日前，"中国电力报"发表国家能源局煤炭司司长刘涛署名文章《以党的二十届四中全会精神为引领 不 断开创煤炭高质量发展新局面》，文章提出，锚定碳达峰目标任务，高水平推进煤炭清洁高效利用。实 现碳达峰，能源行业是主战场，煤炭清洁高效利用是重要途径，要加强煤炭开采、加工、利用全过程清 洁高效利用管理，推动生态文明建设在煤炭领域走深走实。加强矿区总体规划环评管理，严把煤矿项目 建设环保关，促进煤炭资源开发与生态环境保护相协调。深入实施煤炭清洁高效利用行动计划，研究修 订商品煤质量管理办法，提升洗选加工定制化水平。推动煤层气产业基地扩容提效，深化煤炭与煤层气 （煤矿瓦斯）共采，加强瓦斯资源化利用，稳步推进煤炭行业甲烷控排。积极推进煤炭与新能源融合发 展，支持资源枯竭矿区、采煤沉陷区积极发展光伏风电产业，创新矿区绿色能源开发利用方式，增强煤 炭绿色发展动能，为加快经济社会发展全面绿色转型提供有力支撑。 原文如下： 以党的二十届四中全会精神为引领 不断开创煤炭高质量发展新局面 国家能源局煤炭司司长 刘涛 党的二十届四中全会作出建设能源强国重大战略部署，明确提出加快建设新型能源体系，推动煤炭消费 达峰，加强化石能源清洁高效利用 ...

以党的二十届四中全会精神为引领 不断开创煤炭高质量发展新局面 国家能源局煤炭司司长 刘涛 全面推进煤炭清洁高效利用，绿色低碳发展取得新成效。研究制定煤炭洗选加工、煤炭与新能源融合发 展等政策措施，出台实施专项行动计划，坚持以减污降碳、提高能效为主攻方向，推进煤炭全生命周期 清洁高效利用水平快速提升。严格落实绿色环保办矿要求，积极推广充填开采、保水开采等绿色开采技 术，推动煤矿用能清洁替代，推动矿区全面绿色转型。加强煤炭质量源头管理，要求新建煤矿配套建设 选煤厂，因地制宜推广干法分选等技术工艺，煤矸石综合利用率、原煤入选率稳步提升。推动煤炭消费 集中化利用，稳步推进煤制油气和富油煤分质利用产业示范，建成全球最大清洁煤电煤炭利用体系。 加快推进煤层气（煤矿瓦斯）开发利用，资源环境安全综合效益充分显现。加大煤层气勘探勘探开发力 度，推动沁水盆地、鄂尔多斯盆地东缘等产业基地持续增储上产，2025年煤层气产量达到155亿立方 米、是2020年的2.3倍，成为天然气供应的重要补充。加大煤矿瓦斯防治技术装备创新和推广应用，推 动瓦斯抽采方式由井下向井上下联合转变，瓦斯利用范围由高浓度为主向全浓度转变，2025年瓦斯利用 量 ...

Group 1: Core Achievements - The "Plastic Inorganic Semiconductor" project won the Basic Research Award, while the "DME to Ethanol Technology" project received the Technological Invention Award, and the "RF SAW Filter Technology for 5G/6G" project was awarded the Scientific Research Award [4] - The "Plastic Inorganic Semiconductor" project achieved a breakthrough by discovering that silver sulfide and indium selenide single crystals exhibit metallic-like mechanical properties at room temperature, significantly exceeding conventional semiconductors in strain capabilities [5] - The "DME to Ethanol Technology" project has developed a complete industrialization technology with independent intellectual property rights, achieving the world's first industrial demonstration and multiple projects with a capacity of 50 million tons/year of coal-based ethanol and 60 million tons/year from steel plant gas [6] Group 2: Technological Innovations - The project team for the "Plastic Inorganic Semiconductor" has identified over 20 types of room-temperature plastic inorganic semiconductors through high-throughput calculations, leading to the development of revolutionary materials and devices [5] - The "RF SAW Filter Technology" project has developed a large-scale production technique for piezoelectric heteroepitaxial wafers, significantly increasing the working frequency of devices from below 2GHz to above 6GHz, thus overcoming previous limitations [8] - The "DME to Ethanol Technology" has signed 15 technology implementation contracts, achieving a total capacity of 5.15 million tons/year, with 7 projects already in production [6]

