中新网北京12月25日电 (记者王梦瑶)"能源可持续发展研讨会"25日在北京举行，会上正式发布了"国证 能源可持续发展指数"。 "国证能源可持续发展指数"由中国能源研究会与深圳证券信息有限公司联合开发，指数简称"能源 ESG"，英文名称为CNI Energy Sustainable Development Index，英文简称为CNIEESG。 据介绍，该指数在选样方法上，首先对入围证券按照最近半年A股日均成交金额和最近半年 A股日均总 市值从高到低排序，分别剔除排名后20%的证券；然后结合中国能源研究会ESG评分和国证 ESG评分， 按照评分从高到低排序，选取前50名证券作为指数样本。 能源可持续发展指数50家样本公司是从上海、深圳、北京三地交易所的上市公司中，选取可持续发展 (ESG)综合得分靠前、盈利能力较强、成长性较高的公司作为指数样本，总市值为5.9万亿元，样本公司 平均市值1182亿元，总市值超千亿的样本12只。其中，长江电力、中国神华、中国石油、中国石化、陕 西煤业、中国核电、中国海油、三峡能源、国电电力、华能国际前十大样本权重合计65%。 中国能源研究会理事长史玉波表示，这不仅是衡量能源产业可 ...

六大趋势展望能源可持续发展 12月25日，由中国能源研究会与深圳证券信息有限公司联合开发的"国证能源可持续发展指数"在"能源 可持续发展研讨会"上正式发布。 "国证能源可持续发展指数"指数简称"能源ESG"，英文名称为CNI Energy Sustainable Development Index，英文简称为CNIEESG，指数代码为980133。 据中国能源研究会能源金融与法律分会主任委员陈景东介绍，"国证能源可持续发展指数"在选样方法 上，首先对入围证券按照最近半年A股日均成交金额和最近半年A股日均总市值从高到低排序，分别剔 除排名后20%的证券；然后结合中国能源研究会ESG评分和国证ESG评分，按照评分从高到低排序，选 取前50名证券作为指数样本。 "能源ESG"指数累计收益率达40% 能源可持续发展指数50家样本公司是从上海、深圳、北京三地交易所的上市公司中，选取可持续发展 （ESG）综合得分靠前、盈利能力较强、成长性较高的公司作为指数样本，总市值为5.9万亿元，样本 公司平均市值1182亿元，总市值超千亿的样本12只。其中，长江电力（600900）、中国神华 （601088）、中国石油（601857 ...

"'十五五'期间，确保能源安全供应裕度、深化供应结构调整，将带动电力投资继续保持较快增长；系统调节成本预计达到万亿元级，拉动全国电力供应成 本增长约0.04元/千瓦时。"中国电力企业联合会规划发展部主任张琳在12月25日由中国能源研究会在北京主办的"能源可持续发展研讨会"上表示。 "十三五"到"十四五"期间，国内新能源电量渗透率从3.3%上升至22%。张琳预计，2030年这一比例将达到30%；新能源总装机在2035年将达到36亿千瓦，未 来每年新增装机2亿千瓦以上。 风电、光伏装机的大规模发展，导致电网出现了一定的消纳困难。 根据张琳提供的数据，随着风电、光伏装机量的持续增长，风光利用率已出现下降的苗头，个别省份已低于90%。以2030年新能源装机28亿千瓦测算，电网 面临的消纳压力将进一步加大。 "国内外均有研究表明，当新能源渗透率超过15%后，电力系统成本会显著上升。目前（电网）对新能源的消纳也面临困难，通过加快抽水蓄能和新型储能 建设，有望破解新能源消纳难题。"张琳说。 张琳进一步称，通过储能破解新能源消纳问题，一方面需要增加电网侧或共享储能的安装，提升储能利用效率；另一方面要通过长时储能，增强保供能力 ...

Core Viewpoint - The "National Certificate Energy Sustainable Development Index" (Energy ESG) was officially launched, marking a significant step in promoting green and low-carbon transformation in the energy sector [1][2]. Group 1: Index Development - The index was developed by the China Energy Research Society and Shenzhen Securities Information Co., Ltd. [1] - The selection process involved ranking securities based on average daily trading volume and market capitalization, followed by ESG scoring to select the top 50 companies [1]. - The total market capitalization of the 50 sample companies is 5.9 trillion yuan, with an average market capitalization of 118.2 billion yuan [1]. Group 2: Sample Companies - The index includes companies with strong ESG scores, profitability, and growth potential, with 12 companies having a market capitalization exceeding 100 billion yuan [1]. - The top ten companies by weight in the index account for 65% of the total weight, including major players like China Yangtze Power, China Shenhua, and China Petroleum [1]. Group 3: Future Plans - The China Energy Research Society plans to collaborate with leading investment institutions to create ESG index funds (ETFs) that track the Energy ESG index [2]. - The goal is to establish a complete ecosystem that includes standard setting, index representation, and fund empowerment to position the index as a core benchmark for ESG investment in the energy sector [2].

