8月20日，由郑州商品交易所、芝加哥商业交易所（简称芝商所）集团联合主办的2025中国（郑州）国 际期货论坛正式开启。在当日下午举行的农产品（油脂油料）论坛上，芝商所集团亚太区能源产品执行 总监尼古拉斯·迪皮斯作"生物燃料与可再生能源"主题演讲，分享了生物燃料市场的最新政策动向、生 产格局、交易工具创新及航运脱碳关键进展。 尼古拉斯·迪皮斯表示，生物燃料市场发展需平衡政策合规、原料可持续性与成本控制等三重目标。芝 商所集团将持续完善衍生工具箱，通过提供风险管理解决方案，助力全球能源转型与低碳目标实现。在 全球气候行动加速的背景下，生物燃料产业链的创新发展正为绿色航运和交通脱碳注入强劲动力。 据期货日报记者了解，为应对市场快速发展需求，芝商所集团构建了覆盖生物燃料全产业链的衍生品体 系。在原料端有玉米、大豆油、欧洲菜籽油等期货和期权产品，而在燃料产品端则有RBOB汽油、超低 硫柴油、乙醇及生物柴油期货。 ...

以下文章来源于科创板日报 ，作者牛占林 科创板日报 . 科创圈都在关注的新型主流媒体，上海报业集团主管主办，界面财联社出品。 当地时间周三，美国总统特朗普表示，他的政府将不会批准光伏或风力发电项目，即便在那些电力供应不足的地区。 特朗普当天在Truth Social平台发文称："我们不会再批准破坏农田的风电或光伏项目。美国的愚蠢时代已经结束！"他此前也数次表态，任 期内不会批准风电或光伏项目。 此番表态之前，联邦政府已于上月收紧可再生能源的联邦许可流程。目前，所有审批权被收归内政部长道格·伯格姆办公室。 特朗普将美国电价上涨归咎于可再生能源。他指出，随着燃煤电厂等传统机组不断退役，而数据中心及其他行业的用电需求快速增长，美国 最大电网运营商PJM Interconnection出现供需紧张，推动电价上涨。 在上月举行的一次容量拍卖中，PJM新发电力容量的价格同比上涨了22%。PJM电网覆盖美国中西部和南部的13个州，PJM通过年度容量 拍卖设定电价，电力供应商通过竞标来满足该地区预期需求。 但根据劳伦斯伯克利国家实验室的数据，能够最快缓解供需缺口的，恰恰是光伏与电池储能项目，这两类项目几乎占据了电网排队并网项 ...

大家早上好！这里是今天的早报，每天早上，我都会在这里跟你聊聊昨夜今晨发生了哪些大事儿。 昨夜今晨 【特朗普重申：美国将不再批准光伏或风电项目】 据财联社，当地时间周三，美国总统特朗普表示，他的政府将不会批准光伏或风力发电项目，即便在那些电力 供应不足的地区。 特朗普当天在Truth Social平台发文称："我们不会再批准破坏农田的风电或光伏项目。美国的愚蠢时代已经结 束！"他此前也数次表态，任期内不会批准风电或光伏项目。 此番表态之前，联邦政府已于上月收紧可再生能源的联邦许可流程。目前，所有审批权被收归内政部长道格· 伯格姆办公室。 可再生能源企业担心，原本按部就班即可获批的项目，如今可能将无法获得许可。特朗普周三的言论，预计会 进一步加剧这些担忧。 特朗普将美国电价上涨归咎于可再生能源。他指出，随着燃煤电厂等传统机组不断退役，而数据中心及其他行 业的用电需求快速增长，美国最大电网运营商PJM Interconnection出现供需紧张，推动电价上涨。 【何猷君入主NBA凯尔特人队，成为联合老板，球队估值61亿美元】 据每日经济新闻，北京时间8月20日，凯尔特人官方宣布，在NBA董事会一致批准后，由威廉·奇 ...

为了扩大可再生能源的普及，韩政府将设置风力发电设备，缩短环境影响评价期限，改善各种许可 程序等。环境部决定将"热泵"作为减少温室气体排放量的手段纳入2035NDC。除汽车外，建筑机械、农 机、造船等领域也要实施电动化路线。韩政府决定到2040年，阶段性关闭40台设计寿命超过30年的煤炭 发电机。此前，李在明总统曾承诺到2040年废除煤炭火力发电。此外，韩政府计划同时实现温室气体减 排和产业竞争强化，制定"脱碳转换战略"并以该战略为基础出台"碳中立产业法"。 据韩联社8月17日报道，韩国环境部和产业通商资源部向国会气候危机应对特别委员会提交报告表 示，电动车占新车比重达到30%之前将持续提供补贴等各种支援政策。根据报道材料，韩政府决定上调 2030年可再生能源装机容量目标，并反应在"2035年国家温室气体减排目标（2035NDC）"和"第六次新 可再生能源基本规划"中。 （原标题：韩政府决定扩大可再生能源普及） ...