Core Insights - The coal industry is undergoing a significant restructuring on the supply side, with policies aimed at controlling coal consumption in power generation and coal-to-gas projects, leading to a tighter supply environment. The emphasis on high-quality and compliant production capacity is expected to increase [4][6][10] - Demand for coal remains stable, driven by resilient electricity consumption and growth in the coal chemical sector, particularly in coal-to-oil and coal-to-olefins projects. Overall coal demand is projected to see slight growth in 2026 [4][6][10] - Investment recommendations include focusing on growth-oriented companies such as TBEA, Jinkong Coal, Huayang Co., Xinjie Energy, Huaihe Energy, and Yancoal Energy, as well as stable dividend-paying companies like China Shenhua, Shaanxi Coal, and China Coal Energy [4][10] - Contrary to common perceptions, the report argues that coal will maintain its strategic importance in energy supply, with a robust demand foundation supporting the industry's fundamentals. The cash-generating nature of the coal sector is expected to strengthen, with coal prices likely to remain at reasonable high levels, enhancing profitability and dividend capacity [4][10] Supply Side Analysis - The domestic coal production growth rate is slowing, with December 2025 coal production at 4.37 million tons, a year-on-year decrease of 1.0%. The overall production for 2025 is projected at 48.32 billion tons, a 1.2% increase year-on-year [22][24] - The report highlights that the supply-demand balance is tightening, with significant policy changes and production adjustments in key coal-producing regions [4][6][10] Demand Side Analysis - Industrial coal demand is showing a steady increase, while thermal power demand is experiencing temporary pressure. The chemical sector is emerging as a new growth driver, with coal consumption in chemical industries growing by 7% year-on-year in December [4][10] - The report indicates that the overall coal consumption is expected to stabilize and achieve slight growth in 2026, supported by ongoing electricity demand [4][10] Key Events and Policy Changes - Recent policy changes include the implementation of stricter safety regulations and the introduction of export tariffs by Indonesia, which are expected to impact global coal supply dynamics [6][10] - The report notes the establishment of a new coal transportation base in Guazhou, which is expected to enhance coal distribution efficiency and support national energy security [6][10] Price Dynamics - The seasonal adjustment of national railway freight rates is expected to influence coal price volatility, with price movements likely to accelerate during periods of freight rate adjustments [10] - The report anticipates that coal prices will rebound, particularly in the peak demand season, driven by improved demand and operational conditions [10]

这三个获奖项目团队代表近日接受媒体采访，对项目成果研发及应用等进行科普解读。 实现"从0到1再到10"的突破 塑性无机半导体、制乙醇、滤波器等获中国科学院杰出科技成就奖 中新网北京1月29日电 (记者 孙自法)中国科学院2025年度杰出科技成就奖1月28日在北京揭晓并颁奖， 其中，"塑性无机半导体"项目获基础研究奖，"二甲醚经乙酸甲酯制乙醇技术"项目获技术发明 奖，"5G/6G移动通信用射频声波滤波器关键衬底技术及其产业化"项目科技攻关奖。 中国科学院上海硅酸盐研究所副所长史迅研究员介绍说，针对无机半导体本征脆性导致无法实现宏观室 温塑性的关键科学问题，"塑性无机半导体"项目团队在国际上率先发现硫化银、硒化铟单晶在室温具有 类似金属的力学性能，压缩、弯曲、拉伸等应变均远大于常规半导体，实现"从0到1"的突破。随后研究 揭示"多中心、弥散"化学键主导的塑性微观机制，提出塑性因子和变温塑性模型，通过高通量计算筛选 出二硫化钼等20余种室温塑性无机半导体，实现"从1到10"的突破。 获奖项目研发的塑性无机半导体硫化银、硒化铟单晶。中国科学院上海硅酸盐研究所 供图 研究团队进一步引领开展塑性与热电、铁磁、传感等功能协 ...