Core Points - The Shanghai Cooperation Organization (SCO) member states emphasize the need to maintain energy security and market stability while promoting fair energy transformation according to national conditions [2][3] - The declaration reaffirms commitment to the United Nations 2030 Sustainable Development Agenda Goal 7, ensuring access to affordable, reliable, and sustainable modern energy for all [2] - The member states call for expanded cooperation in practical collaboration, technological innovation, and capacity building to achieve sustainable energy development [3] Group 1 - The global energy landscape is undergoing profound adjustments, necessitating a focus on energy security and ecological protection [2] - Member states aim to implement joint projects in the energy sector, including the construction of new energy infrastructure and upgrading existing facilities [3] - There is a call for investment cooperation based on the priority development directions of each member state [3] Group 2 - The cooperation will include exploration, development, utilization, and maintenance of energy resources, as well as trade, project investment, construction, and operation [3] - The member states emphasize the importance of developing and utilizing advanced energy technologies and fostering research collaboration among SCO member research institutions [3] - There is a focus on strengthening professional talent training and creating favorable conditions for sharing experiences, knowledge, and technological achievements in the energy sector [3]

Core Insights - As of the end of August, China's cumulative installed solar power capacity reached 1.12 billion kilowatts, representing a year-on-year growth of 48.5%, while wind power capacity reached 580 million kilowatts, with a year-on-year increase of 22.1% [1] - The total installed capacity of solar and wind power combined is approximately 1.7 billion kilowatts, equivalent to the total capacity of over 70 Three Gorges power stations [1] - In conjunction with the 10th anniversary of the Paris Agreement, China announced new national contributions, aiming for non-fossil energy consumption to account for over 30% of total energy consumption by 2035, and to increase total installed capacity of wind and solar power to over six times that of 2020, targeting 3.6 billion kilowatts [1] - The new targets for 2035 are based on scientific calculations reflecting energy growth trends and structural transformation needs, showcasing China's foresight and ambition in sustainable energy development [1] - China possesses the industrial foundation, technological advantages, and market scale necessary to achieve these new targets, supported by a complete industrial chain, leading technologies, and continuous innovation capabilities [1]

Report Information - Report Type: Steel Daily Review [1] - Date: September 3, 2025 [2] - Research Team: Black Metal Research Team [3] - Researchers: Zhai Hepan, Nie Jiayi, Feng Zeren [3] 1. Market Review and Future Outlook 1.1 Spot Market Dynamics and Technical Analysis - On September 2, some rebar and hot-rolled coil spot markets saw price drops. Rebar prices in Changsha dropped by 30 yuan/ton, and in other cities by 10 - 20 yuan/ton. Hot-rolled coil prices in some cities dropped by 10 - 20 yuan/ton, while in Shenyang, it rose by 10 yuan/ton [8]. - The daily KDJ indicators of rebar 2601 contract showed a split trend, with the J value rebounding, the K value nearly flat, and the D value continuing to decline. The daily KDJ indicators of hot-rolled coil 2601 contract continued to decline after a dead cross the previous day. The daily MACD green bars of both contracts have been expanding [8]. 1.2 Future Outlook - News: Recently, some northern steel mills started the first round of coke purchase price cuts, and iron ore spot prices also showed a weakening trend [9]. - Fundamentals: The production and demand of the five major steel products continued to rise slightly, while the steel mill inventory continued to decline slightly, but the social inventory reached a new high since early May. The blast furnace capacity utilization rate and daily hot metal output decreased slightly but remained at a high level. Since early August, steel mill profits have generally declined by 140 - 200 yuan/ton, which has a suppressing effect on raw material prices. Steel mill iron ore inventories have declined for two consecutive weeks, and the purchasing sentiment has turned flat. After the eighth round of coke spot price increase, there are rumors that Hebei steel mills plan to conduct the first round of coke price cuts on September 5. Mongolia will increase coal exports to China, causing coke and coking coal futures to turn weak again [10]. - Overall: Recently, the production restrictions in Beijing-Tianjin-Hebei, Shandong, and Henan were not as effective as previously shown in the market. Constrained by the under - expected demand in the steel spot market and the significant narrowing of steel mill profits, the steel market in the early part of September will face pressure from weak demand and the loss of cost support. However, this situation is unlikely to continue after mid - September. There is hope for a long - term slow - bull market in the steel market from mid - September to November, similar to the domestic stock index slow - bull trend from April to August [11]. 2. Industry News - The Shanghai Cooperation Organization member states issued a statement on energy sustainable development on September 1, calling for deeper cooperation in the energy field [12]. - On September 2, the China Federation of Logistics and Purchasing released the logistics industry prosperity index for August, which expanded significantly. The business volume index and new order index continued to expand [12]. - Tianfeng Securities gave a "Buy" rating to China Shenhua, citing its integrated operation model, stable coal and power businesses, and high - return profit distribution plan [12]. - Five major traditional power generation companies achieved a total net profit of 24.267 billion yuan in the first half of 2025, a new high since 2016 [13]. - According to CITIC Securities, the total net profit of sample coal companies decreased by about 32% year - on - year and 15% quarter - on - quarter in the first half of the year. However, the industry's supply - demand pattern may improve in the second half, and the coal price center may rise [13]. - The 62 - day railway summer transportation ended on August 31, with passenger and freight volumes reaching record highs [13]. - In July 2025, the total import and export volume of automobile products was 24.98 billion US dollars, with exports showing significant growth [13]. - Fenix Resources signed a mining rights agreement with Sinosteel Midwest Corporation [13]. - India's power generation increased by 4% in August, and the proportion of coal - fired power generation rose [13]. - Russia's Yakutia region plans to increase coal production to over 50 million tons in 2025 [13]. - In July 2025, global pig iron production decreased by 0.2% month - on - month and 4.4% year - on - year [13]. - The EU is taking measures to ensure that Russian gas will not be mixed into its supply system after the 2027 ban [14]. 3. Data Overview - The report provides multiple data charts including spot prices, social inventories, production, and capacity utilization rates of steel products, with data sources from Mysteel and the research and development department of Jianxin Futures [16][18][25]

