Core Viewpoint - The issuance of the "Basic Rules for the Electric Power Medium and Long-term Market" marks a significant step in advancing China's electricity market reform, aiming to establish a unified national electricity market that supports energy security and the achievement of carbon neutrality goals [3][10]. Group 1: Expanding Participation and Market Vitality - The "Basic Rules" encourage diverse participants in the electricity market, including distributed energy, virtual power plants, and smart microgrids, to enhance market vitality and clarify rights and responsibilities [4]. - New operational entities are integrated into the medium and long-term market management, ensuring equal participation and clear transaction behaviors [4]. - The rules require distinct accounting for different time periods of electricity generation and consumption, ensuring clarity in responsibilities and risk management [4]. Group 2: Constructing a Multi-layered Market Structure - The medium and long-term electricity market plays a crucial role in supply assurance, price stabilization, and resource optimization, with a focus on enhancing inter-market connections [5]. - By 2025, a trading mechanism across electricity grid operating regions will be established, promoting regular cross-province transactions and resource sharing [5]. - The rules encourage the coupling of cross-province and intra-province trading to prevent market fragmentation [5]. Group 3: Enhancing Market Flexibility through Diverse Transactions - The "Basic Rules" aim to improve the organization and pricing mechanisms of medium and long-term market transactions, facilitating orderly connections with the spot market [6]. - A comprehensive trading system covering various timeframes will be established, allowing for effective risk hedging and flexible adjustments [6]. - The pricing mechanism will align medium and long-term transaction limits with spot market prices, enhancing price signal transmission [6]. Group 4: Strengthening Green Electricity Trading Mechanisms - The rules integrate green electricity trading into the medium and long-term market, providing clear value and traceability for green electricity consumption [7][8]. - Green electricity trading will ensure a one-to-one correspondence between power generation and consumption, enhancing the credibility of green electricity transactions [8]. - The pricing of green electricity will be separated into energy price and environmental value, ensuring the purity of environmental value [8]. Group 5: Reinforcing Market Behavior Regulation - A robust regulatory framework is essential for the construction of a unified national electricity market, ensuring fair and just market order [9]. - Market participants are required to adhere to self-regulatory obligations and avoid market manipulation [9]. - The rules outline six types of market risks and mandate monitoring and risk prevention measures to ensure healthy market development [9].

统筹市场多元主体 优化市场价格机制 对经营主体而言，在更大范围内实现电力资源的优化配置，需依赖市场信息收集与互通，增强数据的范围性与及时性，市 场信息披露工作将更加重要，市场供需形势研判需向省内、省间并重发展。 二 是 中长期交易周期向更长、更短双向延伸，适应新能源全面入市的新形势 。 为更加充分 地 通过市场化手段引导新能 源行业的发展，新能源上网电价改革落地，新能源面临全面进入市场交易的新形势。与常规调节性机组不同，新能源出力 具有波动性和间歇性的特点，对中长期灵活交易的需求更高。因此 《基本规则》 "推广多年期购电协议机制，稳定长期消 纳空间"，通过长期合同稳定新能源的收益预期；同时坚持"月内交易原则上按日连续开市"，实现灵活连续交易，给予经营 主体多次、灵活的中长期调仓机会。 夯实全国统一电力市场建设基础 ——《 电力中长期市场基本规则 》 解读 电力中长期交易是我国新一轮电力体制机制改革以来起步最早、涉及范围最广、参与主体最多的交易品种。近年来，我国 电力市场化改革成效显著，电力市场交易规模快速扩大，多层次电力市场体系建设有序推进，多元竞争主体格局初步形 成，电力市场监管体系更加健全，电力系统运行效 ...

