行业研究 行业研究|战略新兴产业之光热发电 战略新兴产业之光热发电 政策+市场双加持 光热发电站上规模化新风口 文/工商部 范昱希 摘要 光热发电通过集热-储能-热力-发电的耦合实现"发电+储能"的一体化能力，具有稳定输 出、广域调峰的独特优势，然而其本身的经济成本、技术复杂程度使得其发展速度滞后于光伏 发电等其他发电方式，但随着新能源发电渗透率不断提升，"调峰需求高企+储能供给不足"催 生光热发电市场需求。同时，经过行业示范项目不断优化、技术不断迭代，当前光热发电已初 步具备规模化基础，但仍存在诸多亟待解决的难点，2025 年 12 月《关于促进光热发电规模化 发展的若干意见》（以下简称"《意见》"）的出台，成为光热发电行业从示范探索迈向规模化发 展的核心政策节点，为行业发展划定了清晰目标与路径。整体来看，光热发电作为构建新型电 力系统重要抓手，其对能源低碳转型与能源安全保障具有关键意义，在市场需求与政策引导的 双重加持下，行业将迎来规模化发展窗口期。 一、光热发电核心特征与技术路径 光热发电即为太阳能热发电，与我们熟知的光伏发电相比，虽然仅有一字之差，但其工作 原理、功能属性、低碳特征大不相同，这种差异决 ...

（来源：中国改革报） 转自：中国改革报 广西南宁抽水蓄能电站库区 新华社记者 周华 摄 尤其值得关注的是，114号文首次提出建立电网侧独立新型储能容量电价机制——对服务于电力系统安 全运行、未参与配储的电网侧独立新型储能电站，各地可给予容量电价。对于长期缺乏稳定收益预期的 独立储能行业而言，此番政策"正名"无异于为其发放了一份"保底工资"，彻底破解了行业发展的收益痛 点。 从行业发展态势看，这一制度安排恰逢其时。一方面，独立储能规模已形成产业规模。国家能源局数据 显示，截至2025年底，全国新型储能累计装机达1.36亿千瓦/3.51亿千瓦时，其中独立储能占比为 51.2%，已成为电力系统调节的重要力量。另一方面，独立储能的系统价值已得到验证。2025年，国家 电网经营区新型储能最大放电电力达4453万千瓦，晚高峰平均顶峰时长2.4小时，在电力供需紧张时刻 展现出可靠的支撑能力，其系统调节价值得到充分印证。 尽管发展势头良好，但独立储能仍面临"成长的烦恼"。在《关于深化新能源上网电价市场化改革促进新 能源高质量发展的通知》（以下简称"136号文"）发布前，独立储能的收入包括容量租赁、电能量交 易、辅助服务，以及 ...

国盛证券还提到，2026年预计新增光伏装机180 GW 至240GW，"十五五"期间年均新增238 GW至287GW，光伏行业需 从"比规模、拼价格"转向"价值竞争"，拓展融合化实践空间，光伏与商业航天、算力等多场景融合，与制氢氨醇等绿 色行业结合；深度参与电力市场、完善市场交易机制，探索"光储"一体化开发模式，加强电网光伏友好型能力建设。 【环球网财经综合报道】国家能源局规划司司长任育之日前表示，将发布实施新型能源体系和一系列分领域能源规 划。 任育之具体提到，一方面，扎实推进战略性标志性重大工程建设，安全有序推进雅下水电工程建设，布局建设"三 北"风电光伏基地、西南水风光一体化基地、沿海核电基地、海上风电基地，优化建设电力、油气等骨干通道；另一 方面，加快建设一批"小而美"项目，实施电动汽车充电网络提升工程，布局建设若干个风光氢氨醇一体化基地，建设 一批光热发电工程。 国盛证券近日发布研报认为，2月11日，国务院办公厅正式印发《关于完善全国统一电力市场体系的实施意见》，首 次以国办名义、从国家统一大市场高度、对电力市场体系进行的顶层设计，提出分品种有节奏推进气电、水电、核电 等电源进入电力市场。 对于资本 ...

