Energy saving lighting into a hot investment in the next five years, CAGR up to $30%

Low carbon economy with low energy consumption, low emission and low pollution "as the main feature, in order to derive more investment in the main line, as the center mainly includes: energy saving (industrial energy efficiency, building energy saving, energy saving, automobile emission reduction (smart grid), environmental protection equipment), clean energy (clean energy production, transmission and use). Among them, including: industrial energy-saving heat recovery, process improvement, energy saving and energy-saving building materials; including: intelligent building, energy-saving appliances, energy-saving building materials, energy-saving lighting and other energy-saving car; mainly hybrid cars; new energy smart grid including power transmission and distribution link compatible application of UHV power grid construction, superconducting materials. With smart meters sectors; clean energy production including wind energy, solar energy, clean energy transmission; including: storage battery, the use of clean energy is mainly for electric vehicles.

In these investment lines, energy conservation, emission reduction and clean energy are the three main lines of low-carbon economy. The direct target of low carbon economy is the total emission control of pollutants and greenhouse gases, due to the new energy in the energy in a very low proportion in the short term, a substantial contribution to carbon emission reduction is limited, and the "energy saving" and "emission reduction" route substantial contribution to carbon emission reduction more. The short term, taking into account some short-term overvalued, industry overcapacity, investment progress than expected adverse factors, thickening performance obvious plate support investors concerned about the smart grid, energy-efficient lighting, nuclear power and other relatively reasonable valuation and benefit policy.

Energy conservation, new energy and environmental protection 2010-2020 investment CAGR:40.51%

National Development and Reform Commission Energy recently released the 2050 China energy and carbon emissions report, is expected to 2020, energy saving and new energy industries and other environmental protection industry at least 2 trillion yuan funding gap needs to be filled. In addition, according to the U.S. Energy Foundation and the national development and Reform Commission jointly predicted that from 2005 to 2020, China needs energy investment 18 trillion yuan. Energy saving, new energy and environmental protection needs of about 7 trillion yuan, the average annual energy conservation and environmental protection market size of $300 billion to $400 billion, while China's annual investment in this market is less than 100 billion yuan. The report predicts that, according to the current rate of investment growth, the annual funding gap of about 200 billion yuan, by 2020, energy saving and new energy industries and other environmental protection industry at least about 2 trillion of the funding gap needs to be filled. In order to present an annual investment of 100 billion yuan and 200 billion yuan per year is expected to fill the funding gap estimates, in 2010 the investment base is 100 billion yuan, as of 2020, a total investment of 30000 yuan, while saving energy, new energy and environmental protection investment for 40.51% years 2010-2020 CAGR.

Energy saving lighting 2010-2015 investment CAGR:30%

According to the development and Reform Commission and other six departments jointly issued in October 12th, "semiconductor lighting industry development advice," proposed that by 2015, the annual growth rate of semiconductor lighting industry output value of about 30%. For energy-saving lamps (fluorescent lamp), because of the difference of lighting manufacturers in the product structure, from lighting companies past sales revenue growth rate to measure the energy-saving lamp Market in the future growth rate may have large deviation, but you can consider the use of energy-saving lamps with upstream light rare earth luminescent materials market growth rate to measure the market prospect is mainly used the field of rare earth luminescent materials of energy-saving lamps will bring huge market demand for the rapid growth of rare earth luminescent materials. Since 2000, China's light rare earth luminescent materials market develops rapidly, the compound annual growth rate of more than 40%; the impact of the global financial crisis, in 2008 than in 2007 dropped to a certain extent, is expected in 2010 after the market will recover the growth rate of 30%. In addition, almost all developed countries in 2012 will ban the incandescent lamp, Chinese government began to accelerate financial subsidies to promote the use of energy-saving lamps in 2009, development space for the next 2-3 years upstream manufacturers to provide the expected clear.

CAGR:19.20% investment in smart grid 2010-2030

Nuclear power installed capacity 2010-2020 CAGR:21.73%

In addition, from the market point of view, compared to the new energy sector, energy saving lighting and smart grid there is a big room for growth.

Taking into account the factors of energy saving and emission reduction, energy saving lighting is undoubtedly the future investment hot spots, there are three reasons:

1 incandescent power consumption accounts for about 7% of the world's total electricity consumption and accounting for global energy related carbon dioxide emissions by 2%. Since 2007, almost all the developed countries and regions and many developing countries have formulated relevant policies and measures to promote energy-saving lamps to replace incandescent lamps pace, by 2012, almost all developed countries will ban the incandescent lamp. If the world from 2012 to stop the use of incandescent lamps, instead of using energy-efficient lighting, will save 5.5% of electricity per year, and reduce the amount of carbon dioxide emissions by about 5 million tons. At present, there are more than 15 billion incandescent lamps in the world, and the ratio of the application of incandescent lamp and energy-saving lamp is about 4:1. But in our country, the proportion of incandescent lamp and energy-saving lamp is about 7.5:1, and the popularity of domestic energy-saving lamp is far below the global average. At present, the main energy-saving lighting subsidies for energy-saving lamps (fluorescent lamp), the government has introduced the promotion of the use of energy-saving lamps (fluorescent lamps) supporting subsidies;

2, the national development and Reform Commission and other 6 departments jointly issued in October 12th, "semiconductor lighting energy conservation industry development advice," proposed by the year 2015 semiconductor lighting industry output value of the average annual growth rate of around 30%