智通财经APP讯，湖北能源(000883.SZ)披露2026年1月发电情况，于2026年1月，公司完成发电量42.64 亿千瓦时，同比增加26.38%。其中水电发电量同比增加150.62%，火电发电量同比增加11.01%，新能源 发电量同比减少13.12%。 ...

湖北能源（000883）(000883.SZ)披露2026年1月发电情况，于2026年1月，公司完成发电量42.64亿千瓦 时，同比增加26.38%。其中水电发电量同比增加150.62%，火电发电量同比增加11.01%，新能源发电量 同比减少13.12%。 ...

格隆汇2月5日｜湖北能源(000883.SZ)公告称，2026年1月，公司完成发电量42.64亿千瓦时，同比增加 26.38%。其中水电发电量同比增加150.62%，火电发电量同比增加11.01%，新能源发电量同比减少 13.12%。 ...

证券代码：000883 证券简称：湖北能源 公告编号：2026-003 湖北能源集团股份有限公司 关于 2026 年 1 月发电情况的自愿性信息披露公告 为便于投资者及时了解公司生产情况，现将湖北能源集团股份有 限公司（以下简称公司）2026年1月发电量情况公告如下： 2026年1月，公司完成发电量42.64亿千瓦时，同比增加26.38%。 其中水电发电量同比增加150.62%，火电发电量同比增加11.01%，新 能源发电量同比减少13.12%。 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 为准。提醒投资者不宜以此数据简单推算公司业绩，并注意投资风险。 特此公告。 湖北能源集团股份有限公司董事会 2026 年 2 月 5 日 公司2026年1月发电情况表 单位：亿千瓦时 | 项目 | 本月发电量 | 同比变动 | | --- | --- | --- | | 水电 | 12.18 | 150.62% | | 火电 | 24.70 | 11.01% | | 新能源 | 5.76 | -13.12% | | 其中： 风电 | 1.40 | -21.79% | | ...

2020-2025年中国水力发电量产量统计图 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 相关报告：智研咨询发布的《2026-2032年中国水力发电行业市场行情监测及发展趋向研判报告》 根据国家统计局数据显示：2025年12月中国水力发电量产量为865亿千瓦时，同比增长4.1%；2025年1- 12月中国水力发电量累计产量为13143.6亿千瓦时，累计增长2.8%。 上市企业：长江电力（600900）,华能水电（600025）,国投电力（600886）,川投能源（600674）,桂冠电 力（600236）,黔源电力（002039）,湖北能源（000883）,闽东电力（000993）,乐山电力（600644）,郴 电国际（600969） ...

证券研究报告 公用环保 发电侧容量电价新规基本符合预期 华泰研究 2026 年 2 月 01 日│中国内地 动态点评 2026 年 1 月 30 日，国家发改委、国家能源局发布《关于完善发电侧容量电 价机制的通知》（发改价格〔2026〕114 号），各类电源容量电价机制完善 情况基本符合预期；抽蓄抽水、电网侧独立新型储能充电时视作用户，缴纳 上网环节线损费用和系统运行费用（全国平均约 1.6 和 6.1 分/千瓦时），充 放电量损耗需按照单一电量制用户缴纳输配电价（全国平均约 0.178 元/千 瓦时），此前各省执行情况不一，该要求一定程度或减少抽蓄和新型储能电 量收益。总体而言，容量电价机制的进一步完善有望提升调节电源的固定收 入占比，盈利稳定性有望提升，推荐火电龙头华能国际 AH/国电电力/华润 电力等、抽蓄运营龙头南网储能和装机增长潜力大的长江电力/湖北能源等。 煤电容量电价如期提升至不低于 165 元/千瓦，决定权下放至地方 "114 号文"提出：1）将通过容量电价回收煤电机组固定成本的比例提升 至不低于 50%，与 2023 年 11 月 8 日国家发改委、国家能源局发布的《关 于建立煤电容量电价机 ...

证券日报网讯1月22日，湖北能源（000883）在互动平台回答投资者提问时表示，公司积极关注湖北省 内相关政策推进情况，聚焦能源主业，积极跟进能源资源投资机会，不断优化产业布局；开展提质增效 专项工作，提高资产运营效率，持续提升内生增长动力，助力公司实现高质量发展。 ...