记者从中国煤炭工业协会了解到，2025年全国规上煤炭产量完成48.3亿吨，同比增长1.2%，创历史新 高。 记者从中国煤炭工业协会了解到，作为能源保供"压舱石"，煤炭供应在生产端依托政策引导与产能释放 实现稳定输出，2025年全年全国规模以上煤炭产量创历史新高;山西、陕西、内蒙古和新疆四省区煤炭 产量占全国总产量的82%左右，四省区煤炭调出量占全国跨省区外调量的95%以上，对保障全国煤炭安 全稳定供应发挥了重要作用。 我国最新印发了《煤炭清洁高效利用重点领域标杆水平和基准水平(2025年版)》，推动煤炭产业由低端 向高端、煤炭产品由初级燃料向高价值产品攀升。 中国煤炭工业协会数据显示，我国煤化工原料耗煤量正以每年2000万至3000万吨的规模持续增长。新标 准进一步明确将燃煤发电供热煤耗、煤制天然气等纳入能效管控重点领域，设立标杆与基准水平，此举 将有力推动煤炭从燃料向原料的应用拓展。 在石家庄，一列列来自山西阳泉、陕西榆林的运煤火车正将煤炭源源不断送至国家电投良村热电。通过 科学调控调运节奏，实现日均接卸火车2—3列，到厂量达7000吨—10000吨，可充分满足当地热电发电 供暖生产需求。 中国煤炭工业协会 ...

Core Viewpoint - The coal industry in Guizhou Province is positioned as a core force for energy security in Southwest China, with a focus on safety, transformation, and benefiting people's livelihoods as outlined in the "14th Five-Year Plan" [1][3] Group 1: Industry Development and Performance - In 2025, Guizhou's coal production reached 183 million tons, an 8.8% increase from 168 million tons in 2024, with a continued positive trend in safety production [3] - The coal power installed capacity accounts for approximately 40% of the total, contributing nearly 60% of the electricity generation, highlighting its critical role in energy security [3] - The coal industry's energy support ratio is expected to remain around 50% during the "15th Five-Year Plan" period [3] Group 2: Innovation and Technology - The transformation of the traditional coal industry must be driven by technological innovation, focusing on clean utilization, intelligent development, and ecological construction [4] - Guizhou has developed a unique path of "introduction-digestion-absorption-re-innovation" to create independent intellectual property rights and promote high-quality industry development [4] - A collaborative platform between enterprises and universities has been established to cultivate high-level professionals for the healthy development of coal [4] Group 3: Strategic Planning and Market Expansion - The industry is advancing the construction of intelligent coal washing plants and aims to enhance coal quality through customized products based on market demand [5] - Efforts are being made to establish a coal pricing mechanism in Southwest China and prepare for a coal trading conference to increase Guizhou's market share [5] Group 4: Coalbed Methane Development - Guizhou is the second richest province in coalbed methane resources, with significant progress made despite complex geological conditions [6] - The association plans to enhance coalbed methane exploration through annual energy expos and collaboration with universities and research institutions [6] Group 5: Commitment to Energy Security and Transformation - The coal industry in Guizhou is committed to implementing the meeting's spirit with a focus on development and safety, aiming for structural optimization while ensuring energy security [7] - The industry is undergoing comprehensive reforms, from intelligent construction to green transformation, contributing to high-quality energy development in Guizhou [7]

