绿电消费比例进一步提高标准，形成“指标-建设-消纳”闭环驱动

Group 1 - The National Development and Reform Commission and the National Energy Administration have issued a notice regarding the renewable energy power consumption responsibility weight for 2025 and 2026, setting specific requirements for green electricity consumption in key energy-intensive industries [1][3] - The policy aims to enhance the mandatory green electricity consumption ratio in industries such as steel, cement, polysilicon, and data centers, with a maximum requirement of 80%, and varying provincial weights, such as 70% in Yunnan and Qinghai, creating a precise pressure transmission mechanism [3] - Companies in high-energy-consuming industries that proactively engage in green electricity procurement and possess energy management technology advantages, such as low-carbon steel and green cement, will benefit from cost and policy compliance barriers, while those lagging in transformation face elimination risks [3] Group 2 - Data from Wind indicates that the proportion of coal consumption in China has decreased from 56.8% in 2020 to 53.2% in 2024, while the share of non-fossil energy consumption has increased from 15.9% to 19.8% [3] - China has the largest installed capacity of renewable energy generation globally, with the fastest development speed, maintaining a dominant position in new installations, reaching 2.159 billion kilowatts by the end of June this year, accounting for approximately 59.2% of the total installed capacity [3]