Core Viewpoint - The successful repair of the Suzhou converter station, crucial for nearly one-fifth of Suzhou's power supply, was completed in five days with zero defects, showcasing the dedication and resilience of the workforce under extreme conditions [1][4]. Group 1: Incident Overview - On June 30, operational personnel at the Suzhou converter station detected a rising trend in gas levels, indicating potential overheating issues in the converter transformer, which is vital for the station's operation [4]. - The Suzhou converter station is a key hub in the national "West-to-East Power Transmission" strategy, with a maximum transmission capacity of 7.2 million kilowatts [4]. - Following the detection of the fault, an emergency repair operation was initiated, with a target to complete the repairs within five days due to peak electricity demand [4][5]. Group 2: Emergency Response - The emergency response team, comprising 39 professionals and various vehicles, was mobilized within half an hour of receiving the directive [4]. - By July 2, the faulty converter was successfully switched to maintenance mode, and an emergency repair plan was developed, including 13 risk prevention measures [5]. - The team faced significant challenges, including the need to replace a 481-ton transformer while ensuring the safety of surrounding equipment [8]. Group 3: Repair Process - The repair process involved extensive testing and verification of the replacement transformer, which was completed within 12 hours, demonstrating the team's efficiency and commitment [8][10]. - The dismantling of the faulty transformer began on July 3, with careful coordination to avoid damage to other equipment [10]. - By July 7, the repair work entered the final inspection phase, emphasizing the importance of detail and safety in the completion of the project [10]. Group 4: Post-Repair Actions - Following the successful energization of the converter station, ongoing inspections and risk assessments will continue to ensure the reliability of the power supply during peak summer demand [11].

"监测点位位移小于40毫米，未超过阈值范围，设备运行正常！"7月9日，黄石大冶±800千伏特高压永兴 换流站值班员李瑶认真记录北斗地质沉降监测系统监测的数据，保障电网设备安全稳定运行。国网湖北 省电力有限公司在黄石部署湖北省首套北斗地质沉降监测系统，以数智科技助力特高压电网安全运维， 助力迎峰度夏期间电网安全运行。 湖北地质灾害多发、易发、频发，为解决以往地质监测依赖人工、频次较低、精度不够等痛点，湖北电 力创新应用高精度北斗定位技术，研发北斗地质沉降监测系统，实现监测目标毫米级定位、监测数据毫 秒级响应，以智能化、精准化运维，助力特高压电网安全稳定运行。 北斗地质沉降监测系统是湖北电力自主研发的基于北斗高精度卫星定位技术的地质监测系统。该系统采 用高精度定位算法与多源数据融合技术，结合换流站地质结构特点，能够监测电网设备是否发生水平、 左右、上下的毫米级偏移。 据悉，黄石大冶±800千伏永兴换流站建设在平原填方区，梅雨季节长期降水会导致地质出现沉降现 象。换流站电压等级高，负荷大，一旦出现地质问题，会导致设备不符合安全距离，造成设备之间放电 乃至形变、倾倒。湖北电力克服高电压环境作业、复杂地形布线等挑战，将 ...

