贵阳供电局党委书记蔡明介绍，贵阳市绿电绿证服务中心将实现政策一窗通，精准解读绿电绿证交易规 则、补贴政策与市场动态；需求一站达，简化流程，高效匹配资源，便捷获取绿色电力与证书；方案一 户优，针对不同企业特点，提供定制化的绿电消费核算、产品碳足迹管理及绿色价值提升方案；数据一 链享，推动能源、产业、环境等多维数据融合，为绿色招商、产业布局提供智慧支撑。 贵阳市绿电绿证服务中心由贵州省贵阳市政府授权，南方电网贵阳供电局作为主体组建。26日，贵阳供 电局同步成立绿能服务队与绿电管家团队，以贵阳市绿电绿证服务中心为平台，通过"前端服务+后端 支撑"的协同模式，协助用户完成在贵州电力交易中心或国家绿证交易平台的注册、申报、交易及核证 全流程操作。 中新网贵阳12月26日电(记者刘美伶)贵州省首个绿电绿证服务中心26日在贵阳市挂牌成立，该中心将加 快搭建专业化服务平台，健全贵阳市绿电绿证交易体系，破解绿色电力供需信息壁垒，促进可再生能源 高效配置，推动绿色能源消费常态化。 近年来，贵阳市绿电交易电量持续增长。2024年，交易电量为14.95亿千瓦时，2025年截至12月23日， 交易电量已达56.89亿千瓦时，绿电交易电 ...

Core Insights - The current structure of green energy consumption in China has inherent contradictions that need to be addressed through the development of energy storage and enhancement of grid safety and flexibility [1] - The focus should be on developing distributed energy, with immediate attention to distribution network upgrades and promoting integrated solar-storage projects [1] - The long-term goal includes building a virtual power plant intelligent system supported by aggregated distributed energy to ensure sustainable development [1] Industry Developments - The promotion of zero-carbon parks, direct green electricity connections, and integrated source-grid-load-storage projects is essential for improving local consumption of renewable energy [1] - Policies should be enhanced to facilitate the direct conversion of green electricity to end products, encouraging a shift towards greener energy consumption in production and daily life [1] Technological Advancements - AI is driving significant changes in the energy sector, with multi-functional AI agents and energy models improving system operation accuracy and reducing energy consumption costs [1] - Under AI empowerment, the accuracy of dispatchable potential assessments in integrated energy systems has improved by over 10% [1] - Revenue from electricity spot market trading has increased by over 12%, while overall operating costs of distributed energy systems have decreased by approximately 3% [1]

Core Viewpoint - The article highlights the record-breaking electricity demand in China due to high temperatures and the measures taken to ensure stable electricity supply during peak summer months [1][3][4]. Group 1: Electricity Demand and Supply - National maximum electricity load has reached historical highs, exceeding 1.5 billion kilowatts on multiple occasions in July, with a peak of 1.508 billion kilowatts, an increase of 0.57 million kilowatts compared to last year [1][3]. - The increase in electricity demand is driven by higher temperatures, leading to greater use of cooling appliances in households and increased industrial activity, with GDP growth of 5.3% in the first half of the year contributing to this demand [2][3]. - The electricity supply system has been operating smoothly, with over 20 million kilowatts of new generating capacity added in the first half of the year, including 3 million kilowatts of hydropower, gas, and coal power [3][4]. Group 2: Green Certificate Market - The green certificate market has shown significant growth, with 1.371 billion green certificates issued in the first half of the year, a year-on-year increase of 149%, and 958 million of these are tradable [5][6]. - The trading volume of green certificates has doubled, reaching 348 million certificates, with a notable increase in prices, indicating a growing demand for renewable energy [5][6]. - The government is actively promoting the issuance of green certificates for distributed renewable energy projects, with a focus on improving the coverage and efficiency of the certification process [6][7].

Investment Rating - The industry investment rating is "Positive" [2] Core Viewpoints - As of April 18, 2025, the cumulative transaction volume of China's carbon market has exceeded 40 billion yuan, indicating a strong push towards green development [3][16] - The carbon market is transitioning from free allocation of quotas to a combination of free and paid allocation, which is expected to enhance market effectiveness and promote a virtuous cycle of investment, emission reduction, and returns [3][20][24] - The inclusion of the steel, cement, and aluminum smelting industries in the carbon market is expected to significantly increase the market's coverage and effectiveness, with the total carbon emissions covered rising from approximately 40% to 60% of the national total [3][25] Summary by Sections Market Performance - The environmental sector index rose by 0.04% as of April 18, 2025, underperforming the broader market, which increased by 1.19% [9] - Sub-sectors such as water governance and air governance showed positive growth, while solid waste management and environmental equipment experienced declines [11] Industry Dynamics - The Ministry of Industry and Information Technology announced the organization of energy efficiency inspections for 2025, focusing on key industries and energy-consuming equipment [26] - The National Energy Administration reported that 200 million green certificates were traded from January to March 2025, with a significant portion occurring in March [28] Investment Recommendations - The "14th Five-Year Plan" emphasizes environmental quality and industrial green development, suggesting sustained high demand for energy-saving and recycling industries [34] - Recommended stocks include: Hanlan Environment, Xingrong Environment, and Hongcheng Environment; stocks to watch include: Wangneng Environment, Junxin Co., Wuhan Holdings, and others [34]