环境成本将显性化为碳成本，嵌入工业品定价。具备"负碳"或"低碳"属性的 资产（绿铝、绿氢氨醇、零碳园区等）将获得绿色溢价；而高碳资产（工艺落后 的火电、钢铁、水泥、电解铝等）将面临利润的侵蚀。 2026 年 2 月 26 日 行业研究 碳排放双控转型推动碳成本重估，看好绿电的非电应用 ——碳中和深度报告（十四） 要点 在全球能源转型进入深水区的当下，过去十年的主题是绿电替代火电逻辑下风光 装机的增长，那么未来十年的核心逻辑将是绿电的"非电化应用"——即通过绿 氢、绿氨、绿醇等载体，将不稳定的可再生能源转化为稳定的工业原料和热能， 从而解决钢铁、化工、航运等行业的脱碳难题。 国内从"能耗双控"向"碳排放双控"的考核机制转变，使得高能耗不再是发展 的红线，高碳排才是；欧盟碳边境调节机制（CBAM）的实质性落地，迫使中国 出口型制造企业必须寻找绿电之外的脱碳路径。这种剪刀差效应将催生出巨大的 "绿电转化"市场。我们判断，2026-2030 年将是绿氢氨醇从工程示范走向平价 商业化的关键窗口期。 绿氢是绿电的核心非电应用，是碳双控政策转向的受益方向。在钢铁（氢冶金）、 化工（绿氨、绿甲醇）行业，绿氢可替代煤炭或天然气 ...

中国科学院院士和中国工程院院士投票评选的2025年中国十大科技进展新闻、世界十大科技进展新 闻，1月26日下午在北京揭晓。其中，中国"人造太阳"(EAST)创造"亿度千秒"世界纪录等入选2025年中 国十大科技进展。 2025年中国十大科技进展新闻分别是： ——中国"人造太阳"(EAST)创造"亿度千秒"世界纪录。中国有"人造太阳"之称的全超导托卡马克核 聚变实验装置(EAST)在安徽合肥创造新世界纪录，其首次完成1亿摄氏度1066秒"高质量燃烧"，标志着 中国聚变能源研究实现从基础科学向工程实践的重大跨越，对人类加快实现聚变发电具有重要意义。 EAST形如"巨罐"，集"超高温""超低温""超高真空""超强磁场""超大电流"等尖端技术于一体，近百 万个零部件协同工作，拥有专利近2000项。10余年来，EAST历经15万多次实验，最终实现"亿度千 秒"的长脉冲高约束模等离子体运行，攀上新的科学高峰。 ——深度求索(DeepSeek)公司另辟蹊径推出中国AI。成立仅一年多的深度求索公司，推出新一代大 模型R1，在性能比肩OpenAI o1正式版的同时，实现超低训练成本，并且全面开源，给全球人工智能 (AI)界带来 ...

Group 1: China's Top Ten Scientific Advances of 2025 - The "artificial sun" EAST achieved a world record of "one billion degrees for a thousand seconds" [1] - DeepSeek company introduced a new AI technology in China [1] - The construction of a thorium molten salt reactor marks a breakthrough in China's nuclear energy technology [1] - A liver cancer prediction system was featured on the cover of "Nature" magazine, serving a global audience [1] - The "North Brain No. 1" completed its first batch of wireless full-body implants [1] - A novel innovative target and candidate new drug for Parkinson's disease was discovered [1] - The superconducting quantum computing prototype "Zu Chongzhi No. 3" was unveiled [1] - Chinese scientists successfully developed a new hydrogen production technology [1] - Significant breakthroughs were made in the protection technology of black soil in the "Black Soil Granary" campaign [1] - Chinese scientists achieved new advancements in 6G wireless communication [1] Group 2: World's Top Ten Scientific Advances of 2025 - Brain-machine interfaces enabled patients to express emotions through speech and song, translating thoughts into language in real-time [2] - An integrated chip system combining electronics, photonics, and quantum technology was developed [2] - The largest black hole merger event ever detected challenges existing black hole formation models [2] - Scientists discovered the highest energy neutrino to date, which is 20 times more energetic than previous detections [2] - The first visible "time crystal" was created [2] - Transgenic pig organ transplants set a record for survival time [2] - Ground-based telescopes detected signals from the universe dating back 13 billion years [2] - The largest cosmic map to date was published [2] - The most detailed brain "map" was created, describing numerous neurons and their activities [2] - "Deep Thinking" announced that its artificial intelligence test scores reached the level of an international mathematics Olympiad gold medal [2]

