（来源：千龙网） 大年初一深夜，宁德核电站大修现场，中广核CRDM热套管维修团队正进行着一场"心脏手术"前的最后 准备。现场实施负责人王海滨紧盯着监视屏，反复确认水下摄像头的视角，一旁的操作员等待着指令。 此时，现场所有人的目光都聚焦在王海滨手中的"银色长杆"上。这根长十余米的"银色长杆"是团队自主 研发的一体化远程专用工具，能在反应堆构件池下完成一系列精密的水下修复作业。 "工况确认完毕，摄像头清晰，具备作业条件。"王海滨说完，操作员按下长杆的启动按钮，屏幕上的图 像随之轻微晃动。 一场"从0到1"的科技自立之战 CRDM是核电站反应堆压力容器顶盖上的控制棒驱动机构，控制着核反应的启动、调节与紧急停堆。其 中的热套管，则是确保控制棒精准动作的关键部件，一旦出现缺陷，就可能导致机组非计划停堆。 长期以来，这项维修技术被国外垄断，而这个春节，中广核的工程师们在红沿河和宁德基地，用完全自 主、更先进的方案，为机组进行了一次"心脏微创手术"。 "不接受议价""预案类工具只租不售""现场维修时，中方人员不准触碰设备"……这是2015年国外维修商 前来维修反应堆控制棒导向筒时提出的一系列苛刻条款，让当时负责项目团队能力 ...

Core Insights - Japan's oil and gas self-sufficiency rate has surged to 42.1%, the highest level since 2009, marking a significant recovery from a low of under 10% post-Fukushima disaster [2][3] Group 1: Background - Japan is heavily reliant on energy imports, previously exceeding 92% dependency, and has been the world's third-largest oil and gas importer [3] - Following the Fukushima nuclear disaster in 2011, Japan's nuclear power generation halted, leading to increased reliance on imported oil and gas, resulting in substantial trade deficits [3] Group 2: Reasons for the Surge - The increase in self-sufficiency is attributed to three main actions: - Significant investment in domestic oil and gas production, with over a trillion yen spent on upgrading technology in local oil fields, leading to a projected 28% increase in domestic crude oil production and a 22% increase in natural gas production by 2025 [5] - Acceleration of nuclear power plant restarts, with over 10 reactors back online, raising nuclear's share in the energy mix from under 3% to 18% [6][7] - Implementation of energy-saving technologies and growth in renewable energy, with industrial energy consumption down by 11% and renewable energy generation exceeding 25% [7][9] Group 3: Economic Implications - The rise in self-sufficiency is expected to reverse Japan's trade deficit, potentially saving over ten trillion yen annually on energy imports, thus stabilizing the yen [10] - The manufacturing sector, particularly in automotive and electronics, will benefit from reduced energy costs, improving profit margins and retaining jobs [11] - Enhanced energy self-sufficiency increases Japan's economic resilience against global geopolitical tensions and energy supply disruptions [12] Group 4: Broader Context - Japan's energy self-sufficiency surge reflects a broader global shift from prioritizing efficiency to ensuring energy security, indicating a significant transformation in global energy dynamics [14]

Core Viewpoint - The construction of the Taipingling and Lufeng nuclear power projects in Guangdong is progressing steadily, with a focus on the "Hualong One" third-generation nuclear technology, showcasing China's capabilities in nuclear power development [1][6]. Group 1: Taipingling Nuclear Power Project - The construction site of the Taipingling nuclear power project is busy, with over 2,500 workers on-site to ensure the continuous development of the "Hualong One" technology [1]. - The nuclear island of Unit 3 has reached ground level, with ongoing multi-process operations including rebar binding and formwork installation [3]. - Preparations for the first concrete pouring (FCD) of Unit 4 have been completed, with over 20 specific inspection items established to ensure quality [3]. Group 2: Safety and Management - The project implements a daily risk pre-control morning meeting system, conducting thorough inspections of high-risk areas, resulting in the elimination of over 20 safety hazards [3]. - The construction site employs zoned management, ensuring controlled processes for personnel entry, material transport, and large machinery operations [3]. Group 3: Lufeng Nuclear Power Project - The construction of the conventional island for Units 5 and 6 at the Lufeng nuclear power project is fully underway, with over 1,000 workers continuously operating during the Spring Festival [6]. - The project team has applied nine advanced construction technologies and 52 minor innovations since 2025, including the first use of prefabricated corridor modules in domestic nuclear power construction [6]. - The shift from cast-in-place to prefabricated corridors has effectively shortened construction cycles and improved building efficiency [6].

