电力辅助服务征求意见发布，看好新型主体发展

Investment Rating - The report suggests a positive outlook on the development of new entities in the auxiliary power service market, indicating a favorable investment environment [5][6]. Core Insights - The National Energy Administration has released a draft for the "Basic Rules for the Auxiliary Power Service Market," which is a crucial step in building a new type of electricity market. The rules emphasize the principle of "who provides, who profits; who benefits, who bears the cost" [5][7]. - The auxiliary services are categorized into active control services (such as peak shaving, frequency regulation, standby services, and ramping services), reactive balance services (voltage control), and incident handling services (black start, rotational inertia, load shedding) [5][6]. - The fee mechanism for auxiliary services will be settled at market prices in regions with a spot market, while areas without a spot market will follow medium to long-term trading rules [5][7]. - The report highlights the importance of independent storage, self-owned power plants, and virtual power plants in sharing the costs of auxiliary services, which is expected to promote the diversification of the new power system [6][8]. Summary by Sections Market Development - The report anticipates a rapid growth in demand for auxiliary services as the proportion of renewable energy generation increases, with expectations for provinces to issue related documents by the end of the year [6][8]. Investment Recommendations - The report recommends focusing on new entities such as independent shared storage and virtual power plant operations, specifically mentioning companies like Sungrow Power Supply and China Southern Power Grid Energy Storage [6][8].