参与绿电交易成为盘活绿色资产、拓宽收益渠道，实现市场化转型的核心突破口，更是垃圾焚烧发电行 业的环境价值获得市场真金白银认可的关键里程碑。绿电交易正成长为支撑垃圾焚烧行业可持续发展的 又一条"生命线"。 从属性上来看，垃圾焚烧设施是城镇环境基础设施，临近负荷中心又十分稳定，是"隔墙售电"的理想电 源，更契合绿电直联新场景。所以，两年前，垃圾焚烧行业协会就呼吁，隔墙售电应该优先在垃圾焚烧 发电行业推广。 垃圾焚烧发电的独特优势恰与绿电直连高度契合。从体量上来看，截至2023年年底，全国垃圾焚烧发电 装机容量已达2577万千瓦，年发电量约1394亿千瓦时；从稳定性上来看，垃圾焚烧发电可以实现24小时 连续稳定运行；从体量规模上来看，垃圾焚烧发电机组往往为20MW—50MW的适中单体规模，兼具稳 定基荷支撑与低调峰冲击特性，成为市场化交易的优质主体。 政策层面已经提供了关键支持。2023年7月，国家发改委、财政部、国家能源局联合印发《关于做好可 再生能源绿色电力证书全覆盖工作 促进可再生能源电力消费的通知》，明确垃圾焚烧绿电的绿色价值 变现凭证。 5月21日，国家发改委、国家能源局印发《关于有序推动绿电直连发展有关 ...

华源证券股份有限公司刘晓宁,查浩,蔡思近期对韶能股份（000601）进行研究并发布了研究报告《实控人 变为韶关市国资委卡位"算力之城"新能源高成长》，给予韶能股份增持评级。 韶能股份 事件：1)公司发布向特定对象发行A股股票预案，发行对象为金财投资，发行数量不超过1.01亿股，发行 价格3.96元/股，募集资金不超过4亿元，用于补充流动资金；2)公司发布限制性股票激励计划草案，计划 授予股票数量1620.8万股，授予对象为包括高级管理人员在内的243人，授予价格2.52元/股，激励计划分 三年(2025-2027年)进行考核，要求以2024年归母净利润为基数，2025-2027年增长率分别不低于30%、 64%、97%；3)公司发布未来三年(2025-2027年)股东回报规划，明确除公司有重大资金支出安排外，在公 司当年盈利、累计未分配利润为正值且满足公司正常生产经营的资金需求情况下，最近三年以现金方式累 计分配的利润不少于最近三年实现的年均可分配利润的30%。 定向增发完成后，公司实控人将变为韶关市国资委。本次定向增发对象为金财投资(韶关市国资委持股 90%)，其与韶关市工业资产经营有限公司(简称为"工业资 ...

随着国家发改委、国家能源局《关于有序推动绿电直连发展有关事项的通知》（以下简 称《通知》）的发布，绿电直连作为推动清洁能源高效利用、优化电力资源配置的重要举 措，正逐步进入落地实施阶段。然而，目前绿电直连呈现出面上热度较高、实际推进缓慢的 态势。尽管各方都在积极探讨、表态支持，且有较多企业表达参与意愿，但真正付诸实践、 实质性推进的项目并不多。 整体来看，目前业内对于绿电直连仍处于观望阶段，许多企业和机构对政策的具体执行 细节、操作路径以及潜在风险缺乏清晰认知，导致实际参与度不高。在业内人士看来，电价 不仅是绿电直连项目的核心经济指标，更是各方利益博弈的焦点。在政策实施初期，电价机 制的明确性、市场化路径的畅通性以及电网企业的支持，成为影响绿电直连能否真正落地的 关键因素。 市场参与热情有待激发 多位业内人士对《中国能源报》记者直言，"目前，参与绿电直连项目的主体数量并未 达到预期""部分企业对电价机制仍持观望态度""《通知》发布后，部分企业对配套电价政策 的预期有所下调，在实际操作中可能难以达到预期的优惠水平"……因此，尽管政策方向明 确，但市场参与积极性仍需进一步激发。 中的占比或超70%。"北京市鑫诺律 ...

7月4日，记者从广西电力交易中心获悉，截至目前，今年广西绿电交易电量达100.05亿千瓦时，同 比增长103.53%。 依托完善的市场机制和畅通的电网，广西新兴产业持续释放绿电消费潜能。"绿车充绿电"就是一个 很好的例子。新能源车主前往南方电网广西电动汽车服务有限公司所属充电站，就可以充上来自百里外 山间的风电或者山岭的光伏电。据了解，今年该公司绿电成交电量达到340万千瓦时。 自2022年启动绿电交易以来，广西绿电交易电量成倍数攀升。2022年绿电交易电量22亿千瓦时， 2024年达到90亿千瓦时，而2025年仅半年时间，绿电交易电量就突破"百亿千瓦时"大关。 在电网建设方面，今年南方电网广西电网公司规划投资超145亿元，续建、新建110千伏及以上重点 输变电工程315项，重点加快建设广西田林潞城那帮100兆瓦风力发电项目220千伏送出线路、220千伏钦 州海上风电送出工程等，进一步夯实全区资源大范围配置的物理平台。（陆权香 韦露） 今年以来，广西积极推动新能源上网电量全面进入电力市场、通过市场交易形成价格，累计开展绿 电交易36批次，平均交易价格同比下降26.86%。 "用户既可以用更低成本购买绿电，也能 ...

