文 | 中关村储能产业技术联盟 中关村储能产业技术联盟始终以规范、及时、全面的信息收录标准，持续追踪储能项目动态。依托 长期积累的扎实数据与深度专业研判，联盟定期输出储能装机市场的客观分析文章，为产业同仁提 供市场决策参考。由于源网侧储能市场与用户侧储能市场存在典型差异，自2025年6月起，储能项目 月度分析已细化为"源网侧市场"和"用户侧市场"两篇内容，本期聚焦8月用户侧市场展开解读。 8月源网侧储能市场项目分析已发布，详情点击： 8月新型储能装机2 . 9GW/ 7 . 9 7GWh，大 基地等源侧储能同比+2 8 5%/+354% 8月新型储能项目整体分析 根据CNESA Da t aLi n k全球储能数据库 不完全统计， 2025年8月，国内新增投运新型储能 项目装机规模共计2 . 9 0GW/ 7 .97GWh，同比+30%/+43%，环比- 11%/- 1 0%。 8月新增装机 规模继续回落，但环比降幅小于去年同期。 图1 2025年1-8月中国新增运行新型储能项目装机规模 数据来源：CNESA DataLink全球储能数据库https://www.esresearch.com.cn/ 备注：同 ...

证券代码：000537 证券简称：中绿电 天津中绿电投资股份有限公司 投资者关系活动记录表 编号：2025-07 投资者关系活动 类别 特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 □其他 活动参与人员 华金证券（周涛） 太平洋证券（程志峰） 北京琮碧秋实私募基金（曹博） 时间 2025 年 9 月 26 日 14:00-15:00 地点 公司会议室 上市公司接待人 员姓名 总经理助理、董事会秘书 伊成儒 证券事务部（董事会办公室）投资者关系管理 马啸 形式 现场会议 交流内容及具体 问答记录 问题1.公司风光占比情况及后续装机节奏？ 答：截至2025年6月末，公司在运装机规模1992.55万千瓦，其中风电 占比约19.75%，光伏装占比约79.24%。随着136号文的出台，公司对新能 源项目投资更加谨慎，更加注重投资收益把控。同时为进一步优化投资结 构，提升项目盈利能力，公司也在稳步推进"两个转移"（由光伏向风电 转移，由西北向中东部转移），研究探索"新能源+"融合业态。 问题2.136号文落地后公司有哪些应对措施？ 答："136"号文实施后，公司对新能源项目投 ...

内蒙古能源集团巴彦淖尔中心磴口县40万千瓦160万千瓦时独立储能项目执行经理张波："内蒙古能源集团磴口县40万千瓦/160万千瓦时独立 储能项目今天正式开工，项目建设规模40万千瓦/160万千瓦时，占地面积182亩，总投资12.61亿元，今年12月31日完成全容量并网。" 该项目建成后，将有效提高磴口县区域电网的调峰能力和供电可靠性，为地区能源转型与可持续发展提供有力支撑。 （ 来源：微 磴口 ） | 往 | 期 回 | 顾 | | | --- | --- | --- | --- | | 01 | ｜ | | 30+锂电上市公司出海"成绩单" | | 02 | ｜ | | 中国46大圆柱电池上车！宝马iX3全球首发 | | 03 | ｜ | | 2025起点户储/工商储/便携式储能电池技术论坛12月19日深圳举办！ | | 04 | ｜ | | 2025首届硫化物全固态电池国际峰会暨展览会定档11月8日广州举办！ | 扫描右方二维码 加入中国锂电行业通讯录 备注:公司+姓名+职位 扫描左方二维码 加入起点锂电行业交流群 (备注:公司+姓名+职位 固态电池展 CINE 轴电属 起点国态电池 2 起点钠电 电池 ...

（编辑 何成浩） 证券日报网讯 上海能源9月10日在互动平台回答投资者提问时表示，公司新能源项目建设稳步推进，截 至上半年末，光伏发电装机容量428.9MW；新能源二期204MW光伏项目已履行投资决策程序。电网改 造项目共有7个标段，其中6个标段施工完成。电热公司2x50兆瓦机组熔盐储能项目已取得立项批复，电 化学储能项目完成初步方案编制工作。新能源公司首批光伏电量绿证成功核发。 ...