据韩国《朝鲜BIZ》8月13日报道，韩国国会企划委员会13日公布的"施政五年规划方案"中提出，为 同时达成经济增长与碳中和目标，将构筑以可再生能源集群地区的湖南为中心的全国高压直流电力输送 网络（HVDC），到2030年建设完成以西海岸为中心的能源高速线路，之后扩大至南海岸和东海岸，到 2040年覆盖全国。将可再生能源装机容量由现在的35.1GW扩大至2030年78GW，将输电线路由现在的 37169 c-km（电路千米）扩大至2030年的48592c-km。同时，扩大农业、产业园区、水上光伏基地，建 设海上风电园区和专用港口。在全罗南道和京畿道东南部建设"RE100"产业园区，并为出口企业提供碳 排放量计算及碳减排帮扶等一站式服务。 （原标题：韩政府公布新能源电力输电基础设施建设计划） ...

内地公用业务方面，虽面对关税问题影响，经济环境及北方暖冬等因素挑战，城市燃气售气量仍保持稳 定。另外通过顺价工作、精细化管理及积极与上游供气企业建立紧密合作关系，燃气业务利润保持稳 定，城市燃气综合价差提升4仙人民币/立方米至0.54元人民币/立方米。 可再生能源业务方面，集团旗下港华智慧能源有限公司核心利润增长2%至港币7.19亿元，其中，截至 2025年6月30日，累计光伏併网2.6吉瓦，工商业储能累计并网260兆瓦时。集团继续大力推动以"光伏 +储能+售电"一体化的减碳业务模式，进一步提升业务盈利能力。 绿色甲醇业务实现突破，期内与佛燃能源（002911）合资成立VENEX，计划在佛山设厂生产，第一期 产能每年20万吨，预期在2027年下半年投产。集团携手香港特区政府及行业伙伴，就绿色甲醇生产、储 运、加注及交易开展战略合作，推进香港绿色航运燃料枢纽建设。 香港中华煤气(00003)公布2025年中期业绩，营业额275.14亿港元，同比增长0.07%;税后经营利润39.96 亿港元，同比增长2.86%;股东应占溢利29.64亿港元，同比减少2.5%;每股基本盈利15.9港仙，每股中期 股息12港仙。 香 ...

Core Viewpoint - Towngas Smart Energy (TGSE) reported a 2% year-on-year growth in earnings to HK$758 million in 1H25, which was 2% below expectations. The company anticipates a 32% increase in earnings in 2H25, driven by higher profits from its renewable business [1][5]. Financial Performance - The profit after tax from the natural gas business increased by 6% year-on-year to HK$527 million, with flat gas sales volume as residential growth was offset by a decline in commercial sales. The dollar margin improved from RMB0.56/m³ in 1H24 to RMB0.57/m³ in 1H25 [1]. - New connections decreased by 16% year-on-year to 0.38 million households in 1H25, leading to a 30% drop in profit after tax for this segment to HK$219 million, with profit margin contracting from 38.5% in 1H24 to 35.1% in 1H25 [2]. - The renewable business's net profit grew by only 5% year-on-year to HK$172 million in 1H25 [2]. Renewable Energy Projects - TGSE launched new distributed photovoltaic (PV) projects with a total capacity of 280 MW, resulting in a 44% year-on-year increase in total power generation. However, the unit gross profit decreased by RMB0.04/kWh due to lower power tariffs, leading to an 11% year-on-year increase in operating profit from PV power generation to RMB169 million [3]. Restructuring and Gains - The gain from the disposal of partial stakes in distributed PV projects fell by 15% year-on-year to RMB37 million in 1H25, as only stakes in 120 MW projects were disposed of. Profit from energy and carbon management also decreased by 13% year-on-year to RMB25 million due to a high base in power trading last year [4]. - The restructuring of TGSE's extended business was completed in 1H25, resulting in a HK$100 million gain from the restructuring, with the company now holding only 12% of a joint venture majority-owned by its parent [4]. Future Outlook - The company expects earnings to surge by 32% in 2H25, primarily due to higher profits from the renewable business, as approximately 63% of the renewable business's profit in 2024 was generated in 2H24 [5]. - The target price has been reduced from HK$4.99 to HK$4.77, reflecting cuts in earnings forecasts, with the new target price equating to 9.6 times the estimated P/E for 2025 [5].

