2025年，电力行业在能源安全与市场化改革的双重要求下稳步前行。面对极端天气考验、产业结构转型带来的多元挑战，行业以保供 稳价为底线，以市场机制创新为引擎，在供需平衡、市场建设、政策落地等方面实现多重突破。从全国统一电力市场框架成型到跨区资 源配置效率提升，再到电力消费结构优化，电力行业用坚实的发展成效，为经济社会高质量发展筑牢能源根基，也为"双碳"目标推进注 入持续动力。 截至6月底，全国电力市场经营主体数量97.3万家，同比增长2 3.8%，其中发电企业3.7万家、电力用户93.1万家、售电公司4366家。多 元主体协同参与的市场生态加速形成，为资源优化配置注入持续动力。 2025年是"十四五"规划收官之年，又恰逢"新电改"提出十周年，全国统一电力市场建设如期实现"初步建成"目标，形成中长期、现 货、辅助服务协同运行的市场格局。 在《关于全面加快电力现货市场建设工作的通知》2025年底前基本实现电力现货市场全覆盖的要求下，现货市场实现"从试点到全覆 盖"的跨越。目前除西藏等个别地区外，28个省份已连续开展现货交易，其中山西、广东、山东等7个省区转入正式运行阶段。 区域电力市场建设是全国统一电力市场建设的关 ...

Core Insights - The report highlights significant progress in China's sustainable development, with a comprehensive index rising from 56.2 in 2016 to 83.0 in 2025, marking a cumulative increase of 47.7% over nine consecutive years [2][3] - Key areas of improvement include economic development, social welfare, ecological environment, and governance, with annual growth rates of 5.26% and 4.4% for economic and social indices respectively [2][3] - The report emphasizes the need for continued efforts in green low-carbon transformation and the expansion of the carbon market to cover more industries [1][6] Economic Development - The economic development index has shown a steady annual increase of 5.26% since 2016, reflecting stable economic growth and enhanced social welfare [2][3] - The report indicates that the ecological environment index has increased by 1.2% year-on-year in 2025, demonstrating ongoing improvements in environmental quality [2][3] Green Energy Transition - As of June 2025, the total installed capacity of wind and solar power reached 1.67 billion kilowatts, surpassing the 2030 target ahead of schedule [3] - The number of green low-carbon patent applications from China reached 120,000 in 2024, a year-on-year increase of 18.9%, contributing 49.2% to global growth [3] Regional Development - The report categorizes provinces into five levels based on sustainable development indicators, with Beijing and Shanghai rated A+, while most provinces fall into H and B+ categories [4] - It suggests that regional coordination and the exploration of comparative advantages are crucial for sustainable development, with green energy becoming a new competitive edge [4][5] Future Outlook - The report anticipates that by September 2025, China will propose a 2035 national contribution target, reflecting ambitious goals for green low-carbon transformation [6] - Experts recommend enhancing carbon emission accounting systems and developing a multi-layered carbon management framework to facilitate investment in efficient emission reduction technologies [7]

绿色发展是中国式现代化的鲜明底色，《中共中央关于制定国民经济和社会发展第十五个五年规划 的建议》（以下简称"'十五五'规划建议"）明确提出"加快经济社会发展全面绿色转型，建设美丽中 国"，而发展绿色金融是推动经济社会绿色转型的必然要求。目前，我国绿色金融的顶层设计基本形 成，绿色金融业务快速发展，根据中国人民银行统计，截至2025年三季度末，我国本外币绿色贷款余额 43.51万亿元，其中，基础设施绿色升级、能源绿色低碳转型、生态保护修复和利用为主要应用领域， 占比达74.97%，有力推动了我国经济社会的转型升级。近期，在《〈"十五五"规划建议〉辅导读本》 中，中国证券监督管理委员会主席吴清特别强调"加力培育壮大耐心资本、长期资本和战略资本"，提 高"十五五"时期资本市场制度包容性、适应性。耐心资本作为一种注重长期投资、强调稳健回报的资本 形式，对于壮大绿色金融市场参与主体，为绿色金融发展提供可持续、长期、有耐心的资本具有重大意 义。 耐心资本在支持绿色金融发展方面具有天然优势 （一）从投资端来看，绿色金融领域为耐心资本提供了新的投资视角与机遇。2020年9月习近平总 书记在第七十五届联合国大会上正式宣布："中 ...

