国际能源与ESG周报（7/15-7/21）：中国电网投资景气度持续，印度电力需求上半年同增8.3%

Investment Rating - The report suggests a positive investment outlook for Chinese companies as key suppliers benefiting from the energy transition in Europe and the United States [4]. Core Insights - China's LNG import prices and market prices have increased, with the LNG import price at $12.13 per million British thermal units, up 1.76% week-on-week [7][10]. - In June, China's industrial power generation maintained a stable growth rate, with total industrial power generation reaching 768.5 billion kWh, a year-on-year increase of 2.3% [14]. - In the first half of 2024, India's power demand rose by 8.3%, with coal remaining the dominant source [2]. - The global carbon market in China has operated smoothly over the past three years, with trading prices gradually increasing [1]. Summary by Sections 1. China Energy Market and ESG Updates - LNG prices have risen, driven by high temperatures and cooling demand in eastern and southern China [12]. - Industrial power generation in June showed a stable growth rate, with hydropower increasing by 44.5% year-on-year [14]. - New wind power installations in China reached 25.84 GW in the first half of 2024, a year-on-year increase of nearly 12.4% [1]. 2. U.S. Energy Market and ESG Updates - U.S. natural gas futures prices fell, while average spot electricity prices rose by 3.6% to $54.411 per MWh [2]. - California is seeing an increase in residential solar-plus-storage projects [2]. - Amazon has achieved its goal of 100% renewable energy ahead of schedule, operating around 300 rooftop solar projects [2]. 3. European Energy Market and ESG Updates - European natural gas futures prices increased, with electricity market prices trending upward [2]. - Greece is developing a 1 GW independent battery storage project [2]. - SHEIN announced a new circular fund with an initial investment of €200 million [2]. 4. Indian Energy Market and ESG Updates - ENGIE's special purpose company will build a 400 MW solar power plant in Gujarat [2]. - The federal cabinet approved a 1 GW offshore wind project in Gujarat and Tamil Nadu [2]. 5. Japan and South Korea Energy Market Updates - South Korea secured a nuclear power order, and Japan's Enfinity Global received $164 million in financing for a 250 MW solar project [2]. 6. Southeast Asia and Other Regions Energy Market Updates - Vietnam has approved a decree allowing direct power purchase agreements [3]. - A new large gas well was discovered in Bolivia [3]. 7. Energy Storage and Lithium Battery Market Updates - The average price of lithium carbonate has decreased, with battery-grade lithium carbonate priced at 85,800 yuan per ton, down 5.25% [22]. - The total scale of energy storage in June reached 4.32 GW/10.29 GWh, with prices for two-hour energy storage systems averaging 0.62 yuan/Wh, down 51.2% year-on-year [22]. 8. Photovoltaic Market Updates - In the first half of 2024, China's newly installed photovoltaic capacity reached 102.48 GW, a year-on-year increase of 30.68% [27]. - The average price of polysilicon remained stable, while the price of battery-grade lithium carbonate has dropped significantly [30][35].