Analysis of the Photovoltaic Market in China: Optimization of Industrial Chain and Prospect Forecast Under the ‘Double-Carbon’ Background

Abstract

Since the Paris Agreement was signed in 2016, the development of renewable energy has become a strategic consensus of all countries in the world. Since 2020, China has officially put forward the goals of “peak carbon dioxide emissions” in 2030 and “carbon neutrality” in 2060, and actively responded to the global proposition of sustainable development goals and carbon emission reduction in Paris Agreement. According to the statistics of the National Energy Administration, fossil energy such as coal, oil and natural gas accounts for more than 80% in China’s current energy consumption structure, while clean energy such as hydro power, wind power and natural gas accounts for only 25.5%. At the same time, China’s energy consumption is increasing year by year, with the total consumption reaching 5.24 billion tons of standard coal equivalent in 2021, and the reform of energy consumption structure is imminent. The new energy represented by photovoltaic is expected to become the main industry to achieve the goal of carbon neutrality in 2030. Based on the investigation of national and local statistical data, combined with the current development of clean energy and photovoltaic industry, this paper analyzes the operation status of leading photovoltaic enterprises, deconstructs the photovoltaic industry chain, extracts data, grasps the future development direction of photovoltaic industry, and reveals the shortcomings and loopholes in the development of photovoltaic industry. At present, the photovoltaic industry is subject to many industrial chain structures, and the market fluctuation between upstream and downstream industrial chains changes periodically. However, in the long run, the photovoltaic industry is on the rise. If the specific links in the industrial chain can be optimized and cost reduced, the coordination capacity within the industrial chain can be increased, the integration of the industrial chain can be realized as soon as possible, meanwhile, the coverage area of photovoltaic power stations can be promoted, the high-quality sunshine conditions in the western region can be fully utilized, and the regional economy can be driven by the development of photovoltaic industry, so that the promotion of green energy industry can be realized, the economic vitality of the western villages and towns can be developed, and the double cycle of domestic and international economy can be promoted.