Core Viewpoint - The article emphasizes the rapid growth and significant achievements in China's renewable energy sector, highlighting the country's commitment to carbon neutrality and the expansion of its renewable energy capacity by 2025 [1]. Group 1: Renewable Energy Capacity - By 2025, renewable energy installed capacity exceeds 60%, with wind and solar power contributing over 430 million kilowatts of new capacity, surpassing thermal power for the first time [2]. - In 2025, the total installed capacity of renewable energy reaches 2.34 billion kilowatts, a 24% increase year-on-year, accounting for approximately 60% of the national total [2]. Group 2: Renewable Energy Generation - In 2025, renewable energy generation reaches 3.99 trillion kilowatt-hours, a 15% increase, making up 38% of total electricity generation [3]. - The increase in renewable energy generation covers the entire growth in national electricity consumption, with an additional 519.3 billion kilowatt-hours generated from renewable sources [3]. Group 3: Hydropower Development - In 2025, new hydropower capacity adds 12.15 million kilowatts, with total hydropower capacity reaching 450 million kilowatts [3]. - Hydropower generation in 2025 amounts to 1.46 trillion kilowatt-hours, with an average utilization of 3,367 hours [3]. Group 4: Wind Power Development - Wind power sees an increase of 12 million kilowatts in 2025, a 51% year-on-year growth, with 79% of new installations located in the "Three North" regions [4]. - Cumulative wind power capacity reaches 640 million kilowatts, with generation totaling 1.13 trillion kilowatt-hours, reflecting a 13% increase [4]. Group 5: Solar Power Development - Solar power capacity increases by 31.7 million kilowatts in 2025, a 14% growth, with both centralized and distributed solar power contributing significantly [5]. - Total solar power capacity reaches 1.2 billion kilowatts, with generation hitting 1.17 trillion kilowatt-hours, a 40% increase [5]. Group 6: Biomass and Thermal Power Development - Biomass power adds 1.51 million kilowatts in 2025, with total capacity reaching 47.43 million kilowatts and generation increasing by 7% [5]. - Thermal power sees a notable increase in installed capacity and generation, with specific figures indicating a growth trend [5].

Core Viewpoint - The National Energy Administration aims to achieve carbon peak and carbon neutrality by 2025, significantly enhancing the renewable energy system and exceeding the non-fossil energy consumption targets set for the 14th Five-Year Plan [1] Renewable Energy Capacity - The installed capacity of renewable energy has reached a new high, accounting for over 60% of the total, with wind and solar power contributing more than 430 million kilowatts of new capacity, surpassing thermal power for the first time [1] - By the end of 2025, the total installed capacity of renewable energy will reach 2.34 billion kilowatts, a year-on-year increase of 24%, representing approximately 60% of the total national power capacity [1] Renewable Energy Generation - The renewable energy generation is continuously increasing, with nearly 40% of electricity consumption coming from green energy, and all growth in electricity consumption being met by new renewable energy generation [2] - In 2025, the total renewable energy generation will reach 3.99 trillion kilowatt-hours, a 15% year-on-year increase, accounting for 38% of total generation [2] Hydropower - In 2025, the new hydropower installed capacity will be 12.15 million kilowatts, with a total installed capacity of 450 million kilowatts by the end of the year [2] - The hydropower generation will reach 1.46 trillion kilowatt-hours in 2025, with an average utilization of 3,367 hours [3] Wind Power - The new wind power installed capacity will be 120 million kilowatts in 2025, a 51% year-on-year increase, with 79% of new installations located in the "Three North" regions [3] - Wind power generation will reach 1.13 trillion kilowatt-hours in 2025, with an average utilization rate of 94% [4] Solar Power - The new solar power installed capacity will be 317 million kilowatts in 2025, a 14% year-on-year increase, with a total installed capacity of 1.2 billion kilowatts by the end of the year [4] - Solar power generation will reach 1.17 trillion kilowatt-hours in 2025, a 40% year-on-year increase, with a utilization rate of 95% [5] Biomass Power - The new biomass power installed capacity will be 151 million kilowatts in 2025, with a total capacity of 47.43 million kilowatts by the end of the year [5] - Biomass power generation will reach 224.7 billion kilowatt-hours in 2025, a 7% year-on-year increase [5] Concentrated Solar Power - The new concentrated solar power installed capacity will be 94 million kilowatts in 2025, a 203% year-on-year increase, with a total capacity of 1.82 million kilowatts by the end of the year [5] - Concentrated solar power generation will reach 1.6 billion kilowatt-hours in 2025, a 32% year-on-year increase [5]

