国家能源局最新数据显示，2025年我国可再生能源绿色电力证书交易活跃，交易量较2024年翻倍，不同 核发年份的绿证交易价格呈现分化趋势。随着绿色电力消费机制不断完善，绿证交易一方面为新能源企 业带来收益，另一方面推动高能耗企业加快绿色转型。专家表示，2026年绿证交易市场需求有望保持旺 盛，企业应避免陷入依赖绿证来抵消碳排放的误区。 ● 本报记者 郑萃颖 国泰君安期货高级分析师唐惠珽预计，2026年，绿证市场将迎来供需双增，存在阶段性供需错配机会。 需求方面，绿色电力消费比例目标覆盖行业将扩围，绿证需求将增长；供应方面，可再生能源发电将继 续保持高速增长，其对应的绿证核发数量也将增加；一、四季度为需求方集中采购时段，价格将走强。 张军涛表示，对于高耗能企业，绿证价格上涨将带来绿证采购成本上升，短期虽带来压力，长期则会倒 逼企业绿色转型，促进绿色投资。企业应避免陷入依赖绿证来抵消碳排放的误区。"绿证不是万能解 药，不是购买了就可实现碳中和。企业应把自身能源结构优化和能效提升放在第一位，在应减则减的基 础上购买绿证。"他说。 张军涛认为，绿证市场持续活跃、交易进一步规范，将为我国可再生能源发展提供稳定的市场需求与 ...

Group 1 - The core viewpoint of the article emphasizes the strengthening of bilateral relations between Uruguay and China, with President Orsi expressing optimism about the upcoming state visit to China and the ongoing development of a comprehensive strategic partnership [1][2] - Uruguay has established itself as a major supplier of high-quality food products, including beef and grains, to China, highlighting the complementary economic structures of both countries [2] - The collaboration in renewable energy is significant, with Uruguay generating over 97% of its electricity from renewable sources, and there is potential for further cooperation in solar energy technology, where China holds a leading position [2] Group 2 - Uruguay's leadership roles in multiple regional organizations, including the "Group of 77 and China," the Community of Latin American and Caribbean States (CELAC), and the Southern Common Market (MERCOSUR), reflect its commitment to multilateralism and regional integration [3] - The emphasis on sports cooperation, particularly the training programs for Uruguayan athletes in China, has fostered mutual understanding and improved athletic performance [2] - President Orsi's acknowledgment of China's global governance initiatives indicates a shared interest in addressing global governance challenges and rethinking frameworks for international cooperation [2]

（来源： 总台中国之声） 国家能源局 国家能源局微信公众号是国家能源局新闻宣传、信息公开、服务群众的重要平台。 国家能源局1月30日发布，2025年我国绿色低碳转型步伐加快，可再生能源发电量达到约4万亿千 瓦时。 数据显示，2025年，我国原煤生产保持稳定，规上工业原煤产量同比增长1.2%。油、气产量双创 历史新高，规上工业原油产量同比增长1.5%，规上工业天然气产量同比增长6.2%。 国家能源局发展规划司副司长邢翼腾： 全年风电光伏新增装机超过4.3亿千瓦、累计装机规模突破 18亿千瓦，可再生能源发电装机占比超过六成。可再生能源发电量达到约4万亿千瓦时，超过欧盟 27国用电量之和（约3.8万亿千瓦时）。 今年度冬期间北方地区冷空气活跃度加剧，出现多轮阶段性强寒潮天气。 国家能源局电力司副司长 刘明阳强调， 目前，全国燃料储备充足、电力供应平稳。 刘明阳： 目前，全国统调电厂燃料供应基础坚实可靠，东北等重点保暖地区电厂存煤超25天；国 内成品油市场供应充足，库存稳定，国产气和进口管道气相对高位平 稳运行，地下储气库和沿海 LNG接收站调节能力充足，可保障迎峰度冬天然气供应。 （韩萌） 了解更多能源动态,请长按 ...

