Obama's new energy policy led to new attention to energy-saving lighting

In the context of industrial restructuring, energy saving and environmental protection has become the direction of policy incentives. We believe that under the constraints of energy saving and environmental protection targets, the next few years to promote energy conservation efforts will likely exceed expectations. For investors, should focus on energy conservation and environmental protection in the middle of the opportunity.

First, policies to promote energy conservation, environmental protection, emerging industries opportunities

In the context of industrial restructuring, energy saving and environmental protection has become the direction of policy incentives. According to the 11th Five-Year plan, in 2010 before the unit GDP energy consumption decreased by 20%, sulfur dioxide emissions decreased by 10%, chemical oxygen demand decreased by 10%. For China's current economic development situation, the realization of the above energy-saving emission reduction targets is difficult, but it just reflects the next few years to promote energy saving and environmental protection will exceed expectations.

From the international experience, China's environmental input curve (ie, the proportion of investment in environmental protection accounted for GDP) is now just after the first turning point to accelerate the rise. "11th Five-Year" during the environmental protection investment in China will continue to grow rapidly, the proportion of GDP will increase 0.31 percentage points to 1.53%; in the long term, the ratio of the peak should be between 2.5% to 3%, is expected to put environmental protection Chinese curve therefore conservative rise period will continue for at least 10 years, the annual growth rate of 15% in the composite should be above.

In fact, Obama's new energy policy also led to the market for new energy, energy conservation and environmental concern. Obama's new energy attitude is more clear. He is more emphasis on energy independence, reducing U.S. dependence on foreign oil, emphasizing the responsibility to reduce greenhouse gases. In order to achieve this goal, Obama for ethanol fuel, hybrid vehicles, new energy sources are put forward a detailed policy objectives. Among them, the most noteworthy is the limits of renewable energy power generation quotas, that is, in 2013 10%, in 2025 the ratio of 25%, which means that the u.s..

Two, how to tap the opportunity of energy saving and environmental protection

Under the guidance of the idea of maintaining growth, the government has significantly increased the intensity of fixed investment. But it is worth noting that different areas of the investment is different, in general, investment still follow the adjustment of industrial structure, upgrade ideas; that is to say, in the future for a long period of time, energy saving and environmental protection will be one of the important direction of policy encourages.

According to the national planning, environmental protection equipment industry in 2010 will reach 120 billion yuan, the investment in environmental protection accounted for the proportion of GDP continue to improve in the background, related equipment, energy saving and environmental protection industry chain construction will usher in greater investment opportunities.

Investors should be how to dig energy-saving environmental protection opportunities?

Specifically, the areas involved in energy-saving environmental protection, including the field of industrial equipment, energy conservation and emission reduction, building energy efficiency, oil and oil alternatives, such as energy-saving lighting. Common industrial equipment such as boilers, including listed companies, including Huaguang shares, Dongfang Electric, and the recent listing of land and sea heavy industry, etc.. In addition, the introduction of Keda Electrical clean coal system is also worthy of attention. As a manufacturer of building ceramic technology and equipment, the company is the only company that can provide the technical equipment and the complete set of technical services. Recent research and development of the company's clean coal combustion system, the use of inferior coal fired ceramic to provide heat, save about 30% of the cost of heat than the general. If this system can be successfully promoted, the company will face the opportunity to leapfrog development.

Building energy efficiency, the field is still in its infancy, the rapid development of the industry is still a lack of strong driving factors. At present, attention can be engaged in the construction of intelligent gas Tellhow, energy-saving glass and CSG A. Saving and substitution of oil field, can benefit from attention to national emission standards for three Weifu, and coal chemical industry. Among them, the prospect of coal methanol, two ether is relatively optimistic. At present, the planning of large-scale coal energy, Yanzhou coal and Guanghui shares. China coal energy 4 million 200 thousand tons of methanol, 3 million tons of dimethyl ether two. 08 years of construction, construction period of three years. Yanzhou coal industry plans 5 million tons of methanol, a period of about 600 thousand tons in the second half of the year put into operation in 08. Guanghui shares of methanol, two tons of dimethyl ether production capacity of 800 thousand tons, is expected to be completed and put into operation in 09 years.

Lighting energy saving, Zhejiang sunshine is Asia's largest energy-saving lamp production enterprises, Jiangxi production base put into operation at the end of this year, the company's production capacity problems will be solved. At present, the stock price has fully reflected the negative impact of appreciation, taking into account the current valuation is not high, the role of good policy, the company has a certain short-term opportunities. In addition, LED lighting as the fourth generation lighting source, due to the energy saving effect, bright light, long life and other characteristics, LED has begun a large number of applications in mobile phones, LCD TV, PC and other products. At present, enterprises engaged in the LED industry have LIAN optoelectronics, micro Bo, Fang big, with the shares of the same side. LIAN is China's early involvement in the LED industry enterprises, with a LED epitaxial, chip, packaging and other complete industrial chain. Silan with the same side were mastered the MOCVD device for blue-green chip epitaxial growth technology, profitability is better than LIAN.