算力尽头是电力！“算电协同”引爆新风口

Core Viewpoint - The article emphasizes the emerging concept of "computing and electricity synergy," which is a necessary outcome of the deep integration between the digital economy and energy transition, especially after being included in the government work report this year [2][3]. Summary by Sections Concept of "Computing and Electricity Synergy" - The essence of "computing and electricity synergy" is to break down the barriers between the computing and electricity industries, achieving two-way interaction, collaborative optimization, and integrated development to address the core contradictions between the explosive demand for computing power in the AI era and the transformation of the new power system [3]. Market Dynamics and Infrastructure Needs - The global surge in computing power, driven by the overseas token market, has led to a significant increase in electricity demand, making the synergy of "computing follows electricity" and "electricity follows computing" urgent. Many developed countries face outdated infrastructure issues, necessitating urgent updates to core facilities like power grids and transportation networks [4]. Investment Opportunities in Key Sectors - The first batch of national standards for "computing and electricity synergy" has been initiated, and the State Grid's expected investment plan of 4 trillion yuan during the 14th Five-Year Plan period may lead to a revaluation of four core sectors: 1. Intelligent computing centers and integrated projects (computing + electricity operators): Companies with dual capabilities in "electricity resources + computing operations" are emerging, participating deeply in the development and scheduling of green electricity [5]. 2. Power information technology and AI scheduling (virtual power plants/software platforms): The key to synergy lies in the "brain," with new energy power forecasting and virtual power plant aggregation systems acting as the "operating system" of the new power system [6]. 3. Power sources and electrical equipment (hardware foundation): The extreme reliability requirements of computing centers are driving the rigid demand for disaster-resistant distribution equipment, efficient UPS (uninterruptible power supply), and smart grid devices [7]. 4. Green electricity operation and energy services (low-cost advantages): Operators with large-scale, low-cost green electricity resources will become scarce as the requirement for green electricity exceeds 80% [8]. Industry Outlook - According to CITIC Securities, the dual carbon goals and the construction of a new power system will remain the main theme of power system construction throughout the 14th Five-Year Plan. The continuous increase in electricity demand driven by AI development and the global cycle of power equipment updates will lead to ongoing exploration and development of new business models like "computing and electricity synergy" [8].