电气设备行业周报：三部门制定行动方案加快构建新型电力系统，特高压、配网等为电网重点投资领域

Investment Rating - The investment rating for the industry is "Outperform the Market" and is maintained [1]. Core Insights - The report emphasizes the acceleration of building a new power system, with a focus on investment in UHV (Ultra High Voltage) and distribution networks. The 2024 investment in the national grid is expected to exceed 600 billion yuan, representing an increase of 71.1 billion yuan year-on-year [2][4]. - The report outlines nine key actions to enhance the power system's capacity to accommodate clean energy, including the construction of UHV projects and the digitalization of the grid [2][3]. Summary by Sections Investment Outlook - The report indicates that the investment in the national grid will surpass 600 billion yuan in 2024, with a year-on-year increase of 71.1 billion yuan. This investment will primarily focus on UHV construction, enhancing county-level grid connections, and upgrading the grid's digital capabilities [2][4]. UHV and Distribution Network - There is a pressing demand for optimizing and strengthening the main grid framework to ensure stable power supply and support high-quality development of renewable energy. The report suggests that UHV and distribution networks will be key investment areas [2][3]. Smart Grid Development - The report highlights the transition of distribution networks from merely distributing electricity to integrating various energy sources and loads. This shift will enhance the grid's ability to manage distributed energy resources and improve local energy consumption [3][4]. Demand-Side Management - The report discusses the importance of enhancing demand-side coordination capabilities, with a focus on virtual power plants and smart microgrid projects. These initiatives aim to improve local power supply levels and increase the self-consumption ratio of renewable energy [4]. Recommended Companies - The report suggests focusing on key companies in the UHV sector, including Guodian NARI, XJ Electric, and China XD Electric, as well as companies involved in distribution networks and smart grid technologies [2][4].