不过，零碳园区在推进过程中也面临技术、资金等方面挑战。郑忠海提到，零碳发展面对的核心难题在于如何破解"不可能三角"——既 要确保能源供给的自主可控，又要实现低碳环保目标，同时保证企业经济效益。"零碳园区所需资金投入较多，投资回收周期较长，需 要给予一定的金融政策支持。" 9月27日，由山西省能源局主办，中国能源经济研究院、中国能源研究会外事工作委员会支持的" 2025全球新能源500强论坛闭门研讨 会"在太原召开。会议以"灵活性资源促进新能源消纳地方实践——绿电园区为代表的绿色电力机制创新"为主题，与会人士围绕绿电园 区和绿电机制创新展开研讨交流，凝聚共识、分享经验。 中国电力企业联合会监事长潘跃龙表示，目前，以新型储能虚拟电厂、绿色园区、负荷聚合商等灵活性资源为代表的新型主体，在促进 新能源消纳方面具有关键的作用，可以通过调节电力供需平衡起到削峰填谷的作用，提高电力系统稳定性和可靠性，有效缓解新能源发 电随机性、间歇性和波动性问题，为促进新能源消纳提供更多解决方案。展望未来，电力行业要全面落实"双碳"目标，需持续推进绿电 园区、零碳园区等建设，保障能源电力绿色低碳转型。 中电联电力市场分会副秘书长孙健发表了 ...

编者按 山西是国家资源型经济转型综合配套改革试验区。习近平总书记今年7月在山西考察时强调，努力在推动资源型经济转型发展上迈出 新步伐，奋力谱写三晋大地推进中国式现代化新篇章。 从传统能源基地到绿色发展先锋，山西资源型地区低碳转型"以绿制绿"的新实践不断涌现。一批批绿电园区在三晋大地拔地而起， 以"一园一策"的创新模式，实现绿电直连、就地消纳、产业升级三重共振。本期1—3版，将深度聚焦山西以绿电园区建设为实践的绿 色发展新路径、新成果。 ▲ 图为山西省平陆县，荒山披"铠甲"，绿电送万家。郝健/摄 巍巍太行，滔滔汾水，这片曾经以"黑金"煤炭闻名的土地，正在书写绿色能源发展的新篇章。 2024年，山西绿电交易量75.4亿千瓦时，连续两年居全国第一；新能源外送电量164.4亿千瓦时，创历史峰值，绿色电力正沿着特高压 通道点亮京津苏等2 3个省市的灯火。 今年，国家发改委等部门发布的《关于促进可再生能源绿色电力证书市场高质量发展的意见》提出，在有条件的地区分类分档打造一批 高比例消费绿色电力的绿电工厂、绿电园区等，鼓励其实现10 0%绿色电力消费。国家能源局发布的《20 25年能源工作指导意见》也明 确提出"研究建立能 ...

Group 1 - The construction of green power parks is transitioning from a conceptual idea to a practical reality, driven by government policies aimed at promoting renewable energy consumption and increasing the proportion of green electricity [1] - Green power parks emphasize the use of clean energy sources such as solar, wind, and hydropower, aligning with the "dual carbon" goals to accelerate the establishment of a new energy system and promote green low-carbon development [1] - The development of green power parks presents both opportunities and challenges, facilitating industrial upgrades, energy transitions, and cost control [1] Group 2 - The establishment of green power parks is still a novel concept, requiring tailored approaches that consider local energy and industrial structures to ensure effective supply and demand matching [2] - Successful green power parks depend on strong renewable energy supply capabilities and alignment with key energy-consuming industries, addressing issues like energy wastage and shortages [2] - Some regions are strategically placing renewable energy projects in areas like mining subsidence zones and deserts to lower electricity costs and enhance market competitiveness [2] Group 3 - Accelerating the construction of green power parks necessitates collaboration between government initiatives and market mechanisms, requiring investment and engagement from various stakeholders [3] - Government policies should guide expectations and promote high-quality renewable energy development, while also encouraging social capital investment in market-oriented management of the parks [3] - To address the variability in renewable energy generation, integrated energy solutions and extensive energy storage facilities are essential for enhancing the supply capabilities of green power parks [3]