Core Insights - The report highlights the continued dominance of renewable energy in China's power sector, with a significant acceleration in the green and low-carbon transition [1] Group 1: Market Transactions and Growth - In 2024, the total market transaction volume reached 6.18 trillion kilowatt-hours, a year-on-year increase of 9.0%, accounting for 62.7% of total electricity consumption, up 1.3 percentage points from the previous year [2] - Renewable energy's market participation reached 1.01 trillion kilowatt-hours, representing 55% of total renewable generation [2] - The issuance of green certificates reached 4.734 billion, a year-on-year increase of over 28 times, with a total trading volume of 446 million certificates, quadrupling from the previous year [2] Group 2: Electricity Consumption Trends - In 2024, total electricity consumption was 9.85 trillion kilowatt-hours, growing by 6.8%, with the secondary industry contributing nearly half of this growth [4] - The secondary industry's electricity consumption was 6.39 trillion kilowatt-hours, up 5.2%, making up 64.8% of total consumption [4] - High-tech and equipment manufacturing sectors saw a significant increase in electricity usage, with solar equipment manufacturing up 19.2% and new energy vehicle manufacturing up 34.3% [4][5] Group 3: Supply Side Developments - By the end of 2024, total installed power generation capacity reached 3.35 billion kilowatts, a year-on-year increase of 14.6%, with solar power capacity growing by 45.4% [7] - Non-fossil energy sources accounted for 87.3% of new installed capacity, with wind and solar power making up 82.6% of the total new capacity [7] - Total investment in power generation projects reached 1.2094 trillion yuan, a year-on-year increase of 13.2%, with non-fossil energy investment accounting for 84.6% of total investment [7] Group 4: Reliability and Quality of Renewable Energy - The installed capacity of wind and solar power reached 1.41 billion kilowatts, surpassing coal power for the first time [8] - The reliability of solar power was recorded with an equivalent availability factor of 99.84%, indicating a shift towards high-quality development in renewable energy [8]

Core Viewpoint - The establishment of a normalized electricity trading mechanism across different grid operation areas marks a significant step towards building a unified national electricity market in China, facilitating the efficient flow and optimization of electricity resources nationwide [1][5][10]. Group 1: Market Structure and Changes - The electricity market in China has historically been divided between the State Grid and the Southern Grid, which has led to market isolation despite physical connections [2][3]. - The new trading mechanism allows for the seamless flow of electricity resources across these two major grids, overcoming previous market segmentation and enhancing the utilization of transmission channels [2][5]. Group 2: Implementation and Mechanism - The plan outlines a phased approach to establish a cross-grid trading mechanism, starting with foundational work and gradually expanding to a fully integrated system [5][6]. - Key features of the mechanism include differentiated trading rules for various scenarios, ensuring efficient resource allocation while maintaining operational flexibility [6][7]. Group 3: Economic and Environmental Impact - The normalized trading mechanism is expected to significantly enhance market vitality and expand market space, allowing diverse power generation resources to flow efficiently across the country [8][9]. - It aims to improve the consumption of clean energy by creating stable and efficient channels for hydropower and wind resources to reach high-demand areas, addressing issues of resource wastage [8][9]. Group 4: Future Developments - The government plans to construct more cross-grid transmission channels to further enhance the interconnectivity and mutual support of electricity resources, promoting the large-scale development of renewable energy [10]. - The mechanism is seen as a crucial step towards achieving a clean, low-carbon, and efficient modern energy system, reshaping the green landscape of China's economy [10].

Core Viewpoint - The establishment of a nationwide unified electricity market system in China marks a significant transformation in the allocation of electricity resources, enhancing market efficiency and supporting the country's energy transition goals [1][5]. Market Mechanism and Structure - The basic market mechanism has been established, with a unified "1+N" rule system being developed, including long-term, spot, green electricity, and green certificate trading rules [1][2]. - A multi-level market framework has formed, covering various regions and timeframes, and including different trading products such as electricity and ancillary services [2][3]. Market Growth and Transactions - The scale of market transactions has seen substantial growth, with cross-provincial market transactions expected to reach 1.4 trillion kilowatt-hours in 2024, a tenfold increase since 2016 [2][4]. - The total market transaction volume increased from 1.1 trillion kilowatt-hours in 2016 to 6.2 trillion kilowatt-hours [2]. Regional Market Developments - The construction of provincial electricity spot markets has accelerated, with 22 regions now covered, and several provinces transitioning to formal operations [3][4]. - The Southern Regional Electricity Market has achieved significant milestones, moving towards a unified market and competitive bidding [3]. Cross-Regional Trading Mechanisms - A breakthrough in cross-regional electricity trading has been achieved, with normalized operations between the State Grid and Southern Grid, marking a key advancement in the unified electricity market [4]. - By 2024, market-based electricity transactions are projected to account for 63% of total electricity consumption, highlighting the growing role of market mechanisms in resource allocation [4][5]. Integration of Renewable Energy - The integration of renewable energy into the electricity market is accelerating, with market transactions for renewable energy expected to exceed 1 trillion kilowatt-hours in 2024 [5]. - The unified electricity market system is crucial for supporting China's energy structure transformation and achieving carbon neutrality goals [5].