5日，记者从国家税务总局青海省税务局获悉，根据最新税务数据统计显示，在政策激励与市场需求的 双重驱动下，该省绿色算力产业展现出强劲发展动能。 随着多个重大绿色算力项目落地，青海省税收政策持续向产业链上下游延伸：对算力基础设施建设企业 给予企业所得税"三免三减半"，对软件研发企业实施增值税即征即退，对数据服务企业适用研发费用加 计扣除比例提升等。 据税务数据统计显示：近两年来，青海省算力经营主体对建筑业、交通运输业、金融业、科学研究和技 术服务业的采购金额大幅增长，带动上下游产业协同发展。与此同时，算力技术加速赋能实体经济，工 业、医疗等领域信息服务采购额持续增长。 （文章来源：中国新闻网） 对此，青海税务部门精准落实税收政策，引导企业合规经营，以政策红利驱动"政策赋能、产业集聚、 能级提升"的良性发展循环。 从算力投入看，2024年该省算力产业经营主体设备及服务采购额同比增长10.6%，高出全省平均购进增 速16.2个百分点；2025年1至4月，这一数据同比增长18%，增速超出全省平均22.7个百分点。 在绿电消纳领域，青海省税收政策的引导作用同样显著。2024年该省算力企业电力采购额同比增长 18.9%，2 ...

Core Viewpoint - Inner Mongolia has become the first province in China to respond to the national green electricity direct connection policy, optimizing its integrated source-grid-load-storage project application requirements, which serves as a significant reference for other provinces [1][2]. Group 1: Policy Development - The Inner Mongolia Energy Bureau has been proactive in energy reform, issuing guidelines and implementation details for integrated source-grid-load-storage projects since 2021, with the latest revision in November 2023 [2][3]. - The revised guidelines clarify project definitions, application subjects, new load requirements, energy storage configurations, and fee collection standards [3][4]. Group 2: Project Requirements - New load projects are allowed to include green replacement projects and must have an annual electricity consumption of at least 300 million kWh [3]. - Energy storage must be configured at a minimum of 15% of the new energy scale (4 hours), or possess equivalent peak regulation capabilities [3]. - The approval process for projects follows a "mature one, approve one" principle, with 28 integrated projects approved to date, totaling 11.76 million kW of new energy capacity [3][4]. Group 3: Optimizations in Notification - The notification considers Inner Mongolia's wind and solar resource advantages and allows for adjustments in project investment subject requirements, storage scale, and approval processes [4][5]. - The requirement for new load annual electricity consumption has been adjusted to a minimum of 50,000 kW for centralized new energy projects, while the self-consumption ratio for new energy is set at no less than 90% [5][6]. Group 4: Future Developments - The notification also promotes the development of green power supply in industrial parks and integrated wind-solar-hydrogen projects, with over 200 similar projects already applied for [6]. - Future green electricity direct connection projects are expected to play a crucial role in virtual power plants, integrating self-supply, purchasing from power plants, and market trading [6].

Core Viewpoint - The introduction of the "green electricity direct supply + market trading + green certificate certification" mechanism is a significant step towards implementing the "dual carbon" strategy and will fundamentally reshape energy circulation and consumption patterns [1] Group 1: Green Electricity Direct Connection - Green electricity direct connection is a crucial component of the new power system, enabling direct coupling between renewable energy generation and end-users through restructured physical electricity delivery paths [2] - The core features of green electricity direct connection include traceability, specificity, and measurability, ensuring clear data recording throughout the lifecycle of electricity [2] - Projects can be categorized into grid-connected and off-grid types, each with distinct technical, economic, and stability characteristics [2] Group 2: Scheduling and Market Mechanisms - The core of the green electricity direct connection model is to achieve direct connections between renewable energy and users, optimizing energy allocation efficiency and addressing system stability issues [3] - The notification emphasizes the need for diverse investment entities to participate in green electricity direct connection projects, breaking the monopoly of traditional grid companies and enhancing market competitiveness [4] - Projects must establish long-term purchase agreements to clarify responsibilities and avoid project delays due to uneven profit distribution [4] Group 3: Regional Policy Adaptation - The notification allows provincial energy authorities to set specific rules based on local conditions, reflecting respect for regional differences and enhancing system resilience [6] - Projects must ensure internal resources are observable, measurable, adjustable, and controllable, promoting private capital participation and ensuring project feasibility [7] Group 4: Responsibilities and Support Systems - The essence of green electricity direct connection is to shift the responsibility of green electricity consumption from the grid to the energy users, encouraging enterprises to take on social responsibilities and economic costs [8] - Projects are required to pay compliance fees while receiving policy support, with green certificate trading providing economic incentives for carbon reduction [8] - The mechanism of "physical tracing + green certificate certification" offers internationally recognized proof of green energy use, enhancing China's position in global green trade [9] Group 5: Future Implications - The introduction of the green electricity direct connection model marks a transition in China's renewable energy development from "scale expansion" to "quality improvement" [9] - This model is expected to become a core support for building a new power system and achieving the "dual carbon" goals as policies are refined and technologies advance [9]