探索建立体现核电低碳价值的制度，鼓励煤电机组在重污染天气预警期间降低交易电量。 国际能源署2月6日发布的报告预测，从现在到2030年，全球电力需求年均增速将超过3.5%，到2030 年，全球电力结构中可再生能源与核电的合计占比将升至50%。 国务院办公厅印发《关于完善全国统一电力市场体系的实施意见》。 核电产业链相关港股： 其中提出，推动分布式电源公平承担系统调节成本，支持分布式新能源以聚合交易、直接交易等模式参 与市场。进一步优化煤电机组运营模式，合理确定机组开机方式和调峰深度，上网电量全部参与电力市 场，通过多种交易类型获得收益以覆盖建设运营成本。在保障能源安全的基础上，分品种有节奏推进气 电、水电、核电等电源进入电力市场。 中广核电力(01816)、中核国际、中广核矿业(01164) 中信证券研报认为，AI需求引发全球核电行业全面复兴，高利润率高成长的核电制造业估值有望重 估。国内核电已进入常态化核准及建设高峰期，预计零部件将于2026年起进入交付高峰，带来行业利润 加速释放。 同时先进反应堆、核技术应用、出口、乏燃料后处理等多维需求贡献显著增量。远期来看，核聚变带来 的估值基准切换有望大幅提升板块估值 ...

国务院办公厅印发《关于完善全国统一电力市场体系的实施意见》。 其中提出，推动分布式电源公平承担系统调节成本，支持分布式新能源以聚合交易、直接交易等模式参 与市场。进一步优化煤电机组运营模式，合理确定机组开机方式和调峰深度，上网电量全部参与电力市 场，通过多种交易类型获得收益以覆盖建设运营成本。在保障能源安全的基础上，分品种有节奏推进气 电、水电（核心股）、核电（核心股）等电源进入电力市场。 探索建立体现核电（核心股）低碳价值的制度，鼓励煤电机组在重污染天气预警期间降低交易电量。 智通财经获悉，国际能源署2月6日发布的报告预测，从现在到2030年，全球电力需求年均增速将超过 3.5%，到2030年，全球电力结构中可再生能源与核电（核心股）的合计占比将升至50%。 中信证券研报认为，AI 需求引发全球核电（核心股）行业全面复兴，高利润率高成长的核电制造业估 值有望重估。国内核电已进入常态化核准及建设高峰期，预计零部件将于 2026 年起进入交付高峰，带 来行业利润加速释放。 同时先进反应堆、核技术应用、出口、乏燃料后处理等多维需求贡献显著增量。远期来看，核聚变带来 的估值基准切换有望大幅提升板块估值，对核电（核心 ...

国务院办公厅印发《关于完善全国统一电力市场体系的实施意见》。 同时先进反应堆、核技术应用、出口、乏燃料后处理等多维需求贡献显著增量。远期来看，核聚变带来 的估值基准切换有望大幅提升板块估值，对核电行业坚定推荐。 核电产业链相关港股： 中广核电力(01816)、中核国际、中广核矿业（01164） 智通财经APP获悉，国际能源署2月6日发布的报告预测，从现在到2030年，全球电力需求年均增速将超 过3.5%，到2030年，全球电力结构中可再生能源与核电的合计占比将升至50%。 中信证券研报认为，AI 需求引发全球核电行业全面复兴，高利润率高成长的核电制造业估值有望重 估。国内核电已进入常态化核准及建设高峰期，预计零部件将于 2026 年起进入交付高峰，带来行业利 润加速释放。 其中提出，推动分布式电源公平承担系统调节成本，支持分布式新能源以聚合交易、直接交易等模式参 与市场。进一步优化煤电机组运营模式，合理确定机组开机方式和调峰深度，上网电量全部参与电力市 场，通过多种交易类型获得收益以覆盖建设运营成本。在保障能源安全的基础上，分品种有节奏推进气 电、水电、核电等电源进入电力市场。 探索建立体现核电低碳价值的制度 ...

