中国电力(02380)公布，该集团于2025年12月的合并总售电量为1073.105万兆瓦时，较去年同期减少 2.31%，而截至2025年12月31日止年度的合并总售电量为约1.26亿兆瓦时，同比减少1.27%。 ...

格隆汇1月26日丨中国电力(02380.HK)公告，于2025年12月的合并总售电量为10,731,050兆瓦时，较去年 同期减少2.31%，而截至2025年12月31日止年度的合并总售电量为126,332,861兆瓦时，同比减少 1.27%。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部份內容而產生或因倚賴該等內容而 引致的任何損失承擔任何責任。 中 國 電 力 國 際 發 展 有 限 公 司 本集團於二零二五年十二月及截至二零二五年十二月三十一日止年度的總售電量， 按發電廠類型列示如下： | 全資擁有或 | | | 售電量（兆瓦時） | | | | | --- | --- | --- | --- | --- | --- | --- | | 控制的發電廠 | 2025 年 | 2024 年 | 同比變化 | 年度 | | 同比變化 | | | 12 月 | 12 月 | | 2025 | 2024 | | | 水力發電 | 1,073,543 | 952,497 | 12.71% | 18,282,283 | 18,470,727 | -1.02% | | 風力發電(1) | 2,993,561 | 2,711,605 | 10.40% | 30,798,035 | 26,236,946 | 17.38% | | 光伏發電 | 1,870,313 ...

Core Insights - China's total electricity consumption is projected to exceed 10.4 trillion kilowatt-hours by 2025, surpassing the combined annual electricity consumption of the EU, Russia, India, and Japan, and more than double that of the United States [4][6][40] - The rapid growth from 1 trillion to 10 trillion kilowatt-hours in just 20 years is unprecedented among major economies, showcasing China's economic strength [4][6] Electricity Consumption Growth - Electricity consumption is a key indicator of economic performance, reflecting China's steady economic development over decades [6] - Despite global economic uncertainties, China's electricity consumption is expected to grow by 5% year-on-year, demonstrating the resilience and vitality of its large-scale economy [6] Energy Supply and Infrastructure - By November 2025, China's installed capacity for wind and solar power is expected to reach 1.76 billion kilowatts, a 34% increase from the previous year, with non-fossil energy sources accounting for over 60% of total generation [8][10] - The country's electricity transmission capacity will reach 370 million kilowatts, supported by 46 ultra-high voltage lines, facilitating efficient energy distribution across regions [10][11] Structural Changes in Electricity Consumption - The industrial sector remains the largest consumer of electricity, accounting for approximately 64%, but the growth rate of high-energy-consuming industries is only 1.8%, while high-tech and equipment manufacturing sectors see a growth rate of 6.4% [18][20] - The rapid growth of the tertiary sector and residential electricity consumption is becoming a significant driver of electricity demand, with internet services and electric vehicle charging industries experiencing substantial increases [22][24] Transition to Electricity Exporter - China has transitioned from being a major electricity consumer to an electricity exporter, supplying power to 16 neighboring countries and offering comprehensive energy solutions and technical standards [28][34] - The successful implementation of ultra-high voltage technology has positioned China as a leader in the global electricity sector, with 20 international standards established [30][32] Global Influence and Responsibility - China's overseas investment in the electricity sector has reached $110.4 billion, enhancing its influence in the global electricity market [36] - The country's commitment to green development and energy transition is recognized globally, contributing to its status as a key player in the international energy landscape [36][40]

全球首富埃隆·马斯克日前警告称，在美国，人工智能（AI）发展面临的最大阻碍是电力不足，而中国 却不存在这一问题。 周四，马斯克在与贝莱德首席执行官、世界经济论坛临时联合主席拉里·芬克的对话中表示，人工智能 芯片的生产正呈指数级增长，但电力供应不足，这制约了AI数据中心在训练和部署AI模型方面的效 率。 美国一直深陷电网系统陈旧落后的困局，这是数十年投资不足和基础设施老化的后果。随着科技公司越 来越依赖电网运营商提供电力，电网的可靠性问题和供电能力限制已威胁到AI部署的速度，并引发担 忧：美国可能会因电力短板在AI竞赛中落后于人。 能源专家透露，英伟达总部所在地加州圣克拉拉市的两座大型数据中心，或因电力供应不足而闲置数 年。与此同时，AI巨大的耗电量推高相关地区的能源成本，引发了民众对数据中心建设的抵制。 美国总统特朗普周三在达沃斯演讲中鼓励科技企业在布局人工智能时自建核电站，并声称，政府将在短 短三周内批准此类项目——尽管核电站的审批流程历来需要数年时间。 全球首富埃隆·马斯克日前警告称，在美国，人工智能（AI）发展面临的最大阻碍是电力不足，而中国 却不存在这一问题。 周四，马斯克在与贝莱德首席执行官、世界经 ...

