中新社北京1月20日电 (记者 王梦瑶)据中国国家能源局20日消息，2026年中国用电负荷三创冬季新 高，冬季负荷首次突破14亿千瓦，最高达14.17亿千瓦，单日用电量首次在冬季突破300亿千瓦时。 全社会用电量维持高位。今年以来，全国日用电量持续维持高位，1月5日单日用电量首次在冬季突 破300亿千瓦时大关，1月5至7日、1月19日单日用电量均超300亿千瓦时，中国冬季能源保障能力进一步 提升。 国家能源局表示，下一步将指导督促各地、有关电力企业做好度冬保暖保供各项工作，逐日跟踪监 测重点地区电力供需变化情况，及时协调解决潜在风险和问题，全力确保各地电力平稳供应和民众温暖 过冬。 度冬以来中国用电负荷屡创新高。1月4日，全国最大电力负荷达到13.51亿千瓦，首创冬季负荷历 史新高。1月18日以来，受大范围寒潮天气影响，全国电力负荷快速攀升，3天内负荷增加1.5亿千瓦， 相当于日本全年最大用电负荷；19日起连续两天创冬季历史新高，19日达13.79亿千瓦，20日首次突破 14亿千瓦，最高达14.17亿千瓦。入冬以来，华北、西北、东北3个区域电网和新疆、西藏等12个省级电 网负荷75次创历史新高。 ...

2025年，中电联深入贯彻落实国家"一带一路"倡议，紧密对接电力央企海外项目人才培养需求，推动4 家海外评价基地纳入电力行业技能人才评价体系，并首次圆满完成在柬埔寨、缅甸、乌兹别克斯坦等国 的企业人才技能评价工作。这标志着中国电力行业技能评价服务"走出去"实现重大突破，为推进海外技 能人才评价、服务海外中资企业、促进技术技能国际交流开辟了新路径。 为推动海外培训评价工作常态化，中电联开展了海外评价基地征集建设工作，组织国内顶尖行业专家团 队，指导中广核非洲能源公司(塞内加尔)、华电柬埔寨西港发电厂(柬埔寨)、大唐布卡新能源开发有限 责任公司(乌兹别克斯坦)、恒华职业技术学院(卢旺达)4家单位，构建培训评价工作体系，编制工作流程 制度，培养管理和师资团队，升级场地和设备设施条件，使其达到了国内中等评价基地要求，具备开展 常态化培训评价的条件。 随着"一带一路"能源合作持续深化，中国大唐集团境外项目本土化率稳步提升，外籍员工已成为保障电 站安全运行的重要力量。针对"无标准可依、无认证可考"的现实困境，中电联人才工作办公室精准对接 企业需求，完成对柬埔寨、缅甸、乌兹别克斯坦三国18名外籍员工的系统性培训，并于202 ...

长期来看，投资重心将向配网与智能电网倾斜。2026-2030年，配网投资增速将超过输电环节，其在总 投资中的占比从57%提升至59%。 电力设备股突然成为了市场的新焦点。 1月15日，国家电网披露"十五五"固定资产投资计划，为中国电网科技行业注入确定性增长动能。这份 高达4万亿元的投资目标，较"十四五"期间的约2.8万亿元增幅达40%，不仅创下历史新高，更较"十四 五"相对"十三五"8%的增速实现跨越式提升。 19日，高盛研究团队发布一份研究报告指出，这一投资规模意味着年均投入不低于8000亿元，复合增长 率至少6%，而叠加新能源消纳、AI数据中心耗电增长等需求，实际增速有望向8%靠拢，为南瑞科技、 思源电气等核心设备企业打开长期成长空间。 Part.01 从特高压领跑到智能电网接棒 高盛在研究报告中表示，此次4万亿投资并非均衡发力，而是呈现清晰的阶段性结构特征，折射出中国 电网从"骨干扩容"向"智能升级"的战略转型逻辑。 高盛预测，2026年特高压将成为增长最快的细分领域，同比增速有望达24%，之后逐步换挡至智能电网 与配网建设。 从节奏上看，特高压投资将经历"短期高增、逐步放缓"的过程：2026年计划新开 ...

电力设备股突然成为了市场的新焦点。 1月15日，国家电网披露"十五五"固定资产投资计划，为中国电网科技行业注入确定性增长动能。这份 高达4万亿元的投资目标，较"十四五"期间的约2.8万亿元增幅达40%，不仅创下历史新高，更较"十四 五"相对"十三五"8%的增速实现跨越式提升。 19日，高盛研究团队发布一份研究报告指出，这一投资规模意味着年均投入不低于8000亿元，复合增长 率至少6%，而叠加新能源消纳、AI数据中心耗电增长等需求，实际增速有望向8%靠拢，为南瑞科技、 思源电气（002028）等核心设备企业打开长期成长空间。 01 从特高压领跑到智能电网接棒 高盛在研究报告中表示，此次4万亿投资并非均衡发力，而是呈现清晰的阶段性结构特征，折射出中国 电网从"骨干扩容"向"智能升级"的战略转型逻辑。 高盛预测，2026年特高压将成为增长最快的细分领域，同比增速有望达24%，之后逐步换挡至智能电网 与配网建设。 从节奏上看，特高压投资将经历"短期高增、逐步放缓"的过程：2026年计划新开工5条特高压线路， 2027-2030年每年新开工数量降至4条，但整体投资强度仍将维持高位。这一布局与国家电网"十五五"核 心目标 ...