Core Viewpoint - The recent signing of EPC contracts for a 100 MW wind power project in Guangxi and a 100 MW photovoltaic project in Shanxi by the company demonstrates its ongoing and efficient expansion in the renewable energy sector, aligning with national carbon neutrality goals [1][5][8] Group 1: Project Developments - The 100 MW wind power project in Zhaoping, Guangxi, has a total estimated cost of approximately RMB 675 million and is expected to take 791 calendar days for construction [1][2] - The 100 MW photovoltaic project in Wuxiang, Shanxi, has a contract value of RMB 406 million, marking a significant step in the company's project development in the region [1][3] - Both projects utilize an integrated EPC model, ensuring clear responsibility, strict timeline control, and strong cost management [3][4] Group 2: Strategic Positioning - The company has successfully secured a total capacity of 400 MW for wind power projects in Guangxi, enhancing its market presence in the southern region [2][5] - The projects are part of a broader strategy to optimize the company's energy asset distribution across multiple regions, including South, North, and East China, thereby increasing overall market competitiveness [4][5] - The company’s recent achievements in project development have been recognized with awards for brand value and growth potential, reflecting positive market sentiment towards its strategic direction [1][8] Group 3: Support and Collaboration - The company benefits from strong support from local governments and strategic partnerships with leading engineering firms, enhancing project execution capabilities [3][6] - The collaboration model involving state-owned enterprises and local companies ensures high-quality project delivery and resource integration [6][7] - The backing from Shandong High-Speed Group provides significant financial and operational advantages, facilitating efficient project financing and risk management [6][7]

Core Viewpoint - The recent signing of EPC contracts for a 100 MW wind power project in Guangxi and a 100 MW solar power project in Shanxi by the company demonstrates its ongoing and efficient expansion in the renewable energy sector, aligning with national carbon neutrality goals [1][5] Group 1: Project Developments - The 100 MW wind power project in Zhaoping, Guangxi, has a total contract value of approximately RMB 675 million and is expected to take 791 calendar days for construction, covering all aspects from design to equipment procurement [1][2] - The 100 MW solar power project in Wuxiang, Shanxi, has a contract value of RMB 406 million, marking a significant step in the company's solar project development in the region [1][3] - The successful acquisition of project indicators for multiple wind power projects in Guangxi, totaling 400 MW, showcases the company's competitive edge and strategic positioning in the renewable energy market [2][3] Group 2: Strategic Positioning - The company is actively participating in the development of the Guangdong-Hong Kong-Macao Greater Bay Area, leveraging its strengths in industrial chain collaboration and strategic partnerships [2] - The recent projects are part of a broader strategy to enhance the company's market presence in southern China, aiming to achieve a breakthrough in market share in Guangxi [5][8] - The company is building a clean energy system centered on wind and solar power, which aligns with national sustainability goals and enhances its resilience and profitability [5][8] Group 3: Support and Collaboration - The company benefits from strong support from its major shareholder, Shandong High-Speed Group, which provides significant resources and credit backing, facilitating project financing and operational stability [6][7] - The collaboration model involving state-owned enterprises and listed platforms ensures project efficiency and quality, setting a precedent for future projects [6][7] - The recent EPC contracts reflect a successful integration of external resources and internal shareholder advantages, enhancing the company's operational capabilities [7]

