文 |中国电力报 近日，国家能源局总工程师、能源节约和科技装备司司长 刘德顺署名文章《谱写"十五 五"高水平能源科技自立自强新篇章》发布。 其中提到， "十五五"期间 ，国家能源局将锚定新型能源体系和能源强国目标，做好能源 科技创新这篇大文章，其中包括： 因地制宜发展能源新质生产力。坚持分业施策、分类指导， 积极培育"人工智能+"、新型 储能、氢能、绿色燃料等新产业、新业态、新模式。 2 0 26年， 国家能源局重点抓好六个方面的工作，其中包括： 积极培育能源领域新产业、新业态、新模式。以场景培育推动人工智能与能源融合发展， 促进人工智能与能源产业双向赋能， 积极推动"人工智能+能源"融合试点，形成一批高价 值场景应用综合解决方案。在新型电力系统中统筹推动新型储能产业发展，科学谋划新型 储能发展规模和布局，拓展新型储能多场景多技术路线创新应用，促进新型储能发展从政 策引导向市场驱动转变。 持续完善能源标准体系。推动能源领域国家标准和行业标准协调发展， 完 善新 型电力系 统、新型储能、绿色燃料等新 兴领域标 准 ， 组织开展"人工智能+"等新兴领域标准提升 行动，提高能源领域标准国际化水平。 谱写"十五五"高 ...

新世纪评级 能源行业 2025 年信用回顾与 2026 年展望 能源 稳定 能源行业 2025 年信用回顾与 2026 年展望 工商企业评级部 凌辉 摘要 近年我国持续推进绿色低碳转型，可再生能源消费占比增加显著，能源消 费结构朝着清洁化、低碳化方向稳步迈进。受国内经济增长动力转换影响， 以网络通信、新能源新材料、人工智能、生命科学等为代表的新质生产力 成为能源消费增长新驱动，我国能源消费总量仍保持了较高增速。2024 年 以来我国煤炭、原油及天然气产量继续增长，新型储能保持蓬勃发展。伴 随油气电网络不断织密，能源大范围输送能力提升，能源系统韧性不断增 强。近年能源投资增加明显，尤其在能源效率提升、可再生能源、输配电 网络、储能、煤电升级等领域。根据"十五五"规划建议，未来五年我国 将加快新型能源体系建设，清洁能源基地、储能、智能电网、微电网、分 布式能源、零碳工厂及园区等或成为政策重点支持方向。 主要能源品种方面：（煤炭）2025 年国内煤炭价格呈 N 型走势，中枢同比 下移。供应端产量小幅增长但前高后低，上半年产量高增致市场过剩，7 月超产专项核查后产量增速持续收窄，政策调控成为产量变化的核心主 导因素。 ...

转债个券研究系列 华辰转债 江苏华辰：变压器出海赛道的成长力量 glmszqdatemark | 分析师 | 徐亮 | | --- | --- | | 执业证书： S0590525110037 | | | 邮箱： | xliang@glms.com.cn | | 分析师 | 林浩睿 | | 执业证书： S0590525110039 | | | 邮箱： | linhaorui@glms.com.cn | 相关研究 中国变压器行业在过去十年经历了由稳步增长转向加速腾飞的强势发展历程，其 增长轨迹与全球能源转型和电网投资浪潮高度共振。在 2016-2020 年间出口额从 28.44 亿美元增长到 32.64 亿美元，在此期间，2018 年受全球工业复苏影响取得 9.5% 的较快增长，但 2020 年受公共卫生事件影响出现 2.1%的微幅下滑，整体表现平稳。 从 2021 年开始出口额进入了快速增长的阶段，从 36.72 亿美元上升 至 2025 年的 90.36 亿美元，五年间规模扩张近 2.5 倍，增长势头逐年增强，特 别是 2024-2025 年，在 26.6%的高基数上进一步跃升至 34.9%的惊人增速，显示 ...

筑牢本质安全基石 护航能源强国建设 中共中央党校（国家行政学院）教务部副主任、教授、博士生导师，中国应急管理学会常务理事 张伟 党的二十届四中全会对加快建设新型能源体系、建设能源强国作出了顶层设计和战略擘画。2026年全国 能源工作会议进一步明确，要以2035年基本建成能源强国为主线，将提升能源基础设施本质安全水平作 为保障国家能源安全的核心任务。站在"十五五"规划开局之年的新起点，我们要深刻认识到，本质安全 不仅是能源保供的"底线"，更是高质量发展的"生命线"。 一、深刻领悟能源电力基础设施本质安全的战略内涵 能源电力基础设施是国民经济的动脉。截至2025年底，我国全口径发电装机容量已突破38亿千瓦，全年 全社会用电量首次超过10万亿千瓦时，这一规模在全球范围内尚属首次。 在新型能源体系加快构建的背景下，本质安全不再仅仅是单纯的"不出事故"，而是系统通过规划、设 计、建设、运行等全过程的科学管控，使能源系统具备抵御极端风险的"免疫力"和自动适应的"恢复 力"。这要求我们从被动防御转向源头防控，实现从"人防"向"技防、物防、智防"的系统性跃升。 二、深刻认识当前电力系统面临的新挑战与新风险 进入2026年，我 ...

