10月7日电 国际能源署7日发布的《2025年可再生能源报告》预测，尽管面临供应链和资金压力、电网 整合挑战及政策不确定性等不利因素，全球可再生能源装机容量仍将强劲增长，预计未来5年全球可再 生能源新增装机容量将达到之前5年增量的两倍。 报告显示，未来5年，全球可再生能源增长主要由太阳能光伏产业带动，得益于低成本和审批流程提 速，太阳能光伏发电增长预计将占全球可再生能源装机容量增长的约80%。预计风能发电在新增可再生 能源装机容量中占比位居第二，尽管面临短期挑战，但随着供应瓶颈缓解和项目推进，风电仍将大幅增 长，特别是在中国、欧盟和印度。此外，水电以及生物能、地热能等其他可再生能源技术将继续在支持 电力系统和提高灵活性等方面发挥重要作用。 报告说，在亚洲、中东和非洲的新兴经济体中，成本竞争力和更强的政策支持正在刺激可再生能源更快 增长，多国政府相继推出新的招标计划并提高发展目标。 报告预测，2025至2030年期间，全球可再生能源装机容量将增加4600吉瓦，大致相当于中国、欧盟和日 本当前装机容量总和。 国际能源署署长法提赫·比罗尔在一份公报中说，未来5年，除了成熟市场，预计太阳能光伏发电在沙特 阿拉伯、巴基 ...

报告说，在亚洲、中东和非洲的新兴经济体中，成本竞争力和更强的政策支持正在刺激可再生能源更快 增长，多国政府相继推出新的招标计划并提高发展目标。 新华社巴黎10月7日电 （记者罗毓）国际能源署7日发布的《2025年可再生能源报告》预测，尽管面临 供应链和资金压力、电网整合挑战及政策不确定性等不利因素，全球可再生能源装机容量仍将强劲增 长，预计未来5年全球可再生能源新增装机容量将达到之前5年增量的两倍。 报告预测，2025至2030年期间，全球可再生能源装机容量将增加4600吉瓦，大致相当于中国、欧盟和日 本当前装机容量总和。 报告显示，未来5年，全球可再生能源增长主要由太阳能光伏产业带动，得益于低成本和审批流程提 速，太阳能光伏发电增长预计将占全球可再生能源装机容量增长的约80%。预计风能发电在新增可再生 能源装机容量中占比位居第二，尽管面临短期挑战，但随着供应瓶颈缓解和项目推进，风电仍将大幅增 长，特别是在中国、欧盟和印度。此外，水电以及生物能、地热能等其他可再生能源技术将继续在支持 电力系统和提高灵活性等方面发挥重要作用。 国际能源署署长法提赫·比罗尔在一份公报中说，未来5年，除了成熟市场，预计太阳能光伏发 ...

