国能日新：直面市场化挑战以技术迭代谋破局

Core Viewpoint - The launch of the continuous settlement trial in the southern regional electricity market marks a significant step towards the establishment of a unified national electricity market, prompting the company to actively respond to market challenges [1] Group 1: Market Response and Strategy - The company is focusing on rule disassembly, demand research, and iterative development of trading products in response to the new electricity trading rules [2] - The company is increasing R&D investment, leveraging technological breakthroughs such as the "Kuangming" new energy model to enhance core competitiveness [1][2] - The company is aligning its strategies with the "dual carbon" policy and the construction of a new power system, exploring new paths for renewable energy management and market-oriented operations [1][5] Group 2: Technological Innovation - The company is advancing the development of a one-stop new energy big data platform and intelligent model platform, integrating AI technology with deep learning to enhance core competitiveness [2] - The company has maintained R&D expenditure at 17% to 20% of revenue over the past three years, achieving significant progress in the vertical meteorological prediction model [3] - The "Kuangming" new energy model will be upgraded to version 2.0 in May 2025, improving the accuracy of power predictions under extreme weather conditions [3] Group 3: Market Dynamics and Challenges - The release of policies promoting market-oriented pricing for renewable energy provides institutional support for high-quality development in the industry [2] - The company anticipates increased market volatility in electricity prices, presenting unprecedented challenges for renewable energy enterprises [2] - The traditional electricity sales companies will face challenges such as price fluctuations and changing user electricity behaviors as the electricity spot market continues to deepen [2] Group 4: Comprehensive Energy Services - The company offers services such as industrial and commercial energy storage operations and comprehensive energy services to help enterprises optimize energy costs and enhance the utilization of green electricity [3] - AI is empowering every aspect of electricity trading, from load forecasting to trading strategy formulation, enhancing the efficiency and effectiveness of trading strategies [4] - The company provides clients with multi-dimensional core data prediction services and full-process trading management services to facilitate better participation in electricity trading [4] Group 5: Future Development and Product Expansion - The company aims to restructure the evaluation and measurement methods for renewable energy project revenues due to price volatility, emphasizing the importance of trading and operational capabilities [4] - The company is committed to building a complete information product system for renewable energy management, extending its management capabilities from production and consumption to transmission and consumption [5][6] - The company plans to leverage market opportunities from electricity market reforms to continuously advance product depth and provide comprehensive electricity trading solutions [6]