A liquidação do comércio chinês russo em moeda local é expandida ainda mais! É hora de considerar o mercado de energia no próximo ano!

autor: SUNPRO POWER Marketing

2022-11-22

These days, as the temperature continues to drop, the light snow solar term will be ushered in on the 22nd of this month, marking the beginning of the snow season this winter. The heating supply in many countries will also enter the peak period after this, which is accompanied by an increase in energy consumption. The topic of energy will still be a hot topic in this winter. Russia is undoubtedly the center of the discussion.

Since this year, although the Russian economy has experienced dramatic fluctuations due to the impact of economic sanctions, Russia has always maintained stable growth with its energy advantage. Among them, China Russia trade may further expand the scope of cooperation this year. And this is also a very important hot topic for the Russian energy market. In this issue, we will learn more about China Russia energy trade.

The proportion of Russian Chinese local currency settlement expanded

According to the Russia Today (RT) report, on the 18th local time, Russian Deputy Prime Minister Novak said that this year, the energy trade volume between Russia and China has increased by 64%, and the trade volume has increased by 10%. The two sides will further develop trade relations, especially further expand the proportion of energy trade between the two countries settled in local currency.

In fact, as early as the beginning of April this year, the official said to the outside world that the agreement on the settlement of oil and coal exports to China in RMB was ready. The Russian Ministry of Finance and the Central Bank are refining this approach. On this basis, Russia will gain export opportunities from Europe to the Asia Pacific region.

Enhance local currency exchange and accelerate de dollarization

In recent years, Russia and China have increasingly used their own currencies to settle their trade, and Russia has also been steadily promoting the process of de dollarization of foreign trade. Especially since this year, the proportion of RMB settlement has been continuously increased. In addition to the increasing use of RMB in trade settlement, some Russian enterprises have started to issue RMB denominated bonds, and some banks have also started to provide RMB deposits.

Many energy projects, such as "Siberian Power - 2", are settled in the ruble + RMB, with a 50:50 ratio. According to the data of the General Administration of Customs of China, in July this year, China imported 742.1 tons of Russian coal and 7.145 million tons of oil. This enabled Russia to become China's largest oil supplier for three consecutive months, setting a record for the highest monthly trading volume in five years.

In August, China's total coal imports from Russia (Screenshot of the website of the General Administration of Customs of China)

According to this data, Reuters predicted that the record would be refreshed this year, and it was expected that more Russian energy would flow into China in the fourth quarter of this year.

In terms of trade volume, the actual growth of oil, natural gas, coal and electricity supply is about 10%. The ruble can also be used to settle various equipment purchased from China. " This will help Russian local enterprises to buy and sell energy equipment and realize energy trading.

It is worth mentioning that other countries will also consider using RMB to settle their trade with Russia, for example, Indian cement producers will also use RMB to settle their purchases of Russian coal.

Accelerated transformation brought by energy crisis

In terms of the current global energy structure, the traditional energy represented by oil and natural gas is still the main position. However, affected by the recent energy crisis, it has also accelerated the progress of energy transformation in many countries.

According to the prediction of the Global Times, based on the current investment rate of renewable energy in various countries, the effect can be seen in two to three years to ease the energy crisis.

Since then, traditional energy will face the continuous compression of the market, and then traditional energy enterprises will face the choice of business expansion and transformation.

Therefore, many energy enterprises have begun to plan their new business plans for next year or even the strategy of 2024. Among them, there are many oil tycoons, and even business giants like IKEA are investing in the field of renewable energy.

As the fifth largest power producer in the world, the Russian government has also introduced support policies such as the renewable energy development plan and Decree 449. To actively promote the development of renewable energy.

According to official data of Russia, the installed capacity of photovoltaic power generation in Russia has grown rapidly driven by policies.

By the end of 2019, the cumulative installed capacity of photovoltaic power generation in the country has reached 1.2 GW. Russia has planned to extend the renewable energy electricity subsidy to 2035 and make additional investment.

The International Renewable Energy Agency (IRENA) predicted that by 2030, Russia has the potential to increase the installed capacity of solar energy to 5 GW. Distributed photovoltaic power generation will become the main installation type in remote areas of Russia.

In this context, it can be seen that Russian energy enterprises have always been enthusiastic about investing in renewable energy projects. But is the PV project really ideal for Russia, which has a large land area in the Arctic Circle? The answer is yes.

There are still a lot of undeveloped irradiation resources

According to the survey data, the total potential of solar energy development in Russia is equivalent to 2.3 trillion tons of standard coal. Among them, the regions with the greatest potential for solar radiation are the North Caucasus, the Black Sea and the Caspian Sea, as well as southern Siberia and the Far East. The average annual daily radiation in the southwest and southern regions of Russia is 3.5-4.5 kilowatt hours per square meter. In summer, the daily radiation in some regions is as high as 6 kilowatt hours per square meter, equivalent to the annual power generation of 1200-1500 kilowatt hours per square meter, which is much higher than the solar radiation intensity in Germany.

However, at present, these potentials have not been fully exploited.

From the perspective of Russia's primary energy consumption structure in 2020, natural gas accounts for 52%, oil 23%, coal 12%, nuclear energy 7%, and hydropower and other renewable energy together account for only 7%. It can be inferred that Russia's photovoltaic market still has great potential.

It is not difficult to understand why many enterprises will invest in the photovoltaic field. However, there are also reasons why Russia has not been fully developed until now. The most realistic difficulty is the climate problem.

Primary energy consumption structure of Russia in 2020 Data source: BP, Xinhu Research Institute

Adapt to harsh frozen soil environment

From the above data, we can know that Russia's photovoltaic market has great potential, but its climate characteristics will also have an impact on the operation of photovoltaic. The most direct problem is the generation efficiency and loss.

Therefore, the quality requirements for photovoltaic modules are very strict. They must not only withstand high wind pressure and snow pressure, but also ensure the low light efficiency. If there are relevant projects in such regions, or if you want to expand the market in such cold regions as Russia, we recommend using this HJT heterojunction module

SP-120DSXXX, with strong weak light performance and excellent quality, can adapt to the wind and snow weather in alpine regions.

A. The maximum power is 400W, 120 pcs HJT Mono crystalline silicon battery.

B. 12 bus bar design, good conduction performance, maximum efficiency up to 22.0%.

C. Compared with conventional components, it has stronger weak light performance, and the linear attenuation rate can be maintained at about 88% after 30 years of use.

D. Double sided glass, improve power generation efficiency, block water vapor penetration, reduce the probability of PID, delay aging, improve flame retardant performance, and make it easier to clean

E. Quiet operation, no need to worry about noise pollution.

F. Flexible installation, both on the ground and on the roof, making effective use of space. It is a very good choice to install it on the factory roof.

G. There is no need for additional raw materials, no emissions, 12 hours a day, and power can be generated throughout the year.

H. Longer service life, 15 year warranty, 30 year performance guarantee.

I. Strong environmental pressure resistance, able to withstand 2400Pa wind pressure and 5400Pa snow pressure.

J. It has won TUV, CE, ISO and other international quality certification and fire protection certification to ensure the efficient operation of products.

For those who want to make field trips, SUNPRO POWER has sales and service outlets in many countries around the world. You can pick up goods nearby and greatly shorten the construction time, which is a great advantage for the project.

If you are in Russia, you will be closer. We are an enterprise founded in China. Recently, China's epidemic opening policy has also been relaxed. You can arrange a trip a week in advance to visit us on the spot.

If you have related projects recently, or are interested in solar energy, you can contact us for more information and products. We can also provide professional consultation and project scheme design.