Text / "Shanghai Securities News" reporter Wen Ting

On September 27th, the national video conference on energy conservation and emission reduction was held. It was pointed out that China should focus on optimizing the industrial structure, promoting energy conservation and emission reduction, vigorously developing strategic emerging industries, accelerating the elimination of backward production capacity, and vigorously developing a circular economy. In addition, the "12th Five-Year Plan for Energy Conservation and Environmental Protection Industry Development" will be released at the 7th Environmental Conference held recently. Among them, the tax reduction and exemption for energy-saving and environmental protection enterprises, and the improvement of industrial concentration will be the highlights of the plan.

The State Council recently issued the "Twelfth Five-Year Plan for Comprehensive Energy Conservation and Emission Reduction" (hereinafter referred to as the "Program"), clarifying that "energy conservation and emission reduction" will continue to be an important factor in adjusting the economic structure, transforming the economic development mode, and promoting scientific development. Grasping hands and breakthroughs were promoted during the 12th Five-Year Plan period.

Among them, green lighting energy-saving renovation, energy-saving technology industrialization demonstration project, energy-saving products Huimin project have been listed as key energy-saving projects. In addition, in promoting commercial and civil energy conservation, the "Program" also clearly pointed out that it is necessary to speed up energy-saving renovation of facilities, strictly manage energy consumption, guide consumer behavior, and promote the use of high-efficiency energy-saving home appliances and lighting products among residents. And the "semiconductor lighting" was included in the "enhanced energy-saving emission reduction technology industrialization demonstration" project.

When “energy saving and emission reduction” became one of the key words of economic development, semiconductor lighting showed its indispensable strategic position. Relevant statistics show that lighting electricity accounts for 12% of total social consumption, and energy saving and emission reduction potential is huge. According to the "China's Roadmap for Eliminating Incandescent Lamps (Draft for Comment)" issued by the National Development and Reform Commission, by 2016, China will completely eliminate the use of incandescent lamps for general lighting, which is expected to save 48 billion kWh per year.

The reporter learned that a number of guiding policies on semiconductor lighting in the fourth quarter are expected to be introduced one after another, becoming an important boost for the implementation of “energy saving and emission reduction”. On the one hand, the Ministry of Finance is working with the NDRC and other competent authorities to plan subsidies for semiconductor lighting products, which are expected to be launched in the fourth quarter. In addition, the Ministry of Science and Technology's guidance on the implementation measures of “Ten Cities and Ten Thousand Miles” is also expected to be released in the fourth quarter.

The industry believes that this will further stimulate the LED lighting application market, accelerate the demonstration application and popularization of LED lighting, and is expected to fundamentally alleviate the pressure of overcapacity of the chip. By the end of 2015, China's LED lighting penetration rate is expected to reach or exceed 20 %.

Subsidy to stimulate LED lighting terminal applications

According to informed sources, the Ministry of Finance, together with the NDRC and other competent authorities, will soon subsidize semiconductor lighting products. It is expected to start in the fourth quarter and will give priority to product subsidies for indoor lighting and commercial lighting, such as downlights and spotlights, and then gradually expand subsidies. Strength and scope.

It is reported that the National Standardization Administration has completed the consultation of 23 LED national standards, and the industry believes that this has cleared the standard environmental barriers for the implementation of subsidies.

According to reports, the subsidy will be promoted together with energy-saving lamps and LED lighting, and then gradually expand the proportion and share of LEDs, and reduce the share and intensity of subsidies for energy-saving lamps. “Subsidies are more of a leverage to spur market applications.” The source said, “This will not only promote the expansion of semiconductor lighting applications in the primary market, but also drive commercial lighting in the second and third-tier markets.”

The reporter also learned that the Ministry of Science and Technology's guidance on the implementation measures of the “Ten Cities and Ten Thousand Cities” is also expected to be released in November, and will guide the implementation of the “Ten Cities and Ten Thousand Miles” project in various places to further standardize the implementation of policies.

The industry believes that a number of guiding policies will be issued in the fourth quarter, which will further stimulate the LED lighting application market. According to the forecast of the National Development and Reform Commission, during the "Twelfth Five-Year Plan" period, the LED industry is expected to achieve the goal of quadrupling. By the end of 2015, China's LED lighting penetration rate reached 20%. The industry is generally more optimistic, it is estimated that by 2015, China's outdoor LED lighting penetration rate of 60% -80%, indoor commercial LED lighting penetration rate of 25% - 30%, indoor home LED lighting penetration rate of about 5% ~ -10%, the overall penetration rate of LED lighting in the Chinese market will reach or even exceed 20%.

Local governments have already taken the lead in policy-driven market applications. It is reported that Guangdong Province has considered promoting LED lighting for free. According to its plan, next year is the year when LED lighting enters indoor lighting. By 2015, LED lighting will account for 30% of Guangdong indoor lighting. In the next two years, there will be more than 600,000 LED street lights to illuminate the night sky of the Pearl River Delta metropolitan area.

In addition, the “Interim Measures for the Administration of Special Funds for Semiconductor Lighting Application Engineering Grants in Ningbo” is also proposed. In 2011-2015, the municipal finance will allocate 10 million yuan each year, and the county (city) district and the management committee will arrange financial arrangements accordingly. The budget, set up a special fund for the subsidies and promotion of the “Ten Cities and Ten Thousands” semiconductor lighting application project in Ningbo. It is particularly noteworthy that in addition to road and landscape lighting, indoor lighting is also subsidized.

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