Core Viewpoint - The establishment of the Laos National Transmission Network Co., Ltd. and the successful completion of comprehensive upgrades at the Naxaythong and Luang Prabang 2 substations signify a significant enhancement in Laos' national power grid, focusing on equipment, management, and cultural improvements [1][6]. Equipment Renewal - The Naxaythong and Luang Prabang 2 substations are critical hubs in Laos' national transmission network, with comprehensive upgrades initiated in January. The project team identified 54 equipment defects, including 37 new and 17 historical issues, through pre-testing and inspections [2][3]. - Safety issues such as direct current grounding and discrepancies in secondary wiring diagrams were addressed, and advanced sealing techniques were applied to 260 terminal boxes to mitigate risks from rain and small animals [2][3]. Management Innovation - The project team developed a series of core management standards and operational guidelines tailored to the substations, laying a solid foundation for standardized management in Laos' power grid [3][4]. - A closed-loop control mechanism was established for defect management, ensuring a systematic approach to equipment maintenance and operational safety [3][4]. Talent Development - A multi-layered training system was created to enhance the professional skills and safety awareness of maintenance personnel, including the establishment of a "China-Laos Craftsman Alliance" for immersive learning experiences [4][5]. - Specialized training programs were implemented for local employees in China, covering theoretical and practical aspects, with rigorous assessments to ensure mastery of essential skills [4][5]. Image Update - The comprehensive upgrades resulted in a significant transformation of the substations' appearance, enhancing safety features and overall aesthetics [6][7]. - New signage systems and safety reminders were installed to minimize operational errors, reinforcing the principle of "safety first" in all work processes [6][7].

Core Insights - The "14th Five-Year Plan" has achieved remarkable progress in energy development, with eight key indicators exceeding expectations [1] - The establishment of a national unified electricity market system marks a significant milestone in China's economic reform [3] - The comprehensive energy production capacity and efficiency have been optimized, contributing to the overall economic stability and growth [4] Energy Development Achievements - The national market-oriented electricity trading volume is projected to account for 63% of total electricity consumption by 2024 [2][4] - China's power generation capacity accounts for one-third of the global total, with energy self-sufficiency maintained above 80% [5][6] - Renewable energy generation capacity has more than doubled since the end of the "13th Five-Year Plan," reaching 2.09 billion kilowatts [10][11] Green Energy Transition - Each unit of electricity consumed now includes one-third from renewable sources, reflecting a significant shift towards cleaner energy [8][9] - The total number of electric vehicles in China is expected to reach 31.4 million by 2024, a fivefold increase from the end of the "13th Five-Year Plan" [21][22] - The energy consumption per unit of GDP has decreased by 11.6% over the past four years, equivalent to a reduction of 1.1 billion tons of carbon dioxide emissions [23][24] Infrastructure and Regional Development - China has built 44 ultra-high voltage transmission channels, enhancing energy distribution capabilities [16] - The northeastern region's crude oil production is projected to account for 21% of the national total by 2024, supporting energy security [14][15] - The economic output of the three major regions (Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong-Hong Kong-Macau Greater Bay Area) is expected to exceed 40% of the national total by 2024 [15]

