计算机行业跟踪：AIDC+绿电，打开算电协同新局面

Investment Rating - Industry Rating: Recommended [3] Core Insights - The report focuses on the construction of domestic IDC and the localization of computing power, emphasizing the importance of green electricity and energy efficiency in data centers [1][12][22] - By the end of 2025, new data centers in national hub nodes are expected to have over 80% of their electricity sourced from green energy, with an average Power Usage Effectiveness (PUE) reduced to below 1.5 [1][24] - The domestic software and hardware ecosystem is maturing rapidly, with openEuler's market share projected to reach 50% by 2024, and the proportion of domestic chips in AI servers increasing from 10% to 20% [1][16][21] Summary by Sections Focus on Domestic IDC Construction and Computing Power Localization - The IDC industry is evolving into a core technology platform supporting the digital economy, with a complete value chain from infrastructure supply to application service output [12] - The national strategy "East Data West Computing" aims to establish a comprehensive computing power infrastructure by 2025, with significant improvements in resource utilization and cost reduction for users [13][20] - The intelligent computing center is expected to grow from 239 EFLOPS in 2023 to 1117.4 EFLOPS by 2027, driven by advancements in AI and big data technologies [14][16] Power Market Liberalization and Green Electricity Trading Mechanism - Recent reforms in China's electricity market are facilitating a more open trading system, allowing large users like IDC to directly connect with renewable energy sources [2][35] - The implementation of green electricity trading mechanisms is expected to shift IDC from passive electricity consumption to proactive source selection, optimizing site selection and promoting green development [2][38] - By 2025, the green electricity proportion in new data centers is targeted to reach 80%, with various provinces initiating pilot projects for green electricity direct supply [46][55]