新华财经北京9月12日电国家发展改革委、国家能源局发布关于完善价格机制促进新能源发电就近消纳 的通知，其中提到公共电网提供稳定供应保障服务。对电源、负荷、储能等作为整体与公共电网连接， 形成清晰物理界面和安全责任界面、以新能源发电为主要电源的就近消纳项目，公共电网按照接网容量 提供可靠供电等服务，保障其安全稳定用电。就近消纳项目电源应接入用户和公共电网产权分界点的用 户侧，新能源年自发自用电量占总可用发电量比例不低于60%，占总用电量比例不低于30%、2030年起 新增项目不低于35%；项目应当具备分表计量条件，由电网企业在发电、厂用电、并网、自发自用、储 能等关口安装计量装置，准确计量各环节电量数据。 （文章来源：新华财经） ...

央视网消息：据国家发改委消息，国家发展改革委、国家能源局发布关于完善价格机制促进新能源 发电就近消纳的通知。对电源、负荷、储能等作为整体与公共电网连接，形成清晰物理界面和安全责任 界面、以新能源发电为主要电源的就近消纳项目，公共电网按照接网容量提供可靠供电等服务，保障其 安全稳定用电。就近消纳项目电源应接入用户和公共电网产权分界点的用户侧，新能源年自发自用电量 占总可用发电量比例不低于60%，占总用电量比例不低于30%、2030年起新增项目不低于35%；项目应 当具备分表计量条件，由电网企业在发电、厂用电、并网、自发自用、储能等关口安装计量装置，准确 计量各环节电量数据。 国家发展改革委 国家能源局关于 完善价格机制促进新能源发电就近消纳的通知 发改价格〔2025〕1192号 一、公共电网提供稳定供应保障服务。对电源、负荷、储能等作为整体与公共电网连接，形成清晰 物理界面和安全责任界面、以新能源发电为主要电源的就近消纳项目，公共电网按照接网容量提供可靠 供电等服务，保障其安全稳定用电。就近消纳项目电源应接入用户和公共电网产权分界点的用户侧，新 能源年自发自用电量占总可用发电量比例不低于60%，占总用电量比例不 ...

本次募集资金将投入风力发电、太阳能发电项目建设，拟使用募集资金约90亿元，项目情况如下： | 项目类型 | 装机规模(万千瓦) | 总投资金额(亿元) | | --- | --- | --- | | 新能源大基地项目 | 328.00 | 197.21 | | 绿色生态文明项目 | 120.00 | 61.04 | | 就地消纳负荷中心项目 | 248.00 | 163.68 | | 产业融合发展项目 | 150.00 | 62.88 | | 合计 | 846.00 | 484.81 | 财务方面，于2022年度、2023年度、2024年度以及2025年1-3月，电建新能实现营业收入约为83.82亿 元、87.28亿元、98.1亿元、26.61亿元人民币；同期，公司实现净利润分别约为19.81亿元、25.03亿元、 28.22亿元、5.55亿元人民币。 9月11日，中电建新能源集团股份有限公司(简称：电建新能)上交所主板IPO已受理。中金公司 （601995）为其保荐机构，拟募资90亿元。 招股书显示，电建新能主营业务为中国境内风力及太阳能发电项目的开发、投资、运营和管理，主要产 品为电力。公司全力开拓风力发 ...

Core Viewpoint - The rapid growth of installed capacity in renewable energy generation in Jilin Province is facing challenges due to insufficient local consumption capacity and external transmission channels, which may lead to a decline in renewable energy utilization and affect project profitability [2][3]. Group 1: Company Performance - Jilin Electric Power Co., Ltd. (吉电股份) reported a year-on-year decrease in electricity sales by 1.33%, a drop in electricity prices by 3.93%, and a decline in operating revenue by 4.63%, resulting in a year-on-year decrease in net profit attributable to shareholders by 33.72% in its 2025 semi-annual report [2]. - The company's gross profit margins for wind and solar products are projected to decline by 0.14 and 5.15 percentage points respectively in 2024 compared to the previous year, with a year-on-year decrease of 7.8 and 4.82 percentage points in the first half of this year [3]. Group 2: Industry Trends - The installed capacity of wind power increased by 22.7% and solar power by 54.2% year-on-year, while the overall electricity consumption grew by only 3.7%, indicating an imbalance between supply and demand that impacts the profitability of power generation companies [3]. - The National Development and Reform Commission and the National Energy Administration have initiated reforms to promote market-oriented pricing for renewable energy, which may increase price volatility and competitive pressure in the electricity market [3]. Group 3: Strategic Initiatives - The company is focusing on the "Renewable Energy +" model and green hydrogen-based energy, aiming to enhance renewable energy capacity and explore downstream applications in green ammonia and green methanol production [5][6]. - The Daan Wind-Solar Integrated Green Hydrogen Project, with a total investment of 5.956 billion yuan, is designed to produce 180,000 tons of green ammonia annually and is currently in trial operation [6]. - The company plans to invest 4.92 billion yuan in a 200,000-ton green methanol innovation demonstration project [6]. Group 4: Market Outlook - The global demand for green methanol is expected to exceed 300 million tons by 2050, with China's planned production capacity surpassing 10 million tons [7]. - The green hydrogen-based energy market is anticipated to grow rapidly, driven by carbon neutrality policies and advancements in core technologies, although challenges such as high production costs and lack of pricing mechanisms remain [7].