Core Viewpoint - Shanxi Province has introduced the "Implementation Opinions on Accelerating Energy Technology Innovation to Support Energy Transition Development," aiming to enhance energy technology innovation capabilities and explore new paths for energy transition by 2030 [1][4]. Group 1: Energy Technology Innovation Goals - By 2030, Shanxi aims to establish a more complete energy technology innovation system, achieving over 100 landmark technological achievements and a technology transaction volume exceeding 50 billion yuan [1][7]. - The implementation focuses on nine new paths for energy transition, including coal mining, flexible and efficient power generation, coal chemical industry, and carbon capture [1][3]. Group 2: Policies for Technology Transfer and Enterprise Innovation - The implementation outlines 44 policy measures to promote deep integration of technology and industry innovation, focusing on technology transfer, enterprise innovation, and resource assurance [2][3]. - It emphasizes the role of leading enterprises in innovation, proposing 13 measures to support enterprises in forming innovation consortia and enhancing their innovation capabilities [2][16]. Group 3: Resource Assurance for Innovation - The implementation includes 14 policy measures to improve the innovation resource assurance system, such as establishing a task-oriented support mechanism and a long-term support mechanism for talent teams [3][19]. - It aims to integrate innovation chains, industry chains, and funding chains to create a favorable environment for energy transition technology innovation [3][20]. Group 4: Key Technology Breakthroughs - The implementation identifies key technology areas for breakthroughs, including advanced coal mining techniques, flexible power generation technologies, and carbon capture and utilization technologies [8][12]. - Specific initiatives include the development of high-efficiency coal power generation technologies and the promotion of intelligent mining equipment [10][11]. Group 5: Strengthening Enterprise Innovation - The implementation encourages enterprises to take the lead in technology innovation decisions and research organization, with measures to support technology transfer and collaboration with research institutions [16][17]. - It aims to enhance the role of technology-driven enterprises and promote the establishment of innovation platforms [16][18].

证券之星消息，1月6日电力板块较上一交易日上涨0.77%，金房能源领涨。当日上证指数报收于 4083.67，上涨1.5%。深证成指报收于14022.55，上涨1.4%。电力板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 001210 | 金房能源 | 20.72 | 9.98% | 8.94万 | | 1.81亿 | | 002256 | 兆新股份 | 3.78 | 7.69% | 246.26万 | | 9.25 6 | | 601778 | 晶科科技 | 4.13 | 6.44% | 300.85万 | | 12.29亿 | | 001376 | 百通能源 | 17.95 | 5.28% | 27.34万 | | 4.85亿 | | 619109 | 嘉泽新能 | 4.87 | 5.18% | 146.17万 | | 7.06亿 | | 600149 | 廊坊发展 | 5.19 | 3.59% | 12.48万 | | 6416.14万 | | 6000 ...

Core Insights - The Northwest Power Grid is set to achieve a record scale of cross-regional direct current and 750 kV projects by 2025, with the addition of 4 cross-regional direct current projects and 35 new 750 kV projects, enhancing national energy security and supporting high-quality regional economic development [1][3] Group 1: Project Developments - By 2025, the Northwest Power Grid's direct current transmission capacity will exceed 95 million kilowatts, an increase of 24.6 million kilowatts compared to 2024, surpassing the total increase during the "13th Five-Year Plan" period [1] - Key 750 kV projects, including the Shaanxi Xiazhou to Gansu Qingyang North and Xinjiang Huan Tarim Basin ring network, will further optimize the main grid structure, enhancing both power transmission capacity and supply reliability [3] Group 2: Infrastructure Expansion - In 2025, the Northwest Power Grid will see the construction of 15 new substations, 36 main transformers, and 57 new lines, marking a historic high in scale [3] - The total scale of the Northwest Power Grid is expected to grow by over 50% compared to the end of the "13th Five-Year Plan," reinforcing its role in power security and cross-regional resource optimization [3]

Group 1 - The core point of the article is that the Huaihe Energy company has provided an update regarding the status of the Xiu Ning Li Zhuang pumped storage power station project, indicating that construction has not yet commenced and the project has been granted an extension until December 31, 2026, by the Anhui Provincial Development and Reform Commission [2] Group 2 - Huaihe Energy's subsidiary, Changdian (Xiu Ning) Energy Development Co., Ltd., is responsible for the project [2] - The company acknowledges investor inquiries regarding the project's progress and expresses gratitude for the interest shown [2]