Core Insights - In 2025, China's electricity market transaction volume reached 6.6 trillion kilowatt-hours, marking a year-on-year growth of 7.4% and accounting for 64.0% of the total electricity consumption, an increase of 1.3 percentage points compared to the previous year [1] Transaction Volume Overview - The provincial transaction volume was 5.0473 trillion kilowatt-hours, reflecting a year-on-year increase of 6.2% [1] - The inter-provincial and inter-regional transaction volume was 1.5921 trillion kilowatt-hours, with a year-on-year growth of 11.6%, including 3.4 billion kilowatt-hours from cross-grid operations [1] Transaction Types - The medium and long-term transaction volume was 6.3522 trillion kilowatt-hours, while the spot transaction volume was 287.2 billion kilowatt-hours [1] - Green electricity transaction volume reached 328.5 billion kilowatt-hours, showing a significant year-on-year increase of 38.3% [1] December 2025 Performance - In December 2025, the total electricity market transaction volume was 608 billion kilowatt-hours, up 6.6% year-on-year [1] - The provincial transaction volume for December was 464.1 billion kilowatt-hours, increasing by 5.3% year-on-year, while the inter-provincial and inter-regional transaction volume was 143.9 billion kilowatt-hours, up 11.3% [1] - The medium and long-term transaction volume for December was 582.2 billion kilowatt-hours, and the spot transaction volume was 25.8 billion kilowatt-hours [1] - Green electricity transaction volume in December was 31.7 billion kilowatt-hours, reflecting a year-on-year growth of 32.3% [1]

新源智储承建的青海共和200兆瓦/800兆瓦时配储项目一期地处青海海南州共和县塔拉滩。项目突破多项高寒地区储能系统集成与安装难题，投运后将有 效提升海南州电网的调峰调频能力，增强系统运行弹性，促进周边风电、光伏发电高效消纳，助力青海打造国家清洁能源示范高地。 风机机组各系统设备运行平稳，主要运行参数均符合技术规程规范要求。 转载自：国家电投官网 WETOWN ELECTRIC 近日，国家电投集团中国电力（中电国际）新源智储在内蒙古、甘肃、新疆、青海等地承建的多个储能项目相继并网投运，涵盖不同规模与应用场景，为 区域电网调峰调频、新能源消纳提供有力支撑，推动能源结构优化升级。 新源智储内蒙古通辽150兆瓦/600兆瓦时新能源配储项目位于通辽市奈曼旗金沙500千伏变电站周边。项目投产后，可为蒙东电网提供快速、灵活的功率支 撑与频率调节服务，大幅提升电网对风电、光伏等波动性电源的消纳能力，进一步增强区域供电可靠性与经济运行水平。 新源智储甘肃靖远10兆瓦/20兆瓦时储能项目位于甘肃白银市靖远县。项目团队在建设中注重防风固沙、低温施工等专项技术措施的落实，采用适应恶劣 环境的储能设备与安装工艺，顺利完成系统集成与调试 ...

Core Insights - China's electricity load reached a record high in winter 2026, surpassing 1.4 billion kilowatts for the first time, peaking at 1.417 billion kilowatts, with daily electricity consumption exceeding 30 billion kilowatt-hours for the first time in winter [1] Group 1: Electricity Load Trends - The national maximum electricity load hit 1.351 billion kilowatts on January 4, setting a new winter historical high [1] - From January 18, due to a widespread cold wave, the national electricity load increased rapidly, rising by 150 million kilowatts in three days, equivalent to Japan's maximum annual electricity load [1] - On January 19 and 20, the electricity load reached new winter historical highs, with January 20 peaking at 1.417 billion kilowatts [1] Group 2: Regional Performance - The electricity load in North China, Northwest China, Northeast China, and 12 provincial-level power grids including Xinjiang and Tibet has set historical highs 75 times since the beginning of winter [1] Group 3: Electricity Consumption - Daily electricity consumption has remained high, with January 5 marking the first time daily consumption exceeded 30 billion kilowatt-hours in winter [1] - Daily electricity consumption also surpassed 30 billion kilowatt-hours on January 5-7 and January 19, indicating an improvement in China's winter energy security capabilities [1] Group 4: Future Actions - The National Energy Administration will guide and supervise local power companies to ensure winter heating and supply, monitoring electricity supply and demand changes daily to address potential risks and ensure stable electricity supply [1]

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 ...

Core Insights - The electric power equipment sector has become a new market focus due to the State Grid's announcement of a 4 trillion yuan fixed asset investment plan, marking a 40% increase from the previous plan and setting a historical high [1] - Goldman Sachs predicts an average annual investment of at least 800 billion yuan, with a compound growth rate of at least 6%, potentially reaching 8% due to the demand from renewable energy consumption and AI data centers [1] Part 01: Transition from UHV to Smart Grid - The 4 trillion yuan investment is not evenly distributed but shows a clear phased structure, reflecting China's strategic shift from "backbone expansion" to "smart upgrades" [2] - By 2026, UHV is expected to be the fastest-growing segment with a year-on-year growth rate of 24%, transitioning to smart grid and distribution network construction thereafter [2] - UHV investment will experience a "short-term high growth, gradual slowdown" process, with a planned new construction of 5 UHV lines in 2026, decreasing to 4 lines annually from 2027 to 2030 [2] Part 02: Investment Trends and Market Dynamics - In 2025, the electric grid industry is expected to show a divergence with "investment growth below expectations but strong equipment bidding" [5] - From January to November 2025, the State Grid's fixed asset investment reached 560.4 billion yuan, a 6% year-on-year increase, with an expected annual growth rate of 11%, lower than Goldman Sachs' previous forecast of 13% [5] - The bidding market for equipment is robust, with a total bidding amount for transmission equipment increasing by 26% year-on-year [5] Part 03: Market Concentration and Competitive Landscape - The strong growth in the bidding market is leading to increased market concentration among leading companies, with the market share of core products like GIS and transformers improving [6] - In the circuit breaker sector, Siyi Electric's market share is projected to rise from 16% in 2023 to 49% in 2025, while TBEA remains the leader in power transformers with a 23% market share [6] - The concentration of market share is driven by technological barriers and capacity advantages, as companies with core technologies and scalable delivery capabilities continue to capture market share [6]