Core Viewpoint - The development of zero-carbon parks faces significant challenges, including conflicts between traditional centralized energy systems and emerging distributed energy systems, which hinder the effective implementation of zero-carbon initiatives [1][2]. Group 1: Zero-Carbon Park Characteristics - Zero-carbon parks are fundamentally based on distributed energy systems, which are essential units in the energy transition process [2]. - The future energy system architecture should prioritize distributed energy systems while incorporating centralized systems as a supplementary component [2]. - The traditional large energy system is characterized by regulatory frameworks that ensure fair access for users, but innovations that reduce energy sales can disrupt the recovery of fixed network costs [2]. Group 2: Global Trends and Cost Dynamics - There is no official definition for "zero-carbon parks," but common goals include achieving net-zero greenhouse gas emissions through various methods such as energy efficiency improvements and renewable energy utilization [3]. - The construction conditions for zero-carbon parks in China are becoming increasingly mature, evidenced by significant reductions in renewable energy production costs. For instance, the levelized cost of solar photovoltaic power is projected to drop from 0.90 yuan/kWh in 2014 to around 0.20 yuan/kWh by 2024, a decrease of 78% [3]. - Onshore wind power costs are also declining, from 0.55 yuan/kWh to approximately 0.18 yuan/kWh, a reduction of 67% [3]. Group 3: Opportunities for Low-Carbon Transition - During the 14th Five-Year Plan period, the construction of zero-carbon parks will be a key focus for local governments in promoting low-carbon transitions [4]. - Local governments are seen as the primary agents of reform, as they have the authority to implement mechanisms that facilitate the development of distributed energy systems [4]. - Zero-carbon parks present an opportunity for localities to leverage distributed energy systems to drive industrial low-carbon transitions and create synergies between low-carbon energy, industry, and the economy [4]. Group 4: Recommendations for Development - A shift in mindset is necessary to understand zero-carbon park construction through the lens of energy system transformation rather than traditional project-based thinking [5]. - Integrating energy system transformation logic into electricity system reforms is crucial, including adjustments to electricity pricing structures to reduce reliance on sales volume [5]. - Accelerating the reform of heating systems within zero-carbon parks is essential, as achieving zero-carbon heating supply is more feasible than in electricity, which could significantly impact traditional heating utility business models [5]. Group 5: Balancing Interests - The reform and innovation of mechanisms for zero-carbon parks must seek a balance between the interests of large and small energy systems, which poses a significant challenge for local governments [6].

Core Insights - Renewable energy is not only cost-competitive compared to fossil fuels but also reduces dependence on international fuel markets and enhances energy security [1][2] - The business case for renewable energy is stronger than ever, driven by technological advancements and improved supply chains, although short-term challenges remain [2][5] - International cooperation is essential to protect the achievements of the energy transition, ensuring open and resilient supply chains, and establishing stable policy and investment frameworks [5] Cost Competitiveness - In 2024, solar photovoltaic power is expected to be 41% cheaper than the lowest-cost fossil fuel electricity, while onshore wind projects will be 53% cheaper [1] - Onshore wind remains the most affordable new renewable energy source at $0.034 per kilowatt-hour, followed by solar photovoltaic at $0.043 per kilowatt-hour [1] - The addition of 582 gigawatts of new renewable energy capacity in 2024 is projected to save approximately $57 billion in fossil fuel costs [1] Structural Challenges - Rising costs in Europe and North America are influenced by structural challenges such as permitting delays and limited grid capacity, while regions like Asia, Africa, and South America may see significant cost reductions due to their renewable energy potential [2] - Integration costs are becoming a new constraint for renewable energy deployment, particularly in G20 and emerging market countries, necessitating accelerated grid investments [3] Financing and Investment - Financing costs are a critical factor in project feasibility, with high capital costs in many developing countries significantly increasing the levelized cost of electricity (LCOE) for renewables [3] - Stable and predictable revenue frameworks are crucial for reducing investment risks and attracting capital, with tools like Power Purchase Agreements (PPAs) playing a key role [2] Technological Advancements - Battery storage systems and hybrid systems combining solar, wind, and storage are increasingly vital for integrating intermittent renewable energy [4] - The cost of utility-scale storage systems is projected to reach $192 per kilowatt-hour by 2024, a 93% decrease since 2010, driven by manufacturing scale and technological improvements [3] Future Outlook - The total savings from all operational renewable energy projects in 2024 are estimated to reach $467 billion in fossil fuel costs [5] - The transition to renewable energy is irreversible, but its pace and equity depend on today's choices regarding international cooperation and investment frameworks [5]