Core Viewpoint - Fujian Province has achieved significant economic growth supported by clean energy, with a clean energy installed capacity target of over 100 million kilowatts by the end of 2025, accounting for 65.8% of total installed capacity [1] Group 1: Clean Energy Development - As of the end of 2025, Fujian's total installed power capacity is expected to exceed 100 million kilowatts, with clean energy making up 65.8% of this capacity [1] - The province is accelerating the construction of a new power system demonstration area, enhancing grid resource allocation capabilities to support green and low-carbon energy development [1] - The Fujian-Guangdong interconnection project will facilitate energy resource optimization and efficient clean energy utilization between the two provinces [2][6] Group 2: Grid Infrastructure - The State Grid Fujian Electric Power Company is focused on building a robust grid infrastructure, connecting to major economic regions and enhancing the capacity for clean energy transmission [4] - The 1000 kV Fuzhou-Xiamen ultra-high voltage AC project, operational by December 2023, will increase the grid's capacity to transmit power from the north to the south by 3 million kilowatts [8] - The construction of a flexible resource adjustment system aims to improve the grid's ability to absorb clean energy and manage its variability [10] Group 3: Microgrid Initiatives - The integration of wind, solar, and storage systems in microgrids is being implemented across various scenarios, including islands and urban areas, to enhance clean energy utilization [16][18] - The first large-scale shared energy storage station in Fujian will support the development of offshore wind energy and improve its absorption capacity [22] - The microgrid projects in Nan'an and Meizhou Island are designed to achieve 100% local consumption of distributed solar energy, enhancing energy efficiency [23]

每经AI快讯，绿发电力1月6日晚间发布公告称，截至2025年12月31日，公司通过股份回购专用证券账 户以集中竞价方式累计回购公司股份约664万股，占公司总股本约20.67亿股的0.32%，最高成交价8.46 元/股，最低成交价8.25元/股，成交总金额约5541万元。 每经头条（nbdtoutiao）——原指导价34.99万的宝马裸车价22.5万元，多家车企还补贴购置税！2026开 年车市火爆，销售从早到晚忙到没空吃饭 （记者 曾健辉） ...

Group 1 - The core viewpoint emphasizes the acceleration of energy transition in China, focusing on the optimization of energy structure and the promotion of renewable energy to replace fossil fuels, which aids in reducing carbon emissions and ensuring energy security [1][4] - The latest data from the National Energy Administration indicates that by the end of November 2025, the total installed power generation capacity in China will reach 3.79 billion kilowatts, a year-on-year increase of 17.1%. Among this, solar power capacity will be 1.16 billion kilowatts, up 41.9%, and wind power capacity will be 600 million kilowatts, up 22.4% [1] - The development of clean and efficient coal utilization is crucial for achieving carbon neutrality goals, with new policies aimed at enhancing coal utilization efficiency and promoting high-value coal products [2] Group 2 - Yunnan province is advancing its energy transition towards a "new energy dominant" structure, with renewable energy installations exceeding 70 million kilowatts and clean energy accounting for 90% of the total installed capacity [3] - The integration of solar thermal power and photovoltaic projects in Gansu is expected to produce 1.45 billion kilowatt-hours of clean electricity annually, equivalent to saving 480,000 tons of standard coal [3] - The "fishing and solar" project in Dalian is projected to save 51,100 tons of standard coal and reduce carbon dioxide emissions by 134,900 tons annually, while generating over 13 million yuan in profit [3] Group 3 - The energy transition is creating new employment opportunities and contributing to regional economic growth, with a focus on sustainable development through the development and utilization of renewable energy [4] - It is essential to ensure that the power grid can accommodate the increased renewable energy supply, with recommendations for enhancing grid flexibility, safety, and intelligence to address the variability of renewable sources [4]

股票代码：600900 股票简称：长江电力公告编号：2026-001 中国长江电力股份有限公司 2025年发电量完成情况公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 根据公司初步统计，2025年，乌东德水库来水总量约1051.35亿立方米，较上年同期偏枯6.44%；三峡水 库来水总量约3962.68亿立方米，较上年同期偏丰5.93%。 2025年，公司境内所属六座梯级电站总发电量约3071.94亿千瓦时，较上年同期增长3.82%。其中，第四 季度公司境内所属六座梯级电站总发电量约720.68亿千瓦时，较上年同期增长19.93%。各电站发电量具 体如下： ■ 注：原始数据为小数点后四位，本表格按照惯例保留两位，为了保持原始数据精度，求和值未做调整。 特此公告。 中国长江电力股份有限公司董事会 2026年1月5日 ...