文 | 中关村储能产业技术联盟 2 0 2 5年10月储能政策从国家到地方共有90项发布或征求意见，涉及电价政策、电力市场、 补贴政策、示范项目等方面，中关村储能产业技术联盟对本月储能政策进行了梳理解读，希 望与业界同仁共同交流探讨。 一、政策数据概览 根据CNESA Da t aLi n k全球储能数据库的不完全统计，2025年9月份 共发布储能相关政策 9 0 项 ， 其 中 国 家 层 面 发 布 9 项 。 从 重 要 程 度 来 看 ， 非 常 重 要 类 39 项 ， 其 中 ， 国 家 、 广 东、河北、青海 发布数量居多，从政策类别来看， 电价政策、电力市场政策居多。 二、重要政策概览 【国家层面】 国家商务部、海关总署发布对锂电池和人造石墨负极材料相关物项实施出口管制的决定 ，对锂电池相关物项和正极材料相关物项等实施管制，包括3A0 0 1 重量能量密度大于等 于3 00 Wh/ k g的可充放电锂离子电池、用于制造可充放电锂离子电池的设备等。 国家发展改革委、国家能源局发布《跨省跨区电力应急调度管理办法》 ，提到应急调度 在受入省的落地侧电价，按省间现货市场结算价格上限或南方区域现货市场出 ...

Core Points - The COP30 concluded with a political outcome titled "Global Multilateralism: Humanity United to Address Global Climate Change," which includes commitments to triple adaptation financing by 2035 and emphasizes the need for developed countries to enhance climate financing for developing nations [1][3] - The conference faced significant disagreements, particularly regarding the timeline for phasing out fossil fuels and financial support for developing countries, leading to a dramatic moment where Colombia's representative objected to the final text, causing a temporary recess [2][4] - The conference successfully adopted the Just Transition Work Programme (JTWP), which aims to ensure that the transition to a low-carbon economy is fair and inclusive, addressing the needs of developing countries [3][4] Summary by Sections Political Outcomes - COP30 achieved a key political document that advances the implementation of the Paris Agreement into the next decade, signaling strong multilateralism and international cooperation [3][4] - The conference highlighted the importance of increasing adaptation financing and addressing gender equality and the needs of vulnerable populations [4][5] Challenges and Disagreements - Major points of contention included the timeline for fossil fuel phase-out and financial commitments to developing nations, which remained unresolved until the last moment [2][4] - Colombia's objection to the final agreement underscored the tensions and dissatisfaction among some nations regarding the outcomes of the negotiations [2][4] Future Directions - The core resolution from COP30 calls for accelerated global climate action and emphasizes the need for countries to implement their national climate plans effectively [5] - The conference acknowledged the ongoing challenges in funding and addressing climate disasters but reaffirmed the commitment to a renewable energy future [5]

每经记者｜周程程 每经编辑｜毕陆名 7月30日，国家能源局举行新闻发布会并发布数据显示，上半年，可再生能源发电规模持续扩大。截至 2018年6月底，我国可再生能源发电装机达到6.8亿千瓦，同比增长13%。 其中，风电和光伏发电消纳形势持续好转，弃电量和弃电率"双降"。并且，上半年，有18个省（区、 市）没有弃风限电，有22个省（区、市）没有弃光限电。 值得注意的是，弃风、弃光率均超过5%只有甘肃、新疆两地区。 有能源领域专家在接受《每日经济新闻》记者采访时表示，由于我国资源和负荷分布的不均衡性，加之 西北可再生能源富集省份本地消纳空间有限，加快推进跨省跨区电力市场化交易对促进清洁能源消纳意 义重大。 可再生能源发电规模扩大 近年来，中国可再生能源发展速度加快。BP集团首席经济学家戴思攀对《每日经济新闻》记者表示， 2017年中国的可再生能源发电增长了2500万吨油当量，打破了此前的增长纪录。不仅如此，如果把2017 年所有国家不同能源品种的增量进行排序，中国的天然气和可再生能源将分别列为第一和第二。 戴思攀指出，中国引领了全球可再生能源消费，占全球增长的36%。在可再生能源中，太阳能消费增长 最快，达76%。 ...

高盛闭门会-ai 数据中心带来能源新增长，关键投资机会在 电网和电池 20251123 摘要 全球能源需求持续增长，人工智能和数据中心是主要驱动力，天然气作 为过渡燃料的重要性再次凸显，石油需求预计将持续增长至 2040 年， 表明能源结构转型并非一蹴而就。 美国在清洁技术领域保持领先地位，德克萨斯州成为美国清洁技术中心。 欧洲则关注欧盟排放交易体系（EUETS）的未来走向，预计 2026 年边 境调整生效后将获得更多支持。 大型公用事业公司预测欧美电力需求将增长 2%-3%，微软、谷歌、英 伟达等科技巨头在欧洲数据中心领域投资增加，预示欧洲数据中心市场 正快速发展。 全球范围内可再生能源持续推进，即使在传统碳氢化合物地区如德克萨 斯州。印度人均 GDP 快速增长带动能源消费，中国以外地区电动车渗透 率低，塑料需求强劲，共同推动全球能源消费增长。 电池储能会议聚焦数据中心和人工智能领域的电力需求，中国在储能领 域占据主导地位，拥有完整供应链和快速产能扩张能力，预计 2024- 2026 年全球电池价格将下降 50%以上。 Q&A 今年（2025 年）碳排放会议上有哪些值得关注的新趋势？ 今年的碳排放会议上，能 ...

