截至2025年12月31日，本公司2025年累计完成发电量76,469,353兆瓦时，较2024年同期同比增长 1.22%，剔除火电影响同比增长11.82%，其中风电同比增长4.19%，光伏同比增长70.92%。 格隆汇1月9日丨龙源电力(00916.HK)公告，2025年12月按合并报表口径完成发电量7,372,982兆瓦时，较 2024年同期同比增长9.57%。本月风电发电量同比增长4.36%，光伏发电量同比增长55.35%。 ...

人民财讯1月9日电，龙源电力（001289）1月9日发布2025年12月发电量数据公告，公司2025年12月按合 并报表口径完成发电量737.3万兆瓦时，较2024年同期同比增长9.57%。2025年12月风电发电量同比增长 4.36%，光伏发电量同比增长55.35%。截至2025年12月31日，本公司2025年累计完成发电量7646.94万兆 瓦时，较2024年同期同比增长1.22%，剔除火电影响同比增长11.82%，其中风电同比增长4.19%，光伏 同比增长70.92%。 ...

Core Viewpoint - Zhejiang Energy Group achieved record-high power generation and energy supply in 2025, with a total power generation of 211.5 billion kWh, coal supply of 75.23 million tons, gas supply of 14.9 billion cubic meters, and heat supply of 138.16 million GJ, all showing year-on-year growth, demonstrating high-quality energy supply capabilities [1][3]. Group 1: Energy Supply Achievements - In 2025, Zhejiang Energy Group's total power generation reached 211.5 billion kWh, marking a historical high [1]. - The company completed nearly 5 million kW of new installed capacity, contributing to the energy supply stability and safety [3]. - The group successfully launched several major projects, including the expansion of existing power plants and the construction of new units, all designed to meet leading domestic standards for coal consumption and emissions [3]. Group 2: Operational Efficiency - During peak summer demand, Zhejiang Energy Group's power generation units played a crucial role in ensuring energy supply, effectively managing equipment reliability and load capacity [4]. - The company implemented a comprehensive management strategy to enhance equipment reliability and address output constraints, ensuring maximum generation capacity [4]. Group 3: Fuel Supply and Infrastructure - Zhejiang Energy Group's fuel supply strategy, supported by a complete industrial chain, ensured effective coal supply to power plants, achieving record throughput at its port facilities [6]. - The company met its annual targets for coal import and throughput, reaching 15 million tons and 30 million tons respectively, both setting new records [6]. Group 4: Natural Gas and Renewable Energy - The natural gas division established a comprehensive supply system, optimizing the energy structure and enhancing public welfare [9]. - The Wenzhou LNG receiving station set a record for peak output, ensuring sufficient supply during high-demand periods [9]. - The company is advancing its green transition by expanding renewable energy projects, achieving a twofold increase in renewable energy installed capacity compared to the end of the 13th Five-Year Plan [9]. Group 5: Winter Preparedness - As winter approaches, the company is focusing on detailed deployment across power generation, coal supply, gas supply, and heating to enhance supply capabilities and ensure stable energy for the public [10].

格隆汇1月9日丨龙源电力(001289.SZ)公布，2025年12月按合并报表口径完成发电量7,372,982兆瓦时， 较2024年同期同比增长9.57%。本月风电发电量同比增长4.36%，光伏发电量同比增长55.35%。截至 2025年12月31日，本公司2025年累计完成发电量76,469,353兆瓦时，较2024年同期同比增长1.22%，剔 除火电影响同比增长11.82%，其中风电同比增长4.19%，光伏同比增长70.92%。 ...

在此之前，部分省份的市场管理员（政府）在菜市场门口悬挂了一张价目表，明确规定"早市5元/斤、 午市3元/斤、晚市2元/斤"，无论是何种菜贩、何种规模的饭店，均需按照既定的价目表进行批发交易。 即便是用量巨大的万吨级大饭店，也没有议价空间，既不能提出"我主要在凌晨进货，能否按便宜时段 计价"，也不能协商"一次性采购10吨，是否可以签订全年包价协议"。这种统一定价、统一时段的做法 在市场建设初期有利于简化规则、降低管理成本。但随着交易规模扩大和主体类型多样化，其交易安排 高度刚性，价格信号难以及时反映真实供需变化，行政设定的高、低价时段与市场运行脱节，整体市场 配置效率偏低等弊端逐步显现。 从"统一定价"到"自主灵活" 《规则》第三十五条规定："对直接参与市场交易的经营主体，不再人为规定分时电价水平和时段。" 现在，市场管理员说"我不再硬性规定什么时候高价、什么时候低价了。你们买卖双方自己谈，按不同 时段分别定价交易"。因此，例如某个饭店主要在凌晨采购白菜，而此时正好是某位菜贩蔬菜供应充足 的时段，双方即可协商形成一个更低的交易价格，实现供需匹配和互利共赢。 对应到电力市场，这意味着直接参与市场交易的电力用户可以 ...