Core Viewpoint - The Three Gorges Group is actively responding to the severe cold wave and increased energy demand in Hubei Province by fully operating its coal-fired power plants to ensure reliable electricity supply for the winter [1][2] Group 1: Operational Response - All 10 coal-fired power units of Hubei Energy are fully operational to meet the rising energy demand due to the cold wave [1] - The Xiangyang Yicheng Power Plant achieved dual-unit operation on January 19, with two 1 million kilowatt coal power units running at full capacity [1] - The Ezhou Power Plant, with a total installed capacity of 3.96 million kilowatts, successfully started three units within 24 hours and operated all six coal power units for the first time this year [1] Group 2: Fuel Supply and Management - The coal inventory at the Yicheng Power Plant is sufficient to support high-load operation for over 20 days [1] - The Ezhou Power Plant also has ample coal reserves to ensure continuous operation for more than 20 days [1] - Hubei Energy's coal investment company has optimized transportation routes and increased emergency coal reserves to 430,000 tons, exceeding the set target [1] Group 3: Future Actions - Hubei Energy plans to strengthen its political responsibility and ensure power supply by closely monitoring weather changes and electricity load trends [2] - The company will scientifically schedule unit operations and enhance equipment inspections to maintain sufficient fuel reserves and smooth transportation channels [2] - The goal is to ensure that all units are operational to provide a reliable electricity supply for the economic stability and warmth of the people in Hubei Province [2]

Investment Rating - The report maintains an "Overweight" rating for the public utility sector and the power generation sector [2]. Core Viewpoints - The report argues that the core logic determining the valuation of power stocks has changed in the new energy era, with expectations of a rebound in electricity prices and stock valuations as coal prices stabilize [4][6]. - It highlights that the most challenging phase for electricity supply and demand in China has passed, with expectations of a recovery in demand starting in 2026 [4][7]. - The report emphasizes that the valuation gap between U.S. and Chinese power stocks has widened significantly, with U.S. power stocks trading at 2-4 times the price-to-book (PB) ratio of their Chinese counterparts [4][6][7]. Summary by Sections Investment Recommendations - The report recommends several undervalued power operators, including Huaneng International, Guodian Power, and China Power [3][8]. - It suggests that the capacity price increase in 2026 will benefit thermal power, while the stabilization of energy prices will favor nuclear, green, and hydropower [8]. Market Dynamics - The report notes that both China and the U.S. are experiencing similar electricity shortages due to a slowdown in the growth of base-load power sources, with structural demand exceeding expectations potentially leading to supply crises [5][26]. - It discusses the significant differences in electricity pricing structures between the two countries, with U.S. electricity prices being significantly higher due to various systemic costs [56][58]. Price Trends and Projections - The report predicts that by 2026, the industrial electricity prices in China will be significantly lower than those in the U.S., enhancing the competitiveness of Chinese manufacturing [6][11]. - It highlights that the electricity price gap between the two countries is expected to continue to widen, benefiting China's manufacturing sector [6][8]. Supply and Demand Outlook - The report indicates that the most severe supply-demand imbalance in China has passed, with expectations of a recovery in electricity demand driven by increased manufacturing investment [7][8]. - It also notes that the U.S. is facing a similar situation, with a projected decline in gas-fired electricity generation and a potential increase in coal-fired generation [5][30].

Group 1 - The core viewpoint of the news is that 24 companies have released their performance reports for 2025, with significant variations in revenue and profit growth among them [1][2][3] - Poly Developments reported the highest revenue at 308.26 billion yuan, but experienced a slight decline of 1.09% year-on-year [1][3] - Among the companies, 16 reported revenue growth, with the highest increase of 37.18% from Siyuan Electric, achieving 21.21 billion yuan in revenue [1][2] Group 2 - In terms of net profit, all companies that released performance reports were profitable, with five companies exceeding 10 billion yuan in net profit [2] - CITIC Bank led with a net profit of 70.62 billion yuan, reflecting a year-on-year growth of 2.98% [2][3] - The largest net profit growth was seen in Quanyuan Spring, which reported a net profit of 0.15 billion yuan, up 147.89% year-on-year [2]