gradually increasing. Equipment has been installed for several years. Since there is no order for charging pile cables, the equipment has been idle, hoping to see a better market prospect. However, it has recently been reported that the state plans to build an electric vehicle charging network worth 100 billion yuan, which undoubtedly gave cable companies a shot in the arm. The construction of the new energy infrastructure industry will drive urban development and promote industrial links such as research and development of auto parts, new energy vehicle charging facilities, energy storage power stations, new energy power generation stations, new energy power generation technology, and new energy vehicle services. The construction of the charging network will promote the popularization of new energy vehicles. Each city can provide 400 to 500 charging piles in the early stage to realize the popularization of charging networks in large and medium-sized cities. Whether it is from the perspective of industrial transformation or energy strategy, the future prospects of charging pile cables are broad. Many people in the cable industry believe that the charging pile cable industry will usher in huge room for development in the next five years. In his view, the development of charging pile cables in my country is far lower than that of European and American countries, and is still in its infancy. However, since the beginning of this year, the country has vigorously promoted the development of new energy vehicles, and formed a plan for the construction of supporting charging station facilities, and the development of charging pile cables will advance by leaps and bounds. The new energy industry and new energy vehicles have brought new opportunities to the wire and cable industry. Not only that, many downstream industries in the wire and cable industry have ushered in tremendous development, and the wire and cable industry has also benefited a lot. However, the wire and cable industry still needs to work hard on honing their in-house skills if they want to seize these opportunities. After all, there are many problems in the domestic wire and cable industry. How to successfully transform from an industry with severe overcapacity and frequent problems to an emerging industry, the wire and cable industry still needs a lot of work. China's wire and cable industry should seize this round of new energy development opportunities, improve product quality, occupy the market, and no longer miss opportunities in vain. .

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