Core Insights - The AI + Energy Development Conference highlighted the critical role of AI in addressing challenges in both traditional and renewable energy sectors, emphasizing energy security as a primary concern in the current international landscape [1][3]. Traditional Energy - Coal remains a dominant energy source in China, accounting for 53.2% of primary energy consumption and 67% of primary energy production in 2024, with a coal output of 4.76 billion tons [4]. - The disparity between production and consumption percentages is attributed to the need for significant imports of crude oil (approximately 550 million tons) and natural gas (1.3 billion cubic meters), which inflate the consumption statistics [4]. - The coal industry faces challenges such as safety incidents, health risks, and low recovery rates, but AI technology can provide solutions by enabling "transparent geology" for better mining operations and reducing the need for underground workers [4]. Renewable Energy - Renewable energy, particularly wind and solar, is crucial for energy growth, with installed capacity expected to reach 1.6 billion kilowatts in 2024 and 3.6 billion kilowatts by 2035 [5]. - The conversion of installed capacity to actual electricity generation is essential, as merely increasing capacity without effective conversion leads to waste [5]. - AI is identified as a key enabler for optimizing various energy storage technologies and enhancing the flexibility of thermal power, which is vital for maximizing the utilization of renewable energy [5]. Energy Efficiency - Current energy efficiency in China is significantly lower than in the U.S., with 3.4 tons of standard coal required to generate $10,000 GDP compared to 1.7 tons in the U.S., indicating substantial room for improvement [6]. - Achieving U.S. levels of energy efficiency could allow China to meet future energy demands driven by GDP growth, highlighting the importance of energy efficiency in addressing future energy challenges [6].

今年度冬期间北方地区冷空气活跃度加剧，出现多轮阶段性强寒潮天气。国家能源局电力司副司长 刘明阳强调，目前，全国燃料储备充足、电力供应平稳。 央广网北京1月31日消息（记者韩萌）据中央广播电视总台中国之声《新闻和报纸摘要》报道，国 家能源局30日发布，2025年我国绿色低碳转型步伐加快，可再生能源发电量达到约4万亿千瓦时。 刘明阳：目前，全国统调电厂燃料供应基础坚实可靠，东北等重点保暖地区电厂存煤超25天；国内 成品油市场供应充足，库存稳定，国产气和进口管道气相对高位平稳运行，地下储气库和沿海LNG接 收站调节能力充足，可保障迎峰度冬天然气供应。 数据显示，2025年，我国原煤生产保持稳定，规上工业原煤产量同比增长1.2%。油、气产量双创 历史新高，规上工业原油产量同比增长1.5%，规上工业天然气产量同比增长6.2%。 国家能源局发展规划司副司长邢翼腾：全年风电光伏新增装机超过4.3亿千瓦、累计装机规模突破 18亿千瓦，可再生能源发电装机占比超过六成。可再生能源发电量达到约4万亿千瓦时，超过欧盟27国 用电量之和（约3.8万亿千瓦时）。 ...

Core Viewpoint - The National Energy Administration reported that the total investment in key energy projects exceeded 3.5 trillion yuan for the first time, with a year-on-year growth of nearly 11%, indicating a robust increase in energy investment and a shift towards green energy transition [2][3]. Investment Growth - The investment in key energy projects showed a year-on-year increase of nearly 11%, outpacing the growth rates of infrastructure and manufacturing by 12.9 and 10.1 percentage points respectively [2]. - Five provinces, including Inner Mongolia, Xinjiang, Shandong, Guangdong, and Jiangsu, each completed investments exceeding 200 billion yuan [2]. Renewable Energy Transition - By 2025, renewable energy generation capacity is expected to exceed 60%, with an estimated generation of approximately 4 trillion kilowatt-hours, surpassing the total electricity consumption of the 27 EU countries [2]. - Investment in onshore wind power projects increased by nearly 50% year-on-year, while investments in new energy storage and hydrogen industries doubled compared to the previous year [2]. Hydrogen Energy Development - By the end of 2025, the cumulative production capacity of renewable hydrogen projects in China is expected to exceed 250,000 tons per year, marking a doubling in capacity from the previous year [2]. - Key hydrogen production, storage, and application projects in regions such as Xinjiang and Inner Mongolia have been successfully launched, indicating progress in the hydrogen energy supply chain [2]. Private Sector Investment - Private sector investment in energy projects grew at a rate of 12.9%, exceeding the national average growth rate for key energy projects by approximately 2 percentage points [3]. - Investments from private enterprises are primarily focused on solar power, wind power, and coal mining, with significant growth in onshore wind and distributed photovoltaic sectors [3]. Policy Support and Market Environment - The National Energy Administration plans to enhance policy support and market environment to stimulate energy investment, including the introduction of green electricity direct connection policies [3]. - The government aims to facilitate the implementation of projects in zero-carbon parks and industrial microgrids, ensuring a stable development outlook for renewable energy [3]. Energy Supply Stability - The overall fuel reserves in the country are sufficient, with coal production maintaining high levels, ensuring stable electricity supply during peak winter demand [5]. - As of January 27, the national coal inventory for power plants was 220 million tons, sufficient for 26 days of operation, indicating a solid foundation for coal supply [5]. - Natural gas consumption during the heating season reached 119.52 billion cubic meters, a year-on-year increase of 4.6%, with stable operations in both domestic and imported gas supplies [5].

