Core Viewpoint - The Ministry of Ecology and Environment is expanding the voluntary greenhouse gas emission reduction methodologies to include biomass energy utilization and methane reduction in the oil and gas industry, indicating a shift towards more specialized and refined emission reduction mechanisms in China [2][3]. Group 1: New Methodologies - The Ministry of Ecology and Environment has opened public consultation on four new methodologies related to biomass power generation and methane recovery from oil and gas fields [2]. - The first batch of national voluntary greenhouse gas emission reduction trading market methodologies was released in October 2023, focusing on afforestation carbon sinks and renewable energy [2]. - The second batch, released in January 2025, included methodologies for energy-saving in tunnel lighting and low-concentration gas utilization in coal mines [2]. Group 2: Focus on Methane Emission Control - Methane is the second-largest greenhouse gas after carbon dioxide, and the new control plan emphasizes the comprehensive utilization of methane and the management of methane emissions from oil and gas fields [3]. - The third batch of methodologies aims to address "hard-to-reduce" sectors, enhancing the economic viability of methane recovery for oil and gas companies [3]. - The implementation of these new methodologies is expected to provide a clear pathway for biomass power projects to participate in the carbon market [3].

行 华福证券 公用事业 2025 年 08 月 16 日 业 研 究 行 业 定 期 报 公用事业 第 33 周：初步构建完成电力市场"1+6"规则体 系，CCER 第三批方法学征求意见启动 投资要点： 行情回顾：8 月 11 日-8 月 15 日，燃气板块、环保板块、水务板块分 别上涨 2.49%、1.77%、0.29%，电力板块下降 1.04%，沪深 300 指数上升 2.37%。 告 《电力市场计量结算基本规则》印发，初步构建完成电力市场"1+6" 规则体系：2025 年 8 月 6 日，国家发展改革委、国家能源局发布《电力市 场计量结算基本规则》，标志着我国以《电力市场运行基本规则》为基础， 电力中长期、现货、辅助服务规则为主干，信息披露、准入注册、计量结 算规则为支撑，涵盖电力市场各品种各环节的"1+6"基础规则体系初步构建 完成。电力市场的计量结算环节存在跨省交易成本高、效率低；数据不透 明，难以监督；结算周期差异大，市场协同运行有难度等问题。《规则》 共 6 章 56 条，涵盖计量管理、结算管理、监督管理等方面。明确了计量结 算的定义与适用范围，覆盖电能量交易、辅助服务交易等所有电力市场类 型， ...