技术攻坚：空调、充电桩如何听懂电网"口令"？ 虚拟电厂的核心在于"聚合"与"调控"，而海量分散资源的实时协同依赖可靠的系统支撑。针对负荷 侧与发电侧资源特性的差异，广东实行分类接入策略，构建起适配不同场景的技术体系。 在广东省电力负荷管理中心的大屏上，展示了电网侧与虚拟电厂的系统联调全过程。"我们搭建了 虚拟电厂全景应用模块，支持负荷监测、指令下发、响应反馈全流程闭环管理，首批注册的虚拟电厂运 营商已全面联通了运营商侧到新型电力负荷管理系统的数据通信链路，相当于电网侧与虚拟电厂实 现'共享大脑'。"广东省电力负荷管理中心负荷管理数据应用专责唐曦凌通过比喻，介绍了负荷类虚拟 电厂接入广东新型电力负荷管理系统路线。 新华社北京9月30日电（记者 程静）9月，广东虚拟电厂建设迎来重要进展：10日，2025年"全球能 源互联网十大引领工程"正式发布，由广东电网、深圳供电局牵头建设的"南方区域虚拟电厂源荷互动体 系建设与示范项目"成功入选，获得国际认可；19日，广东电力交易中心公布第一批10家列入虚拟电厂 运营商目录企业名单，标志着广东虚拟电厂从试点探索迈入规模化、市场化运营新阶段，为构建新型电 力系统按下"加速键"。 ...

欧盟能源转型遇阻：匈牙利为何对去俄化时间表说不？ 欧洲联盟在今年六月制定了一份雄心勃勃的能源转型路线图，计划在2027年底前全面停止从俄罗斯进口 天然气和石油。这份时间表看似清晰明确，却在执行过程中遇到了现实阻碍——匈牙利高举能源安全的 旗帜，成为欧盟内部最坚定的反对者。 在近日召开的欧盟环境理事会上，匈牙利能源部官员劳伊斯·奥妮科明确表态：我们反对在没有切实可 行替代方案的情况下，仓促切断俄罗斯能源供应。这番表态并非政治作秀，而是基于匈牙利特殊国情做 出的务实考量。作为欧盟少有的内陆国家，匈牙利缺乏沿海国家通过液化天然气（LNG）终端接收能 源的便利条件，其能源供应网络与俄罗斯管道系统深度绑定。 事实上，这已不是匈牙利第一次表明立场。早在6月16日，匈牙利欧盟事务部长博考·亚诺什就强调：能 源安全关乎国家主权，必须放在首位。这种表态背后，是匈牙利对本国能源供应体系的清醒认识——全 国约85%的天然气和65%的石油依赖俄罗斯进口，这种深度依赖绝非一朝一夕能够改变。 欧盟的能源转型计划面临着多重现实挑战： 1. 基础设施瓶颈：新建LNG接收站、铺设替代管道需要数年时间和巨额投资 2. 供应缺口难题：短期内难以找 ...

Group 1 - The core viewpoint of the article highlights the significant performance and growth of the Huaxia New Energy ETF (159368), which has seen a rise of over 26% since September and has attracted a capital inflow of 937 million yuan [1] - As of September 29, 2025, the Huaxia New Energy ETF has reached a scale of 1.093 billion yuan, making it the largest in its category [1] - The ETF tracks the New Energy Index, covering various sectors within the new energy and electric vehicle industries, including batteries and photovoltaics [1] Group 2 - The Huaxia New Energy ETF is noted for its maximum flexibility, with a potential increase of up to 20%, and the lowest fee structure, with a total management and custody fee of only 0.2% [1] - The ETF has the highest trading volume, with an average daily transaction of 76.82 million yuan over the past month [1] - The fund's composition includes 51% energy storage and 30% solid-state battery content, aligning with current market trends [1] Group 3 - Wanlian Securities believes that the global energy transition is accelerating, leading to rapid growth in new energy storage installations [1] - China's energy storage technology is highlighted for its technical and cost advantages, with expectations for increased penetration in overseas markets [1]

