北海二期2×100万千瓦超超临界一次再热燃煤发电机组全部建成投运 近日，中国神华能源股份有限公司持股约52%的控股子公司国能广投北海发电有限公司（"北海电力"） 二期扩建工程项目（"北海二期"）4 号机组顺利通过168小时试运行，移交商业运营。至此，北海二期2 台100万千瓦超超临界一次再热燃煤发电机组全部建成投运。 国家能源集团又一台百万机组投运 近日，中国神华能源股份有限公司持股67%的控股子公司国能清远发电有限责任公司二期扩建工程项目 （"清远二期"）3号发电机组顺利通过168小时试运行，正式投入商业运营。 清远二期位于广东省清远市英德市沙口镇，规划建设2台100万千瓦超超临界二次再热燃煤发电机组，是 广东省"十四五"规划能源保障重点工程。项目采用高效清洁煤电技术，设计供电煤耗262.23克/千瓦时， 可实现大气污染物超低排放及废水零排放。目前，清远二期4号发电机组建设工作稳步推进，计划于 2026年2月投运。项目全部投运后，将有效缓解所在区域能源供应压力，为粤港澳大湾区能源安全提供 保障。 近日，中国神华能源股份有限公司持股67%的控股子公司国能清远发电有限责任公司二期扩建工程项目 （"清远二期"）3 ...

其中，成都东1000千伏特高压变电站500千伏配套工程、盐源500千伏变电站扩建工程等4项500千伏工 程，优化了主干电网结构，增强了清洁能源外送能力；巴中曾口、内江迎祥等4项220千伏工程进一步提 升区域电网供电可靠性，精准满足不同地区的冬季用电需求。 迎峰度冬期间，双江口、金川水电，彭州、德阳燃机等电源项目将有57台装机投运，新增容量约1632万 千瓦。国网四川电力积极服务新增装机并网，进一步夯实电力保供基础。"我们针对重要输电线路部署 了三类除冰机器人(18.190, -0.17, -0.93%)，一旦监测到覆冰厚度超过临界值，可灵活调配机器人开展除 冰工作。"国网四川电力运检人员魏凯林介绍，当前，电网运维人员正加强特高压设备、密集输电通道 等重点设施的巡检频次，密切监测重要输电通道的覆冰情况，保障四川电网和"西电东送"大动脉安全运 行。 2025年12月28日，随着盐源500千伏变电站扩建工程顺利带电运行，四川电网2025年迎峰度冬8项重点工 程全部建成投运，为全省冬季电力可靠供应和经济社会高质量发展注入强劲动能。 据预测，2025年迎峰度冬期间，四川电网最大用电负荷约5700万千瓦，同比增长11.6 ...

Core Viewpoint - The National Development and Reform Commission and the National Energy Administration have issued guidelines to promote high-quality development of the power grid, aiming to establish a new type of grid platform by 2030, which includes a backbone grid and distribution networks as key foundations, supplemented by smart microgrids [1] Group 1: Development Goals - By 2030, the capacity for optimizing power grid resource allocation is expected to be significantly enhanced, with the "West-to-East Power Transmission" scale exceeding 420 million kilowatts [1] - An additional inter-provincial power exchange capacity of approximately 40 million kilowatts is anticipated, supporting renewable energy generation to account for around 30% of total generation [1] - The capacity to accommodate distributed renewable energy is projected to reach 900 million kilowatts, supporting over 40 million charging infrastructure units [1] Group 2: Current Status - Currently, China's power grid is recognized as the strongest in the world in terms of transmission capacity, highest operational voltage levels, largest scale of renewable energy integration, and longest safety operation record [1] - The optimization capability of the power grid resources is world-leading, with the "West-to-East Power Transmission" scale currently at 340 million kilowatts [1] Group 3: Strategic Measures - The guidelines outline seven key tasks, including clarifying the functional positioning of the new grid platform, strengthening unified planning and construction at all levels of the grid, building a new power dispatching system, enhancing grid safety governance capabilities, promoting new productivity to empower grid development, advancing comprehensive grid services for public welfare, and reinforcing grid supervision and management [1]