Core Viewpoint - The establishment of the first batch of national zero-carbon parks marks a significant shift from local exploration to a systematic national project aimed at achieving zero-carbon goals, with energy system transformation and high integration of renewable energy being central to this initiative [2][6]. Group 1: National Zero-Carbon Park Construction - The first batch of national zero-carbon parks includes 52 parks, with construction deadlines set for 2027 to 2030 [2]. - The distribution of parks varies by region, with some provinces like Chongqing, Zhejiang, and Tibet having one park, while others like Xinjiang and Jilin have three [2]. - The transition to zero-carbon parks emphasizes the need for energy system transformation and the integration of renewable energy, highlighting the critical role of energy storage as a regulatory resource [2][11]. Group 2: Policy Evolution - The development of low-carbon parks in China has evolved through several stages, including ecological parks, low-carbon parks, near-zero carbon parks, and now zero-carbon parks [3][4]. - The "13th Five-Year Plan" period saw the formal inclusion of carbon emission intensity in national assessments, while the "14th Five-Year Plan" marks the transition of zero-carbon park construction from pilot projects to a national strategy [6] [10]. Group 3: Key Tasks for Zero-Carbon Parks - Eight key tasks have been identified for the construction of zero-carbon parks, including energy structure transformation, energy efficiency improvement, industrial structure adjustment, resource recycling, infrastructure upgrades, technology innovation, energy and carbon management enhancement, and support for reform and innovation [7]. Group 4: Energy Storage Requirements - Various regions have set energy storage requirements for zero-carbon parks, with some provinces like Shanghai requiring a storage system configuration ratio of 15% to 30% [9]. - Other provinces, such as Jiangsu and Sichuan, have established specific metrics for new energy storage capacity relative to average daily electricity consumption [9][10]. Group 5: Green Electricity Supply and Storage Integration - The construction of zero-carbon parks necessitates a collaborative approach to carbon reduction, with a focus on increasing the use of clean energy through high proportions of non-fossil energy [11][13]. - Policies have been introduced to facilitate the direct supply of green electricity and the integration of source-network-load-storage systems, allowing for a more efficient energy consumption model [14][15]. Group 6: New Energy Storage Opportunities - The potential for new energy storage applications is significant, particularly in high-energy-consuming industries, with provinces like Shandong and Inner Mongolia showing high electricity consumption in these sectors [17][20]. - The integration of energy storage solutions is essential for ensuring the stability and flexibility of the energy system, enabling the effective consumption of renewable energy [23][27]. Group 7: Case Studies - Notable examples of zero-carbon parks include the Ordos Zero Carbon Industrial Park, which utilizes 80% of its energy from wind and solar sources, and the Beijing JinFeng Technology Park, which has achieved renewable energy "carbon neutrality" [24][25][26]. - These case studies illustrate the successful implementation of integrated energy systems that combine various renewable sources and storage technologies to achieve sustainability goals [24][25][26].

"直流输电的'换相失败'，就像人的'心肌梗死'，会导致供电中断，极端情况下，可能引发大面积停 电。"清华大学电机工程与应用电子技术系直流研究中心主任余占清告诉记者，此次投运的新型HCC换 流阀，实现了微秒级时间内电流的精准识别、快速切断，能开能关，从根本上解决"换相失败"问题。 "同意，投运！"12月28日9时，在灵宝背靠背换流站主控室，随着国家电力调度控制中心最终指令下 达，我国完全自主研发、世界首台基于IGCT器件的新一代直流输电换流阀——混合换相换流阀（以下 简称"新型HCC换流阀"），结束了168小时试运行，正式在该站投入商业运行。这标志着困扰全球直流 输电领域半个多世纪的"换相失败"关键技术难题得以攻克。 换流阀是直流输电工程中实现交流电与直流电转换的核心设备，就像是"心脏"。目前，世界上直流输电 工程普遍采用传统晶闸管换流阀，在交直流电转换过程中存在"换相失败"风险。 据了解，河南电网处于西电东送、南北互供的重要枢纽位置，灵宝背靠背换流站是我国首个全国产化背 靠背直流输电工程，是华中与西北电网互联的重要节点。截至目前，该站已投运满20周年，累计向华中 电网输送电量超1300亿千瓦时，相当于减少我省 ...