Core Insights - Renewable hydrogen is expected to become a core component of Indian Oil Corporation's (IOC) new energy business portfolio, aligning with the Indian government's vision to establish the country as a global hydrogen market leader [1] - IOC aims to significantly increase its renewable hydrogen production capacity, targeting 500 GW of non-fossil energy installed capacity by 2030, while also focusing on biofuels and renewable energy [1] - The company plans to achieve net-zero emissions by 2046 and increase its contribution to India's energy sector from approximately 9% to 12.5% by 2050 [1] Strategic Focus - IOC's strategy includes three main areas: enhancing core refining and petrochemical capacity, diversifying into natural gas and renewable energy, and expanding the application scale of next-generation fuels [1] - Decarbonizing the refining business is a top priority for IOC, with specific reduction pathways including upgrading energy efficiency technologies, transitioning from liquid fuels to natural gas, integrating renewable energy with compressed biogas, improving grid electricity usage, and utilizing renewable hydrogen [1] Renewable Hydrogen Initiatives - IOC is actively promoting the development of India's green hydrogen ecosystem, with a renewable hydrogen plant in Panipat set to produce 10,000 tons annually, and plans to increase green hydrogen production to 350,000 tons by 2030 [1] - The company is also supporting India's "National Green Hydrogen Mission" through pilot projects and infrastructure investments, with additional renewable hydrogen projects planned in Gujarat, Uttar Pradesh, and Kerala, expected to yield a total annual output of approximately 28,365 tons [1]

展望未来，报告预测，随着能源转型推进，电动汽车行业仍将是锂市场的主要驱动力，预计今年全球电 动汽车销量同比将增长23.9%，2026年将同比增长14.7%。另一方面，报告也指出，对中国制造的电动 汽车、电池和原材料征收关税可能会导致成本增加，从而减缓电动汽车的普及速度。 中化新网讯 近日，智利铜业委员会(COCHILCO)发布了《2025~2026年锂市场预测报告》。报告显示， 2025年全球锂供应量预计达144.3万吨(碳酸锂当量)，需求量预计达134万吨，供应过剩10.3万吨。预计 2026年锂需求和供应都将增长，供应过剩量预计达6万吨。 COCHILCO表示，由于供应过剩，锂价自2023年以来大幅下跌。尽管电动汽车电池行业的需求在提 升，但宏观经济和地缘政治的不确定性、美国电动汽车补贴中止以及非洲等新供应国崛起仍导致了供应 过剩。自中国赞格矿业于7月停止锂生产以来，锂价已开始上涨。报告预测，2026年亚洲碳酸锂到岸价 将达每吨1.0327万美元，氢氧化锂到岸价将达每吨1.092万美元，均高于8月27日的最高价。这一轮价格 上涨是否能持续，则取决于停产的时间和规模。 2024年，智利锂产量预计达到29.6 ...