Core Insights - The 2025 China and World Top Ten Scientific Advances were announced, highlighting significant achievements in various fields of science and technology [2][13]. Group 1: China's Top Ten Scientific Advances - The "artificial sun" EAST achieved a world record of 1 billion degrees Celsius for 1066 seconds, marking a major leap in fusion energy research [14]. - DeepSeek launched a new AI model R1, which matches the performance of OpenAI's models while significantly reducing training costs and being fully open-source [15]. - A thorium-based molten salt reactor was built, achieving thorium-uranium fuel conversion and demonstrating the feasibility of using thorium resources in nuclear energy [15]. - A high-precision AI diagnostic tool for predicting liver cancer recurrence was developed, achieving an accuracy rate of 82.2% and featured on the cover of Nature [16]. - The "North Brain No. 1" wireless brain-computer interface was successfully implanted, enabling patients with speech impairments to communicate effectively [17]. - A novel target for Parkinson's disease was discovered, providing new hope for treatment and drug development [18]. - The "Zu Chongzhi No. 3" superconducting quantum computer was built, outperforming the fastest supercomputers by a factor of 10 trillion [19]. - New hydrogen production technology was developed, eliminating CO2 emissions and achieving high hydrogen yield [20]. - Significant breakthroughs in black soil protection technology were reported, supporting sustainable agricultural practices [21]. - A new ultra-wideband optoelectronic integrated system for 6G communication was developed, enabling high-speed wireless communication across a wide frequency range [22]. Group 2: World Top Ten Scientific Advances - Brain-computer interfaces allow patients to express emotions through speech and song, translating thoughts into language in real-time [23]. - An integrated chip system combining electronics, photonics, and quantum technology was created [23]. - The largest black hole merger event was detected, challenging existing black hole formation models [23]. - The highest energy neutrino ever detected was found, being 20 times more energetic than previous detections [23]. - The first visible "time crystal" was created [23]. - Transgenic pig organ transplants set a new record for survival time [23]. - Ground-based telescopes detected signals from 13 billion years ago [23]. - The largest cosmic map to date was produced [23]. - The most detailed brain map was created, describing numerous neurons and their activities [23]. - "Deep Thinking" announced AI test scores equivalent to gold medal levels in international mathematics competitions [23].

Domestic News - Chongqing has added 160 million yuan in automobile replacement and scrapping subsidies to boost car consumption, bringing the total subsidy amount to 185 million yuan [2] - The Industrial Internet Research Institute of China has launched the first industrial data resource database, which consolidates key data for industrial AI model training [3] - The first highway expansion project in China, converting a 6-lane highway to 12 lanes, has been completed, enhancing the capacity of the Beijing-Taipei Expressway in Shandong [4] International News - Russia has extended its temporary export ban on automotive gasoline until February 28, 2026, affecting all exporters, including direct producers [5] - Chile has formed a new joint venture between its state-owned copper company and a lithium giant to enhance lithium exploration and production in the Atacama salt flat [6] - The UK has seen a significant slowdown in the construction of public charging stations, with only 13,500 new stations added by the end of November, marking the lowest growth rate since 2022 [7] Corporate News - XPeng Motors and Peking University have proposed a new visual token pruning framework for autonomous driving models, aiming for L4 capabilities [8] - The first fully compliant autonomous logistics vehicle is set to launch in early 2026, as announced at the 2025 China New Energy Unmanned Vehicle Ecological Conference [9] - A joint research team has achieved a breakthrough in direct seawater electrolysis for hydrogen production, marking a significant step towards industrialization [10] - GAC Group is collaborating with China Aerospace to develop a prototype for a manned lunar rover [11] - Mercedes-Benz (Shanghai) Digital Technology Co., Ltd. has increased its registered capital from 1 million to 50 million yuan, reflecting a 4900% increase [12]