据国家能源局统计，近四年，风光新增规模连续突破1亿、2亿、3亿、4亿千瓦关口。其中，2022年新增 1.2亿千瓦，2023年新增2.9亿千瓦，2024年新增3.6亿千瓦，2025年新增4.3亿千瓦，增量规模呈现阶梯式 上升。 全国能源工作会议强调，2026年，持续提高新能源供给比重，全年新增风电、太阳能发电装机2亿千瓦 以上，有序推进重大水电项目，积极安全有序发展核电，加强化石能源清洁高效利用。组织开展"人工 智能+"能源融合试点和"人工智能+"能源标准化提升行动，扎实推进智能电网重大专项等能源重大技术 装备攻关，前瞻布局氢能、核能等未来能源产业。 （来源：经济参考报） 国家能源局1月28日发布的2025年全国电力统计数据显示，截至2025年底，全国累计发电装机容量38.9 亿千瓦，同比增长16.1%。其中，风电、太阳能发电装机累计并网装机首次超过18亿千瓦，达到18.4亿 千瓦，相当于约82个三峡电站的总装机，占比达到47.3%。 具体来看，风电装机容量6.4亿千瓦，同比增长22.9%；太阳能发电装机容量12.0亿千瓦，同比增长 35.4%。2025年，风电、太阳能发电装机历史性超过火电，截至12月底，已超 ...

Core Viewpoint - The article highlights the significant growth and development of the photovoltaic and energy storage industry in China, emphasizing the upcoming 2026 China International Photovoltaic and Energy Storage Industry Conference as a pivotal event for industry collaboration and innovation [1][6]. Group 1: Industry Growth and Development - As of September 2025, China's renewable energy installed capacity reached nearly 2.2 billion kilowatts, a year-on-year increase of 27.2%, accounting for approximately 59.1% of the total installed capacity [2]. - The installed capacity of new energy storage exceeded 100 million kilowatts, representing a growth of over 30 times compared to the end of the 13th Five-Year Plan, with over 40% of the global total installed capacity [2]. - The 2025 National Energy Work Conference outlined a clear path for energy development, aiming for an additional 200 million kilowatts of wind and solar power installations in 2026, creating substantial market opportunities for the photovoltaic and energy storage sectors [2]. Group 2: Conference Highlights and Achievements - The 2025 conference resulted in over 33 billion yuan in signed cooperation projects, covering various aspects of the new energy industry, including photovoltaic projects, energy storage, and smart energy solutions [4]. - The event has evolved from a simple forum to a comprehensive platform for exhibitions, discussions, and collaborations, expanding its global network and influence [4]. - The upcoming 2026 conference aims to facilitate high-level discussions on policy interpretation, industry collaboration, and international cooperation, marking a new phase in the development of the photovoltaic and energy storage industry [6][7]. Group 3: Future Outlook - The 2026 conference will focus on integrating policies and market forces to drive the industry towards high-quality development, with expectations for authoritative forums, technology summits, and practical cooperation opportunities [6][7]. - The emphasis on AI integration in energy management and the exploration of hydrogen and nuclear energy as future energy sources are highlighted as key areas for innovation and growth [2].

Core Insights - The 8th China International Photovoltaic and Energy Storage Industry Conference concluded successfully in November 2025, establishing itself as one of the top three global events in the solar and energy storage sector alongside the SNEC in Shanghai and the Munich Solar Energy Storage Exhibition [1][3] - The upcoming 9th conference is scheduled for November 17-20, 2026, in Chengdu, aiming to further promote industry collaboration and innovation [1][8] Industry Developments - As of September 2025, China's renewable energy installed capacity reached nearly 2.2 billion kilowatts, a year-on-year increase of 27.2%, with a share of approximately 59.1% in the energy mix [3] - The installed capacity of new energy storage exceeded 100 million kilowatts, growing over 30 times compared to the end of the 13th Five-Year Plan, accounting for more than 40% of the global total [3] - The national energy work conference in December 2025 set clear goals for the 14th Five-Year Plan, emphasizing the need for a green and low-carbon energy transition, with a target of adding over 20 million kilowatts of wind and solar power capacity in 2026 [3] Conference Achievements - The 8th conference facilitated over 33 billion yuan in cooperation projects, covering various aspects of the renewable energy industry, including centralized and distributed solar projects, independent energy storage, and smart energy solutions [5] - The event has evolved from a simple forum to a comprehensive platform for exhibitions, discussions, and collaborations, expanding its global network and influence [5] Future Outlook - The 9th conference will focus on building a platform for policy interpretation, industry collaboration, and international cooperation, aiming to transition the energy storage industry from growth to system empowerment and ecological co-construction [8] - Key highlights of the upcoming conference include authoritative forums, technology summits, application scenario exhibitions, and a global procurement exchange area to enhance practical cooperation within the industry [8]