Group 1: Report Overview - Report Type: Aluminum Daily Report [1] - Date: September 30, 2025 [2] - Research Team: Non - ferrous Metals Research Team of Jianxin Futures [3] Group 2: Investment Rating - No investment rating information is provided in the report. Group 3: Core Viewpoints - On the penultimate trading day before the holiday, with a quiet news front and decreased market trading enthusiasm, Shanghai Aluminum showed weak performance. The main 2511 contract closed with a slight 0.22% decline at 20,730. The spread between October and November changed from a discount to a premium of 15, and the far - month contracts maintained a slight contango structure. The import window was closed, and the spot import loss fluctuated around - 1,500 yuan/ton. It's recommended to wait and see before the holiday [7]. - The production of domestic bauxite in the north has not resumed, and the probability of resuming production this year is low. The price of imported ore is under short - term pressure, but with the end of the rainy season, the shipping volume will gradually increase. The alumina price fluctuates around 2,900. The supply surplus is difficult to ease for the time being. After October, some high - cost enterprises are expected to cut production and carry out maintenance as the monthly average price drops [7]. - The operating capacity of electrolytic aluminum remains high. The operating rate of processing enterprises rebounded significantly last week but is likely to decline temporarily due to the upcoming long holiday. Shanghai Aluminum has returned to the previous trading range. Pay attention to the support level of 20,500. It's advisable to hold a light position during the holiday to control risks [7]. - The trend of cast aluminum alloy continues to follow Shanghai Aluminum. With the peak season and the tight supply of scrap aluminum raw materials, continue to pay attention to the strategy of going long on AD and short on AL [7]. Group 4: Market Review and Operational Suggestions - **Market Review**: The Shanghai Aluminum market was weak on the penultimate trading day before the holiday. The main 2511 contract closed slightly down, the spread structure changed, and the import window was closed [7]. - **Bauxite Situation**: Domestic bauxite in the north has not resumed production, and the probability of resuming this year is low. Imported ore is under short - term pressure, but shipping volume will increase after the rainy season. Pay attention to the changes in mining rights policies before the Guinea election [7]. - **Alumina Situation**: Alumina price fluctuates around 2,900. Supply surplus is difficult to ease. After October, some high - cost enterprises may cut production and carry out maintenance [7]. - **Operational Suggestions**: It's recommended to wait and see before the holiday. Pay attention to the support level of 20,500 for Shanghai Aluminum and hold a light position during the holiday [7]. Group 5: Industry News - UAE's EGA is preparing for a potential IPO, with an estimated valuation of $10 - 15 billion. Dubai and Abu Dhabi are competing for this major listing project. EGA has overcome challenges such as US aluminum tariffs and plans to invest $4 billion in a smelter in Oklahoma [8][10]. - In 2025, the demand for aluminum cans in Japan was about 2.091 billion, remaining the same as the previous year and staying at the 2 - billion - can level for 10 consecutive years [9]. - On September 22, 2025, the standard warehouse receipt generation business of cast aluminum alloy futures was officially launched. The total registered volume of cast aluminum alloy warehouse receipts on the first day was 3,878 tons, with different volumes in various regions [9].

Group 1: Supply and Demand Dynamics - The global supply and demand landscape for critical minerals is undergoing significant changes, with a surge in demand driven by energy transition, particularly in electric vehicles and energy storage [1][6][7] - Lithium demand is expected to increase by nearly 30% year-on-year in 2024, significantly outpacing the average annual growth rate of 10% seen in the 2010s [1][6] - By 2040, lithium, graphite, and rare earth demand is projected to grow by 4.7 times, 2.2 times, and 1.6 times respectively, with electric vehicle batteries consuming 60% of global lithium and 40% of nickel and cobalt [1][7] Group 2: Supply Concentration and Investment Trends - The supply side is characterized by increasing concentration, with China, Indonesia, and the Democratic Republic of Congo dominating the market, leading to an average market share of 86% in the refining sector for the top three producing countries [1][9] - Despite the surge in demand, global investment in critical mineral extraction is expected to slow, with growth rates dropping to 5% in 2024, half of the previous year's rate [1][10] - The International Energy Agency (IEA) warns of potential shortages, predicting a 30% gap in copper supply by 2035 and possible lithium shortages in the 2030s [1][10] Group 3: Geopolitical Influences and Market Pressures - Geopolitical tensions are reshaping resource order, with countries accelerating the establishment of mineral security frameworks, such as the U.S. simplifying licensing processes and the EU passing the Critical Raw Materials Act [2][15] - China's export controls on strategic minerals have led to significant price increases, with bismuth prices rising by 90% and cobalt prices surging by 67% following export restrictions [2][26] - The market faces structural contradictions, with rising costs and environmental pressures hindering development, as emerging producers experience higher operational costs compared to leading producers [2][8] Group 4: Policy Innovations and Technological Breakthroughs - To address these challenges, innovative policy mechanisms are needed, such as establishing certification systems for differentiated pricing and increasing public financial support for high-risk projects [3] - Technological advancements in mining, refining, and recycling are essential, including the development of new techniques to reduce energy consumption and costs in rare earth production [3][29] - The report emphasizes the importance of international cooperation and partnerships to ensure a stable supply chain for critical minerals [30][31]

