Core Insights - Gansu Energy reported a steady growth in its financial performance for the first three quarters of 2025, with operating revenue reaching 6.525 billion yuan, a year-on-year increase of 0.64%, and net profit attributable to shareholders amounting to 1.582 billion yuan, up 14.16% [1] - The company has shown significant improvement in its profitability, with a net profit excluding non-recurring gains and losses of 1.572 billion yuan, reflecting a substantial year-on-year growth of 157.90% [1] - Gansu Energy's total installed capacity has expanded to 9.5397 million kilowatts, primarily due to the commissioning of the Changle Power Company's 2×1000 MW coal-fired unit expansion project [1] Financial Performance - The weighted average return on equity increased to 11.03%, up 0.40 percentage points from the same period last year, indicating enhanced profitability [1] - The net cash flow from operating activities reached 4.214 billion yuan, a year-on-year increase of 44.73%, providing strong support for future project investments and debt structure optimization [1] - The company's total assets grew by 7.31% and equity increased by 7.54%, reflecting continuous improvement in asset quality [2] Project Development - Gansu Energy is actively advancing integrated wind and solar projects in regions such as Minqin and Tengger Desert, with a total planned installed capacity of over 9 million kilowatts, including 5.1 million kilowatts of approved projects and 1.00025 million kilowatts of projects under construction [2] - Recent project advancements include the commissioning of Changle Company's units 5 and 6, and the approval of significant projects like the 1 million kilowatt wind-solar integration project in Minqin [2] Strategic Positioning - With the ongoing implementation of the national "dual carbon" strategy and the Western Development policy, Gansu Energy is positioned to play a more significant role in energy supply security, leveraging its foundation in traditional coal power and proactive engagement in renewable energy [3] - The company aims to enhance its comprehensive competitiveness and sustainable development capabilities by focusing on high-quality development and strengthening operational management [3]

Core Viewpoint - China's ultra-high voltage (UHV) transmission projects are rapidly advancing, significantly enhancing the country's energy distribution capabilities and supporting the transition to cleaner energy sources [9][14][17]. Group 1: UHV Projects Overview - China has put into operation over 45 UHV projects, with an expected transmission capacity exceeding 340 million kilowatts by the end of this year, marking a 25% increase from the end of the 13th Five-Year Plan [9][14]. - The Ningxia-Hunan ±800 kV UHV DC transmission project is the first approved project primarily for transmitting renewable energy from large-scale wind and solar bases, capable of delivering over 36 billion kilowatt-hours annually to Hunan, with renewable energy accounting for over 50% [4][17]. - The Gansu-Zhejiang ±800 kV UHV DC project has entered the line construction phase, further expanding the UHV network [6]. Group 2: Energy Distribution and Demand - China's energy production and consumption are inversely distributed, necessitating the "West-East Power Transmission" strategy to efficiently transport energy from resource-rich western regions to consumption-heavy eastern areas [12][14]. - The UHV DC technology allows for long-distance transmission (2000 to 3000 kilometers) with low line losses, effectively connecting energy supply to high-demand regions [12][14]. Group 3: Technological Innovations - The UHV projects have led to significant technological advancements, including the establishment of standardized results for ±800 kV/800 MW UHV DC systems, with over 500 various standards and specifications developed [19][21]. - The Baihetan-Jiangsu ±800 kV UHV DC project is notable for being the first to utilize hybrid cascade transmission technology, integrating conventional and flexible DC transmission advantages [20][21]. - The introduction of domestically produced equipment, such as the tap changer and DC control systems, has broken foreign technology monopolies, enhancing China's electrical equipment manufacturing capabilities [21]. Group 4: Future Outlook - By 2024, the proportion of clean energy transmitted through UHV DC channels is expected to reach nearly 60%, with a total transmission of approximately 420 billion kilowatt-hours, reflecting a 70% increase from the end of the 13th Five-Year Plan [16][17]. - The construction of UHV projects is shifting from primarily coal-based power to prioritizing clean energy, significantly contributing to China's green energy transition [17].

