电力设备：省间电力现货市场转入正式运行，进一步拓宽电力交易的场景，有助于“能源转型友好型”发电商

Industry Investment Rating - The investment rating for the power equipment industry is not explicitly stated in the provided documents, but the report suggests a focus on "energy transition-friendly" comprehensive energy suppliers [6]. Core Insights - The inter-provincial electricity spot market officially commenced operations on October 15, 2024, after 31 months of trial runs, which is expected to enhance the trading scenarios for electricity and support "energy transition-friendly" power producers [3][4]. - From January to August 2024, the inter-provincial spot market facilitated the consumption of 11.6 billion kilowatt-hours of clean energy, marking a 37% year-on-year increase, and improved the utilization rate of renewable energy by 1 percentage point [4]. - The marketization of electricity trading is anticipated to foster the emergence of "energy transition-friendly" comprehensive energy suppliers, as it enhances decision-making flexibility and encourages participation from power producers and users [5]. Summary by Sections Industry Overview - The closing index for the power equipment sector is 6744.85, with a 52-week high of 8019.98 and a low of 5387.54 [1]. Recent Developments - The inter-provincial electricity spot market has achieved full coverage in the State Grid operating area and the Inner Mongolia West region, with expectations for broader coverage as cooperation between the State Grid and Southern Grid progresses [4]. Investment Recommendations - The report recommends focusing on "energy transition-friendly" comprehensive energy suppliers, highlighting the importance of decision-making flexibility and the necessity of electricity trading as an enabling factor [5].