第1笔成交价格为11.76元，成交169.00万股，成交金额1,987.44万元，溢价率为-4.93%，买方营业部为国 信证券股份有限公司成都沙湾路证券营业部，卖方营业部为申万宏源证券有限公司成都温江南江路证券 营业部。 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 1月9日，川能动力平收，收盘价为12.37元，发生1笔大宗交易，合计成交量169万股，成交金额1987.44 万元。 进一步统计，近3个月内该股累计发生4笔大宗交易，合计成交金额为6176.97万元。该股近5个交易日累 计上涨6.18%，主力资金合计净流出1.3亿元。 责任编辑：小浪快报 ...

Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core Viewpoints of the Report - The State Grid Corporation, in collaboration with market entities, has established a provincial - level power spot market, achieving coordinated operation of provincial and provincial - level spot markets, laying a solid foundation for the construction of a unified national power market [2] Group 3: Summary of Market Mechanism Design Market Construction Foundation - China's large - scale interconnected power grid with a cross - provincial and cross - regional transmission capacity of 350 million kilowatts provides a solid material basis for the construction of provincial - level spot transactions [7] Market Construction Orientation - Implement the national energy strategy, build a competitive power market system, and use cross - provincial and cross - regional transmission channels to achieve power surplus and shortage mutual assistance, promote large - scale clean energy consumption, and optimize resource allocation [10] Market Construction Ideas - On the basis of long - term cross - provincial and cross - regional transactions, conduct pre - balance between sending and receiving ends. When there is surplus capacity at the sending end, remaining channel space, and power purchase demand at the receiving end, organize market entities to bid and quote prices, and conduct centralized bidding in the day - ahead and intra - day markets to achieve power surplus and shortage mutual assistance and large - scale clean energy consumption [14] Market Constituent Elements - Market participants include all types of power generation entities, receiving - end provincial power grid enterprises, large users, and power sales companies. The market scope covers the areas served by the State Grid and Inner Mongolia Power Company. The trading cycle includes day - ahead and intra - day trading [20] Trading Network Model - Build a provincial - level spot trading network model with provincial power grids as the main nodes, which reflects the physical characteristics of provincial - level transactions. Use a path - finding algorithm to search for trading paths [22] Market Bidding Mechanism - Adopt centralized bidding considering channel security constraints, network losses, and transmission prices. Sort and match according to the decreasing price difference between buyers and sellers, and price according to the marginal clearing price on the power - selling side [25] Multi - level Market Coordination - For the connection between provincial and intra - provincial markets, use intra - provincial pre - clearing results as the basis for participating in provincial markets, and provincial trading results as the boundary for intra - provincial market operations. For the connection between long - term and spot markets, conduct provincial - level spot trading using the surplus capacity of provincial - level channels while ensuring the implementation of long - term provincial - level transactions [29] Group 4: Summary of Market Operation Situation Overall Overview - The provincial - level spot market covers the "company + western Inner Mongolia" area. In 2024, the total trading volume was 37.6 billion kilowatt - hours, a year - on - year increase of 18%. The trading volume of clean energy was 14.9 billion kilowatt - hours, accounting for 40%. The average selling - end transaction price was 0.4124 yuan/kilowatt - hour, a year - on - year increase of 14.7% [35] Transaction Volume Analysis - In terms of monthly distribution, the daily average transaction volume fluctuates around 100 million kilowatt - hours, being higher in summer and autumn. In terms of provincial distribution, Hubei, Sichuan, Ningxia, Shanxi, and Gansu had sales of over 2 billion kilowatt - hours, accounting for 59.4%. Buyers are mainly concentrated in East and Southwest China. In terms of regional distribution, the cross - regional transaction volume in 2024 was 33.7 billion kilowatt - hours, accounting for 90% [40][43][48] Transaction Price Analysis - The average transaction price in 2024 was 0.412 yuan/kilowatt - hour, with a maximum of 2.196 yuan/kilowatt - hour and a minimum of 0.00002 yuan/kilowatt - hour. The intra - day "peak - valley" price difference is obvious, showing a "high in autumn, low in spring" pattern [51][54] Analysis by Energy Type - New energy transactions are concentrated in spring, thermal power in summer and winter, and hydropower from June to July. In 2024, thermal power transactions were 22.7 billion kilowatt - hours, a year - on - year increase of 23.12%; hydropower transactions were 5.17 billion kilowatt - hours, a year - on - year decrease of 3.01%; new energy transactions were 9.77 billion kilowatt - hours, a year - on - year increase of 19.27% [58] Analysis of Market Participant Behavior - 98.2% of sellers' declared volume is below 0.5 yuan/kilowatt - hour, and nearly 90% of buyers' declared volume is below 1.0 yuan/kilowatt - hour. Some regions can flexibly change their roles as power buyers or sellers, reducing unit starts and stops and correcting long - term transaction deviations [63][68] Analysis of Unsuccessful Transaction Causes - The surplus power resources in the market have increased by nearly 40% compared to the previous year. The main reasons for unsuccessful transactions are the mismatch between power generation and consumption, especially the overlapping of photovoltaic power generation at noon, and the limited cross - provincial and cross - regional transmission capacity [71] Group 5: Summary of Market Practice Achievements - A multi - level unified power market system has been initially established, and the provincial - level power spot market has officially started operation [76] - The power production organization has achieved a market - oriented transformation, and the operation level of the power system has been significantly improved [81] - A "flexible up - and - down" market price mechanism has been formed, guiding market participants to participate in grid operation regulation and alleviating system operation pressure [84] - The overall power supply guarantee capacity has been effectively improved, and the provincial - level spot market has played a role in balancing power supply and demand during peak periods [87] - A spot consumption mechanism suitable for new energy has been established, reducing the abandonment of wind, solar, and hydropower [90] Group 6: Summary of Market Exploration Outlook - Under the guidance of government departments, improve and enrich the functions of the provincial - level spot market, including expanding the market scope, increasing trading flexibility, and enhancing market optimization effects [96]