Group 1: AI Infrastructure Investment - AI infrastructure investment is entering a new phase, with traditional leaders like Nvidia, Microsoft, and Amazon seeing stagnant stock prices since last summer, while new entrants like Broadcom are gaining traction [2][4] - Investors are shifting focus to data centers, looking for companies that can support global computing power regardless of the chip used [4] - The power sector within AI infrastructure is also transforming, with utility stocks stagnating while gas turbine suppliers like GE Vernova continue to rise [5] Group 2: Pharmaceutical Research Shift - The focus in pharmaceutical research is shifting from weight loss drugs to cardiovascular treatments, with significant market changes observed in the GLP-1 weight loss drug sector [9][10] - Eli Lilly continues to outperform the market, while Novo Nordisk's stock has halved, leading to a 33% downward revision in earnings expectations for 2026 [9][10] Group 3: Chinese Economic Growth - Goldman Sachs economists predict that China's economic growth will exceed market consensus, driven by technological advancements and a strong export position [13] - The recovery of the Chinese economy is expected to impact global trade and technology dynamics significantly [13] Group 4: Policy Uncertainty - Policy uncertainty is expected to dominate the market in 2026, with key factors including Federal Reserve actions, Supreme Court rulings on tariffs, and the appointment of a new Fed chair [23] - Current stock valuations in the U.S. have reached their highest levels since the late 1990s, prompting a cautious approach from investors [3][24] Group 5: Emerging Investment Themes - The rise of alternative investments is noted, with private credit markets outperforming private equity and attracting retail funds [15] - The cryptocurrency market is expanding, with companies like Coinbase and Robinhood positioned favorably in this growing sector [16] Group 6: Military and Defense Sector - The defense sector is experiencing evolving militarization, with significant investments needed in Europe to catch up with military capabilities [17][18] Group 7: Robotics and Autonomous Vehicles - Advancements in humanoid robots and autonomous driving technology are expected to drive profit growth for industrial tech companies, including Tesla [19] - China is leading in the autonomous vehicle sector, with projections indicating that the Robotaxi market could reach $47 billion by 2035 [21] Group 8: Nuclear Energy and Rare Earths - Nuclear energy is experiencing a revival due to the demand for clean power to support the AI revolution, despite past accidents that stalled its development [22] - Rare earth metals are becoming critical components in technology, with China currently dominating this supply chain [22]

据国家能源局有关负责人介绍，《规则》适应电力市场建设"当前"和"长远"的需要，纳入跨电网经营区 常态化交易、区内省间灵活互济交易等机制，增加结算参考点等要求适应现货市场发展，系统规范电力 中长期交易业务各环节，细化电力市场风险防控要求；承接未来5年中长期市场发展，增加新型经营主 体参与中长期交易等概括性、前瞻性条款。 同时，《规则》还明确，推动中长期交易向"更长"和"更短"周期延伸，鼓励开展多年期交易，强化中长 期交易"压舱石"作用；明确中长期连续运营要求，进一步缩短交易周期、提高交易频次，推动按日连续 交易，提升中长期市场灵活性，促进与现货市场的协同衔接。（记者 廖睿灵） 电力中长期市场是全国统一电力市场的重要组成部分。近日，国家发展改革委、国家能源局发布《关于 印发〈电力中长期市场基本规则〉的通知》（以下简称《规则》），进一步规范电力中长期交易行为。 电力中长期交易是指对未来某一时期内交割电力产品或服务的交易，包含数年、年、月、月内（含旬、 周、多日）等不同时间维度的交易。国家能源局有关负责人介绍，新一轮电力体制改革实施以来，国家 发展改革委、国家能源局先后于2016年、2020年制定修订《电力中长期交易 ...

Core Viewpoint - The Southern Power Grid's Bijie Nayong Power Supply Bureau has initiated a comprehensive safety inspection of electricity usage in coal mining enterprises to ensure reliable power supply and address safety hazards [1][2]. Group 1: Safety Inspection Initiatives - The Nayong Power Supply Bureau has organized professional teams to conduct thorough inspections in coal mining enterprises, focusing on nine key areas including power source configuration and equipment safety [1]. - As of now, the bureau has completed on-site inspections for 25 coal mine users and established a "coal mine user list" along with individual records for each mine [1]. Group 2: Collaboration and Support - The bureau has actively listened to and collected feedback from enterprises regarding operational difficulties and power optimization needs, facilitating problem-solving through coordination of internal and external resources [1]. - The bureau aims to institutionalize and normalize the safety inspection process for coal mine electricity usage, enhancing the safety production electricity protection network [2]. Group 3: Capacity Enhancement - In 2025, the bureau has assisted coal mining enterprises in completing a capacity increase of 9,415 kVA, effectively meeting the electricity demands for enhanced coal production [2].

