文 | 中关村储能产业技术联盟综合整理 据央视新闻4月29日报道，西班牙和葡萄牙28日遭遇大规模停电，影响超过5000万伊比利亚半岛民众，交通、通信、医疗等关键领域一度瘫痪， 法国南部等周边地区也受短暂波及。 欧盟委员会执行副主席里贝拉表示，目前无任何证据表明导致伊比利亚半岛大面积停电的原因是网络攻击。此次大停电是近年来欧洲记录到的 最 严重停电事件之一。 目前，官方尚未给出正式的停电原因，仍需时日调查确定。 西班牙电网运营商Red Eléctrica 负责人Eduardo Prieto 4月28日表示：停电由"电网的强烈振荡"引发，该振荡导致西班牙电力系统与欧洲电网断 开。他提到的"强烈震荡"，也就是首相桑切斯在讲话中提到的"技术层面出现重大波动"。 功率开始快速变化时，就会引起电网的振荡，最终导致崩溃停电。比如，大规模负荷接入或切除会引起发电功率和负荷需求之间的不平衡，导致 电网振荡出现。 葡萄牙电网运营商REN认为 ：电网的这次异常振荡可能与西班牙的极端气温变化有关。该公司专家称，极端气温波动导致了400kV以上的超高压 电网振荡。 能源分析师表示，如此大规模的停电在富裕国家并不常见，鉴于伊比利亚半岛对 ...

【环球时报特约记者 王逸 环球时报记者 白云怡】当地时间29日，西班牙国家电网宣布，截至当天早上6时，全国超过 99% 的电力供应已恢复。从28日中午 起，西班牙全国突然大停电，民众日常生活陷入瘫痪——飞机停飞、公共交通中断、医院被迫暂停日常运营……西班牙宣布进入"国家紧急状态"。大停电还 蔓延到包括葡萄牙在内的整个伊比利亚半岛，6000多万人在没有电、互联网或手机信号的情况下度过了数小时。虽然如今停电已结束数小时，但导致这场大 停电的具体原因仍未查明。葡萄牙和西班牙方面归咎于邻国，有关"网络攻击"的传言也引发担忧。不过，有分析称，这场灾难性停电发生在西班牙刚刚庆祝 其国家电网"首次在工作日实现100%可再生能源运行"仅仅6天之后。有专家称，这引发了对欧洲能源转型脆弱性的担忧。欧盟委员会发言人29日称，欧盟将 从这次停电中"吸取教训"。 " 前所未有的混乱 " 西班牙国家电网公司系统运行主管普列托接受《先锋报》采访时则称："由于电力损失规模超出欧洲电网的设计承受范围，法国和西班牙的电网连接中断， 进而导致西班牙电力系统崩溃。" 至于引发这场大停电的电力损失为何突然出现，据英国《卫报》29日报道，葡萄牙国家能源 ...

Core Points - A massive power outage occurred in Spain and Portugal on April 28, affecting over 50 million people on the Iberian Peninsula, disrupting key sectors such as transportation, communication, and healthcare [2][3] - The outage was triggered by a sudden loss of 15 GW of power, equivalent to 60% of Spain's electricity demand at that time, leading to significant disruptions in major cities [3][6] - The incident has raised concerns about the vulnerability of the European power grid and the reliability of renewable energy sources, particularly in Spain, which has a high reliance on wind and solar energy [8][9] Group 1: Incident Details - The power outage began at 12:33 PM, with a rapid loss of 15 GW of generation capacity within 5 seconds, an unprecedented event [3] - Major cities like Madrid and Lisbon experienced extensive blackouts, with Madrid's power outage lasting over 6 hours and affecting transportation systems, including rail and air travel [3][4] - The situation led to chaos, with people rushing to supermarkets for supplies and traffic signals failing, causing accidents [4][5] Group 2: Causes and Implications - Initial assessments suggest that extreme temperature fluctuations in Spain may have caused abnormal oscillations in high-voltage lines, contributing to the grid failure [6][8] - Experts indicate that Spain's heavy reliance on renewable energy, combined with limited interconnections with neighboring countries, makes the grid more susceptible to disturbances [7][8] - The incident has sparked debates about the pace of renewable energy transition and the need for investment in grid stability and infrastructure modernization across Europe [9]