Core Viewpoint - The report highlights the financial performance and strategic initiatives of China Energy Engineering Corporation Limited for the first half of 2025, showcasing growth in revenue and profit while emphasizing the company's commitment to high-quality development and innovation in the energy sector [1][3]. Financial Performance - The company reported a revenue of RMB 212.09 billion for the first half of 2025, representing a 9.18% increase compared to the same period last year [7]. - The total profit amounted to RMB 6.56 billion, reflecting a 5.49% year-on-year growth [7]. - The net profit attributable to shareholders was RMB 2.80 billion, a slight increase of 0.72% from the previous year [7]. - The company's total assets reached RMB 938.74 billion, up 8.02% from the end of the previous year [7]. Industry Overview - The energy sector in China is experiencing significant growth, with a focus on renewable energy sources. As of June 2025, installed capacity for wind power reached 573 million kW, and solar power reached 1.1 billion kW, marking increases of 22.7% and 54.2% respectively [6][8]. - The traditional energy sector remains robust, with coal and hydropower continuing to play crucial roles in the energy mix. Hydropower capacity grew by 3% year-on-year [6][8]. - The government is investing heavily in infrastructure, with total investment in power engineering reaching RMB 363.5 billion, a 5.9% increase year-on-year [6][8]. Strategic Initiatives - The company is actively pursuing the "1466" strategy, focusing on innovation and high-quality development across its operations [15]. - It aims to enhance its core competencies in energy and infrastructure, participating in major national projects such as the Yarlung Tsangpo River hydropower project and the development of new energy bases [15]. - The company is also expanding its international presence and engaging in high-level forums to promote its integrated energy solutions [15]. Business Segments - The company operates across various sectors, including energy, water conservancy, green transportation, and ecological protection, demonstrating a comprehensive service capability [10][12]. - In the first half of 2025, the company secured new contracts worth RMB 775.36 billion, with significant contributions from its core energy and infrastructure projects [15]. - The industrial manufacturing segment, which includes construction materials and equipment manufacturing, is also a key focus area, with ongoing efforts to enhance sustainability and innovation [12][13].

四是探索新兴业务，培育增长新动能。针对新能源发电间歇性问题，试点电化学储能、压缩空气储能项 目，保障油田电网稳定；跟踪氢能在钻井、井下作业的应用场景，探索"绿电制氢—氢能利用"闭环；适 时介入绿证交易、碳配额质押等业务，将生态价值转化为经济效益。 油田企业是能源生产大户和消耗大户。在传统油气替代加快、碳约束日趋严格的形势下，推动能源转型 是其可持续高质量发展的迫切需求。特别是处于开采中后期的老油田，面临资源接替不足、油气稳产难 度大、开采成本上升等问题，迫切需要以发展新能源为契机，通过规模开发利用，实现产业结构调整升 级、绿色低碳效益发展。 "十四五"期间，在各项政策引导推动下，油田企业在大力推进新能源开发利用，探索新能源与油气生产 融合发展之路，且成效、规模初显。"十五五"即将到来，如何做到规模化效益化发展，如何进一步深化 与油气生产的融合，将成为各油田必须思考的问题。 一是抓好顶层设计,统筹高效开发利用。围绕与油气生产融合发展，应系统抓好产业政策、技术发展、 应用场景、多能互补应用、资源潜力等研究，确定油田新能源发展方向和重点。按照"节能降碳、降本 减费"原则，统筹有序和高效率高效益推进新能源开发利用，全 ...