Core Viewpoint - The Shanghai Cooperation Organization (SCO) member states emphasize the need for sustainable energy development and call for expanded cooperation in various areas to enhance energy security and promote fair energy transition [3][4]. Group 1: Practical Cooperation - Member states advocate for the implementation of joint projects in the energy sector, including the construction of new energy infrastructure and the upgrading of existing facilities, based on mutually beneficial conditions [3][4]. Group 2: Technological Innovation Cooperation - There is a push for the development and application of advanced energy technologies, with a focus on attracting research institutions from SCO member states to engage in studies related to energy resource exploration, development, trade, and project investment [4] . Group 3: Capacity Building - The member states emphasize the importance of strengthening cooperation in professional talent training, creating favorable conditions for the exchange of experiences, knowledge, best practices, and technological achievements in the energy sector [4].

Core Viewpoint - The Shanghai Cooperation Organization (SCO) member states emphasize the need for energy security and market stability while promoting a fair energy transition tailored to national conditions, aiming to enhance the well-being of their people and protect the environment [2][3]. Group 1: Practical Cooperation - Member states call for the expansion of practical cooperation in the energy sector, including the implementation of joint projects for new energy infrastructure and upgrading existing facilities based on mutual benefits [2]. Group 2: Technological Innovation - There is a push for cooperation in technological innovation, focusing on the development and application of advanced energy technologies, and encouraging research by SCO member state scientific institutions [4]. Group 3: Capacity Building - The member states aim to strengthen cooperation in professional talent training, creating favorable conditions for the exchange of experiences, knowledge, best practices, and technological achievements in the energy sector [5]. Group 4: High-Level Joint Research - The Chinese side has proposed the implementation of high-level joint research projects in the energy sector by 2030, including seminars and training programs, to address global energy agenda issues and promote a fair and sustainable energy development model [6].

Core Viewpoint - The Shanghai Cooperation Organization (SCO) member states emphasize the need for energy security and market stability while promoting a fair energy transition tailored to national conditions, aiming to enhance the well-being of their populations and protect the environment [2][3]. Group 1: Energy Cooperation - Member states call for the expansion of practical cooperation in the energy sector, including the implementation of joint projects for new energy infrastructure and the upgrading of existing facilities based on mutual benefits [2]. - There is a focus on promoting technological innovation cooperation by developing and utilizing advanced energy technologies, encouraging research among member states' scientific institutions [3]. - Capacity building is highlighted as essential, with an emphasis on training professionals and sharing experiences, knowledge, and best practices in the energy sector [3]. Group 2: Sustainable Development Goals - The SCO reaffirms its commitment to the United Nations 2030 Sustainable Development Agenda, particularly Goal 7, which aims to ensure access to affordable, reliable, sustainable modern energy for all [2]. - The member states believe that effective energy cooperation within the SCO region will contribute to addressing global energy agenda issues and foster a fair and sustainable energy development model [3].