6月27日，由国务院国资委组织举办的新能源汽车产业人才特训班开班。国务院国资委党委委员、副主 任袁野出席开班式并讲话。 近段时间，国务院国资委连开多期人才特训班，分别聚焦新能源、新能源汽车产业、人工智能、新一代 移动通信、工业母机领域，释放了强化人才队伍建设的强烈信号。 袁野强调，要深入学习贯彻习近平总书记关于发展新能源汽车的重要指示精神，贯彻落实党中央、国务 院决策部署，围绕加快发展新能源汽车产业，着力提升科技领军人才的技术路线规划和技术创新引领能 力，着力提升青年拔尖人才的智能化开发能力，着力提升营销领军人才的用户需求洞察能力、数字营销 实战能力，着力提升汽车产业数字化转型人才的数字化规划和落地执行能力。要加强组织管理，抓好课 堂教学、实践研学等各环节工作，大力弘扬学习之风、朴素之风、清朗之风。 本次特训班由中国一汽、东风公司和长安汽车承办，共有22家企业的100名学员参训。国务院国资委有 关厅局负责同志、有关中央企业负责同志参加开班式。 国务院国资委举办中央企业新能源领域人才特训班 6月5日，由国务院国资委主办的中央企业新能源领域人才特训班开班。国务院国资委党委委员、副主任 谭作钧出席开班式并讲话。 谭 ...

Core Viewpoint - The Southern Regional Electricity Market has officially launched its continuous settlement trial operation, marking a significant milestone in the electricity market reform initiated ten years ago in China [1][2][3]. Group 1: Market Launch and Structure - The continuous settlement trial operation covers five provinces: Guangdong, Guangxi, Yunnan, Guizhou, and Hainan, and is part of a broader effort to reform the electricity system in the southern region [1]. - The Southern Energy Regulatory Bureau has developed a regional market rule system characterized as "1+N+5X," which integrates national rules and regional frameworks while ensuring comprehensive participation from various market entities [1][2]. Group 2: Collaborative Governance and Innovation - A collaborative governance model has been established, involving government, grid operators, and market participants, to ensure synchronized policy-making and market practices [2]. - The Southern Energy Regulatory Bureau has initiated 12 key projects, including market liberalization for priority generation plans and cross-province congestion management, to address challenges in the reform process [2]. Group 3: Future Directions and Challenges - The launch of long-cycle settlement trial operations represents a comprehensive evaluation of ten years of research and will test the market operation and regulatory capabilities [3]. - The Southern Energy Regulatory Bureau aims to ensure the stability of the reform process and contribute replicable practices and regulatory solutions for the national unified electricity market [3].

Industry News - The National Energy Administration reported that the national electricity load reached a record high of 1.465 billion kilowatts on July 4, an increase of approximately 200 million kilowatts compared to the end of June, marking a year-on-year growth of nearly 150 million kilowatts [3] - The Ministry of Commerce announced that the total sales of electric bicycles through trade-in programs reached 24.77 billion yuan in the first half of the year, with a month-on-month growth rate of 113.5% [3] - China's largest medium and shallow coalbed methane field, the Shanxi Qinxin Coalbed Methane Field, has surpassed a cumulative gas production of 20 billion cubic meters, becoming the first coalbed methane field in the country to achieve this milestone [3] Corporate News - The Zhejiang Beilun Power Plant, the largest under construction in China, successfully put its 8th unit into operation after 168 hours of full-load testing, enhancing electricity supply during high-temperature weather [5] - The second phase of the largest integrated solar energy, power storage, and charging station project in China's offshore oil and gas equipment manufacturing sector has been fully operational, marking a significant breakthrough in green development [6] - The world's first set of 130-ton ultra-heavy mining equipment has been developed and launched by the Taiyuan Research Institute of China Coal Technology and Engineering Group, overcoming technical challenges in the safe and efficient transportation of mining equipment [7] Local News - The Yunnan Electric Power Company reported that the electricity market transaction volume in Yunnan exceeded 100 billion kilowatt-hours in the first half of the year, reaching 105.26 billion kilowatt-hours, a year-on-year increase of 6.2% [9] International News - Eight major oil-producing countries have decided to increase production by 548,000 barrels per day in August, as announced by OPEC [10] - The Czech Republic's electricity supply is gradually recovering after a major outage affected eight substations, with no indications of a cyber attack or terrorism [11] - Ecuador's national oil company announced a temporary halt to oil exports due to an emergency situation with the cross-Ecuador pipeline system, resulting in a production decrease of 132,505 barrels in the first two days of July [12]