Strategic Background - Energy security and green transition are dual challenges faced by the industry, necessitating the establishment of a modern energy system as outlined in the "14th Five-Year Plan" [2][11] - China's reliance on imported energy is significant, with oil and natural gas dependency rates at 72% and 45% respectively, highlighting the risks associated with external supply uncertainties [2][3] - The urgency of achieving carbon peak by 2030 and carbon neutrality by 2060 imposes immediate requirements for energy structure adjustment and green transformation [2][3] Multi-Wheel Drive Strategy - The "multi-wheel drive" strategy leverages the unique advantages of various energy types, positioning coal as the "ballast stone" for energy security, oil and gas as stabilizers, nuclear energy as a base-load power source, and renewable energy as a growth driver [3][4] - This strategy aims to create a resilient and low-carbon energy supply system through the complementary advantages and collaborative innovation of different energy types [3][4] Energy Supply System Development - During the "14th Five-Year" period, China is promoting the coordinated development of coal, oil, gas, nuclear, and renewable energy through technological innovation and industrial upgrades [4][5] - Coal's clean and efficient utilization is emphasized, with initiatives to enhance efficiency and reduce emissions through advanced technologies like ultra-supercritical power generation [4][5] - Oil and gas sector reforms are underway to optimize the market system, enhancing resource allocation efficiency and supply stability [4][5] Future Outlook - Renewable energy will be the primary focus for high-quality development in the energy transition, with significant advancements expected in wind and solar power [8][9] - Traditional energy sources will continue to play a crucial role in ensuring energy security, with efforts to enhance clean utilization technologies and develop unconventional oil and gas resources [9][10] - The integration of energy technology and innovation will drive the intelligent upgrade of the energy system, improving efficiency and flexibility across the energy production, transmission, and consumption chain [10][11]

Core Viewpoint - The Sichuan Mianyang Port Flag Energy Storage Project, China's first large-scale hybrid energy storage station in the southwest region, has commenced operation, showcasing innovative energy storage technology and addressing local grid challenges [1][3]. Group 1: Project Overview - The Mianyang Port Flag Energy Storage Project is located in Shima Town, Mianyang, Sichuan, and is divided into two phases, with the first phase featuring 100 MW/200 MWh of electrochemical storage and 15 MW/0.525 MWh of flywheel storage [3]. - This project is recognized as one of the first new energy storage demonstration projects in Sichuan Province and is a key construction project for 2025 [3]. Group 2: Technological Innovation - The project employs a hybrid energy storage technology combining electrochemical and flywheel systems, creating a dual assurance system of "millisecond response + hour-level support" [3]. - This innovative approach effectively alleviates the issues of insufficient capacity at the 500 kV substation and the singularity of power sources at 220 kV and below, enhancing the flexibility and reliability of the regional power grid [3]. Group 3: Impact on the Power Grid - The operation of the project will reduce the transmission power through the Mianyang load center in the western Sichuan region, thereby decreasing grid operation losses and improving voltage stability in the area [3].

Group 1 - The National Development and Reform Commission (NDRC) conducted a field study on electrochemical energy storage in Hengyang, Hunan Province [1] - The research team visited Datang Huayin Power Generation Co., Ltd.'s Yiyang branch to inspect operational thermal power units and electrochemical energy storage stations [1] - The purpose of the visit was to gain insights into the company's production and operational conditions [1]

Industry Development - The energy storage industry is complex due to various technology routes, each with distinct advantages, disadvantages, and cost reduction curves, making the development path more intricate [1] - The introduction of the 136 document and the full market entry of renewable energy are expected to make economic benefits a crucial consideration for energy storage deployment, leading to the potential exit of low-quality, low-cost storage manufacturers [1] - The peak construction period for pumped storage is anticipated, with the performance of pumped storage main engine manufacturers expected to continue improving [1] Pumped Storage - Pumped storage is a mature energy storage technology that has seen development prior to the dual carbon strategy, but it does not directly produce electricity and incurs some losses [2] - The cost-sharing mechanism has historically constrained the development of pumped storage, but the implementation of a two-part pricing mechanism ("capacity price + energy price") by the National Development and Reform Commission has facilitated large-scale development [2] - According to incomplete statistics, the approved pumped storage capacity in China is projected to reach 70 GW, 65 GW, and 35 GW in 2022, 2023, and 2024 respectively, totaling 170 GW [2] Electrochemical Energy Storage - Electrochemical energy storage was initially seen as a key solution for the volatility of renewable energy but has faced frequent policy changes, leading to chaotic development and a market dominated by low-quality products [3] - The removal of mandatory storage requirements has resulted in a significant decline in storage revenues, with future earnings expected to rely on market arbitrage as the energy market fully opens [3] - Electrochemical storage has inherent advantages in frequency regulation, and as the frequency regulation market gradually connects with the spot market, it is expected to become another important revenue source for electrochemical storage [3]