GXED(SH:600617) Zhong Guo Hua Gong Bao·2025-07-01 02:30Core Viewpoint - The National Development and Reform Commission (NDRC) has made significant progress in promoting the consumption of renewable energy, particularly wind and solar power, which now account for a substantial portion of the country's total installed capacity [1][2]. Group 1: Renewable Energy Development - As of the end of May, China's installed capacity for wind and solar power reached 570 million and 1.08 billion kilowatts, respectively, making up 45.7% of the total installed capacity, surpassing that of thermal power [1]. - The NDRC emphasizes that the high-level consumption of large-scale renewable energy is crucial for building a new energy system [1]. Group 2: Measures to Enhance Renewable Energy Consumption - The NDRC, in collaboration with relevant parties, has implemented a series of measures to improve renewable energy consumption, achieving a utilization rate of over 90% nationwide [2]. - Key strategies include optimizing the transmission of electricity and local consumption, leveraging resources in desert and arid regions to establish large-scale renewable energy bases, and facilitating the direct supply of green electricity to specific users [2]. Group 3: Infrastructure and Regulatory Developments - China has built the world's largest power grid, with the highest voltage levels and the longest ultra-high voltage transmission lines, currently operating 43 ultra-high voltage transmission channels [3]. - The new energy storage capacity has exceeded 80 million kilowatts, indicating a growing market for energy storage solutions as renewable energy becomes more integrated into the market [3]. - The NDRC is also focusing on enhancing demand-side flexibility and promoting the construction of charging infrastructure, which has surpassed 14 million units nationwide [3].