Core Insights - The construction of ultra-high voltage direct current (UHVDC) transmission lines in China is accelerating, with a focus on delivering clean energy from western regions to eastern consumption areas [10][11][14] - The Ningxia-Hunan ±800 kV UHVDC project is the first approved transmission corridor primarily for renewable energy from the "desert, Gobi, and barren" wind and solar power bases, capable of delivering over 36 billion kWh annually to Hunan, with more than 50% from renewable sources [12][13] - By the end of 2023, China's UHVDC transmission capacity is expected to exceed 340 million kW, a 25% increase from the end of the 13th Five-Year Plan [7][11] Group 1: Project Developments - The Gansu-Zhejiang ±800 kV UHVDC project has entered the line construction phase, indicating ongoing infrastructure development [4] - The Baihetan-Jiangsu ±800 kV UHVDC project exemplifies the efficiency of UHVDC technology, reducing transmission time to just 7 milliseconds for electricity from Sichuan to Jiangsu [9] - The Lonyang-Shandong ±800 kV UHVDC project, which is the first integrated energy base project, has been completed and is expected to deliver 36 billion kWh annually, with over half from renewable sources [12][13] Group 2: Technological Advancements - The "14th Five-Year Plan" period has seen significant advancements in UHVDC technology, with the total length of UHVDC lines expected to grow from 28,000 km to over 40,000 km [11][15] - The introduction of standardized ±800 kV/800 MW UHVDC technology has led to the creation of over 500 various standards and specifications, enhancing the domestic power equipment manufacturing capabilities [15][17] - Breakthroughs in "bottleneck" technologies have been achieved, including the use of domestically produced equipment, which reduces reliance on foreign technology [17]

该工程率先示范应用国产分接开关、基于国产芯片的直流控制保护系统、快速断路器等大量国产化设备，实现我国电工装备自主可控 新的突破，解决了部分关键核心部件的技术"卡脖子"问题，推动了直流设备制造技术的跨越式发展。 ±800千伏庆阳换流站作为庆东直流的送端站，肩负着助力甘肃能源转型、带动甘鲁两地经济社会发展的重要使命。今年迎峰度夏期 间，为保障庆东直流安全稳定运行，国网甘肃超高压公司全面压实安全责任，建立联动机制，构建±800千伏庆阳换流站立体化、全天候的 设备监控体系，全面深化设备隐患排查治理，确保庆东直流长周期安全稳定运行。 据了解，陇东-山东±800千伏特高压直流输电工程配套电源1450万千瓦，其中新能源1050万千瓦，储能105万千瓦，通过将甘肃风、 光、火、储能等不同形式的能源打捆外送，有力支撑甘肃新能源大规模开发利用，助推山东、甘肃两省经济增长和区域协调发展，为华东 地区能源保供和绿色发展注入了强劲动能。 9月24日，从国网甘肃省电力公司获悉，陇东-山东±800千伏特高压直流输电工程自投运以来输送电量达到100.2439亿千瓦时，突破100 亿千瓦时大关。 陇东-山东±800千伏特高压直流输电工程是我国 ...

"陇电入鲁"输送电量突破1 00亿千瓦时。 来源：央视新闻客户端 End 欢迎分享给你的朋友！ 出品 | 中国能源报（c n e n e rg y） 编辑丨闫志强 9月24日，陇东—山东±800千伏特高压直流输电工程输送电量突破100亿千瓦时，达到 100.24亿千瓦时，有力支撑甘肃新能源大规模开发利用，助推山东、甘肃两省经济增长 和区域协调发展，为华东地区能源保供和绿色发展注入了强劲动能。 "陇电入鲁"是我国首个"风光火储一体化"大型综合能源基地外送项目，起于甘肃庆阳换 流站，止于山东东平换流站，途经甘肃、陕西、山西、河北、山东五省，线路全长915公 里。 ...

文 | 人民日报客户端 近日，华能陇东能源基地新能源项目配套F1储能项目已全面建成，具备受电条件。 陇东特高压工程配套新能源华能庆阳风光综合新能源示范项目配套储能项目，分两个区块建设储能电 站，F1区块位于环县虎洞镇贾驿村， 概算投资10亿元，容量30万千瓦/120万千瓦时 ， 项目投运后 预计年消纳新能源电量4.2亿千瓦时，一次充电可储存约120万千瓦时电量，最大可满足24万户居民一 天的用电需求。 据了解，该项目储能设备采用 华能自主研发的单级分散式储能技术 ，该技术对电池的兼容性更强， 能够提升电池的安全性能，相较于传统的集中式储能技术， 分散式储能技术能够从根源上解决簇间环 流与能量衰减问题 ，更好地提升电网稳定性，进一步保障国家能源安全。 据华能陇东能源公司生产管理部副主任郝伟伟介绍，F1项目主要分为四部分，包括储能、调相机和升 压站及风光项目，目前储能项目已全部安装调试完成，等待下一步并网调试，升压站及风光项目目前 已经带电运行，两台调相机已经安装就位，进入收尾阶段。 1GW/4GWh！新疆超大容量独立储能电站投运 全球最大"超级电容+锂电池"混合储能电站并网！ 据了解，"陇电入鲁"工程是国家"十 ...