2026.01. 26 本文字数：1566，阅读时长大约3分钟 作者 | 第一财经 郭霁莹 近日，两大电网、五大发电集团、两大核电集团等多家能源央企密集召开年度工作会议，部署2026年重点 任务。 当前，国内能源转型与安全保障的双重需求突出。据国家统计局数据，2025年全社会能源消费总量初步统 计比上年增长3.5%。其中，全社会用电量历史性增至10.4万亿千瓦时，同比增长5%，相当于美国全年用 电量的两倍多，超过欧盟、俄罗斯、印度、日本四个经济体的年用电量总和。而且在"双碳"目标下，国内 2025年非化石能源占能源消费总量比重较上年提高约2个百分点，超过石油成为第二大能源类型，成为能源 增量主体。 第一财经记者梳理发现，挖掘潜力扩大有效投资、靠前谋划一批重大项目和标志性工程，保障能源电力安全 可靠供应，以及加快产业数智化转型、推动科技创新与产业创新深度融合，是能源央企在2026年工作规划 中谈及最多的三大任务。 扩大有效投资是上述企业"十五五"开局工作的核心抓手。电网与核电领域的标志性工程率先落地。1月中 旬，国家电网以"十五五"期间4万亿元创纪录的固定资产投资计划拉开序幕，南方电网紧随其后披露了 2026年 ...

Core Viewpoint - Shanxi aims to transition from a coal-dominant province to a comprehensive energy powerhouse during the "15th Five-Year Plan" period, focusing on deepening the energy revolution and enhancing energy security and resilience [1][4]. Group 1: Energy Transition Strategy - Shanxi's energy strategy emphasizes the integration of traditional and renewable energy sources, enhancing the resilience of energy supply and security [3][4]. - The province plans to redefine its coal industry, shifting from low-end to high-end production, and from primary fuel to high-value products [6][7]. - The goal is to develop a new energy system that includes clean, low-carbon coal development and diversified utilization [6][10]. Group 2: New Energy System Development - Shanxi is constructing a new energy system characterized by the integration of wind, solar, hydro, and thermal energy, along with energy storage solutions [10][11]. - The focus is on creating a multi-dimensional energy supply network that includes hydrogen and methanol, addressing the intermittency of renewable energy [10][11]. - The province aims to enhance the intelligence of its power systems through the development of smart grids and distributed energy resources [10][11]. Group 3: Technological and Market Innovations - Shanxi's energy transition will be driven by technological innovation, market reform, and open cooperation, establishing itself as a hub for energy technology [13][14]. - The province plans to focus on breakthroughs in traditional coal mining technologies and the development of new energy and storage technologies [14][15]. - There is an emphasis on creating a market mechanism that supports the new energy system and enhances Shanxi's influence in national energy markets [14][15]. Group 4: Industrial Synergy and Economic Impact - The energy transition is expected to stimulate the development of advanced manufacturing and equipment sectors, creating significant market opportunities [15]. - Shanxi aims to leverage its energy advantages to attract high-end manufacturing and develop green finance and certification services [14][15]. - The overall goal is to transform from being a mere energy supplier to a leader in energy technology and solutions, contributing to national energy security and innovation [15].

Core Viewpoint - The Shanxi Provincial Energy Work Conference outlined the strategic direction for the energy sector during the "14th Five-Year Plan" and set goals for the "15th Five-Year Plan" and 2026, emphasizing energy security, green transformation, and the transition from a coal-dominated economy to a diversified energy system [1][3][4]. Group 1: Energy Development Strategy - The conference highlighted the transition from "traditional coal mining" to "intelligent and green" coal production, and from "coal-dominated power" to a "diversified and complementary" power structure [3][4]. - By 2025, Shanxi aims to establish a new energy system with local characteristics, focusing on energy security, digital empowerment in coal production, and green low-carbon development [3][4]. - The energy sector is expected to shift from "individual energy solutions" to "integrated energy services," enhancing collaboration among various energy sources [4]. Group 2: Key Focus Areas for 2026 - Eight key areas of focus were identified for 2026, including the creation of new energy service models, promoting high-quality coal production, and advancing the transformation of the electricity sector [5][6]. - The development of a billion-dollar coalbed methane industry cluster is planned, alongside the promotion of unconventional gas production and the enhancement of gas utilization technologies [5][6]. - The conference emphasized the importance of energy technology innovation and the conversion of research achievements into practical applications [6]. Group 3: Implementation and Governance - The conference stressed the need for strong political leadership and effective management to ensure the successful implementation of energy plans and projects [6][7]. - It called for a collaborative approach among provincial, municipal, and county levels to manage energy resources effectively and ensure energy supply during peak demand periods [6].