Core Viewpoint - The development of green electricity parks is transitioning from a conceptual phase to practical implementation, driven by government policies aimed at promoting renewable energy consumption and establishing a new energy system [1][2]. Group 1: Policy and Development - The National Development and Reform Commission and the National Energy Administration have issued guidelines to promote the high-quality development of the renewable energy green power certificate market, advocating for a gradual increase in the proportion of green electricity consumption [1]. - The construction of green electricity parks emphasizes the use of clean energy sources such as solar, wind, and hydropower, aligning with the "dual carbon" goals to facilitate energy transition and industrial upgrades [1][2]. Group 2: Economic and Ecological Considerations - Green electricity parks should be developed based on local conditions, ensuring a strong supply of renewable energy while matching the energy needs of key industries like steel, non-ferrous metals, and data centers, thus addressing both energy surplus and shortage issues [2]. - The aim is to convert renewable energy advantages into economic benefits by optimizing land and capital costs, controlling scale, and enhancing ecological restoration, which can improve market competitiveness and attract investment [2]. Group 3: Collaborative Efforts - Accelerating the construction of green electricity parks requires significant investment and the mobilization of various stakeholders, with government support being crucial for guiding policy and promoting renewable energy development [3]. - The integration of multiple energy sources and the establishment of storage facilities are essential to address the volatility of renewable energy generation, enhancing the supply capabilities of green electricity parks [3].

Report Summary 1. Report Industry Investment Rating No investment rating information is provided in the report. 2. Core Viewpoints - The weak market trends of coke and coking coal futures continue, and there may still be new lows in the next two weeks. However, positive factors in the fundamentals and news are gradually accumulating. Attention should be paid to whether a bottom - rebounding turning point can occur in about the next two weeks due to changes in tariff policies and the restoration of confidence in the steel market [11][12]. 3. Summary by Sections 3.1 Market Review and Future Outlook - **Market Performance on May 27**: The main contract 2509 of coke futures narrowed its decline after reaching a low, and the main contract 2509 of coking coal futures first declined and then rose, hitting new lows for September contracts since January 2017 and September 2016 respectively [7]. - **Spot Market and Technical Analysis**: The daily KDJ indicators of the coke 2509 contract continued to diverge, with the J - value rising, the K - value turning up, and the D - value falling, showing a potential golden cross. For the coking coal 2509 contract, the J - and K - values continued to rise, and the D - value continued to fall, approaching a golden cross. The daily MACD green bar of the coke 2509 contract continued to slightly expand, while that of the coking coal 2509 contract began to narrow. On the same day, the ex - warehouse price index of quasi - first - grade metallurgical coke remained unchanged in major ports, and the aggregated price of low - sulfur main coking coal in some areas decreased [10]. - **Future Outlook for Coke**: In the past five weeks, the coke output of independent coking plants has hovered near the highest level since early August last year, while the coke output of steel mills has slightly declined since late April. Port coke inventories have significantly decreased, but the inventory reduction speed of steel mills and coking plants is slow, adding downward pressure on coke prices. After two weeks of profit, the profit per ton of coke turned into a loss [11]. - **Future Outlook for Coking Coal**: From January to April, the year - on - year growth of coking coal imports turned negative, but the absolute import volume remained high, and the overall loose supply pattern was difficult to reverse. The raw coal inventory of coal washing plants increased significantly, and the clean coal inventory rose again to a relatively high level. In the past five weeks, the inventory of independent coking plants decreased significantly, and port inventories returned to normal levels before early August last year, but steel mill inventories increased steadily. If coking plants also adopt inventory reduction strategies, coking coal prices are likely to fall [11]. - **News Impact**: The National Development and Reform Commission will continue to promote urban renewal and issue the central budget investment plan for urban renewal in 2025 by the end of June. The rising US Treasury bond auction interest rate led to a triple - kill in the US stock, bond, and foreign exchange markets, reducing the risk appetite in the international financial market [11]. 3.2 Industry News - **Industrial Profits**: From January to April 2025, the total profit of industrial enterprises above the designated size in China was 2.11702 trillion yuan, a year - on - year increase of 1.4%. The mining industry's profit was 287.5 billion yuan, a year - on - year decrease of 26.8%; the manufacturing industry's profit was 1.55493 trillion yuan, an increase of 8.6%; and the power, heat, gas, and water production and supply industry's profit was 274.58 billion yuan, an increase of 4.4% [13]. - **Environmental Protection Inspection**: On May 26, the fourth batch of the third - round central environmental protection inspections was launched, covering five provinces (regions) and three central enterprises [13]. - **Ningxia's Industrial Data**: From January to April, Ningxia's industrial coal production decreased by 3.0% year - on - year, while sales increased by 3.8%. Industrial power generation increased by 5.6%, with renewable energy power generation growing by 21.3% [14]. - **Ningxia's Energy Plan**: Ningxia plans to increase fossil energy supply, develop new energy, and promote energy storage construction. It also aims to achieve energy - saving and carbon - reduction goals in key industries by the end of 2025 [14]. - **Corporate Strategies**: Shanxi Coking Coal will implement a "three - matching" production strategy, and Chongqing Iron and Steel terminated the absorption and merger of Xingang Changlong [14][15]. - **Automobile Sales**: In April 2025, global automobile sales reached 7.56 million units, a year - on - year increase of 5%. From January to April, sales were 30.26 million units, a year - on - year increase of 5%. China accounted for 33% of global sales from January to April [15]. - **Coal Market Research**: From January to April 2025, the coal market showed a marginal slowdown in supply growth and stronger non - power demand than power demand. It is expected that the coal price may recover in the summer [15]. - **International News**: South Africa plans to import liquefied natural gas from the US, and the European Central Bank President called for reforms to reduce Europe's impact from international order changes [15]. 3.3 Data Overview The report provides multiple charts showing data on the spot price index of metallurgical coke, the aggregated price of main coking coal, production and utilization rates of coking plants and steel mills, iron water production, inventory levels of coke and coking coal, and basis differences [16][17][19][30][34][35].