Core Viewpoint - JinkoSolar announced that it received renewable energy subsidy funds amounting to 891 million yuan from January to August 2025, representing a 248% increase compared to the same period last year, and accounting for 166% of the total subsidies received in 2024 [1] Group 1 - The company received a total of 891 million yuan in renewable energy subsidy funds from January to August 2025 [1] - This amount reflects a significant increase of 248% year-on-year [1] - The subsidies received in this period represent 166% of the total subsidies received throughout 2024 [1] Group 2 - The company expects to continue receiving additional subsidy funds in the remaining months of 2025 [1] - The accelerated disbursement of national subsidies is beneficial for the company's cash flow [1]

Core Viewpoint - The Sarajevo Energy Forum 2026 aims to address the energy transition pathways in the Western Balkans, gathering global experts to discuss sustainable energy solutions and innovations [1] Group 1: Forum Overview - The Sarajevo Energy Forum will take place from January 28 to 30, 2026, in Sarajevo, Bosnia and Herzegovina [1] - The forum is recognized as a leading conference on energy and sustainable development in the region [1] - Key partners include the Istanbul Solar Energy Exhibition, the Foreign Trade Chamber of Bosnia and Herzegovina, and the Renewable Energy Association of Bosnia and Herzegovina [1] Group 2: Discussion Topics - Topics will cover energy integration, storage technologies, the impact of the EU Carbon Border Adjustment Mechanism (CBAM), smart city solutions, electricity market contracts, and green hydrogen [1] - A special session titled "Consumer-Producer Grid Integration" will explore the roles of citizens and businesses in the energy transition [1] - Innovative topics such as the application of artificial intelligence in the energy sector and the Western Balkans Grid Action Plan will also be discussed [1] Group 3: Objectives - The forum aims to promote regional energy interconnectivity and accelerate the transition to clean energy [1]

Core Viewpoint - The National Energy Administration (NEA) is focusing on enhancing international cooperation in green certificates and establishing a standard system for green electricity consumption, aiming for significant development in the green certificate sector by 2025 [1][2]. Group 1: Green Certificate Market Development - By 2025, the cumulative trading volume of green certificates in China is expected to reach 930 million, representing a year-on-year increase of 120% [2]. - The number of participants in the green certificate trading market has grown to 111,000, an increase of 87.5% compared to the previous year [2]. - High-energy-consuming, export-oriented, and high-tech enterprises are the main consumers of green certificates, with individual purchases reaching 7.24 million, six times that of 2024 [2]. Group 2: Price Trends and International Recognition - The average trading price of green certificates stabilized and increased to approximately 4.14 yuan per certificate in the second half of 2025, a 90% rise from the first half [2]. - Significant progress has been made in the international recognition of China's green certificates, with the RE100 organization unconditionally recognizing them in May 2025, and their first appearance at COP30 in November received positive feedback [2]. Group 3: Regulatory Framework and Implementation - The NEA is working on the implementation of the "Minimum Proportion Target for Renewable Energy Consumption and the Responsibility Weight System for Renewable Energy Power Consumption," which aims to set minimum consumption targets for key energy-consuming industries [3]. - The NEA is in the process of finalizing this regulation, which will consider industry development and set reasonable assessment transition periods [3]. - The NEA plans to expand the assessment scope for key energy-consuming industries in line with national energy-saving and carbon reduction policies [3].

（文章来源：每日经济新闻） 每经AI快讯，1月30日，据国家能源局官网消息，国家能源局综合司副司长张星表示，国家能源局牵头 编制了《可再生能源消费最低比重目标和可再生能源电力消纳责任权重制度实施办法》，在总结实践经 验的基础上，结合可再生能源新发展新形势，进一步完善可再生能源电力消纳责任权重制度。同时，明 确重点用能行业可再生能源电力消费和非电消费最低比重目标，并统筹行业发展情况，合理设置考核过 渡期。目前，《办法》正在履行相关流程，拟于近期印发。我们将结合国家节能降碳有关政策，充分征 求相关行业主管部门意见，积极有序扩大重点用能行业考核范围。 ...