光伏系列专家会- 25H2 供需展望 20250703 摘要 2025 年国内光伏需求呈现集中式稳定建设、户用光伏观望政策、工商 业稳步增长的态势。集中式项目落地时间或延至 2026 年，分布式光伏 受电价政策影响观望，工商业光伏受益于企业用电转型和绿电政策向好。 2025 年全年集中式新装机量预计乐观情况下可达 270 至 289GW，集 中式占比可能超过 45%，主要依赖去年提前框定的需求和央国企的组件 采购，新增项目受 136 号文影响，收益率下降超 30%，多处于观望状 态。 光伏需求预计稳步增长，受益于能源转型和双碳目标，大基地规划和应 用场景拓展（如绿电直联、林泰园区）将支撑需求，独立电站和微网系 统发展解决区域用电问题，降低配套设施费用。 2025 年 7 月多晶硅产量预计 10.5 至 10.6 万吨，较 6 月增长，但头部 企业开工率仅 50%左右，多处于停产检修状态。硅片排产维持在 55GW 左右，电池片降至 57GW 左右，组件维持在 50 几瓦左右。 组件排产维持较高位，部分用于出口中东非、亚太及斯坦国家，供给大 型地面电站及工商业项目，上半年国内抢装导致海外市场库存不足，欧 洲市场旺 ...

零碳园区不是"万能钥匙" 零碳园区是指在一个产业园区内直接或间接产生的二氧化碳排放总量，通过清洁技术支持、碳回收技 术、能源存储交换等方式在一定周期内全部予以抵消，从而实现二氧化碳零排放的现代化产业园区。 减碳的工具和方式多种多样，为何零碳园区被认为是重要抓手而受到广泛关注？ 近期在北京举行的"构建零碳园区：从顶层设计到落地实践"专题研讨会上，绿色创新发展研究院分析师 刘晶宁介绍，这主要是因为它具有经济贡献大和碳排放量占比大的双重属性。"目前全国有超过7.7万个 产业园区，广东省的园区密度最高，浙江、山东紧随其后。其中，工业园区约占三成。清华大学的研究 表明，这些工业园区贡献了全国50%以上的工业产值，以及31%左右的碳排放。" 从现阶段情况来看，零碳技术的确能在一定程度上助力工业减碳的转型问题，但并不是适用于所有主体 和场景的"万能钥匙"。 今年零碳园区迎来布局热潮，从政策引导到企业宣传，消息层出不穷。不过，距离这些项目真正落地还 有诸多难题需要应对。 张捷（化名）是国内某新能源企业从事零碳业务服务的负责人，从年初起，他接受到来自业内外的咨询 比以往多出数倍，其中零碳园区是最常被提及的一个概念。究其原因，政 ...

Core Insights - The rural renewable energy sector has the potential to provide approximately 730 million tons of standard coal equivalent annually, which is 12 times the current total energy consumption in rural areas of China [1] - The rural energy revolution is seen as a critical pathway for achieving China's dual carbon goals and rural revitalization strategy, requiring a coordinated approach at the national level [2][4] - The unique advantages of the rural energy revolution stem from the abundant renewable resources and the urgent demand for clean energy in rural areas, where over 55% of energy consumption still relies on coal [3][5] Group 1: Strategic Importance - The rural energy revolution is a key component of national strategy, as highlighted in the report from the 20th National Congress of the Communist Party of China [2] - Experts emphasize that the rural energy revolution must integrate energy supply security, agricultural development, and ecological governance [1][4] Group 2: Resource Potential - China has significant potential for distributed photovoltaic technology, with over 2 billion kilowatts of potential capacity, and rural rooftops alone can contribute over 800 million kilowatts [3] - The annual production of agricultural straw is approximately 790 million tons, and livestock manure amounts to about 3.05 billion tons, indicating a vast resource base for renewable energy [3] Group 3: Challenges and Structural Issues - Despite the strategic clarity and resource abundance, the rural energy sector faces structural contradictions, including a disconnect between energy production and rural development [4][6] - The overproduction of renewable energy in rural areas exceeds local consumption capacity, leading to a situation where rural areas generate green electricity but lack local utilization channels [5][6] Group 4: Mechanism and Technological Innovations - Mechanism innovation and technological empowerment are essential for overcoming current challenges, with cooperative models showing promise in restructuring benefits [7][8] - Multi-energy complementarity is identified as an effective approach to enhance economic feasibility and reduce energy costs in rural energy development [7][8] Group 5: Policy and Implementation - Recent policies, such as the "Thousand Villages and Ten Thousand Villages Wind Action" and "Thousand Households Sunlight Action," have been implemented to facilitate rural energy transformation [4] - There is a need for a comprehensive rural low-carbon/zero-carbon building standard and improved energy statistical accounting systems to support the transition [9]