如何选择投资工具？中证绿色电力指数吸纳了新型电力系统建设的核心受益标的，均衡配置核电、火电 转型企业，2019年以来年化收益率达5.96%（截至2025/10/17），在可比电力指数标的中保持领先。绿 色电力ETF易方达（562960，场外联接A/C: 019058/019059）一键打包风光、水电、火电转型龙头企 业，可以作为把握新型电力系统转型β的优质工具！ 以上内容与数据，与有连云立场无关，不构成投资建议。据此操作，风险自担。 产业基本面：10月以来北方寒潮天气来袭，气温快速下降，电厂日耗环比大幅回升，在去年冬季用电量 低基数效应下，今年冬季用电需求或将出现同比明显改善。节后需求快速回升下库存显著下降，叠加供 给受降雨等因素影响受限，煤价快速走旺。成本端抬升也有望为明年长协电价修复的形成助力。 产业政策：9月，国资委部分国有企业经济运行座谈会聚焦"稳电价、稳煤价"、防止"内卷式"恶性竞争 等，听取企业意见建议，进一步研究夯实企业高质量发展基础的政策举措。"反内卷"的政策框架内首次 提出"稳电价"，直指当前电力行业的核心矛盾，有望推动形成稳定的电价预期，一定程度缓解此前市场 对于 2026 年年度长协电价 ...

Core Insights - The "14th Five-Year" technology planning is crucial for addressing the challenges in the development of the power grid in Jiangsu Province, emphasizing the need for high-quality planning and execution [1][2] Group 1: Technology Planning and Development - The State Grid Jiangsu Electric Power Company held a seminar to compile the "14th Five-Year" technology plan, focusing on diverse input from various departments to enhance the planning process [1] - The report generated from this planning effort identifies three core demands: efficient utilization of offshore wind and solar energy, large-scale distributed photovoltaic energy consumption, and the integration of high-proportion power electronic sources [1] - The planning aims to address systemic and structural issues arising from the transition to a new power system, highlighting the importance of technological innovation during this critical period [1] Group 2: Strategic Goals and Implementation - The company emphasizes the importance of recognizing the "14th Five-Year" technology plan as a blueprint for addressing power grid development issues, with a focus on Jiangsu's resource endowment [2] - A collaborative approach involving all departments is essential to create eight typical development scenarios by 2030, enhancing the guiding role of the technology plan [2] - The company plans to increase investment in technology research and development, attract talented professionals, and promote the transformation and application of technological achievements to contribute to energy innovation and development [2]

Core Insights - The project by Tianqi Hongyuan's subsidiary, Suiyang Qiyuan Energy Storage Technology Co., Ltd., has received approval for its 300MW/600MWh grid-connected energy storage station from Guizhou Electric Power Company, marking a significant step towards its construction [1][3] - The project aims to be operational by June 2026, contributing to the green and low-carbon energy transition in the region [1][3] Project Details - The project will include the construction of a new 220kV Qiyuan Energy Storage booster station and a 35kV collection line, along with a new 220kV line connecting to the 500kV Shixiang substation [2] - Equipment specifications include a 300MVA main transformer and 2×30MVar SVG reactive power compensation [2] - The energy storage system will feature four-quadrant power control, automatic generation control (AGC), and automatic voltage control (AVC), with a power factor adjustment range of ±0.95 [2] Construction Readiness - All core prerequisites for construction, including filing, land use, and grid access, have been completed, allowing for full-scale construction to commence [3] - The project is expected to enhance the region's ability to absorb renewable energy and serve as a stabilizer for the local grid [3]