Core Viewpoint - The South Korean government has decided to proceed with the construction of two new nuclear power plants as part of its 11th Basic Plan for Electricity Supply and Demand, despite initial plans for a comprehensive review and public consultation [1][2] Group 1: Government Plans and Policies - The Ministry of Climate, Energy and Environment has confirmed that new nuclear power construction will continue as planned due to the rapid increase in electricity demand from AI and data centers [1] - The 11th Basic Plan includes the construction of two nuclear power units with a total capacity of 2.8 GW, scheduled for completion in 2037 and 2038, along with a 0.7 GW small modular reactor (SMR) to be introduced before 2035 [1] - The government has reversed its stance on the nuclear power projects after discussions and polling indicated public support, emphasizing the need to reduce coal and LNG power generation to meet climate goals [1] Group 2: Industry Concerns and Requirements - The Korean Atomic Energy Society has indicated that to maintain a nuclear power share of 35% by 2038, an additional 20 large nuclear plants and 12 SMRs will need to be constructed by 2050 [1] - The new nuclear projects will be initiated by Korea Hydro & Nuclear Power, with the aim to secure approvals in the early 2030s and complete construction by 2037-2038, although there are concerns about potential delays due to policy changes [2] - The government plans to enhance energy storage systems (ESS) and pumped storage to address the intermittency of renewable energy while improving the operational flexibility of nuclear power units [1]

Core Viewpoint - The demand for AI is driving a global revival in the nuclear power industry, leading to a potential revaluation of high-margin, high-growth nuclear manufacturing sectors [1] Group 1: Industry Growth and Valuation - The nuclear power sector in China has entered a normalization phase for approvals and construction, with component deliveries expected to peak in 2026, resulting in accelerated profit release for the industry [2] - The core equipment of nuclear islands has a gross margin exceeding 30%, but the long-term valuation of nuclear component companies has been limited due to market skepticism regarding the industry's long-term growth potential [1][2] Group 2: Multi-Dimensional Demand Growth - Advanced reactor technologies, including high-temperature gas-cooled reactors and thorium molten salt reactors, are being developed, with significant investments projected in small modular reactors (SMRs) expected to reach $670 billion globally by 2050 [3] - The nuclear technology application market is anticipated to exceed 600 billion yuan by 2030, with additional contributions from nuclear exports and spent fuel reprocessing [3] Group 3: Fusion Technology and Valuation Shift - Nuclear fusion, regarded as the "ultimate energy source," is becoming a definitive development direction, with over 300 billion yuan in capital expenditure expected during the 14th Five-Year Plan, which will accelerate industry growth [4] - As domestic and international technologies advance, a shift from experimental to commercial nuclear fusion is anticipated, potentially leading to a significant increase in the overall valuation of the nuclear power sector [4]

Group 1 - The core viewpoint of the news highlights the recent trading performance and financial results of Oklo Inc. (OKLO) as of February 2026 [1] - Oklo's stock had a trading volume of $618 million on February 9, 2026, with a daily increase of 5.56%, closing at $75.05, although the stock has seen a cumulative decline of 5.74% in February [1] - The latest financial report for Oklo covers the third quarter of the fiscal year 2025, showing a net loss of $64.217 million, which represents a year-over-year increase in losses of 4.81% [1] Group 2 - Oklo is focused on developing advanced fast fission nuclear power plants, with its flagship product, the Aurora plant, aimed at providing clean energy and commercializing nuclear fuel recycling technology [2]

（原标题：越南国家核电站建设指委会召开第五次会议） 指委会报告指出，过去一年，相关部委机关持续推进与俄罗斯关于合作建设宁顺一号核电站政府间 协定的签署与批准手续，成立国家评审委员会，开展项目材料审定及投资主张调整，推进国家出口信贷 协定谈判。成立宁顺二号项目工作组，与潜在合作伙伴就投资建设及信贷支持开展对接，完善项目预可 行性研究报告，提请有关机关审定投资主张。 越通社2月12日报道，越南总理、国家核电站建设指委会主任范明政当日主持召开指委会第五次会 议，各副总理、相关部委、中央机关及庆和省领导、越南国家油气集团、越南电力集团代表出席会议。 范表示，核电站建设项目是国家重点工程，具有百年战略视野，必须以最高度的紧迫感和责任心， 全力推进各项工作。科技部要继续研究、制定、完善核电项目相关标准规范、流程与规定。庆和省需加 快推进征地补偿、居民安置等事项，切实保障人民群众合法正当权益。外交部牵头与国际合作伙伴就宁 顺二号核电项目的交流谈判。 ...