Core Insights - Inner Mongolia has made significant progress in the large-scale production of green hydrogen, with production continuing to grow and exceeding the annual target of 10,000 tons by reaching 11,265 tons by December 15, 2025, which is four times the total production for 2024 and positions it as a national leader [1] Policy and Implementation - The Inner Mongolia Energy Bureau has introduced five new policy measures this year to accelerate the implementation of wind and solar hydrogen production projects, building on an existing framework of 14 policies [1] - The Energy Bureau has actively engaged with projects on-site to address urgent issues faced by enterprises [1] Project Status - Key projects such as the Huadian Baotou project, Datang Ximeng project, and Envision Chifeng project have achieved stable production operations [1] - Other completed projects are currently in the debugging phase to convert capacity into actual production, while ongoing projects are being expedited to support stable capacity enhancement [1]

Core Insights - Inner Mongolia's green hydrogen production has shown continuous growth in 2023, achieving a production of 11,265 tons by December 15, 2025, which exceeds the annual target of 10,000 tons and is four times the total production for 2024, positioning Inner Mongolia as a national leader in green hydrogen production [1] Group 1: Production and Policy Measures - The Inner Mongolia Energy Bureau has implemented five new policy measures this year to accelerate the implementation of wind and solar hydrogen production projects, building on an existing framework of 14 policies [1] - Key projects such as the Huadian Baotou project, Datang Ximeng project, and Envision Chifeng project have achieved stable production operations, while other completed projects are in the debugging phase to convert capacity into output [1] Group 2: Future Plans and Infrastructure Development - The Inner Mongolia Energy Bureau plans to leverage the region's resource, industrial, and geographical advantages to expedite the construction and investment in wind and solar hydrogen projects, while also enhancing green hydrogen pipeline infrastructure [1] - There is a focus on expanding the application scenarios for green hydrogen, aiming to establish Inner Mongolia as a leading area in the green hydrogen industry [1]

Core Insights - Inner Mongolia's green hydrogen production has shown continuous growth this year, achieving a total output of 11,265 tons by December 15, 2025, which exceeds the annual target of 10,000 tons and is four times the production expected in 2024, placing it at a national leading level [1] Group 1: Policy and Implementation - The Inner Mongolia Energy Bureau has introduced five new policy measures to accelerate the implementation of wind and solar hydrogen production projects, building on an existing framework of 14 policies [1] - The bureau has actively engaged with frontline projects to address urgent issues faced by enterprises, facilitating smoother operations [1] Group 2: Project Status - Key projects such as the Huadian Baotou project, Datang Ximeng project, and Envision Chifeng project have achieved stable production operations, while other completed projects are in the debugging phase to convert capacity into output [1] - Ongoing projects are being expedited to support stable capacity enhancement [1] Group 3: Future Plans - The Inner Mongolia Energy Bureau plans to leverage regional resources, industry, and location advantages to accelerate the construction and investment in wind and solar hydrogen projects [1] - There is a focus on improving green hydrogen pipeline infrastructure and actively expanding application scenarios for green hydrogen, aiming to establish a leading green hydrogen industry zone [1]

证券日报网讯12月16日，聚杰微纤（300819）在互动平台回答投资者提问时表示，目前，公司正在研发 的碱性电解槽制氢技术(ALK)所涉及的制氢用隔膜，尚未进入量产阶段。现阶段，该隔膜仅向部分电解 水制氢设备生产企业提供，用于测试性应用，尚未产生实际销售业绩。 ...

聚杰微纤（300819.SZ）12月16日在投资者互动平台表示，目前，公司正在研发的碱性电解槽制氢技术 （ALK）所涉及的制氢用隔膜，尚未进入量产阶段。现阶段，该隔膜仅向部分电解水制氢设备生产企 业提供，用于测试性应用，尚未产生实际销售业绩。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：贵司官网业务产品有展示制氢用隔膜，请问这个产品 目前有形成销售吗？有具体的案例吗？ ...