Core Viewpoint - The Ministry of Industry and Information Technology, the State Administration for Market Regulation, and the National Energy Administration have released the "Power Equipment Industry Stabilization and Growth Work Plan (2025-2026)", which aims to expand domestic effective demand and stabilize power equipment demand through major energy projects [1] Group 1: Demand Expansion and Stabilization - The plan emphasizes the need to expand domestic effective demand by relying on major engineering projects in the energy sector [1] - It aims to stabilize the demand for power equipment by accelerating the development of large onshore wind and photovoltaic bases [1] Group 2: Renewable Energy Development - The plan promotes orderly construction of offshore wind power and encourages distributed development of wind and solar power [1] - It also supports the integrated development of wind and solar energy [1] Group 3: Coal and Hydropower Initiatives - The plan continues to implement the "three reforms" of coal power, promoting the construction of new-generation coal power and the orderly elimination of outdated capacity [1] - It actively promotes major hydropower construction and the development of pumped storage projects [1] Group 4: Nuclear Power and Grid Optimization - The plan supports the steady advancement of nuclear power development and the safe and orderly approval of several coastal nuclear power projects [1] - It aims to optimize the national power system design and approve the construction of key power interconnection projects [1] Group 5: Smart Grid and Energy Storage - The plan promotes the construction of smart microgrids and the application of energy storage on the power source and grid side [1] - It aims to enhance the grid's capacity to accept, allocate, and regulate clean energy [1]

Core Viewpoint - The article discusses the implementation opinions on promoting "Artificial Intelligence + Energy" for high-quality development, emphasizing the integration of AI technologies into various energy sectors to enhance efficiency, safety, and sustainability by 2027 and beyond [3][9][10]. Group 1: Overall Requirements - The initiative aims to deepen the integration of AI with the energy sector, focusing on enhancing innovation and application technology levels, and ensuring the safety and reliability of energy systems [10][11]. - By 2027, a preliminary integration system of energy and AI is expected to be established, with significant breakthroughs in core technologies and widespread applications [11][12]. Group 2: Accelerating Energy Application Scenarios - AI will be applied across various energy sectors, including power grids, new energy, and traditional energy sources, to optimize operations and enhance flexibility [4][17]. - Specific applications include virtual power plants, distributed energy storage, and intelligent microgrids, aimed at improving load control and dynamic response capabilities [4][19]. Group 3: Key Technology Supply - The focus is on addressing technical bottlenecks in the energy sector, such as data silos and high energy consumption in computing, by developing common key technologies [40]. - Emphasis is placed on building high-quality data sets, enhancing computational support, and improving model capabilities to meet the specific needs of the energy sector [40][41]. Group 4: Implementation Measures - The article outlines measures for effective implementation, including strengthening organizational frameworks, promoting collaborative innovation, and establishing standards for AI applications in the energy sector [42][43]. - Pilot demonstrations will be organized to showcase replicable and scalable AI applications in energy, encouraging cross-sector collaboration [44].

Core Viewpoint - The company, Jiaze New Energy, reported significant revenue and profit growth in its 2025 semi-annual report, driven by the rapid growth of new energy installations and ongoing optimization of the energy structure in the industry [1] Financial Performance - The company achieved operating revenue of 1.31 billion yuan, a 5.87% increase from 1.24 billion yuan in the same period last year [1] - The net profit attributable to shareholders reached 460 million yuan, reflecting an 11.59% year-on-year growth, indicating a stronger profit growth rate compared to revenue [1] Business Operations - The company operates through five main segments: new energy power station development, operation and sale, operation management services, rooftop distributed photovoltaic systems, and new energy industry fund [2] - As of the end of the reporting period, the company had a cumulative installed capacity of 2,315.643 MW, including 2,041 MW from wind power and 238.268 MW from rooftop distributed photovoltaic systems [2] - The company has 2,332.4 MW of wind power projects under construction or planned, ensuring ample resources for future capacity expansion and power generation growth [2] Industry Collaboration - The company has successfully launched collaborative projects with leading industry players, such as the new energy equipment manufacturing park in Heilongjiang and the zero-carbon new energy smart equipment industrial park in Guangxi [3] - The company received approval from the China Securities Regulatory Commission for a stock issuance plan to raise up to 1.2 billion yuan, which will enhance its working capital and financial structure [3] Future Outlook - The company plans to continue expanding its installed capacity and enhancing the layout of rooftop distributed photovoltaic systems in load centers, aiming for high-quality development in the green energy sector [4]

嘉泽新能源股份有限公司 2025年半年度主要经营数据公告 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《上海证券交易所上市公司自律监管指引第 3 号—行业信息 披露》之《第三号—电力》的要求，嘉泽新能源股份有限公司（以下 简称"公司"） 现将 2025 年半年度主要经营数据（未经审计）公告 如下： | | 第二季度 | | 半年度发电量 | | 第二季度 | | 半年度上网电量 | | 上网电价 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 发电量 （万千瓦时） | | (万千瓦时) | | 上网电量 （万千瓦时） | | (万千瓦时) | | (元/千瓦时) | | 经营地区/ | 2025 年 | 2025 年 | 2024 年 | 同比（%） | 2025 年 | 2025 年 | 2024 年 | 同比（%） | 2025 年 | | 发电类型 | 4-6 月 | 1-6 月 | 1-6 月 | | 4-6 月 | 1-6 ...