Core Insights - Renewable energy is not only cost-competitive compared to fossil fuels but also reduces dependence on international fuel markets and enhances energy security [1][2] - The business case for renewable energy is stronger than ever, driven by technological advancements and improved supply chains, although short-term challenges remain [2][5] Cost Competitiveness - In 2024, solar photovoltaic power is expected to be 41% cheaper than the lowest-cost fossil fuel electricity, while onshore wind projects will be 53% cheaper [1] - Onshore wind remains the most affordable new renewable energy source at $0.034 per kilowatt-hour, followed by solar photovoltaic at $0.043 per kilowatt-hour [1] - The addition of 582 gigawatts of new renewable energy capacity in 2024 is projected to save approximately $57 billion in fossil fuel costs [1] Structural Challenges - Integration costs are becoming a new constraint for renewable energy deployment, particularly due to grid connection bottlenecks and slow approval processes [3] - Financing costs are a critical factor in project feasibility, with high capital costs significantly increasing the levelized cost of electricity (LCOE) in many developing countries [3] - The cost structure for onshore wind projects differs significantly between Europe and Africa, with European projects driven mainly by capital expenditures, while African projects face higher financing costs [3] Technological Advancements - Battery storage systems have seen a 93% cost reduction since 2010, with utility-scale storage systems expected to reach $192 per kilowatt-hour by 2024 [3] - Digital technologies and hybrid systems combining solar, wind, and battery storage are becoming essential for integrating intermittent renewable energy [4] Policy and Investment Framework - A stable and predictable revenue framework is crucial for reducing investment risks and attracting capital in both mature and emerging markets [2][5] - International cooperation is necessary to ensure open and resilient supply chains and to establish stable policy and investment frameworks, especially in the Global South [5]

Core Insights - Renewable energy is not only cost-competitive compared to fossil fuels but also reduces dependence on international fuel markets and enhances energy security [1][2][5] - The International Renewable Energy Agency (IRENA) reports that renewable energy maintains a leading cost advantage in the global electricity market, driven by technological innovation, competitive supply chains, and economies of scale [1][2] Cost Competitiveness - In 2024, solar photovoltaic power is expected to be 41% cheaper than the lowest-cost fossil fuel electricity, while onshore wind projects will be 53% cheaper [1] - Onshore wind remains the most affordable new renewable energy source at $0.034 per kilowatt-hour, followed by solar photovoltaic at $0.043 per kilowatt-hour [1] - The addition of 582 gigawatts of new renewable energy capacity in 2024 is projected to save approximately $57 billion in fossil fuel costs [1] Investment and Structural Challenges - Geopolitical changes, raw material shortages, and evolving manufacturing conditions pose short-term challenges that may temporarily increase costs [2] - Stable and predictable revenue frameworks are crucial for reducing investment risks and attracting capital, especially in both mature and emerging markets [2][3] - Financing costs significantly impact project feasibility, particularly in developing countries where high capital costs elevate the levelized cost of electricity (LCOE) [3] Technological Advancements - Battery storage systems have seen a 93% cost reduction since 2010, with utility-scale storage systems expected to reach $192 per kilowatt-hour by 2024 [3] - Digital technologies and hybrid systems combining solar, wind, and battery storage are becoming essential for integrating intermittent renewable energy [4] Future Outlook - The total savings from all operational renewable energy projects in 2024 is estimated to reach $467 billion in avoided fossil fuel costs [5] - The transition to renewable energy is irreversible, but its pace and equity depend on current decisions regarding international cooperation and investment frameworks [5]

证券代码：600505 证券简称：西昌电力 编号：2025-038 四川西昌电力股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 根据上海证券交易所《上海证券交易所上市公司自律监管指引第 3 号-行业 信息披露—第三号—电力》、《上海证券交易所上市公司自律监管指引第 3 号- 行业信息披露—第九号—光伏》要求，现将公司 2025 年半年度经营数据(未经 审计)公告如下： 一、公司网内自有和控股水力发电站 7 座，权益装机容量 12.29 万千瓦， 生产的电量均在凉山州范围内销售。 增减变动幅度 项 目 2025年1-6月 2024年1-6月 （%） 其中，分公司、控股子公司发电情况： 发电分公司 14,716.69 12,974.99 13.42 四川省布拖县牛角湾电力有 限责任公司 盐源县西源电力有限责任公 司 注2 时） 上网均价（元/千瓦时） （含税） 外购电均价（元/千瓦时） （含税）注3 售电均价（元/千瓦时） （含税） 注 1：报告期发电量同比增长 22.63%，主要是网内电站来水较上期丰沛所 致； 注 ...