Core Viewpoint - The article emphasizes the rapid growth and significant achievements in renewable energy in China, highlighting the country's commitment to carbon neutrality and the development of a robust renewable energy system by 2025 [2]. Group 1: Renewable Energy Capacity - The installed capacity of renewable energy has reached a new high, with over 60% of total capacity coming from renewable sources. Wind and solar power alone contributed over 430 million kilowatts of new capacity, surpassing thermal power for the first time [3]. - By the end of 2025, the total installed capacity of renewable energy is expected to reach 2.34 billion kilowatts, a 24% increase year-on-year, accounting for approximately 60% of the total installed power capacity in the country [3]. Group 2: Renewable Energy Generation - The generation of renewable energy continues to grow, with nearly 40% of total electricity consumption coming from green energy. In 2025, renewable energy generation is projected to be 3.99 trillion kilowatt-hours, a 15% increase year-on-year, representing 38% of total electricity generation [4]. - The increase in renewable energy generation has fully covered the growth in overall electricity consumption, with new renewable energy generation reaching 519.3 billion kilowatt-hours [4]. Group 3: Hydropower - In 2025, the newly added hydropower capacity is 12.15 million kilowatts, with a total installed capacity of 450 million kilowatts by the end of the year [5]. - The hydropower generation is expected to reach 1.46 trillion kilowatt-hours, with an average utilization of 3,367 hours for large-scale hydropower plants [5]. Group 4: Wind Power - Wind power capacity saw a significant increase, with 120 million kilowatts added in 2025, marking a 51% year-on-year growth. The total installed wind power capacity reached 640 million kilowatts by the end of the year [6]. - Wind power generation is projected to be 1.13 trillion kilowatt-hours, reflecting a 13% increase, with an average utilization rate of 94% [6]. Group 5: Solar Power - Solar power capacity increased by 317 million kilowatts in 2025, a 14% year-on-year growth, with total installed capacity reaching 1.2 billion kilowatts [7]. - Solar power generation is expected to be 1.17 trillion kilowatt-hours, a 40% increase, with an average utilization rate of 95% [8]. Group 6: Biomass and Thermal Power - Biomass power saw an addition of 151,000 kilowatts in 2025, with a total installed capacity of 4.743 million kilowatts, and generation reaching 224.7 billion kilowatt-hours, a 7% increase [8]. - Thermal power capacity increased significantly, with 940,000 kilowatts added, resulting in a total capacity of 1.82 million kilowatts and generation of 1.6 billion kilowatt-hours, a 32% increase [8].

Core Viewpoint - The establishment of the State Power Investment Corporation Qingyue (Qinghai) Energy Development Co., Ltd. marks a significant step in China's clean energy development and cross-regional collaboration, supporting the national "dual carbon" goals and regional coordinated development [3][4]. Group 1: Company Formation and Structure - The new energy company has a registered capital of 15.1 billion yuan and is formed by several state-owned enterprises, including the State Power Investment Corporation and Guangdong Energy Group, showcasing a collaborative model between central and local enterprises [3][4]. - The shareholding structure includes 51% from the State Power Investment Corporation, 30% from Guangdong Energy Group, 10% from Qinghai Clean Energy Industry Development Group, and 9% from Guangdong Electric Power Co., Ltd., creating a diverse ownership model [3]. Group 2: Strategic Importance and Operations - The company aims to enhance China's clean energy development, focusing on power generation, transmission, energy storage technology services, and carbon reduction technology services, thereby covering the entire clean energy value chain [4][8]. - Qinghai province, with over 79 million kilowatts of clean energy installed capacity and a 93% share of clean energy in its total power generation, is positioned as a key strategic base for renewable energy in China [5][6]. Group 3: Regional Collaboration and Energy Security - The establishment of the company facilitates a new model of cooperation between the eastern and western regions of China, addressing the inverse distribution of energy resources and electricity demand [6][7]. - The Qinghai Hainan Clean Energy Delivery Base, with a total investment of nearly 73 billion yuan and a planned capacity of 19.44 million kilowatts, will significantly contribute to energy supply stability in the Guangdong region [5][7]. Group 4: Technological and Industrial Development - The new company will leverage technological resources from its stakeholders to enhance the integration of solar, wind, and energy storage technologies, aiming to improve project efficiency and reduce costs [8]. - The collaboration is expected to create a complete industrial chain from resource development to market consumption, promoting the upgrade of the renewable energy industry [8].

