Looking at the energy strategies of developed countries in the world in recent years, the development of new energy has become an important energy layout of developed countries in the world. The development of the new energy industry and the vigorous promotion of a low-carbon economy have reached consensus in countries around the world. After several years of development in China's new energy industry, major changes have taken place in both the policy environment, technology and market environment. The new energy industry has been identified as a key strategic emerging industry in my country. The advancement of technology and the increase in the number of enterprises have led to an increasingly fierce industrial competition environment, and the increasingly mature domestic market has increasingly strengthened the driving force for industrial development. The development and utilization of new energy has become a hot industry in my country in recent years, and the development situation is in full swing. The new energy industry is becoming a sunrise-type investment industry in my country. In the next five years, driven by national policies and new energy technologies, my country's new energy industry will continue to maintain a good development trend. At the same time, the rapid development of new energy cable markets such as wind power cables, nuclear power cables, and photovoltaic cables has been born. Although my country is a big cable country, it is not a cable power country. my country's cable industry is still in an emerging, low-tech state, with weak independent innovation capability, unreasonable product structure, overcapacity for mid-to-low-end products, and a low proportion of high-tech, high-value-added products. In this context, technological innovation is imperative, new energy cables emerge as the times require, and the market prospect is good. Although the prospects are optimistic, the investment of enterprises needs to be rational and not too blind, resulting in excess production capacity. At present, many large cable companies have expressed the idea of entering the field of special cables for new energy. These companies not only have a certain technical foundation, but also have abundant funds. Therefore, avoiding repeated investment and excess capacity will become a problem that the new energy cable industry must face. For the new energy cable market itself, the market determines the development of enterprises and the transfer of research and development direction. Nowadays, the development of the new energy industry is still immature, and there are many aspects that need to be improved. Investing in new energy cables needs to be cautious. Once there are too many participating companies in the field of new energy cables, it will inevitably lead to vicious price wars, which will easily lead to companies reducing costs for the sake of interests, and ultimately make it difficult to guarantee product quality, forming a vicious circle. Wire and cable enterprises should increase investment in R&D and production technology, provide more products with independent intellectual property rights, and regulate the market, maintain the healthy and orderly development of the market, and enhance the international competitiveness of the entire Chinese cable market. China's dream of becoming a Power Cable power is fueled.
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