Core Viewpoint - The completion of the Yizhuang 500 kV substation marks the successful conclusion of Beijing's power grid construction tasks during the 14th Five-Year Plan period, enhancing the reliability and capacity of the electricity supply in the region [1][2] Group 1: Project Overview - The Yizhuang 500 kV substation, located in Beijing's Yizhuang load center, was constructed starting in June 2023 and is one of the key projects under Beijing's "3 100" initiative [1] - The substation is equipped with two sets of 1.2 million kVA transformers, adding 2.4 million kVA of power supply capacity to the Beijing grid [1] - It serves as a crucial hub for clean energy from Inner Mongolia and connects to the 1000 kV ultra-high voltage transmission line, facilitating the integration of green electricity into Beijing [1] Group 2: Demand and Capacity Growth - The maximum load in Yizhuang during the 14th Five-Year Plan period reached 1.766 million kW, an increase of 595,000 kW or 50.81% compared to the maximum load of 1.171 million kW during the 13th Five-Year Plan [2] - The Yizhuang area has seen the addition of 2.4 million kVA of 500 kV capacity, 1.08 million kVA of 220 kV capacity, and 1.63 million kVA of 110 kV capacity, providing strong support for high-quality regional development [2]

Core Viewpoint - The completion of the Yizhuang 500 kV substation marks the successful conclusion of Beijing's "14th Five-Year Plan" for power grid construction, enhancing the electricity supply capacity and reliability in the region [1][2] Group 1: Project Overview - The Yizhuang 500 kV substation, located in Beijing's Yizhuang load center, was constructed starting in June 2023 and is a key project under Beijing's "3 100" initiative [1] - The substation is equipped with two 1.2 million kVA transformers, adding 2.4 million kVA to Beijing's power supply capacity, thereby providing more reliable power support for Yizhuang, Tongzhou, and Daxing regions [1] Group 2: Impact on Energy Supply - The substation serves as a crucial hub for clean energy from Inner Mongolia and connects to the 1000 kV ultra-high voltage transmission line, facilitating the integration of green electricity into Beijing [1] - It enhances the reliability and stability of power supply in southeastern Beijing, supporting key national projects and promoting the green and low-carbon transformation of regional industries [1] Group 3: Demand Growth - During the "14th Five-Year Plan" period, the maximum load in Yizhuang reached 1.766 million kW, an increase of 595,000 kW or 50.81% compared to the maximum load of 1.171 million kW during the "13th Five-Year Plan" [2] - The addition of 240 million kVA of 500 kV capacity, 108 million kVA of 220 kV capacity, and 163 million kVA of 110 kV capacity in Yizhuang during this period injects strong momentum for high-quality regional development [2]

（来源：天津日报） 转自：天津日报 本报讯（记者 苏晓梅）记者从天津能源集团获悉，日前，我市首个飞轮储能调频项目在该集团陈塘热 电厂建成投产，为区域新型电力系统建设注入全新动能。该项目的投产见证了"传统能源+新型储能"协 同创新的巨大潜力，为区域内同类型机组改造提供了可借鉴的样板。 该项目总规模达6000千瓦/300千瓦时，由12台单机容量500千瓦/25千瓦时的飞轮储能单元组成，是我市 首个飞轮储能示范工程。项目采用先进的真空磁悬浮飞轮储能技术，可实现电能与动能的高效转换，具 备毫秒级响应、高调节精度、长循环寿命及绿色环保等突出优势，可大幅降低发电机组低频振荡风险， 有效保障电网系统频率安全。 项目投产后，机组调频性能将迎来质的飞跃，3号、6号汽轮机一次调频响应时间从分钟级跃升至秒级， 调节误差锐减，将大幅提升参与电网快速调节的能力，使电网频率稳定性得到显著提升。 ...

Core Insights - Central enterprises are expected to enhance their roles in serving the national economic development and improving people's livelihoods, as emphasized by General Secretary Xi Jinping [1] Group 1: Scale and Strength - The total assets of central enterprises have exceeded 90 trillion yuan, marking significant growth during the "14th Five-Year Plan" period [2] - Central enterprises have made notable advancements in innovation, with 134 pilot verification platforms providing specialized services and achieving 121 significant results in original technology [2] - Research and development expenditures have surpassed 5 trillion yuan, with investments in emerging industries growing at an annual rate of over 20% [2] Group 2: Industrial Upgrading - Central enterprises have made progress in 438 technology breakthroughs aimed at enhancing industrial innovation and self-sufficiency [3] - The implementation of the "Artificial Intelligence +" initiative has led to over 800 application scenarios and the establishment of 1,854 smart factories [3] - Energy efficiency has improved, with energy consumption per unit of output and carbon dioxide emissions per unit of output decreasing by 12.8% and 13.9%, respectively, during the "14th Five-Year Plan" [3] Group 3: Strategic Functionality - Nine new central enterprises have been established, focusing on market-oriented restructuring and integration of state-owned assets [4][5] - The governance of central enterprises has become more standardized and efficient, with management levels controlled within four tiers [5] - The State-owned Assets Supervision and Administration Commission (SASAC) has implemented a more scientific regulatory approach, including a tailored assessment for each enterprise [5]