Core Viewpoint - The development of concentrated solar power (CSP) in China is gaining momentum, with a target of reaching 15 million kilowatts of installed capacity by 2030, while addressing challenges such as high initial investment and market competitiveness [1][6]. Group 1: Current Projects and Developments - The Qinghai Energy Group's Qingyu DC Phase II 100,000 kW CSP project is continuously supplying electricity to the grid, showcasing the ongoing advancements in CSP technology [1]. - The Hami "Solar (Thermal) Storage" 1500 MW base project integrates 150 MW of CSP with 1350 MW of photovoltaic (PV) capacity, demonstrating the synergy between CSP and PV technologies [2]. - As of the end of 2025, China's operational CSP capacity is expected to reach approximately 1.62 million kW, ranking third globally, with 2.7 million kW under construction, accounting for over 90% of global CSP construction [3]. Group 2: Technological Advancements - China has successfully mastered various CSP technologies, including tower, trough, and Fresnel systems, with ongoing innovations such as the 800 MW PV + 100 MW CSP integrated project in Tibet [4]. - The development of the "four towers and one machine" supercritical 350 MW unit is underway, aiming for over 3000 hours of annual electricity generation [5]. - The domestic production rate of equipment and materials for CSP is nearing 100%, positioning China as a leader in the global CSP market [5]. Group 3: Cost Challenges and Policy Support - The average total investment for CSP projects of 100 MW and above is approximately 15,000 yuan per kW, which is about three times that of equivalent PV projects, leading to financial losses under current pricing conditions [6]. - The recent policy document proposes compensation for reliable capacity of qualifying CSP projects, which could significantly enhance the cost competitiveness of CSP [6]. - Qinghai Province has set a fixed grid price of 0.55 yuan per kWh for CSP projects included in its development plan from 2024 to 2028, providing a degree of certainty for the industry [6]. Group 4: Future Outlook and Strategic Recommendations - The industry is exploring various avenues for cost reduction, including expanding unit sizes, developing new types of molten salts, and optimizing mirror field designs, with potential cost reductions of 0.13 yuan per kWh in the next 3-5 years [7]. - To achieve the target of 15 million kW, efforts must focus on planning, implementation, and ensuring support for land, finance, and policy [7]. - CSP is expected to transition from a backup option to a key support role in the energy system, contributing to carbon reduction in conjunction with coal power and providing green electricity for various industries [7].

聚焦核心技术攻坚，筑牢创新产业链源头根基 "十四五"以来，我省新能源产业快速发展，2024年产业规模突破8000亿元，海上风电装机容量占全国 28%，拥有宁德时代（江苏）基地、天合光能等15家国家级技术领军企业。 然而，我省在关键核心技术自主可控能力、产业链协同效率、创新要素适配性等方面仍有提升空间，需 构建以技术创新为源头驱动、产业链协同为核心载体、要素保障为坚实支撑的新能源产业创新链协同生 态，系统提升整体竞争力。 我省在高效光伏电池、10MW级海上风机等领域"大而不强、全而不优"的问题依然存在，氢能储运等关 键设备依赖进口，成本占全产业链的60%以上。这些"卡脖子"环节威胁产业安全，制约国际议价能力。 因此，需要将关键核心技术掌握在自己手中，筑牢创新链的源头根基。 建强高能级创新平台体系。应主动融入国家战略科技力量布局，比如争取在江苏设立新能源（001258） 领域国家实验室分支机构，提升国家光伏技术重点实验室、国家海上风电装备创新中心等平台能级；围 绕固态电池、高效氢能等前沿方向，高标准建设省级新能源技术创新中心，推动高校、科研机构与华为 数字能源、国家电投等龙头企业共建联合实验室，打造核心技术攻关主 ...

Group 1 - The Qinghai Provincial Government aims to develop new productive forces tailored to local conditions, enhancing the "green and gold content" of its industrial system by 2025 [1] - A total investment of nearly 200 billion RMB is planned for the construction of the Golmud East and Hainan clean energy bases, which will have the largest power generation scale and the highest proportion of renewable energy in the country [2] - Qinghai is projected to produce 757.5 million tons of potassium fertilizer and 16.9 million tons of lithium carbonate by 2025, marking increases of 1.1% and 25.3% respectively, contributing to national food security and the stability of the new energy supply chain [3] Group 2 - Qinghai has established a green computing integration, achieving a doubling of standard racks to 40,000 and a computing power scale exceeding 22,000 PFlops [5] - The province has added 195 technology-based and small giant enterprises, along with 102 innovative and specialized small and medium-sized enterprises in the past year [7] - Qinghai aims to build a "zero-carbon" salt lake and promote the integrated development of clean energy, while fostering lighthouse factories and unicorn enterprises to unleash innovation [7]