最近全球新闻连起来看全是"能源大戏"：美国联手盟友围剿委内瑞拉，以色列在中东频频出手，特朗普更是放话要对俄罗斯石油征收25%到50%的二级关 税。 这一连串动作看似毫无关联，实则都指向同一个核心。能源。翻开历史就会发现，谁掌控了核心能源，谁就掌握了世界的话语权，而货币霸权永远是能源霸 权的影子。 第一次工业革命后，英国靠煤炭撑起日不落帝国，英镑也跟着成为全球硬通货；二战结束，美国绑定石油建立美元霸权，至今仍主导全球金融秩序。 如今AI时代来临，新的能源博弈早已拉开序幕，这场较量的结局，可能会改写未来几十年的世界格局。 美国之所以死死咬住石油不放，根本是利益和现实的双重驱动。从身份来看，美国已是全球最大的单一石油输出国，而传统能源集团正是特朗普背后最核心 的金主。对他来说，稳住这些利益集团，不仅能拿到竞选资金，更能巩固票仓。 再看对手，委内瑞拉坐拥全球最大石油储备，中东是传统石油核心区，俄罗斯则垄断了不少新兴市场的石油供应，这些国家都是美国石油集团的潜在竞争 者。 更关键的是，现在全球石油需求已趋于饱和，不挤占对手的市场份额，美国能源资本就赚不到钱。 中国在能源赛道上的布局，早已跳出了传统能源的框架，直接瞄准了 ...

Group 1 - The article discusses the potential of the Chinese yuan, referred to as "electricity yuan," to challenge the dominance of the US dollar by leveraging the global demand for electricity [5][35][36] - China is establishing energy cooperation models in Belt and Road countries, where electricity agreements are settled in yuan instead of dollars, exemplified by a 500 MW wind power agreement with Uzbekistan [3][10] - The increasing global reliance on electricity, driven by the rise of electric vehicles and AI, positions electricity as a new anchor for currency, potentially providing a sustainable backing for the yuan [6][18][19] Group 2 - The article highlights the advantages of using yuan for electricity transactions, such as reduced costs and lower volatility compared to the dollar, benefiting countries that previously relied on dollar-denominated contracts [12][13] - China's competitive edge in renewable energy projects, including lower costs and a comprehensive service package, makes it an attractive partner for developing countries [21][23] - The article suggests that the "electricity yuan" strategy could grow in a fragmented global landscape, where countries seek alternatives to the dollar-dominated financial system [17][18] Group 3 - The US has begun to respond to China's initiatives with protective measures, such as tariffs on Chinese energy products and promoting domestic manufacturing through legislation [19][21] - Despite US efforts, China's comprehensive approach to energy projects and its ability to operate in challenging environments give it a significant advantage in the global energy market [24][26] - The potential shift towards "electricity yuan" could disrupt the existing financial order, allowing countries to bypass the dollar and establish a new currency framework based on electricity [35][36][38]