王一鸣认为，在加快建设新型能源体系方面，从近中期来看，要夯实新能源安全可靠替代能力，推进新 型储能、虚拟电厂等新型电力灵活调节能力建设。在加快全国碳市场建设方面，要有序提高有偿分配比 例，有序扩大行业覆盖范围。 地区发展需挖掘比较优势 ● 本报记者 赵白执南 经济发展稳中向好，民生保障力度不断加大，生态环境质量持续改善，治理和保护工作成效显著……中 国国际经济交流中心课题组近日发布的《中国可持续发展报告（2025）》对中国可持续发展情况作出如 上评价。报告显示，中国可持续发展综合指数连续9年稳步增长，多个年份增速超5%。 专家认为，中国可持续发展成效显著，未来仍应持续推动能源绿色低碳转型，推动碳市场有序扩大覆盖 行业范围；地区层面更应立足资源禀赋深挖比较优势，根据区域发展优势变化优化功能区布局，为可持 续发展注入持久动力。 可持续发展综合指数攀升 报告显示，我国可持续发展综合指数从2016年度的56.2攀升至2025年度的83.0，累计增幅达到47.7%， 连续9年实现增长。 具体来看，经济发展、社会民生、生态环境和治理保护4个分项指数总体保持上升态势。自2016年度以 来，经济发展指数年均增幅为5.26%， ...

（来源：内蒙古日报） 转自：内蒙古日报 本报12月28日讯 （记者 杨威）记者从国网内蒙古东部电力公司获悉：截至12月28日零时，内蒙古通 过"五交三直"（五条特高压交流输变电工程线路和三条特高压直流输变电工程线路）8条特高压电力外 送通道，向11个省、区、市（山东、江苏、安徽、上海、浙江、湖南、西藏、青海、北京、天津、河 北）累计外送电量8347.65亿度（千瓦时），位居全国第一。 上述外送电量，相当于2.85亿户家庭一年用电量。由于特高压电网输电过程中具有高效、节能及减损降 耗等特点，加之电网绑定输出部分新能源电力，故外送8347.65亿度电，可减少原煤消耗约2.78亿吨，为 落实"西电东送"战略、保障国家能源安全、推进"双碳"目标落地注入了强劲动能。 从今年看，截至12月28日零时，内蒙古特高压电网2025年以来外送电量突破1800亿度，达1870.17亿 度，创下年度外送电新高，位居全国第一，相当于6500万户家庭一年用电量，累计减少原煤消耗约6200 万吨。其中，外送清洁电能约620亿度，占比超30%。至此，从自治区首条特高压电网线路2016年8月建 成投运以来，内蒙古特高压电网外送电量已保持连续8 ...

Core Viewpoint - The central six provinces of China are strategically planning their "14th Five-Year" initiatives to enhance efficiency and promote green expansion, aiming to establish a modernized growth model in the region [1] Group 1: Agricultural Development - The six provinces prioritize national food security in their planning, focusing on technological empowerment, green transformation, brand enhancement, and industry integration to redefine the modern connotation of "fish and rice country" [2] - Each province is breaking traditional agricultural paradigms by shifting towards a full industry chain layout, with initiatives such as Hubei's focus on high-quality agricultural production zones and Henan's goal of becoming a national base for quality grain and oil production [2] Group 2: Energy Transition - Energy transition is viewed as a key strategy for building a modern industrial system, with provinces like Shanxi aiming to evolve from a coal province to an energy powerhouse by integrating coal with new energy sources [3] - The construction of new energy systems is a priority, with various provinces planning to develop clean energy sources such as wind, solar, and biomass, alongside innovative energy technologies like controlled nuclear fusion [3] Group 3: Consumption and Economic Circulation - The term "consumption" appears frequently in the planning documents, indicating a strong focus on stimulating domestic demand as part of the new development pattern [4] - New consumption trends are emerging from the region, with cities experiencing rapid growth in retail sales, and initiatives to promote new economic activities such as e-sports and cultural tourism [4][5]