Buildings are responsible for up to 24% of greenhouse gas emissions and account for over 40% of the world’s total primary electricity use. These numbers are increasing YOY due to the rising global population and improving living standards. The global landscape is likely to be confronted with energy shortage in the future, and unfavorable climate changes are quite evident. It has been established with sufficient evidence that the present energy generation system is not sustainable. There is a need to shift to renewable sources such as solar energy for clean and sustainable energy.

Meter data management system (MDM) is a software that performs long-term data management and storage for the massive quantities of data delivered by smart metering systems. This data consists primarily of usage data and events that are imported from the head-end servers managing the data collection in automatic meter reading (AMR) or advanced metering infrastructure (AMI) systems. This system is a component in the smart grid infrastructure indorsed by utility companies. This also includes meter data analytics, the analysis of data emitted by electric smart meters that record the consumption of electric energy. The adoption of technological advancement in metering technologies facilitates for measuring and monitoring the information. Adoption of advanced Metering Infrastructure offers financial and operational benefits and eradicates the need of on-site meter reading, response to power outages, and improves energy theft detection. It also brings financial gains to various utility companies through lessening the equipment and maintenance costs. It is an integrated system of communication, data management systems, and smart meters that enable communication between utilities and consumers. For instance, the government of India sanctioned about 12 smart grid projects in 2019, which includes the implementation of advanced metering infrastructure. Therefore, the adoption of advanced metering infrastructure is encouraging the adoption & growth of the meter data management system market. Moreover, smart city initiatives by developing countries are expected to create lucrative growth prospects for the meter data management system market worldwide.

The installed capacity of thermal power plants in China was 1,144 GW at end-2018, representing 60.2% of the country’s total capacity, having increased by 3% y/y. Both the share in total capacity and the y/y growth rate have been slowing down in recent years, in line with the country’s decarbonisation strategy and targets. In terms of investment in the Chinese electricity sector, the thermal sources recorded an 8.3% y/y decline in investment to RMB 78.6bn in 2018, from RMB 85.8bn in 2017. The ongoing replacement of thermal power by renewable energy in China can be gauged by the fact that in 2018, out of a total 128 GW newly added installed capacity in China’s electricity sector, 73% went to renewable energy capacity. The thermal electricity in China is almost entirely generated by coal-fired power plants.

Livent 是 FMC 单独拆分上市的专注于锂化合物的独立公司，近期发布 2020Q1 报告，我们对其经营情况进行跟踪点评，以此跟踪行业发展动态。 2020Q1 Livent 实现 0.69 亿美元收入，同比下滑 30%，环比下滑 12%， 调整后的 EBITDA 净利润 900 万元，同比下滑 66%，环比下降 44%。

消纳空间有望超预期，国内光伏装机有望超 45GW：据调研了解，能源局正组织电 网企业测算论证并将于近日发布，2020 年新增的新能源消纳空间大概率为光伏 45GW、风电 35GW，这是首次将风电、光伏单列，意义重大，超出市场预期。

新能源是能源供应体系的重要组成部分，是能源转型发展的重要力量，积极消纳清洁能源是贯彻能源生产和消费革命战略，建设清洁低碳、安全高效的现代能源体系的有力抓手，也是加快生态文明建设，实现美丽中国的关键环节。近年来，我国新能源产业持续快速发展，产业规模不断扩大，技术装备国产化水平持续提升，为缓解能源资源约束和生态环境压力作出突出贡献。