甘肃省构建发电侧容量电价，同时对煤电机组进行现货市场补偿

Industry Investment Rating - The industry investment rating is "Outperform the Market" and is maintained [2] Core Insights - The report highlights the establishment of a capacity compensation mechanism for power generation in Gansu Province, which compensates for reliable capacity based on contributions, impacting all industrial and commercial users [5][6] - The compensation standard is set at 330 yuan per kilowatt annually, with various factors determining the reliable capacity and compensation coefficients [6] - The report suggests that the capacity compensation will gradually transition to a market-oriented approach, with an emphasis on the pricing of renewable energy sources like solar thermal and hydropower [7] Summary by Relevant Sections Industry Overview - The closing index is at 10088.23, with a 52-week high of 10950.05 and a low of 6107.84 [2] Investment Highlights - The report discusses the need for a re-evaluation of pricing for solar thermal energy within the electricity market, indicating that current compensation mechanisms are necessary to avoid distorting pricing due to the operational costs of coal-fired power plants [6] - The compensation mechanism aims to ensure that the market operates on marginal cost pricing, allowing for optimal technology to prevail [6] Investment Recommendations - The report recommends focusing on companies like Xizi Clean Energy, as the capacity compensation mechanism is expected to enhance the reliability and pricing of various energy sources [7]