Group 1: Core Views - The National Energy Administration supports the establishment of pilot cities for local consumption and direct supply of renewable energy, particularly in regions like Guangxi Qinzhou and Gansu Jiuquan, to enhance the consumption of renewable energy and increase the proportion of clean energy in industrial sectors [1][8][10] Group 2: Support for Peak Regulation Projects - The National Development and Reform Commission (NDRC) and the National Energy Administration emphasize the importance of enhancing the power system's regulation capacity through policies and initiatives, including the issuance of the "Power System Regulation Capacity Optimization Action Implementation Plan (2025-2027)" [2][9] - The NDRC and the National Energy Administration are accelerating the construction of a unified national electricity market system to allow various regulation resources to participate in the market and gain corresponding benefits [2][9] - Funding support for new energy storage projects is being provided through long-term special bonds to enhance regulation capabilities [2][9] Group 3: Clarification of Energy Storage Pricing Mechanism - The NDRC has issued guidelines to improve the time-of-use pricing mechanism, which includes establishing peak and valley pricing to better reflect market conditions [3][11] - A market-oriented pricing mechanism for renewable energy is being developed to facilitate the participation of regulatory resources in market competition [3][11] Group 4: Promotion of New Energy Storage Models - The National Energy Administration supports the adoption of shared energy storage models to enhance the power system's regulation capacity and is exploring diverse application scenarios for new energy storage [4][11] Group 5: Support for Private Enterprises - The National Energy Administration has issued measures to promote the development of private enterprises in the energy sector, encouraging investment in new energy technologies and expanding financing channels [12]

Core Viewpoint - The article highlights the significant achievements in China's energy sector during the "14th Five-Year Plan" period, emphasizing high-quality development, increased renewable energy capacity, and advancements in energy technology and reform [4][18]. Group 1: Energy Supply and Consumption - During the first four years of the "14th Five-Year Plan," China's energy consumption increase reached 1.5 times that of the entire "13th Five-Year Plan," with projected new electricity consumption exceeding the annual consumption of the European Union [6][7]. - By 2024, national electricity generation is expected to surpass 10 trillion kilowatt-hours, accounting for one-third of global production, with total energy production equivalent to approximately 5 billion tons of standard coal, representing over one-fifth of global production [7]. Group 2: Renewable Energy Development - China has built the world's largest and fastest-growing renewable energy system, with the share of renewable energy generation capacity increasing from 40% to around 60%. Wind and solar power installations have each surpassed 100 million and 200 million kilowatts annually, achieving unprecedented growth [10]. - The proportion of non-fossil energy in national energy consumption has increased by 1 percentage point annually, expected to exceed the "14th Five-Year Plan" target of 20%, while coal's share decreases by 1 percentage point each year, enhancing the "green content" of economic development [11]. Group 3: Technological Innovation - The article notes that new energy technologies, such as those in renewable energy, lead globally, with over 40% of global patents in this field. Innovations in photovoltaic conversion efficiency and offshore wind turbine capacity continue to set world records [13][14]. - Major projects like the Baihetan Hydropower Station and the domestically developed third-generation nuclear power plants demonstrate China's hard power in technological innovation [15]. Group 4: Energy Reform and Market Development - The restructuring of the energy system and policy framework is accelerating, with the establishment of a national unified electricity market and the integration of coal and renewable energy into the market. The oil and gas sector is also moving towards a unified national network [20].

Energy Consumption - During the "14th Five-Year Plan" period, China's energy consumption increment has reached 1.5 times that of the five-year increment during the "13th Five-Year Plan," with an expected new electricity consumption exceeding the annual electricity consumption of the EU [5] - In July, electricity consumption surpassed 1 trillion kilowatt-hours, equivalent to Japan's total annual electricity consumption [5] - In the eastern region, 40% of energy consumption comes from major energy transmission projects such as "West-to-East Electricity Transmission" and "North-to-South Coal Transport" [5] Green and Low-Carbon Transition - China has built the world's largest electric vehicle charging network, with 2 charging piles for every 5 electric vehicles [5] - The proportion of renewable energy generation capacity has increased from 40% to approximately 60% [5] - One-third of the total electricity consumed in society is green electricity, with significant contributions to global low-carbon transition by reducing carbon emissions by approximately 4.1 billion tons through exported wind and solar products [5] Renewable Energy Development - Distributed photovoltaic systems have seen new installations exceeding 400 million kilowatts, with 16 million kilowatts added in household photovoltaic systems, making over 7 million families "photovoltaic landlords" [5] - China holds over 40% of global new energy patents, continuously breaking world records in photovoltaic conversion efficiency and offshore wind turbine capacity [5] - The scale of new energy storage has reached the world's largest, with rapid development of smart microgrids and virtual power plants [5] Technological Innovation - Major projects such as the Baihetan Hydropower Station and the third-generation nuclear power "Hualong One" have been completed, showcasing China's technological innovation capabilities [5] - Oil and gas development has successfully reached depths of over 10,000 meters and advanced into deep-sea areas [5] Market Dynamics - The number of registered entities in the electricity market has reached 970,000, five times that of 2020 [6] - The majority of photovoltaic equipment manufacturing companies are private enterprises, with over 60% of wind turbine manufacturing companies also being private [6] - As of the end of July, the number of charging infrastructure units reached 16.696 million, ten times that at the end of the "13th Five-Year Plan," leading the world in scale [6]