Financial Performance - Concord New Energy Group's total assets reached RMB 32,129.84 million, a 3.0% increase[5] - Net assets increased by 5.6% to RMB 8,906.31 million[5] - Revenue from continuing operations increased by 6.3% to RMB 2,752.05 million[5] - Profit attributable to owners of the company decreased by 16.5% to RMB 805.13 million[5] - The comprehensive financing rate decreased by 62 bps to 3.98%[14] Operational Highlights - Attributable installed capacity reached 4,615 MW, with 3,732 MW in wind power and 883 MW in solar PV[20] - Newly added attributable installed capacity was 566 MW[17] - Subsidiary-owned total power generation increased by 24.8% to 7,515 GWh[21] - Group administrative expenses decreased by 15%[28] Project Development - Worldwide wind & solar PV project development reached 1,399 MW[23] - Total construction scale reached 2,562 MW, including 566 MW completed in 2024[25] Operating Indicators - Wind power curtailment rate (Attributable Installed) increased by 5.8 percentage points to 9.5%[31] - Solar power curtailment rate (Attributable Installed) increased by 12.6 percentage points to 18.5%[31]

Core Insights - The company reported a slight increase in revenue for Q1 2025, but a decline in net profit and new orders [1][2] Financial Performance - In Q1 2025, the company achieved a revenue of 142.56 billion yuan, a year-on-year increase of 1.61%, while net profit attributable to shareholders was 2.636 billion yuan, a decrease of 12.03% [1] - The company's gross profit margin for Q1 2025 was 10.81%, down by 0.95 percentage points year-on-year, and the net profit margin was 1.85%, a decline of 0.29 percentage points [3] - Operating cash flow showed a net outflow of 40.519 billion yuan, an increase in outflow by 1.437 billion yuan year-on-year [3] Order and Investment Trends - New orders in Q1 2025 totaled 299.323 billion yuan, a decline of 9.60% year-on-year, with significant drops in energy and water resources sectors [2] - The company actively reduced its investment scale in 2024, completing investments of 90.312 billion yuan, a decrease of 30.16% from 2023 [4] - The company aims to focus on renewable energy and pumped storage as future growth points, with installed capacity for wind and solar power increasing significantly [4]

Core Viewpoint - Fugu County is transforming from a resource-dependent economy to a green, sustainable model, exemplifying the concept that "lucid waters and lush mountains are invaluable assets" through ecological restoration and industrial restructuring [2][11]. Group 1: Ecological Restoration - Fugu County has initiated a comprehensive air quality improvement campaign, significantly reducing PM2.5 levels, with a 34.6% decrease compared to the previous year, achieving the best air quality in its history [6]. - The county has implemented a "full-area greening" project, planting 297,000 acres of trees and grass over three years, contributing to ecological protection and restoration [6]. - A multi-faceted pollution control system has been established, focusing on industrial, mobile, and dust sources, resulting in the environmental remediation of 76 enterprises and 9 coal transport routes [5][6]. Group 2: Urban Renewal - Urban renewal efforts have benefited 7,939 households through the renovation of old neighborhoods, with the addition of over 6,500 parking spaces and the implementation of a comprehensive green space strategy [7]. - The county has integrated green concepts into urban planning, achieving a significant increase in green coverage and improving the quality of life for residents [7][10]. - Initiatives promoting waste sorting and recycling have been introduced, fostering a culture of sustainability among residents [10]. Group 3: Industrial Transformation - Fugu County is focusing on enhancing the "green content" of its industries, particularly in the magnesium sector, by upgrading technology and implementing environmental standards [11][14]. - The establishment of a circular economy in the magnesium industry has been prioritized, creating a comprehensive industrial chain that promotes sustainable development [14]. - The county aims to demonstrate that resource-based cities can achieve economic growth while maintaining environmental protection through innovative practices [14][16].