On June 13th, the Shenzhen Development and Reform Commission issued several measures to support the accelerated development of virtual power plants in Shenzhen. It proposed to achieve significant results in the integrated development of source network load and storage by 2025, establish virtual power plants with adjustable capacity of up to 1 million kilowatts, and gradually form stable regulation capacity of about 5% of the annual maximum load.

Affected by this news, the concept stocks of virtual power plants have risen sharply, and Yubang Power increased by the daily limit of 20cm. Autoser, SMS Electric, and Beijing Creative rose by 10cm, Integrated Electronic Systems increased by more than 6%, and Ningbo Jianan Electronics, Science and Tech Ways, and Hangzhou Zhongheng Electric rose by more than 5%.

Up to 15 million.

The Shenzhen Development and Reform Commission's Several Measures to Support the Accelerated Development of Virtual Power Plants mainly proposes 12 specific measures around 4 dimensions to promote the accelerated development of virtual power plants.

In the midst of its continued success, some investors are betting that the company's seemingly unstoppable rise is about to come to an end.Regarding the effective supply of key equipment products, the measures propose to support the R&D of critical technologies for virtual power plants, build a batch of key laboratories, enterprise technology centers and engineering research centers around key areas, and provide support for individual projectss up to a maximum of RMB 10 million yuan after evaluation.To encourage the large-scale production of key equipment for virtual power plants, for virtual power plants key core equipment industrialization projects such as V2G charging piles, distributed resource intelligent control terminals, distributed resource collaborative operation and management software, measuring communication chip modules, and computing chips, single projects will be supported up to a maximum of RMB 15 million yuan after evaluation.

In the midst of its continued success, some investors are betting that the company's seemingly unstoppable rise is about to come to an end.Regarding the promotion of intelligent transformations of buildings and parks, the measures propose to improve the application level of distributed photovoltaics, accelerate the connection of new distributed photovoltaic projects to the municipal virtual power plant management platform, improve the response capability of building and buildings, and prioritize the promotion of intelligent transformations in public institutional buildings, innovate smart power consumption modes in industrial and commercial parks, promote the intelligent transformation of industrial park power consumption and use, access the municipal virtual power plant management platform, and accelerate innovative energy storage and intelligent transformations around source-side, grid-side, and user-side.To promote efficient aggregation and precise response of distributed resources, the measures propose to support the installation of smart control terminals, support the installation of edge control terminals for charging stations, building air conditioning, chillers, 5G communication base stations, big data centers, dedicated distribution rooms, encourage the construction of virtual power plant resource aggregation platforms, encourage resource aggregation merchants to build resource aggregation platforms and connect to the municipal virtual power plant management center to participate in grid regulation, organize the implementation of precise responses to virtual power plants, and promote distributed resources to participate in various power market transactions.

In the midst of its continued success, some investors are betting that the company's seemingly unstoppable rise is about to come to an end.As for capital market new opportunities, the potential market of virtual power plants constantly expands. To achieve a significant result in the integrated development of source network load and storage, the measures propose to establish virtual power plants with adjustable capacity of up to 1 million kilowatts by 2025, and gradually form stable regulation capacity of about 5% of the annual maximum load.

The so-called "virtual power plant" refers to integrated electricity loads such as charging piles, air conditioners, energy storage systems, and electric vehicles scattered in the grid by using energy internet technology to create electricity resources with a certain scale and adjustable load resources.

The virtual power plant, like an "invisible power plant," has no factory building or unit, but can participate in power balance, improve the utilization efficiency of power resources, promote the consumption and effective use of renewable energy, and achieve large-scale application to release land resources in Shenzhen. "虚拟电厂"In recent years, from the higher-level government to the lower-level local governments, a series of policies have been introduced to promote the development of the virtual power plant industry.

The State Council issued the "Action Plan for Carbon Peak by 2030" in October 2021, proposing to guide virtual power plants to participate in the flexible regulation of the new power system.

In May 2024, the State Council issued the "Energy-Saving and Carbon-Reduction Action Plan for 2024-2025", proposing to vigorously develop new technologies and models such as micro-grids, virtual power plants, and vehicle-grid interaction.

The China Electric Power Supply and Demand Analysis Report 2024 predicted that China's total electricity consumption this year would reach 9.8 trillion kilowatt-hours. The new production scale of wind power and solar power generation will reach 90 million kilowatts and 240 million kilowatts respectively, and the cumulative installed capacity will exceed 40%. In this context, the potential market of virtual power plants continues to expand.
China Electric Power Association predicts that by 2025 and 2030, China's maximum power load will reach 1.63 billion kilowatts and 2.01 billion kilowatts, respectively. If it meets 5% of China's peak demand, the adjustable load demand of virtual power plants will reach 80 million kilowatts and 100 million kilowatts respectively. HTSC also stated that the size of China's virtual power plant market will reach 10.2 billion yuan by 2025, and the market size of virtual power plants is expected to reach hundreds of billions of yuan by 2030.

"Virtual Power Plants"

"Wind Power"