记者从中国煤炭工业协会了解到，2025年全国规上煤炭产量完成48.3亿吨，同比增长1.2%，创历史新高。 记者从中国煤炭工业协会了解到，作为能源保供"压舱石"，煤炭供应在生产端依托政策引导与产能释放实现稳定输出，2025年全年全国规模以 上煤炭产量创历史新高；山西、陕西、内蒙古和新疆四省区煤炭产量占全国总产量的82%左右，四省区煤炭调出量占全国跨省区外调量的95% 以上，对保障全国煤炭安全稳定供应发挥了重要作用。 在石家庄，一列列来自山西阳泉、陕西榆林的运煤火车正将煤炭源源不断送至国家电投良村热电。通过科学调控调运节奏，实现日均接卸火车 2—3列，到厂量达7000吨—10000吨，可充分满足当地热电发电供暖生产需求。 责任编辑：闫弘旭 中国煤炭工业协会副会长 张宏：入冬以来，全国煤炭产量继续保持稳定增长趋势。12月份，全国规上企业原煤产量4.4亿吨，日均产量1410万 吨，处于历史较高水平，煤炭产量平稳增加，库存处于较高水平。 发布新标准 推动煤炭清洁高效利用 我国最新印发了《煤炭清洁高效利用重点领域标杆水平和基准水平(2025年版)》，推动煤炭产业由低端向高端、煤炭产品由初级燃料向高价值 产品攀升。 中国煤 ...

据央视新闻消息，我国最新印发了《煤炭清洁高效利用重点领域标杆水平和基准水平(2025年版)》，推 动煤炭产业由低端向高端、煤炭产品由初级燃料向高价值产品攀升。中国煤炭工业协会数据显示，我国 煤化工原料耗煤量正以每年2000万至3000万吨的规模持续增长。新标准进一步明确将燃煤发电供热煤 耗、煤制天然气等纳入能效管控重点领域，设立标杆与基准水平，此举将有力推动煤炭从燃料向原料的 应用拓展。 信达证券认为，结合对能源产能周期的研判，煤炭供给瓶颈约束有望持续至"十五五"，仍需新规划建设 一批优质产能以保障我国中长期能源煤炭需求。在煤炭布局加速西移、资源费与吨煤投资大幅提升背景 下，国内经济开发刚性成本和国外进口煤成本的抬升均有望支撑煤价中枢保持高位。当前，煤炭板块仍 属高业绩、高现金、高分红资产，行业仍具高景气、长周期、高壁垒特征，叠加宏观经济底部向好，央 企市值管理新规落地，煤炭央国企资产注入工作已然开启，以及一二级市场估值倒挂，愈加凸显优质煤 炭公司盈利与成长的高确定性。煤炭板块向下调整有高股息安全边际支撑，向上弹性有后续煤价上涨预 期催化，继续全面看多"或跃在渊"的煤炭板块。 开源证券认为，"反内卷"重塑煤炭 ...

信达证券（601059）认为，结合对能源产能周期的研判，煤炭供给瓶颈约束有望持续至"十五五"，仍需 新规划建设一批优质产能以保障我国中长期能源煤炭需求。在煤炭布局加速西移、资源费与吨煤投资大 幅提升背景下，国内经济开发刚性成本和国外进口煤成本的抬升均有望支撑煤价中枢保持高位。当前， 煤炭板块仍属高业绩、高现金、高分红资产，行业仍具高景气、长周期、高壁垒特征，叠加宏观经济底 部向好，央企市值管理新规落地，煤炭央国企资产注入工作已然开启，以及一二级市场估值倒挂，愈加 凸显优质煤炭公司盈利与成长的高确定性。煤炭板块向下调整有高股息安全边际支撑，向上弹性有后续 煤价上涨预期催化，继续全面看多"或跃在渊"的煤炭板块。 开源证券认为，"反内卷"重塑煤炭核心价值，周期与红利攻守兼备。煤炭曾经是传统的周期股无疑，但 随着地缘政治、"双碳"政策、煤和电盈利平衡等多因素的影响下，煤炭的周期属性弱化已是事实，煤炭 已体现出红利和周期的双重属性。在经济偏弱和市场整体收益率下行的背景下，煤炭作为高股息红利的 代表，仍旧是市场最为认可的价值资产；如政策助力和市场调节致使供需短期错配，煤炭股随着煤价的 变动仍有望凸显出周期属性。周期与红利 ...