智通财经APP讯，龙源电力(001289.SZ)公告，公司2025年12月按合并报表口径完成发电量7,372,982兆瓦 时，较2024年同期同比增长9.57%。本月风电发电量同比增长4.36%，光伏发电量同比增长55.35%。 ...

国家知识产权局信息显示，北京京能电力股份有限公司取得一项名为"给水设备及其混合调速控制方 法、装置和存储介质"的专利，授权公告号CN115234897B，申请日期为2022年7月。 天眼查资料显示，北京京能电力股份有限公司，成立于2000年，位于北京市，是一家以从事电力、热力 生产和供应业为主的企业。企业注册资本669462.1015万人民币。通过天眼查大数据分析，北京京能电 力股份有限公司共对外投资了81家企业，参与招投标项目764次，财产线索方面有商标信息10条，专利 信息404条，此外企业还拥有行政许可10个。 内蒙古京隆发电有限责任公司，成立于2003年，位于乌兰察布市，是一家以从事电力、热力生产和供应 业为主的企业。企业注册资本187743.2万人民币。通过天眼查大数据分析，内蒙古京隆发电有限责任公 司共对外投资了1家企业，参与招投标项目5000次，专利信息110条，此外企业还拥有行政许可16个。 北京华泰润达节能科技有限公司，成立于2011年，位于北京市，是一家以从事科技推广和应用服务业为 主的企业。企业注册资本5000万人民币。通过天眼查大数据分析，北京华泰润达节能科技有限公司共对 外投资了2家 ...

龙源电力公告，2025年12月按合并报表口径完成发电量737.3万兆瓦时，较2024年同期同比增长9.57%。 本月风电发电量同比增长4.36%，光伏发电量同比增长55.35%。截至2025年12月31日，2025年累计完成 发电量7646.94万兆瓦时，较2024年同期同比增长1.22%，剔除火电影响同比增长11.82%，其中风电同比 增长4.19%，光伏同比增长70.92%。 ...