Core Insights - Europe is at the forefront of global energy transition, aiming to reduce greenhouse gas emissions by 55% by 2030 and achieve net-zero emissions by 2050, heavily relying on the integration of variable renewable energy sources like wind and solar [3][7] - The traditional centralized grid is inadequate for this new model, making smart grids essential as a digital backbone for green energy infrastructure [3][4] Digital Solutions: How Smart Grids Work - Smart grids utilize advanced digital technologies, sensors, and intelligent software to manage electricity production, transmission, distribution, and consumption in real-time, enabling bidirectional flow of electricity and data [4] - Real-time visibility allows operators to balance supply and demand more accurately, adjusting output to address fluctuations caused by renewable energy intermittency [4][6] - Automation is a key feature, enabling self-detection of faults and re-routing of electricity with minimal human intervention, enhancing grid resilience and reducing outage times [4][6] Key Mechanisms for Balancing Supply and Demand - Demand response (DR) programs allow consumers and businesses to actively manage their energy use during peak times or when renewable generation is low, contributing to grid stability [6] - Energy storage systems, including battery energy storage systems (BESS) and vehicle-to-grid (V2G) technologies, play a crucial role in storing excess energy during high production periods and releasing it during shortages [6] - Digital twin technology and predictive analytics are transforming grid management by simulating scenarios and forecasting user demand, optimizing resource allocation for a stable energy ecosystem [6] Policy Focus and Investment - Europe prioritizes smart grid development as a key policy initiative, with significant funding from the Connecting Europe Facility (CEF) energy program to enhance grid infrastructure and flexibility [7] - The European Investment Bank (EIB) has increased support for energy grids and related supply chains, emphasizing the modernization of grid infrastructure to meet climate goals and ensure energy independence [7] - Smart grids are positioned as a critical driver to transform the challenges of renewable energy variability into opportunities for a more flexible, resilient, and sustainable energy future [7]

Core Points - The COP30 conference in Brazil is a critical moment for global climate action, focusing on climate financing, emissions reduction, and resilience against climate change [1][3][4] - The conference aims to address the complex disagreements among wealthy nations, oil-producing countries, and vulnerable nations regarding climate financing and fossil fuel dependency [5][12][16] Climate Financing - A key topic of discussion is the financial support that wealthy nations should provide to poorer countries to combat climate change, with a previous agreement to provide $300 billion annually by 2035 and a larger goal of raising $1.3 trillion from various sources [5][12] - The conference seeks to establish a roadmap to increase climate financing to $1.3 trillion by 2035, highlighting the need for a balanced approach to adaptation resources and emission reductions [12][13] Fossil Fuel Dependency - The issue of fossil fuels remains contentious, with calls for a phased elimination of oil, coal, and natural gas, as recognized in the COP28 agreement [6][12] - The conference aims to create a fair and orderly transition from fossil fuels to renewable energy, emphasizing the necessity of addressing misinformation that undermines this transition [14][15] Global Participation - The absence of a formal U.S. delegation at COP30 marks a significant shift, with concerns raised about the implications for global climate leadership [7][8][10] - Despite the U.S. absence, many state and local representatives, as well as environmental organizations, participated in the conference, indicating ongoing engagement at various levels [8][9] China's Role - China is emerging as a key leader in global climate action, committing to ambitious Nationally Determined Contributions (NDCs) that align with the Paris Agreement goals [10][11] - China's NDC targets include a significant reduction in greenhouse gas emissions and ambitious renewable energy development goals, showcasing its commitment to climate action [10][11] Conference Challenges - The conference faced challenges, including a fire incident that delayed discussions and highlighted the complexities of reaching consensus among diverse negotiating groups [15][16] - The Brazilian president emphasized the need for a serious approach to energy transition, allowing countries to determine their timelines and capabilities for climate action [16][17]

来源 | 总台环球资讯 美国政府未派高级官员参加在巴西举行的《联合国气候变化框架公约》第三十次缔约方大会 （COP30）。对此，前美国总统气候问题特使约翰·克里日前在接受美国媒体采访时表示，美国不可能 靠"转身走人"赢得气候竞争。 0:00 克里还指出，中国已成为全球最大的可再生能源生产国和应用国，其可再生能源部署规模已超过全球其 他国家的总和。"他们深知这是一个新兴市场，而中国目前在这一领域表现极为出色。" 监制 | 邹浩宇 责编：张靖雯、张霓 编译 | 罗光旭 签审 | 王昆鹏 李琳 ...