Group 1: Company Performance and Impact - The overall electricity consumption in Shanxi Province increased by 7.09% year-on-year from January to August 2025, which did not negatively impact the company's electricity consumption [2] - The company's electricity generation decreased by 13.02% year-on-year in the first half of 2025, while heating supply increased by 6.95% due to upgrades at specific power plants [2][3] - The main factors affecting the company's performance are electricity volume, electricity prices, and coal prices, prompting the company to optimize operational strategies and strengthen cost control [4][5] Group 2: Future Strategies and Developments - The company plans to enhance electricity generation and utilization hours by improving unit operation and maintenance management [3] - There are considerations for developing energy storage and virtual power plant businesses to adapt to new power system requirements [3] - The company is actively involved in the construction of energy storage projects and optimizing its energy structure [3][4] Group 3: Shareholder and Market Management - The company emphasizes the protection of minority shareholders' rights and adheres to regulations regarding major shareholder share reductions [4][5] - The company is focused on improving operational efficiency and profitability to align market value with intrinsic value [5] - The company is enhancing investor relations management and improving information disclosure quality to support high-quality development and market value management [5][6] Group 4: Technological Innovations and Projects - The company is increasing R&D investment in 2025, focusing on technology innovation and optimization for coal-fired power generation [5][6] - The "flexibility transformation" of all coal-fired units has been completed, allowing for better performance in the volatile electricity market [6] - The company has ongoing projects, such as the "Same Heat Phase III 2×1000MW project," which is expected to be operational by the end of next year [6] Group 5: Market Position and Expansion - The company currently generates 97.42% of its revenue from the North China region and is considering expansion based on market demand [6] - The group company maintains a positive outlook on the company's development and aims to ensure a stable transition in the energy revolution [6][7]

Core Insights - The National Energy Investment Group's Guizhou Jinyuan Zhijin project has successfully transitioned to commercial operation after completing a 168-hour full-load trial run, featuring a 660 MW ultra-supercritical "W" flame boiler [1] - This project represents a significant advancement in clean energy, utilizing a deep coal-electricity integration approach to create a high-efficiency clean energy project in Guizhou Province [1] Project Details - The project has overcome technical challenges related to the efficient and clean combustion of anthracite coal, achieving a 53% reduction in CO2 emissions compared to traditional fuel oil ignition methods, and over 90% reduction in nitrogen oxides and sulfur compounds [1] - Upon full operation, the project is expected to generate approximately 6 billion kWh of electricity annually and reduce CO2 emissions by 300,000 tons, equivalent to planting over 2 million trees [1] Economic and Environmental Impact - The project will create over 1,000 jobs and is expected to play a crucial role in optimizing the regional energy structure and promoting high-quality economic development [1] - As a key component of the first million-kilowatt comprehensive energy base in Southwest China, this project will enhance the stability of Guizhou's power supply and increase the proportion of clean energy, supporting the achievement of carbon neutrality goals [1]

Core Insights - The successful operation of the world's first 660 MW ultra-supercritical double-arch coal-fired unit marks a significant breakthrough in China's clean coal technology sector [1][3] Group 1: Project Overview - The project is a "wind-solar-fire-storage integrated" clean energy initiative that combines "coal power + renewable energy" for complementary advantages [3] - The unit addresses the technical challenges of efficient and clean combustion of anthracite coal, utilizing coalbed methane for ignition and combustion support, resulting in a 53% reduction in CO2 emissions compared to traditional fuel oil ignition [3] Group 2: Environmental Impact - Emissions of nitrogen oxides and sulfur compounds have decreased by over 90%, contributing to significant pollution reduction [3] - The project is expected to save over 72 million yuan in coal costs annually and reduce CO2 emissions by over 300,000 tons each year, equivalent to planting 2 million trees [3] Group 3: Economic Contribution - Once fully operational, the project will generate approximately 6 billion kWh of electricity annually, with an estimated output value of around 2 billion yuan [3]

Group 1: Pipeline Construction Achievements - The first mountain tunnel of the Guozi Valley pipeline, part of the West-East Gas Transmission project, has been completed, marking a breakthrough in the construction capabilities of long-distance pipelines under complex geological conditions [1][5][12] - The Guozi Valley pipeline project includes four long-distance mountain tunnels, which are the longest, largest cross-section, highest elevation, and greatest height difference tunnels in China's oil and gas pipeline sector [5][10][12] Group 2: Project Specifications and Impact - The total length of the four tunnels is 23.16 kilometers, with a height difference of 668 meters, equivalent to the height of 1.5 "Little Waist" towers [10] - The project is expected to be fully operational by September 2027, and the existing West-East Gas Transmission pipelines have already transported over 557 billion cubic meters of natural gas, benefiting 500 million people along the route [7][8] Group 3: Environmental and Operational Benefits - The use of the largest diameter and longest construction distance dual-shield full-face hard rock tunnel boring machine ensures an average safe excavation of 450 meters per month [12] - The project will operate in conjunction with existing pipelines, providing a backup and enhancing the safety of the West's oil and gas energy corridor, while also reducing carbon emissions by 53% under the same material consumption conditions [12]