Group 1 - The core viewpoint is that China's energy sector has achieved significant breakthroughs and historical accomplishments since the start of the 14th Five-Year Plan, with key indicators such as comprehensive energy production capacity and the proportion of non-fossil energy expected to be met on schedule [1] - China has constructed the world's largest and fastest-growing renewable energy system, with the share of renewable energy generation capacity increasing from 40% to approximately 60% [3] - The total electricity consumption in China now includes one-third green electricity, contributing to a reduction of carbon emissions by approximately 4.1 billion tons for other countries [3] Group 2 - Energy technology innovation has seen substantial progress, with new energy patents accounting for over 40% of the global total, and new energy storage capacity ranking first in the world [6] - The development of smart microgrids and virtual power plants is accelerating, with pilot projects for vehicle-to-grid interactions being advanced [6] - Energy reform is deepening, with all industrial and commercial users entering the market, and the number of registered electricity market operators reaching 970,000, five times that of 2020 [8] Group 3 - The oil and gas sector is moving towards a "national unified network," indicating a significant step in energy integration [8] - The majority of photovoltaic equipment manufacturing companies and over 60% of wind turbine manufacturers are private enterprises, highlighting the role of private sector participation in the energy market [8]

Core Achievements of the 14th Five-Year Plan - The 14th Five-Year Plan has resulted in significant advancements in energy supply, with energy consumption growth reaching 1.5 times that of the previous five years, and projected new electricity consumption exceeding the annual consumption of the EU [5][6] - By 2024, national electricity generation is expected to surpass 10 trillion kilowatt-hours, accounting for one-third of global production, with total energy production equivalent to approximately 5 billion tons of standard coal, representing over one-fifth of global totals [6] Energy Infrastructure and Optimization - The energy infrastructure network has been enhanced, facilitating better resource allocation across regions and supporting economic development in central and western areas, with 40% of energy in eastern regions sourced from major energy transmission projects [6] Green and Low-Carbon Transition - The construction of the world's largest electric vehicle charging network has been completed, with two charging stations for every five vehicles, improving convenience for consumers [7] - The renewable energy system has become the largest and fastest-growing globally, with the share of renewable energy generation capacity increasing from 40% to around 60%, and annual installations of wind and solar power surpassing significant milestones [8] - The proportion of non-fossil energy in national energy consumption is increasing by 1 percentage point annually, expected to exceed the 20% target set for the 14th Five-Year Plan, while coal's share decreases by 1 percentage point each year [9] Technological Innovation in Energy - The energy sector has seen breakthroughs in technology, with new energy patents accounting for over 40% of global totals, and advancements in solar conversion efficiency and offshore wind turbine capacity [12][14] - Major projects such as the Baihetan Hydropower Station and the "Hualong One" nuclear reactor have been completed, showcasing China's technological capabilities [14] Market Reforms and Economic Dynamics - The restructuring of the energy market has accelerated, with the establishment of a unified national electricity market and increased participation from private enterprises, which now play a crucial role in driving energy transition [18][21] - The number of registered electricity market participants has reached 970,000, five times that of 2020, indicating a significant release of market vitality [20]

Core Viewpoint - The "14th Five-Year Plan" period is marked by significant achievements in high-quality energy development, with a focus on technological innovation and global leadership in renewable energy [1] Group 1: Technological Innovations - The period has seen breakthroughs in energy technology, with new energy patents accounting for over 40% of the global total [1] - Record-breaking advancements in photovoltaic conversion efficiency and offshore wind turbine capacity have been achieved [1] - The scale of new energy storage has risen to the world's largest [1] Group 2: Major Projects and Developments - Key projects such as the Baihetan Hydropower Station and the domestically developed third-generation nuclear power plants "Hualong One" and "Guohe One" have been completed and put into operation [1] - The fourth-generation high-temperature gas-cooled reactor has also been established as a global first [1] - Oil and gas exploration has successfully reached depths exceeding 10,000 meters and ventured into deep-sea environments [1] Group 3: Emerging Models and Industries - New business models and industries are flourishing, with smart microgrids and virtual power plants entering a rapid development phase [1] - The scale application of vehicle-to-grid interactions is being accelerated [1] - The energy sector is increasingly integrating with industries such as manufacturing and transportation, leading to the emergence of new fields and tracks that contribute to the development of new productive forces [1]