21st Century Business Herald reporter Chen Zhi reported from Shanghai
As the country actively promotes the carbon peak carbon neutrality strategy, green insurance is ushering in new development opportunities.
Previously, the National Energy Administration issued the "Notice on Matters Related to the Development and Construction of Wind Power and Photovoltaic Power Generation in 2021 (Draft for Comments)", which proposed that the target of wind power and photovoltaic power generation in 2021 will account for about 11% of the total social electricity consumption, and the follow-up will increase year by year, reaching about 16.5% by 2025.
Industry insiders generally predict that the domestic photovoltaic market will usher in the growth of the total installed capacity of 300GW-400GW during the "14th Five-Year Plan" period, and in terms of proportion, distributed photovoltaics will generate at least 100GW of new scale. According to this speculation, if the annual installed scale of photovoltaics during the "14th Five-Year Plan" period is increased by 30GW, the corresponding insurance premiums in the photovoltaic field will increase by about 800 million yuan per year, and by the time the carbon peaks in 2030, the insurance scale of the domestic photovoltaic market is expected to exceed the 10 billion mark.
"In particular, the National Energy Administration issued the "Opinions on Submitting the Pilot Program for Promoting the Development of Distributed Rooftop Photovoltaics in the Whole County" (hereinafter referred to as the whole county promotion policy), which will greatly change the investment and operation mode of distributed photovoltaic power generation and bring new changes to the corresponding green insurance business." One pointed out to reporters. Compared with the previous distributed photovoltaic power generation is mainly based on the equipment manufacturer + dealer model, system integrator model, after the introduction of the "whole county promotion" policy, the local government platform model is increasingly rising, that is, more and more local governments, local state-owned enterprises, central enterprises have participated in it, one is funded by local governments to directly set up investment institutions, and the other is introduced by local governments or designated investors to set up investment institutions, and comprehensively promote the development of distributed rooftop photovoltaics in the county.
In his view, the rise of the local government platform model, there are advantages and disadvantages, the advantage is that the construction installation, operation and maintenance of household distributed photovoltaic power generation equipment have higher operational standardization and quality assurance, invisibly reducing the insurance company due to photovoltaic equipment construction installation is not passed, quality problems, operation and maintenance problems caused by the loss risk, in addition, the local government platform can further expand the county scope of distributed photovoltaic power generation insurance enthusiasm to ensure their own investment security, promote the sustained and rapid growth of green insurance scale. At the same time, the disadvantage is that insurance companies usually prefer to "disperse" risks, but the local government platform model makes risks relatively "concentrated", and puts forward higher requirements for the premium risk pricing of insurance companies and the risk aversion of various photovoltaic industries.
"With the vigorous development of green insurance, insurance products have covered many risk characteristics of the photovoltaic power generation industry." Xie Meng, deputy general manager of the property and casualty insurance department of Dadi Property & Casualty Insurance, said in an interview with this reporter on the sidelines of the "Distributed Photovoltaic Power Plant Whole Life Cycle Insurance Seminar Summit" held recently that the first is the risk of natural disasters, including the loss of power generation caused by insufficient lighting; followed by the risk of operation and maintenance, such as fire and explosion, including the loss of profits caused by improper operation of staff, which is also the scope of underwriting risks faced by insurance companies; the third is construction installation, quality risk, policy risk, etc.
He said bluntly that at present, The insurance solution in the field of photovoltaic power generation of Dadi Insurance has covered the entire operating cycle of photovoltaic products, and the most common building installation risks have included employer's liability insurance, design liability, etc.; property loss insurance that may be generated during the operation period of photovoltaic power generation has covered business interruptions, problems with the quality of photovoltaic module products, etc.; in addition, there are index insurance for solar power generation, compensation insurance for insufficient power generation, etc.