Group 1 - Elon Musk predicts that AGI will fully arrive by 2026, emphasizing that the true battleground for AI is not chips but electricity, with China poised to dominate this hidden arena [3][13] - Musk states that the future currency will essentially be watts, indicating that electricity will become the hard currency of the future, surpassing Bitcoin and gold [4][13] - The construction of xAI's Colossus2 data center in Tennessee took a year just to secure power access, highlighting the challenges in electricity infrastructure [6][11] Group 2 - China is expected to have three times the power generation capacity of the U.S. by 2026, giving it a significant advantage in the upcoming "power race" [13][44] - The U.S. electrical grid is largely outdated, with many systems dating back to the 1960s and 70s, making it difficult to keep pace with China's advancements [11][44] - The efficiency of AI in processing information poses a threat to white-collar jobs, as AI can perform tasks traditionally requiring human intelligence at a much lower cost and higher efficiency [15][17] Group 3 - Musk predicts that by 2040, the number of robots will reach 10 billion, leading to a significant reduction in production costs and a potential shift towards universal basic income [25][44] - The upcoming Grok5 AI model from xAI will have a parameter count of 60 trillion, indicating a significant leap in AI capabilities [27][29] - Neuralink plans to launch large-scale production of brain-machine interfaces by 2026, which could revolutionize human interaction with technology [31][44] Group 4 - The transition to a new technological era will require individuals to acquire hard skills related to AI collaboration and renewable energy, as traditional educational pathways may become obsolete [40][44] - Companies must focus on electricity, computing power, models, and applications to remain relevant in the face of rapid technological change [46][48] - The urgency of preparing for the impending changes is emphasized, as the countdown to AGI has already begun [48]

Core Viewpoint - The recent suspension of electricity exports from Russia to China has been interpreted by Western media as a sign of cooling relations between the two countries, but Russian President Putin's calm response suggests a deeper strategic consideration beyond mere trade disputes [3][5][15]. Group 1: Trade Dynamics - The suspension of electricity exports is a result of ongoing negotiations regarding pricing, with Russia's Inter RAO seeking a price increase of approximately 7% to balance operational costs [8][11]. - China has calculated that accepting the proposed price increase would negate the cost advantages of importing electricity from Russia, leading to a potential shift towards domestic power generation solutions [11]. - Electricity trade constitutes a minor portion of the over $200 billion annual trade volume between China and Russia, indicating that the overall energy cooperation is diversified and not solely reliant on electricity [13]. Group 2: Geopolitical Context - Putin's remarks during a meeting with new ambassadors from 30 countries highlighted a vision for a more equitable multipolar world order, suggesting that global dynamics are shifting beyond simple trade relationships [3][5]. - The focus of global power dynamics is transitioning from individual trade disputes to the broader contest for influence over the new international order, as evidenced by Canada's Prime Minister's visit to China to discuss cooperation [7]. - The Western media's portrayal of the electricity trade issue reflects a misunderstanding of the deeper strategic ties between China and Russia, as they continue to collaborate on various fronts despite minor trade disagreements [15][17]. Group 3: Economic Strategies - China is actively reducing its reliance on the US dollar by decreasing its holdings of US Treasury bonds and increasing its gold reserves, which supports the construction of a multipolar order [20]. - Russia is adapting to Western sanctions by deepening cooperation with emerging market countries and promoting the use of local currencies in trade, further diminishing dependence on Western markets [20]. - The strategic partnership between China and Russia remains robust, with ongoing collaboration in energy, military, and diplomatic areas, despite temporary disruptions in specific trade sectors [20].

值得一提的是，电力贸易在中俄的整体贸易中占比极低，几乎可以忽略不计。在2024年总额超过2000亿美元的双边贸易中，能源合作才是双方合作的压舱 石，占比达到40%。原油管道、天然气项目、核能合作等领域的合作持续推进，田湾核电站、中俄东线天然气管道等重大项目也在稳步推进中。俄能源部明 确表示，只要达成互惠价格条件，电力出口将恢复，这表明这一事件本质上是商业行为，不会影响到中俄战略合作的根基。 普京之所以在电力贸易分歧问 题上如此淡定，实际上来源于他对国际形势的深刻理解。他曾提到，新的公正多极世界秩序正在形成，这一言论正是他对全球格局变动的精准判断。最近， 加拿大总理卡尼在访华时明确表示，中加将建立伙伴关系，为新世界秩序奠定基础，这一言论引发了美国的强烈反应。美国交通部长达菲立即发声警告，表 露出对这一多极趋势的强烈焦虑。 最近，一则关于俄罗斯暂停对中国电力出口的消息引发了广泛的讨论。西方媒体抓住这个机会大肆炒作，宣称中俄合作出现裂痕，将其与地缘政治博弈挂 钩，试图制造分歧。然而，俄罗斯总统普京对于这场商业纠纷却显得异常从容，甚至在公开场合提出多极世界秩序正在形成的预言。这一反差让人不禁好 奇，为什么一个普通的商 ...