Industry Overview - The renewable energy sector is experiencing rapid growth, with energy storage becoming a critical component for grid stability and reliability [1] - Global energy storage system capacity is projected to grow from 7.1 GWh in 2019 to 174.9 GWh by 2024, representing a compound annual growth rate (CAGR) of 89.8% [1] - By 2030, the capacity is expected to reach 974 GWh, with a forecasted CAGR of 33.1% [1] Company Profile - Guoxia Technology Co., Ltd. has filed for an IPO on the Hong Kong Stock Exchange, positioning itself as a leading provider of AI-driven renewable energy solutions [2] - The company's revenue is projected to increase from 142 million RMB in 2022 to 1.026 billion RMB in 2024, marking a significant growth trajectory [2] - Despite revenue growth, profit margins have not kept pace, with net profit rising from 24.3 million RMB in 2022 to 49.1 million RMB in 2024, indicating a lower growth rate compared to revenue [2][8] Revenue Breakdown - The primary revenue source for Guoxia Technology is its smart energy storage system solutions, which accounted for approximately 97.8% of total revenue in 2024 [3] - Within this segment, large-scale energy storage systems contributed 76.6% of revenue, while household energy storage systems accounted for 20.3% [3][5] - The company has seen a 601.9% year-on-year increase in revenue from large-scale energy storage systems in 2024, driven by increased production capacity and project acquisition [5] Geographic Revenue Distribution - In 2022, over 70% of Guoxia Technology's revenue came from the European market, but by 2024, the domestic market's share rose to nearly 80% [7][8] - Revenue from Africa and Europe accounted for 9.7% and 10.2% respectively in 2024, indicating a shift in market focus [8] Profitability Analysis - Guoxia Technology's gross profit increased from 35.6 million RMB in 2022 to 155 million RMB in 2024, but the gross margin declined from 25.1% to 15.1% during the same period [8][9] - The fluctuation in profitability is attributed to increased market competition and raw material price volatility, particularly the significant drop in lithium carbonate prices since 2023 [9] AI Technology Integration - Guoxia Technology emphasizes the role of AI in enhancing its market position, having developed AI-optimized systems for energy management and predictive maintenance [10] - The company aims to leverage AI technology to maintain competitive advantages and improve operational efficiency [10] Market Position and Future Outlook - The energy storage market is highly competitive, with over 300 suppliers globally, where the top 30 companies account for 90% of new installed capacity [13] - Guoxia Technology's IPO is seen as a strategic move to capitalize on industry growth and enhance its competitive positioning [13]

Core Viewpoint - The five major oil companies are facing significant financial challenges due to prolonged low international oil prices, geopolitical conflicts, and pressures from energy transition, leading to a cumulative profit decline exceeding $90 billion over three years [1][3]. Financial Performance - The profits of the five major oil companies peaked at approximately $280 billion in 2022 but fell by 23% to $215 billion in 2023, with a further projected decline of 15% to $183 billion in 2024 [3]. - The Brent crude oil price is expected to drop to an average of $81 per barrel in 2024, with predictions of further declines in 2025 as global oil supply increases [3][7]. - In Q1 2025, profits are anticipated to decrease by 18%, with Brent crude prices dipping below $60 per barrel, representing a decline of over 25% compared to the previous year [3]. Dividend and Share Buyback Concerns - Investors are increasingly worried about the sustainability of high dividends and share buybacks, with warnings that companies like Shell and BP may need to cut dividends if oil prices remain below $60 per barrel [4]. - Shell's share buyback program for Q1 2025 has been reduced by 30%, and BP has suspended its buyback plans for the remainder of 2025 [4]. Credit Rating Risks - Moody's has placed Chevron and TotalEnergies on a "negative watch" list due to concerns that low oil prices may lead to increased debt levels [5]. Company Strategies - In response to financial pressures, companies are implementing cost-cutting measures, restructuring, and transitioning to renewable energy [6]. - ExxonMobil plans to reduce operating costs by 12% by 2025, while TotalEnergies is laying off 5% of its workforce [6]. - Shell aims to increase its renewable energy capacity target from 120 GW to 200 GW by 2030, and BP has partnered with Microsoft to supply 100% renewable energy to its data centers over the next decade [6]. Industry Outlook - The oil industry is expected to face ongoing challenges in the short term, with low oil prices likely becoming the norm and demand growth stagnating [7]. - Morgan Stanley predicts that Brent crude prices may stabilize between $65 and $70 per barrel in the second half of 2025, a 15% decrease from 2024 [7]. - Despite short-term pressures, some analysts remain optimistic about the potential for oil companies to transition into renewable energy and carbon capture sectors, which could provide new growth opportunities [7].