In Xie Meng's view, insurance companies need to effectively resolve many risks in the photovoltaic power generation industry and integrate resources from all sides. For example, under the promotion of the whole county, many counties and towns of photovoltaic power generation equipment is in different stages of installation, the difference in the natural environment around the country is also very large, so that insurance companies how to do accurate pricing, constitute a greater challenge; in addition, insurance companies are by charging premiums to transfer risks, in this process, how to strengthen cooperation with meteorological experts, there is a more forward-looking and accurate assessment of photovoltaic power generation in various places, thereby reducing their own compensation insurance compensation costs due to insufficient photovoltaic power generation, etc. All bring a lot of tests.
Wang Hui, chairman of Wuxi Yingzhen Technology Co., Ltd., revealed to reporters that they are actively cooperating with insurance companies, making full use of big data technology, AI technology and blockchain technology to properly resolve a series of uncertainties faced by the entire operating cycle of photovoltaic power generation products.
First of all, they will take precautions for the digital detection of photovoltaic optical resources - integrating a large number of historical and real-time climate data, combined with the data advantages accumulated by photovoltaic power plant operations, and making some forward-looking corrections to the parameters of the photovoltaic investment income model, so as to make the future income evaluation of photovoltaic power plants more transparent and accurate.
Secondly, in the actual operation process of the power station, because the investment in the distributed photovoltaic power station is relatively "small and scattered", it is difficult to apply some very high-precision instruments or very high-frequency offline survey equipment to diagnose the health of the photovoltaic power station, so they are trying to carry out the quality monitoring of the distributed photovoltaic power station in a relatively low-cost remote way, so as to assist insurance companies and other participants to have an early insight into the operation and maintenance risks of the corresponding distributed photovoltaic power generation equipment.
"At present, we are building a complete set of photovoltaic power plant asset evaluation system, including real-time monitoring, operation evaluation, system availability, local regional benchmarking comparison, loss potential analysis, etc., such as the impact of extreme climate change on the light conditions in various places will also be included, so as to help insurance companies better design insurance products to do a good job of risk management." Wang Hui pointed out.
Xiao Xuetong, vice president of Dadi Property & Casualty Insurance, said that at present, Dadi Property & Casualty insurance has participated in 25 years of photovoltaic function attenuation and quality assurance insurance, distributed photovoltaic power station reinsurance, online platform application power supply station, insurance collection and mining scheme, Jiangsu household power station co-insurance and other projects, and also cooperated with technology companies to create home photovoltaic power station insurance based on SaaS service management module. At present, Dadi Property & Casualty Insurance is working with many photovoltaic industries and insurance institutions to build an ecological alliance of distributed photovoltaic power plants "whole county promotion", combined with the strength of all parties to further effectively improve the risk management and risk protection capabilities of distributed photovoltaic power plants.
In the view of industry insiders, as the county promotes the policy to drive the continuous expansion of distributed photovoltaic power generation scale, the scale of many single photovoltaic power generation projects has grown at a geometric rate, and how insurance companies can do a good job in risk pricing and risk management is a new challenge. Among them, when the scale of distributed photovoltaic power plants reaches 400,000 volts, how to reduce the probability of accidents to reduce the pressure on compensation by insurance companies through effective risk management and quality control, and how to form a risk sharing model with all parties due to issues such as lighting, construction, and component quality to disperse their own compensation pressure, are new issues that need to be solved.
Xie Meng told reporters that with the promotion of the photovoltaic industry's "whole county promotion" measures, Dadi Insurance is cooperating with insurance brokerage companies to launch related insurance products, and as of now, the cumulative number of insured households has exceeded 30,000, and about 2,000 new insured households have been added every month.
"When distributed photovoltaic power generation entered the family before, our premium data was not very large, but we accumulated a lot of experience in industry products and services, such as in distributed photovoltaic power generation insurance (especially photovoltaic insurance products on a household-by-household basis), the business loss rate was about 42%, and the budget was still relatively high at the end of the insurance period." In general, in addition to cutting into insurance products, more insurance companies need to play a greater role in risk management services before, during and after the event. In the process of promoting the business of photovoltaic distributed power stations in the future, insurance companies need to focus on two directions - one is products; the other is risk management. He stressed.
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