Core Viewpoint - The recent suspension of electricity exports from Russia to China has been exaggerated by Western media, suggesting a cooling of Sino-Russian strategic cooperation, while Russian President Putin remains calm and composed, indicating a deeper understanding of global trade dynamics and the ongoing shift towards a multipolar world order [1][3][5] Group 1: Trade Dynamics - The suspension of electricity exports is a rational business negotiation based on mutual interests rather than a political disagreement [9][10] - The electricity trade constitutes a minor portion of the over $200 billion annual trade between China and Russia, with other energy sectors like natural gas and oil being more significant [17][19] - The Russian Inter RAO company has faced profit compression due to rising operational costs and has proposed a price increase of approximately 7% to maintain sustainable operations [13][15] Group 2: Strategic Cooperation - Both countries have established a diversified energy cooperation framework, which is not reliant on a single commodity, ensuring the resilience of their overall trade relationship [17][30] - The ongoing geopolitical shifts have led to a focus on the reconfiguration of global order, with emerging powers like China and Russia playing crucial roles in promoting a more balanced and equitable international governance system [26][28] - Despite short-term disagreements in electricity trade, the strategic collaboration in core areas such as energy, military, and diplomacy remains strong [30]

Core Viewpoint - The project by China Power Smart Energy in Yiyang, Hunan Province, has successfully achieved full-capacity grid connection for its 190 MW fish-solar complementary photovoltaic power generation project, showcasing efficient land resource utilization and significant environmental benefits [1] Group 1: Project Overview - The project is located in Qianshanhong Town, Datong Lake District, Yiyang City, with a total installed capacity of 190 MW [1] - It includes the construction of a new 220 kV booster station and a 220 kV transmission line [1] - The project commenced construction in October 2024 and has been completed three months ahead of schedule [1] Group 2: Management and Challenges - The management approach emphasizes thorough planning, strict control, precise collaboration, and seizing critical timelines [1] - The project faced challenges such as delays in equipment supply due to a rush for installation, persistent rainy weather affecting cable trench excavation, and complex land acquisition negotiations [1] Group 3: Economic and Environmental Impact - The project is expected to generate an average annual electricity output of approximately 25.228 million kWh, with an equivalent annual utilization of about 1,013 hours [1] - It will save around 80,000 tons of standard coal annually and reduce emissions of carbon dioxide by approximately 190,000 tons, sulfur dioxide by about 1,546 tons, and nitrogen oxides by around 878 tons [1]

Core Insights - The core contradiction in AI infrastructure construction is shifting from merely pursuing GPU quantities to competing for power supply speed, with "Time-to-Power" becoming the most severe bottleneck in AI development [1] - Chinese power solution providers with rapid delivery capabilities and large-scale production advantages are experiencing a historic revaluation opportunity [1] Group 1: Power Supply Challenges - The average lifespan of power grids in the US and EU has reached 35 to 40 years, and the infrastructure is increasingly fragile due to the explosive energy demands of AI data centers (AIDC) [1] - Current domestic power equipment capacity in the US can only meet about 40% of local demand, with interconnection waiting times extending to nearly five years [1] - Goldman Sachs predicts that the power supply shortage in the US will persist until 2030, with a projected 175% increase in electricity consumption by data centers by 2030 [2][3] Group 2: Market Dynamics and Growth - The overall addressable market for AI data center power products is expected to expand at a compound annual growth rate (CAGR) of approximately 39% from 2025 to 2030 [3] - The growth is driven by continuous capacity construction, increasing power density, and a shift from AC to DC architecture, with 800V DC distribution becoming the standard for many AI data center projects [4] Group 3: Competitive Advantages of Chinese Suppliers - Chinese suppliers are gaining a decisive competitive advantage not only through lower costs but also through shorter delivery cycles, which have become a primary decision factor for data center operators [5] - Companies like Siyi Electric and Yinglite are positioned to benefit from the supply shortages in the US market, with Siyi Electric's revenue from the US expected to grow from 26% in 2026 to 28% in 2028 [5][6] Group 4: Product Prioritization - Goldman Sachs has provided a clear preference ranking for Chinese power supply-related product categories: gas turbine blades > power transformers > electrical components > uninterruptible power supplies/power racks > liquid cooling systems > server power [6][7] - Gas turbine blades rank highest due to high material science and manufacturing barriers, while power transformers follow due to labor-intensive manufacturing and lengthy certification processes [7]