插播 ：TOP10花落谁家？2024-2025用户侧储能项目TOP10榜单征集进行时，点击 上方二维码 进行申报 当地时间4月28日，西班牙和葡萄牙发生大规模停电事故，影响超过5000万伊比利亚半岛民众，交通、通信、医疗等关键领域受到影响，法国、意 大利等周边地区也受波及， 堪称" 21 世纪最严重的非战争型基础设施灾难" 。 这场波及 5000 万人的灾难，是技术故障、气候冲击与能源转型矛盾叠加的结果，由此引发了对可再生能源并网稳定性的讨论，或将进一步带动欧 洲储能市场需求。 ■ 滞后的电网及储能建设导致停电？ 截至撰稿时，官方尚未公布此次大规模停电的具体原因，各方的说法也不尽相同。 欧盟委员会表示，正在与西班牙、葡萄牙和欧洲电网运营商联 系，以了解事件的根本原因和影响。 葡萄牙国家电网公司（REN）表示，这次停电可能由于西班牙电网故障引起，由于西班牙内陆地区极端的温度变化，超高压线路出现异常振荡，而 振荡使电力系统之间同步失败，从而导致整个欧洲互联网络出现连续故障。 事故发生时西班牙电力结构示意图来源：ENTSO-E 据了解， 目前 西班牙可再生能源占比达67%，但配套储能和灵活电源建设滞后。 但 风光电 ...

每经记者 岳楚鹏 每经编辑 兰素英 据央视新闻4月29日报道，西班牙和葡萄牙28日遭遇大规模停电，影响超过5000万伊比利亚半岛民众，交通、通信、医疗等关键领域一度瘫痪，法国南部等 周边地区也受短暂波及。西班牙内政部宣布，进入国家紧急状态。此次停电被认为是欧洲有史以来最大规模的停电。 4月28日，在西班牙巴塞罗那，人们坐在一家缺乏照明的咖啡店前。图片来源：新华社发（胡安·戈萨摄） 西班牙国家电网Red Electrica在X平台表示，截至当地时间早上7:00，西班牙本土已恢复99.95%的电力供应。 有人此前猜测是网络攻击，但欧洲理事会主席科斯塔表示，此次停电没有任何遭受到网络攻击的迹象。有一些报告指出，这可能是由一种"罕见的大气现 象"引起的，但据福克斯报道，美国国家海洋和大气管理局（NOAA）的空间天气预报中心认为，空间天气不是造成此次停电的因素。 另外，有分析人士质疑，对可再生能源的依赖是此次大停电事件的"元凶"。 欧洲大学学院电力学教授莱昂纳多·米乌斯和标普全球高级欧洲电力分析师丹尼尔·缪尔对此并不认同。莱昂纳多·米乌斯表示，欧盟近年来已经实施了几套规 则，例如，从2016年开始更新的电网连接规范，以 ...

Core Viewpoint - Guoxia Technology Co., Ltd. has submitted its IPO application to the Hong Kong Stock Exchange, aiming to strengthen its capital utilization, accelerate technological upgrades, and consolidate its market position as a leading provider of renewable energy solutions in the energy storage industry [2][3]. Company Overview - Established in January 2019 in Wuxi, Jiangsu, Guoxia Technology is a leading provider of renewable energy solutions and products driven by platform technology and artificial intelligence, focusing on energy storage system solutions for various applications [3][4]. - The company operates in the midstream of the energy storage industry, empowering all participants in the ecosystem and promoting the development of renewable energy through collaborations with universities and research institutions [3]. Financial Performance - Revenue from intelligent energy storage system solutions is projected to grow from approximately RMB 141 million in 2022 to RMB 1.003 billion in 2024, with a compound annual growth rate (CAGR) of 168.9% [4][9]. - Gross profit is expected to increase from approximately RMB 35.6 million in 2022 to RMB 155 million in 2024, with a CAGR of 108.6% [9][10]. - Net profit is projected to rise from approximately RMB 24.3 million in 2022 to RMB 49.1 million in 2024 [10]. Market Position - Guoxia Technology is ranked as the eighth largest supplier of multi-purpose energy storage systems in China by installed capacity and the tenth largest in household energy storage systems globally as of 2024 [9]. - The company has established a significant market presence in both domestic and international markets, with revenue from China expected to account for 79.9% of total revenue in 2024, while overseas revenue is projected to decline to less than 20% [6][7]. Research and Development - The company has a dedicated R&D center in Wuxi, focusing on IoT and AI optimization platforms, battery development, and energy management systems, employing a team with an average of over 10 years of experience in the energy storage industry [11]. - R&D expenditures are projected to be approximately RMB 3.8 million, RMB 16.8 million, and RMB 31.6 million for the years 2022, 2023, and 2024, respectively, representing 2.7%, 5.3%, and 3.1% of total revenue [12]. Investment and Valuation - As of the latest feasible date, Guoxia Technology holds approximately RMB 50.26 million in cash and cash equivalents, with significant investments from Kaibo Capital and Shenzhen Ningqian, leading to a valuation increase from approximately RMB 15.31 billion to RMB 60 billion [13].