据悉，宁夏以现代煤化工、硅基、铝锰、大数据算力等特色优势产业为重点，统筹谋划覆盖全区的绿电 园区。研究编制了四大特色产业绿电园区建设规划，明确到2027年，现代煤化工、硅基、铝锰基、大数 据算力产业绿电占比大幅提升。2024年674万千瓦、2025年702万千瓦绿电园区项目，纳入年度新能源开 发建设方案。截至目前，已核准、备案949万千瓦，开工建设756万千瓦，已建成投运50万千瓦。对标时 间节点，加快推进项目建设，确保产业增绿降碳。 "宁夏将积极对标国家先进水平，加大节能技改投入。宁东煤化工企业引入先进煤气化技术和余热回收 系统，开展能源梯级利用，大幅降低产品能耗和二氧化碳排放，企业能源利用效率提高10%到20%，煤 炭消费强度显著降低。"宁夏回族自治区发改委副主任蒋哲文说。 下一步，宁夏将推动已核准的韦三、银星一井扩建等煤矿项目尽快开工，加快在建煤矿进度，确保新投 产矿井2025年达产稳产，力争煤炭产量突破1.05亿吨。加速西气东输三线中段宁夏段建设，构建"多气 源互补、多管道联网"的供气网络，提升天然气应急调峰能力。加大项目调度力度，做好项目用地、电 网接入等保障，确保纳入年度开发方案项目开工率100% ...

Core Viewpoint - Ningxia is advancing the construction of green electricity parks, leveraging the entire new energy industry chain to build a clean, low-carbon, safe, and efficient new energy system, becoming the first province in China to promote this initiative at the provincial level [1][2] Group 1: New Energy Development - Ningxia has a complete coal, electricity, chemical, and new energy industry chain, making it a significant base for modern coal chemical innovation and a key hub for "West-to-East Power Transmission" and "West-to-East Gas Transmission" [1] - The installed capacity of new energy in Ningxia has reached 44.56 million kilowatts, accounting for 57% of the total installed power capacity in the region [1] Group 2: Coal and Gas Production - The government plans to increase coal production capacity, aiming for a coal output of over 105 million tons by 2025, with ongoing projects like the expansion of Weisan and Yinxing coal mines [1] - Natural gas production is also set to increase, with an additional capacity of 300 million cubic meters planned by 2025, targeting a total output of 800 million cubic meters [1] Group 3: Energy Storage Initiatives - By 2025, Ningxia aims to add 3 million kilowatts of new energy storage, exploring the construction of large-scale storage stations in energy-rich areas [2] - The region is optimizing the layout of storage stations and enhancing the participation of independent storage in the market, with a goal to increase the comprehensive utilization hours of storage to over 1,100 hours [2] Group 4: Energy Efficiency and Carbon Reduction - Ningxia is committed to energy-saving and carbon reduction in high-energy-consuming industries, targeting a benchmark efficiency level of 30% for steel, electrolytic aluminum, synthetic ammonia, and refining industries by the end of 2025 [2] - The region is also focused on building zero-carbon and low-carbon parks, implementing special actions for energy-saving and carbon reduction in key industries [2]