Group 1 - CNOOC (Oriental) Energy Co., Ltd. was established on September 11, with a registered capital of 1 billion RMB [1] - The legal representative of the new company is Jin Haibo, indicating a structured leadership [1] - The business scope includes power generation technology services, solar power generation technology services, and wind power generation technology services [1] Group 2 - The shareholders of the new company are CNOOC (Hainan) New Energy Co., Ltd. and Mingyang Smart Energy, indicating a partnership in the renewable energy sector [1]

Core Insights - The report highlights an increase in expectations for interest rate cuts in the US, driven by soft labor data and inflation figures that align with forecasts [1][8][12] - A significant trade agreement between the US and Taiwan is anticipated, which could impact market dynamics positively [8][12] Market Performance - A-shares experienced a strong rally, with the Shanghai Composite Index rising by 1.65% to 3875.31 points, and the ChiNext Index increasing by 5.15% [1] - The Hong Kong market showed mixed results, with the Hang Seng Index closing down 0.43% at 26086.32 points, while the Hang Seng Tech Index fell by 0.24% [1][5] - European and US markets saw gains, with the Dow Jones up 1.36% and the S&P 500 rising by 0.85%, both reaching historical highs [1][12] Economic Indicators - The US core CPI rose by 0.3% in August, meeting expectations, while the overall CPI increased by 0.4%, marking the largest rise since the beginning of the year [12] - Initial jobless claims in the US surged to nearly a four-year high, indicating potential increases in layoffs [12][16] - The European Central Bank maintained interest rates, signaling a balanced economic growth outlook and controlled inflation [12] Company-Specific Developments - UBS raised the target price for Dongfeng Motor Group by 102% to HKD 10.5, citing potential privatization and stock distribution of its Voyah brand [10] - Hesai Technology plans to go public in Hong Kong with a share price set at HKD 212.8, aiming to raise over HKD 36 billion [10] - Jingfang Pharmaceutical is set to launch an IPO with a share price of HKD 20.39, targeting a total fundraising of approximately HKD 15.82 billion [10] Industry Trends - China General Nuclear Power's electricity generation in August fell by 5.7% year-on-year, with mixed performance across its various energy projects [13] - Huatai Securities successfully issued a secondary bond worth RMB 2 billion, indicating strong investor interest [13] - GIC increased its stake in Haitian Flavoring and Food Company to 11.07%, reflecting confidence in the company's growth prospects [13]

Group 1 - The core viewpoint of the articles is that Shandong has successfully implemented a market-oriented pricing mechanism for renewable energy, marking a significant step in China's electricity market reform [1][2][3] - Shandong's renewable energy installed capacity reached 119 million kilowatts by the end of July, with solar power leading at 91.3 million kilowatts and wind power at 27.49 million kilowatts, making it a major player in the renewable energy sector [1] - The first competitive bidding for renewable energy pricing in Shandong resulted in wind power being priced at 0.319 yuan per kilowatt-hour for 5.967 billion kilowatt-hours and solar power at 0.225 yuan per kilowatt-hour for 1.248 billion kilowatt-hours [1] Group 2 - The introduction of "mechanism electricity" and "mechanism price" rules aims to stabilize revenue expectations for power generation companies, providing a form of "dynamic price insurance" [2] - The total scale of mechanism electricity for the 2025 bidding was set at 94.67 billion kilowatt-hours, with a bidding process that attracted over 3,000 renewable energy projects, ultimately qualifying 1,200 projects [2] - The reform is expected to guide the energy structure towards a more diversified approach, promoting scientific decision-making and technological innovation within the renewable energy industry [3]