确立虚拟电厂运营管理机制 当前，广东正面临能源转型的新挑战：全省最高用电负荷连创新高，成为首个用电负荷突破1.6亿千瓦 的省份，新能源并网容量超过8000万千瓦；分布式光伏、储能电站、电动汽车充电桩等新型负荷规模快 速增长，形成了一张庞大而分散的"能源互联网"，如何让这些零散资源高效聚合并纳入电力市场体系， 成为广东电网推动虚拟电厂发展的关键命题。 今年6月底，《广东虚拟电厂参与电能量交易实施细则（试行）》《广东虚拟电厂运营管理实施细则 （试行）》正式印发，进一步明确了"谁能参与、怎么参与、如何结算"三大问题，为虚拟电厂参与交易 明确了规则体系。 虚拟电厂进入市场的首要条件是运营商取得"虚拟电厂身份证"。当运营商获取售电资质后，将软硬件资 料打包提交，经广东省电力负荷管理中心、广东电力交易中心资料审核、技术把关及系统对接，再经30 天公示通过后，方能领到"虚拟电厂身份证"。截至9月23日，广东已累计公示两批共19家虚拟电厂运营 商注册名单。 有了"虚拟电厂身份证"，运营商即可启动资源聚合工作，将分散的代理用户资源进行整合打包，聚合成 符合市场交易标准的虚拟电厂交易单元。目前，广东电力交易中心已开放发电类虚拟电 ...

在全球储能市场竞争日趋激烈的2025年，海辰储能凭借持续增长的市场表现与硬核实力，实现了关键里程碑与行业地位的双重突破。2025年8月22日，海辰 储能正式宣布累计出货量突破100GWh，这一成绩背后是其近年来的稳健增长——2023年位列全球储能市场第五，2024年跃升至第三，2025年上半年更是凭 借优异的出货表现，成功跻身全球储能电池出货量及电力储能出货量双榜Top2，成为全球储能赛道的核心参与者。 五十 cannologian and along of a month F I O - 1997 - 1992 - 1997 G HO BE CO BOOD BE TOR BE IIIII TED NETDU G FREE ST OR BOOM BE BE BE BE UNC ADD NEADD S FOR SE DE WE THE BE BE THE BELLER 011 NEW HE DO GOOD BE BE BE BE BE BE BE BE BE III III ADE REGER S FOR BE DE BE BE BE BE BE TEN NE BE S BE BE BE DO AC DO OC ...

在全球市场布局上，海辰储能同样表现亮眼。凭借定制化解决方案能力，企业成功拿下沙特4GWh超级 储能项目，建成后可满足40万家庭单日用电需求，也是全球千安时电芯首次实现规模化应用。目前，海 辰储能产品已覆盖20多个国家和地区，针对中东高温环境研发的"沙漠之鹰"储能系统、适配欧洲能源转 型需求的定制方案，均获得当地市场广泛认可，持续扩大全球市场份额。 从厦门本土成长起来的"独角兽"，到两度跻身全球新能源500强的行业标杆，海辰储能以"技术突破 - 产 能落地 - 市场拓展"的闭环发展模式，不仅夯实了自身在全球储能领域的竞争力，更成为中国储能企业 参与全球能源转型的重要力量。未来，随着其全球化产能进一步释放、创新技术加速落地，海辰储能将 继续以实干推动储能产业升级，为全球新能源事业发展注入更多中国动能。 支撑海辰储能蝉联榜单的，是其在产能、技术与订单上的三重突破。2025年8月，海辰储能重庆制造基 地实现第100GWh产品下线，加之厦门、菏泽及美国得州生产基地联动，已形成覆盖多区域的全球化产 能网络。在满负荷生产的保障下，企业2025年上半年全球电力储能出货量跃升至全球第二，当前订单已 排至当年年底，规模化交付能力 ...