格隆汇1月29日丨南网储能(600995.SH)公布，经公司财务部门初步测算，预计2025年度实现归属于母公 司所有者的净利润为16.67亿元到17.27亿元，同比增加47.98%到53.31%。预计2025年度实现归属于母公 司所有者的扣除非经常性损益后的净利润为16.49亿元到17.09亿元，同比增加42.68%到47.87%。报告期 内，公司调峰电站来水较好，发电量同比增加，售电收入及利润同比增加。 ...

格隆汇1月29日丨乐山电力(600644.SH)在投资者互动平台表示，目前，公司无金矿银矿铜矿，不涉及金 矿银矿铜矿的投资。 （原标题：乐山电力(600644.SH)：不涉及金矿银矿铜矿的投资） ...

（记者 王瀚黎） 乐山电力（600644.SH）1月29日在投资者互动平台表示，目前，公司无金矿银矿铜矿，不涉及金矿银 矿铜矿的投资。 每经AI快讯，有投资者在投资者互动平台提问：你们公司有金矿银矿铜矿吗？或者对外涉及金银铜的 投资吗？ ...

南网储能公告称，预计2025年度归属于母公司所有者的净利润为1.67亿元 - 1.73亿元，同比增加47.98% - 53.31%；扣非净利润为1.65亿元 - 1.71亿元，同比增加42.68% - 47.87%。2024年净利润为1.13亿元。业 绩预增主要因报告期内调峰电站来水较好，发电量、售电收入及利润同比增加。以上为初步测算，具体 以2025年年报为准。 ...

三峡水利公告，截至2025年12月31日，公司下属全资及控股公司水电站累计完成发电量23.71亿千瓦 时，同比增长12.66%；累计完成上网电量23.43亿千瓦时，同比增长12.70%。售电量为142.7亿千瓦时， 同比增长0.17%；售电均价为0.4827元/千瓦时（不含税），同比下降1.15%。 ...

南财智讯1月29日电，南网储能发布年度业绩预告，预计2025年全年归属于上市公司股东的净利润为 166700万元—172700万元，同比预增47.98%—53.31%；预计2025年全年归属于上市公司股东的扣除非 经常性损益的净利润为164900万元—170900万元，同比预增42.68%—47.87%。报告期内，公司调峰电 站来水较好，发电量同比增加，售电收入及利润同比增加。 ...

每经AI快讯，1月29日，南网储能（600995）(600995.SH)公告称，南网储能预计2025年度归属于上市公 司股东的净利润为16.67亿元至17.27亿元，同比增加47.98%至53.31%。报告期内，公司调峰电站来水较 好，发电量同比增加，售电收入及利润同比增加。 ...

作为连续多年关注城市能源保障的人大代表，姚建东提出从"源、网、荷、储、技术、市场、政策"全要 素协同发力，支持成都加快建设超大城市新型电力系统。一是加强电源和储能布局，将负荷中心电源建 设纳入重点能源规划，推动大邑抽蓄电厂、金堂电厂二期等项目落地，规模化发展分布式光伏与储能； 二是优化网架结构，强化政策与廊道保障，适度超前布局电力设施，提升区域电网互联互济能力；三是 规范新兴元素接入管理，制定配电设施运维、充电布局等标准，探索V2G技术，优化居民阶梯电价；四 是强化要素保障，争取移交资产纳入输配电价疏导，完善分时电价与储能市场机制，试点电力现货市场 多节点电价结算。 1月28日，在成都市十八届人大四次会议分团讨论会上，成都市人大代表、国网成都供电公司总经理姚 建东聚焦超大城市能源保障与民生服务痛点，分别围绕加快新型电力系统建设、全面推广共享充电设 施"统建统服"模式建言。 据介绍，2025年成都已圆满完成"十四五"电网建设任务，成功构建成都500千伏立体双环网。姚建东表 示，当前成都电网主要矛盾已从是否"送得进"转向是否"落得下、用得好"，但空调降温负荷占比大、电 源"空心化"、政策配套不完善等问题仍亟待破解 ...

Core Viewpoint - The article highlights that China's energy transition has shifted from merely expanding installed capacity to focusing on system efficiency, dispatch capability, and structural optimization, indicating a fundamental change in the operational logic of the power system [5][8]. Group 1: Installed Capacity and Growth - As of the end of 2025, the total installed power generation capacity in China reached 389.134 million kilowatts, a year-on-year increase of 16.1% [4]. - Solar power generation capacity reached 120.173 million kilowatts, growing by 35.4%, while wind power capacity reached 64.001 million kilowatts, increasing by 22.9% [5]. - In contrast, the growth rates for hydropower, thermal power, and nuclear power were significantly lower at 2.9%, 6.3%, and 2.7%, respectively, indicating a shift towards renewable energy as the main contributor to new capacity [5]. Group 2: Utilization Efficiency and Challenges - The average utilization hours of power generation equipment in China fell to 3,119 hours in 2025, a decrease of 312 hours year-on-year, reflecting increasing systemic pressure on energy consumption [6]. - The decline in utilization hours has been consistent, dropping from over 3,800 hours in 2021 to around 3,400 hours in 2024, indicating a growing challenge in effectively utilizing installed capacity [6][7]. - The reduction in utilization hours affects not only renewable projects but also traditional thermal and gas power plants, which are increasingly relegated to peak shaving and backup roles, altering their revenue models [7]. Group 3: Future Investment and Policy Implications - Future investment decisions in the power sector will increasingly depend on grid connectivity, consumption capacity, and system contribution rather than just installed capacity and resource conditions [8]. - Accelerating the construction of a new power system and addressing flexibility shortcomings will be essential for stabilizing the energy transition and reducing system costs [8].

Group 1 - The core point of the news is that Shandong Shanda Electric Power Technology Co., Ltd. experienced a 5.14% drop in stock price, closing at 48.56 yuan per share, with a trading volume of 208 million yuan and a turnover rate of 11.50%, resulting in a total market capitalization of 7.909 billion yuan [1] - The company, established on April 12, 2001, focuses on the research and industrialization of intelligent products related to power systems, with two main business segments: smart grid monitoring technology and new energy [1] - The revenue composition of the company's main business includes 63.61% from fault recording monitoring devices, 35.17% from transmission line fault monitoring devices, and 1.22% from other sources [1] Group 2 - From the perspective of fund holdings, one fund under GF Fund has a significant position in Shanda Electric Power, specifically the GF CSI A50 ETF Linked A (023108), which held 277 shares, accounting for 0.01% of the fund's net value, ranking as the ninth largest holding [2] - The fund has reported a floating loss of approximately 728.51 yuan today, with a total fund size of 28.8869 million yuan and a year-to-date loss of 0.05%, ranking 5121 out of 5551 in its category [2] - The fund manager, Lu Zhiming, has a tenure of 14 years and 245 days, with the fund's total asset size at 25.098 billion yuan, achieving a best return of 119.61% and a worst return of -63.28% during his management period [3]