Major Events - Alibaba-W (09988) announced the pricing of $3.2 billion zero-coupon convertible preferred notes, with an initial conversion price of $193.15 per American depositary share [1] - Peijia Medical-B (09996) reported the first human clinical trial implantation of the Sutra Hemi-valve transcatheter mitral valve repair system [1] - Corning Jereh Pharmaceutical-B (09966) received acceptance from the National Medical Products Administration for the new drug application of KN026 (Anni monoclonal antibody injection) [1] - Nissin Foods (01475) invested 30.68 million yuan to acquire two plots of land in Zhuhai for the construction of new production facilities [1] - Nocoda Technology (00519) signed a cooperation agreement for low-altitude economic intelligent drones [1] Financial Data - Country Garden Holdings (00754) reported total contract sales of approximately 9.902 billion yuan for the first eight months, a year-on-year decrease of 15.56% [1] - China General Nuclear Power Corporation (01811) completed a power generation of 1,543.7 GWh in August, a year-on-year decrease of 5.7% [1] - Xinte Energy (00956) achieved a cumulative power generation of 9.8787 million MWh in the first eight months, a year-on-year increase of 10.55% [1] - Oceanwide Holdings (03377) reported a cumulative contracted sales amount of approximately 16.44 billion yuan for the first eight months, a year-on-year decrease of 25.88% [1]

Group 1: Project Development and Performance - The company aims to achieve a target of 10,000 MW in new project indicators for the year, with 3,670,000 kW already secured in the first half of 2025 [2][3] - The company is focusing on optimizing its development layout by shifting from solar to wind energy and from the northwest to the central and eastern regions [3][5] - As of June 2025, the company has an operational installed capacity of 19,925,500 kW, with an equity ratio of approximately 68% [17] Group 2: Financial Performance and Subsidies - The company has received over 1.667 billion yuan in subsidies as of August 2025, with plans to ensure all subsidies are collected [20][21] - The company is actively managing its financial performance, linking management assessments to market value management indicators [6][7] - The company plans to implement a share buyback program pending shareholder approval [10][12] Group 3: Technology and Innovation - The company is advancing the application of synchronous voltage source technology, with successful demonstrations in wind farms and ongoing tests in photovoltaic projects [4][14] - The company is also working on liquid air energy storage technology, with plans for grid connection by the end of the year [17][19] - The company emphasizes technological innovation as a core driver for high-quality development, including AI applications in power marketing and investment decision-making [23] Group 4: Market Challenges and Strategies - The company faces challenges related to power consumption and grid connection, particularly in Xinjiang, where average curtailment rates have increased [9][22] - The company is committed to enhancing its power marketing capabilities and improving electricity pricing through strategic partnerships with high-energy-consuming enterprises [22] - The company acknowledges the impact of macroeconomic factors and investor sentiment on its stock price, emphasizing ongoing value management efforts [12][30]

Core Insights - Jiangsu province has achieved a significant milestone by integrating over 20 million kilowatts of renewable energy into its grid, making Yancheng the first city in the Yangtze River Delta to surpass this capacity [1] - The renewable energy mix in Yancheng consists of 48% wind power and 51% solar power, with a total generation of 24.55 billion kilowatt-hours from January to August this year [1] - The State Grid Jiangsu Electric Power Company is enhancing its grid infrastructure to support the increased renewable energy capacity and facilitate the delivery of green electricity [2] Group 1 - Yancheng has become the first city in the Yangtze River Delta to exceed 20 million kilowatts of renewable energy capacity [1] - The renewable energy capacity in Yancheng includes 48% from wind and 51% from solar [1] - The total renewable energy generation in Yancheng from January to August reached 24.55 billion kilowatt-hours [1] Group 2 - The State Grid Jiangsu Electric Power Company has launched several major projects to improve the transmission capacity of renewable energy, including the 500 kV coastal second channel and the Gao Rong 500 kV substation project [2] - Jiangsu has established a total of 8 cross-river transmission channels with a combined transmission capacity of nearly 25 million kilowatts [2] - The maximum daily green electricity transmission capacity is expected to exceed 350 million kilowatt-hours by the summer of 2025 [2]