开源证券：风电政策底已现

Core Insights - The uncertainty in revenue policies for the wind power sector has been resolved, indicating a bottoming out of policies related to wind energy [1] - The implementation of Document No. 136 has facilitated the entry of renewable energy into the market, supported by an off-market price difference settlement mechanism [1] - The first round of price bidding for electricity mechanisms has been completed in Shandong, Gansu, Xinjiang, and Yunnan provinces, with results showing significant reductions compared to coal benchmark prices, marking a deepening of market-oriented reforms [1] - The reduction in value-added tax subsidies for wind power indicates that the policy bottom has been reached [1]