根据葡萄牙电网运营商Redes Energéticas Nacionais（REN）的公告，葡萄牙从当地时间4月28日上午11点33分开始受到影响。截至晚上10点，已向89座变 电站和开关站中的85座恢复供电。 西班牙国家电网RedEléctrica（REE）在社交媒体上通报电力抢修的进展，截至4月29日凌晨5点，已恢复92.09%的伊比利亚半岛电力需求，输电网的所有 变电站已恢复供电。 智通财经记者 | 戴晶晶 当地时间4月28日午间，欧洲南部突发大规模不明原因停电，西班牙、葡萄牙多个地区电力中断，公共交通和通信服务陷入瘫痪，马德里网球公开赛也因 记分牌和摄像机无法工作而被迫叫停。 这场停电事故迅速在伊比利亚半岛蔓延，一度波及安道尔及法国与西班牙接壤的地区。 "先是灯和wifi断掉，然后流量停了信号没了，所有远程通信的渠道全部失灵。直到晚上十点多才恢复供电。"4月29日，一位在西班牙巴塞罗那市中心生活 的网友对智通财经表示，绝大多数店铺因此歇业，旅客滞留在火车站。 巴塞罗那自治大学的硕士生小朱告诉智通财经，她的宿舍楼在中午12：30遭遇停电，下午3点多断网，等到晚上11点多来电后手机才有网络，断联时间有8 ...

Core Points - A large-scale power outage occurred in Spain and Portugal on April 28, affecting over 50 million people on the Iberian Peninsula, disrupting critical sectors such as transportation, communication, and healthcare [1][13][19] - The cause of the outage remains unclear, with the Spanish national grid company indicating that full power restoration may take between 6 to 10 hours [5][18] - The outage led to significant disruptions in communication services, with network traffic in Spain dropping by 37% and in Portugal by 30% [14][19] Group 1: Power Outage Details - The power load in Spain dropped from approximately 25 million kilowatts to about 14 million kilowatts around 12:30 PM, further declining to about 10 million kilowatts within an hour [3][5] - The outage was described as unprecedented and extraordinary by the Spanish national grid company [5][19] - Emergency measures were taken, including the use of backup power in hospitals and the evacuation of metro stations in Madrid and Lisbon [13][17] Group 2: Impact on Daily Life - In Barcelona, residents experienced a complete blackout, with traffic lights and public transport systems failing, leading to chaos in the streets [6][10] - Tourists in León faced disrupted travel plans, with hotels reaching full capacity and transportation services halted [11][13] - Communication services were severely impacted, with mobile networks experiencing significant outages, affecting voice call capabilities [14][19] Group 3: Government Response - Spanish Prime Minister Pedro Sánchez visited the national grid control center, promising to mobilize all resources to resolve the issue [17] - The Portuguese government held an emergency meeting to assess the situation and implement response measures [17] - The European Commission is in contact with Spain, Portugal, and European grid operators to investigate the root cause of the incident [18][19] Group 4: Technical Aspects - The outage may have been triggered by a fault in the Spanish grid, exacerbated by extreme temperature variations leading to abnormal oscillations in high-voltage lines [19][22] - Prior to the incident, Spain had achieved 100% renewable energy supply for the first time, raising concerns about the risks associated with increasing renewable energy capacity [22]