Group 1 - The Spanish chemical industry has benefited from energy cost advantages due to electricity policies, but adapting to a green economy remains a long-term challenge [1][2] - The "Iberian exception clause" has significantly reduced electricity costs, with an average decrease of 70% in energy expenses for companies until 2024 [2] - Despite the benefits from the "Iberian exception clause," the chemical industry still faces high taxes and costs related to energy and emissions [2] Group 2 - Environmental compliance and waste management are becoming core challenges for the chemical industry, surpassing concerns about traditional energy costs in the long term [3] - Issues such as waste treatment capacity, regulatory compliance, and necessary infrastructure for industrial operations are critical for maintaining the health of the chemical sector [3] - The closure of Grupo Industrial Cristian Lay's steel plant highlights the conflict between environmental policies, urban planning, and industrial competitiveness [3] Group 3 - Renewable energy is unlikely to fully replace fossil fuels in all industrial sectors in the short term, but Spain has made significant progress in energy transition, particularly in regions lacking industrial facilities [3][4] - The Extremadura region, rich in lithium reserves, is attracting battery superfactory investments, which are expected to create 3,000 jobs [3] - Recent announcements of five energy storage projects in Extremadura indicate ongoing investment in renewable energy, although project delays in design and permitting processes remain a concern [4]

Group 1: Policy Support and Financing - The People's Bank of China aims to enhance policy support to invigorate the movable asset financing market, which is crucial for small and medium-sized enterprises to address financing challenges [1] - There is a significant amount of movable assets in China that remain underutilized, with the utilization rate still below international levels [1] - Future efforts will focus on policy guidance, reform deepening, and creating a positive market ecosystem to improve asset utilization and financing accessibility for SMEs [1] Group 2: Technological Advancements and Applications - Hebei Province is implementing a three-year action plan (2025-2027) to promote the large-scale application of Beidou technology, integrating it with 5G, AI, IoT, and satellite internet to enhance system reliability and autonomy [2][6] - The plan includes building a national spatiotemporal big data center hub and a public service platform for Beidou, aiming to improve infrastructure efficiency and create a comprehensive spatiotemporal information service network [6] Group 3: Financial Support for Innovation - Guangdong Province has released funding management guidelines for the artificial intelligence and robotics industry, offering up to 50 million yuan (approximately 7 million USD) in support for national-level manufacturing innovation centers [3] - The funding will cover up to 40% of the total costs for newly purchased R&D equipment and software, effective from September 1, 2025, until December 31, 2027 [3] Group 4: Market Dynamics in Technology - IDC's research indicates that Huawei regained the top position in China's smartphone market in Q2 2025, with a total global smartphone shipment of 297 million units, reflecting a year-on-year growth of 1.4% [4] - The report highlights that only Apple remains as the foreign brand among the top five smartphone manufacturers in China [4] Group 5: Renewable Energy Initiatives - Beijing is planning to implement measures to accelerate the application of photovoltaic technology on building facades and other infrastructures, aiming to enhance renewable energy generation capacity [5][10] - The city is also focusing on hydrogen energy infrastructure development and expanding the use of hydrogen fuel vehicles [10] Group 6: Market Opportunities in Cryptocurrency - Gemini, a regulated cryptocurrency exchange, has filed for an IPO with an estimated fundraising target of 400 million USD, serving over 60 countries with a significant user base [9] - As of June 30, 2025, Gemini reported 523,000 monthly active trading users and a total cryptocurrency asset custody of 18 billion USD [9] Group 7: Display Technology Investment - Counterpoint Research forecasts that global spending on display equipment will reach 75.8 billion USD from 2020 to 2027, driven by demand from IT, automotive, and emerging XR sectors [11]

发言人强调，新版PDP必须具备透明性、独立性，并广泛听取各方意见。 此前，2024年6月已展开的PDP草案公众咨询收集了诸多建议，如适当的可再 生能源占比、电网基础设施准备、经济增长对用电需求的影响，以及引入新型 能源技术（如小型模块化反应堆SMR）的紧迫性。 （原标题：泰国能源部推动编制新版国家电力发展规划） 新版PDP将聚焦以下几点核心目标：民众真正享有清洁能源的可及性；实 现合理价格的公平电力体系；鼓励社区参与发电，提升地方经济与能源自主 性。 据泰媒报道，近日，泰国总理府副发言人萨西坎女士透露，泰国政府由副 总理兼能源部长披拉潘领导，正准备成立"新版国家电力发展规划（PDP）委 员会"，旨在制定与经济、科技发展趋势及未来能源需求相符的能源规划，特 别是鼓励民众参与及推动可再生能源发展。 此外，披拉潘部长于2025年7月31日向国会说明，未来将大力推动民众利 用太阳能及农业废弃物发电，降低能源成本并增加农村收入。政府还计划推动 小型社区电厂项目，让民众真正成为国家能源体系的一部分。 ...