Core Insights - The investment outlook for Q4 2025 highlights a dual characteristic of a clearer policy direction and accelerated technological innovation, with the rise of artificial intelligence (AI) and expectations of interest rate cuts from the Federal Reserve being the main market drivers [1][10] - Despite uncertainties from policy fluctuations and economic data, risk assets still have upward potential, necessitating investment strategies focused on trend identification and diversification [1][10] Economic Environment - The global economy shows significant resilience, with the U.S. economy performing better than expected and corporate earnings exceeding market forecasts at a near historical high [1][10] - The technology and data economy, while only accounting for 8.5% of U.S. GDP, represents 48% of the S&P 500 index market capitalization, becoming a crucial support for the stock market [1][10] Artificial Intelligence Impact - AI has entered a phase of large-scale application and commercialization, acting as a growth engine across various industries, including chip manufacturing, cloud infrastructure, retail, and logistics [2][3] - The investment scale in AI continues to expand, providing strong momentum for global stock markets, with China standing out in AI innovation and patent positioning, making its companies attractive compared to global peers [2][3] Asian Market Opportunities - The Asian market benefits from favorable factors, including supportive policies and structural trends, creating investment opportunities [2][3] - China's supply-side reforms and AI innovations are boosting market confidence, while Singapore's stock market is favored for its defensive characteristics and high dividend yield [2][3] Investment Strategies - Investment strategies should focus on four core areas: positioning in quality bonds to capture interest rate cut benefits, seizing global expansion opportunities in AI, diversifying risks through alternative investments and volatility strategies, and focusing on favorable Asian policies and structural growth [2][3] - Asset allocation should emphasize U.S., China, and Singapore stock markets, with a preference for investment-grade bonds, while balancing growth and value styles to manage potential market volatility [2][3] Emerging Trends - Social evolution and climate action themes are also showing investment potential, with streaming and subscription economies expanding, and renewable energy and circular economy trends becoming long-term focuses [3][4] - Overall, the investment approach for Q4 should be based on trend opportunities, with flexible adjustments and diversified layouts to navigate market uncertainties [3][4]

Group 1 - The core argument is that while the U.S. leads in high-end chip manufacturing, China may win the AI race due to its abundant and nearly free electricity supply, contrasted with the U.S. data centers facing power shortages [1][5]. - U.S. data centers, crucial for AI development, are currently unable to operate at full capacity due to electricity shortages, with significant investments made by tech giants in AI chips [3][4]. - The operational demand for electricity from U.S. data centers is projected to require 80 gigawatts, exceeding Germany's peak electricity usage, leading to a threefold increase in electricity prices for nearby residents [4][5]. Group 2 - The slow expansion of the U.S. power grid is highlighted, with data centers in California unable to connect to the grid due to regulatory and infrastructure delays [5][6]. - In contrast, China benefits from fewer regulatory restrictions, allowing faster deployment of AI services, and has surplus electricity with substantial subsidies, making operational costs for data centers nearly zero [5][7]. - China's strategy includes significant investments in renewable energy, with plans to add 356 gigawatts of renewable energy in 2024, surpassing the combined total of the U.S., EU, and India [8]. Group 3 - The future of AI competition is uncertain, but control over electricity supply is seen as a critical factor, with the consensus that whoever controls electricity will control the future of AI [7][8].

Core Viewpoint - The report highlights the increasing demand for biodiesel driven by terminal demand growth and regulatory changes, particularly in the context of the EU's RED III implementation and domestic initiatives in China [2][4]. Group 1: Biodiesel Price Trends - As of November 19, the FOB prices for China's first and second generation biodiesel are $1,165 and $1,900 per ton, reflecting increases of 11% and 24% respectively since the beginning of 2025 [2][3]. - The steady growth in biodiesel prices since 2025 is attributed to rising terminal demand [2]. Group 2: Domestic and International Demand Drivers - The first domestic B5 biodiesel injection for internal trade was completed, marking a significant step in the domestic biodiesel market [3]. - The implementation of the "IMO net-zero framework" is expected to increase the demand for biodiesel in both domestic and international shipping [3]. - In 2024, China's internal trade ship fuel consumption is projected to be 4.48 million tons, indicating substantial potential for biodiesel substitution in the future [3]. Group 3: EU Regulatory Impact - The RED III legislation, effective from 2026, raises the renewable energy consumption target from 32% to at least 42.5%, and the renewable energy target in the transport sector from 14% to 29% [4]. - The removal of the double carbon reduction policy for used cooking oil (UCO) is expected to significantly boost the demand for biodiesel and UCO, potentially doubling the demand [4]. - It is estimated that the demand for biodiesel produced from UCO in the EU will increase by at least 400,000 tons following the RED III implementation [4]. Group 4: Beneficiary Companies - Companies such as卓越新能, 海新能科, 嘉澳环保, and 山高环能 are identified as potential beneficiaries of the growing biodiesel market [5].