Core Viewpoint - The article discusses the potential of the "Electricity Renminbi" strategy, which aims to establish the Renminbi as a new global currency anchor through electricity trade, particularly in developing countries that are currently dependent on the US dollar for energy transactions [5][7][17]. Group 1: Electricity Generation and Export - China has initiated the world's largest hydropower project, the Yarlung Tsangpo River cascade power station, which is expected to generate over 300 billion kilowatt-hours annually, surpassing the Three Gorges Dam [6]. - In 2024, China's new electricity export capacity is projected to reach 24 GW, with 52% coming from renewable sources, marking a historical record [6]. - China is establishing a new energy cooperation model in Belt and Road countries, using Renminbi for pricing and settlement, as seen in a 500 MW wind power agreement with Uzbekistan [6][12]. Group 2: Historical Context and Currency Anchoring - The concept of anchoring the Renminbi to electricity is compared to historical instances where currencies were backed by essential commodities like salt during the early years of the People's Republic of China [7]. - The article suggests that if China can create a stable electricity pricing system tied to the Renminbi, it could provide a cash flow-backed anchor for the currency, making it more reliable than gold or oil [7][12]. Group 3: Global Demand for Electricity - The International Energy Agency (IEA) reports that global electric vehicle sales are expected to exceed 17 million units in 2024, a 25% increase year-on-year, indicating a growing demand for electricity [8]. - AI technologies, such as GPT-5, are also significant consumers of electricity, further driving the demand for stable and affordable energy sources [9][10]. Group 4: Advantages of the "Electricity Renminbi" Strategy - The "Electricity Renminbi" strategy is appealing to countries that wish to avoid the complexities and costs associated with dollar transactions, as it simplifies the payment process and reduces currency exchange risks [17][19]. - Countries like Laos and Kazakhstan are already adopting Renminbi for electricity transactions, which helps them avoid the volatility and high costs associated with the US dollar [15][19]. Group 5: Challenges and Competition - The article acknowledges that the US is already responding to China's initiatives with protective measures, such as tariffs on Chinese renewable energy products and incentives for domestic production [30][31]. - Despite these challenges, China's competitive advantages lie in its lower costs for renewable energy projects and its ability to deliver comprehensive energy solutions, including infrastructure and training [32][34]. Group 6: Future Implications - If the "Electricity Renminbi" becomes a viable alternative to the dollar, it could significantly alter the global financial landscape, reducing the dominance of the dollar and allowing countries to transact in a more stable currency [37][44]. - The shift towards using the Renminbi for energy transactions could empower Chinese manufacturers and workers, allowing them to benefit more directly from their labor without the constraints imposed by dollar fluctuations [46][48].

Group 1 - The core point of the article is the launch of the world's largest hydropower project, the Yarlung Tsangpo River cascade power station, which is expected to generate an annual output exceeding 300 billion kilowatt-hours, surpassing the Three Gorges Dam [1] - In 2024, China is set to add 24 GW of new power generation capacity overseas, with 52% coming from renewable energy sources, establishing a significant "power output belt" across Asia, Africa, and Latin America [1] - China is promoting a new energy cooperation model in Belt and Road countries, utilizing RMB for pricing and settlement, as exemplified by a 500 MW wind power agreement with Uzbekistan that operates entirely in RMB [3] Group 2 - The concept of "electricity RMB" is proposed as a potential new anchor currency, leveraging the global demand for electricity as a necessity, especially as countries seek alternatives to oil [5][6] - Historical comparisons are made to the use of salt as a backing for currency in early China, suggesting that a stable electricity pricing system could provide a similar backing for the RMB [6][8] - The International Energy Agency (IEA) projects that global electric vehicle sales will exceed 17 million units in 2024, indicating a growing demand for electricity that could support the "electricity RMB" concept [8] Group 3 - The "electricity RMB" strategy is gaining traction in countries that are looking to avoid the dominance of the US dollar, as seen in projects like the 200 MW rooftop solar installation in Laos, which allows for direct RMB transactions [10][13] - The strategy is particularly appealing to developing nations that face high costs and volatility associated with dollar transactions, as RMB transactions offer lower interest rates and reduced fees [16][17] - The article discusses the potential for the "electricity RMB" to grow in a fragmented and decentralized world, where countries seek alternatives to the centralized dollar system [22][23] Group 4 - The article highlights the competitive landscape, noting that the US has begun to respond to China's initiatives with policies like the Inflation Reduction Act, which aims to protect its own energy market [24][26] - China's advantages in the energy sector include a complete supply chain and lower costs for renewable energy projects, making it an attractive partner for developing countries [27][30] - The ability of Chinese companies to operate in challenging environments gives them a competitive edge over US firms, as demonstrated by successful projects in Angola and Myanmar [31][33] Group 5 - The potential shift from a dollar-dominated system to an "electricity RMB" framework could significantly alter global financial dynamics, reducing reliance on the dollar and allowing for more stable pricing in RMB [34][39] - The article posits that as renewable energy becomes cheaper than oil, the foundations of the dollar's dominance could be undermined, leading to a new era of currency dynamics [40][41] - Ultimately, the success of the "electricity RMB" could empower Chinese manufacturers and workers, allowing them to benefit more directly from their labor without the constraints of dollar fluctuations [42]