证券日报网讯1月7日，绿发电力（000537）在互动平台回答投资者提问时表示，除风电、光伏外，公司 也高度重视储能和光热项目的投资布局。从储能技术路线来看，公司储能项目类型包括电化学储能、液 态压缩空气储能及飞轮储能等。其中，公司于2025年11月并网的乌海市20万千瓦/80万千瓦时独立储能 电站，采用半固态电池技术。 ...

文 | 中关村储能产业技术联盟 "十五五"时期，我国能源革命进入攻坚期，构建新型能源体系成为各省市高质量发展的核心战略。 目前各省市陆续发布了《国民经济和社会发展第十五个五年发展规划的建议》，纵观各地"十五五"规划蓝图，储能已从单纯的技术选项， 跃升为支撑能源转型、培育新质生产力的关键支柱。它不仅是消纳新能源、增强电网韧性的"稳定器"，更是驱动产业升级、实现绿色增长 的"新引擎"。 各省市"十五五"规划中，对储能的部署已形成多元化、规模化的发展共识，主要体现在以下三个层面： 定位升级 普遍将储能（抽水蓄能、新型储能）定位为 "构建新型电力系统" 的关键支撑，旨在提升电力系统的互补互济和安全韧性水平。 应用深化 支撑新能源消纳： 将储能作为提高风电、光伏等新能源消纳能力的必备手段，推动"风光火储"等多能互补基地建设。 赋能用户侧与电网： 加快智能电网和微电网建设，其中储能是重要元素；推广虚拟电厂模式； 推动源网荷储一体化， 强调通过储能实现电源、电网、负 荷、存储的协同互动；建设零碳工厂/园区，用户侧储能是实现低碳用能的关键。 探索新模式： 积极探索数据中心、智算中心、交通、钢铁、建筑、化工、绿电直连等配套储能 ...

Core Insights - The proposal outlines the development strategy for Shenyang during the 15th Five-Year Plan period, emphasizing the enhancement of the real economy and the promotion of intelligent, green, and integrated manufacturing [1][2] Group 1: Economic Development and Industry Upgrades - Shenyang aims to optimize and elevate traditional industries by advancing intelligent, green, and service-oriented manufacturing, and promoting the "smart transformation and digital upgrade" of manufacturing [2] - The city plans to cultivate emerging and future industries, focusing on innovative infrastructure, technology research and development, and large-scale application of new technologies and products [2] - Key industrial chains and advanced manufacturing clusters will be developed, with a focus on the automotive and parts industry, equipment manufacturing, aerospace, information technology, and renewable energy sectors [3] Group 2: Financial and Systemic Reforms - The proposal emphasizes the need for comprehensive economic system reforms, particularly in the financial sector, to enhance financial supply and support the development of various financial services [4] - It includes plans to optimize the financial institution system, expand financing scales in credit, bonds, and capital markets, and establish a multi-level investment fund system [4] - The initiative aims to improve the financial ecosystem by establishing a bad asset trading center and enhancing financial arbitration and mediation mechanisms [4]

Core Viewpoint - The proposal emphasizes the acceleration of building a new energy system in Yinchuan, focusing on multi-energy complementarity and the integration of supply and demand in energy production and consumption [1] Group 1: New Energy System Development - The plan advocates for a "wind-solar-fire-storage integration" approach to enhance the efficiency of fossil energy utilization [1] - It aims to establish a comprehensive mechanism for the production, supply, storage, and sales of new energy [1] - The promotion of co-development models such as wind-solar co-location and agricultural-forestry solar complementarity is highlighted [1] Group 2: Infrastructure and Technology - Strengthening the construction of power grid infrastructure is a key focus, aiming to integrate distributed energy and microgrids [1] - The development of new energy storage modes, such as electrochemical storage, and the establishment of shared energy storage stations are emphasized [1] - The proposal includes promoting revenue models like "peak shaving compensation" and "capacity leasing" [1] Group 3: Market Operations and Electrification - The plan calls for coordinated advancement of long-term electricity trading, spot markets, and ancillary service market operations [1] - The construction of virtual power plants is proposed to enhance the consumption of green electricity in key industries [1] - Increasing the electrification level of end-use energy is a significant goal [1]

Investment Rating - The report maintains an investment rating of "Outperform the Market - A" for the industry [5]. Core Insights - Molten salt energy storage is pivotal in transforming coal power from a base-load to a flexible power source, addressing the challenges posed by the increasing share of renewable energy and peak load pressures in the power system [1][16]. - The National Development and Reform Commission and the National Energy Administration have set requirements for coal power efficiency, including reducing minimum output for deep peak shaving to 20% and enhancing load change rates [1][16]. - The molten salt storage technology, particularly steam heating, is currently the mainstream approach due to its high compatibility with thermal power plants and engineering maturity [2][26]. Summary by Sections 1. Special Research - Molten salt energy storage aids in the transition of coal power to a flexible power source, overcoming the "heat determines electricity" dilemma [1][16]. - The technology's core is "thermal-electrical decoupling," allowing for energy storage during low demand and release during peak demand [1][16][22]. - The report highlights the successful operation of the Guoneng Suzhou power plant's molten salt storage project as a replicable model for coal power flexibility transformation [1][25]. 2. Market Information Tracking - Electricity prices in Jiangsu and Guangdong for December 2025 are reported at 339.58 RMB/MWh and 372.33 RMB/MWh, respectively, indicating a decrease in Jiangsu and a slight increase in Guangdong compared to benchmark prices [4][39]. - The average price of thermal coal in the Bohai Rim region is reported at 698 RMB/ton, remaining stable [41]. - The report notes a decline in natural gas prices, with Dutch TTF futures at 29 EUR/TWh and China's LNG at 11 USD/MMBtu [43][45]. 3. Industry Dynamics - The report emphasizes the significant growth in renewable energy installations, with a total capacity of 2.22 billion kW, accounting for nearly 60% of the national total [8]. - The introduction of new pricing mechanisms for electricity transmission and distribution aims to support the efficient utilization of renewable energy and reduce system operation costs [9]. - The ecological environment ministry's carbon emissions trading plan aims to incentivize advanced practices and penalize laggards in key industries [10]. 4. Investment Portfolio and Recommendations - The report suggests focusing on coal power companies with high price elasticity, such as Huaneng International and Huadian International, due to expected improvements in profitability [11]. - For hydropower, the report is optimistic about the fourth quarter outlook, recommending attention to companies like Yangtze Power and Sichuan Investment Energy [11]. - The report also highlights the potential for independent energy storage and virtual power plants under market-driven electricity pricing [12].

文 | 央视新闻 11月27日，记者从国家电投集团了解到，我国电源规模最大、新能源占比最高的"沙戈荒"大基地项目——青海海南清洁能源外送基地 电源项目在青海省西宁市正式开工。 "沙戈荒"是沙漠、戈壁和荒漠的简称，这些地区大多拥有丰富的风能和太阳能资源。青海海南清洁能源外送基地电源项目总投资近 730 亿元 ，基地规划电源总规模达1944万千瓦，新能源装机占比86.4%，涵盖光伏960万千瓦、风电600万千瓦、配套煤电264万千瓦以 及电化学储能120万千瓦/4小时，通过1回±800千伏、容量800万千瓦的特高压直流输电通道直送广东。 相关阅读 新型储能不得计入输配电定价成本！国家发改委印发修订版输配电成本监审和定价办法发布 新型储能容量电价机制破局：各省政策盘点与发展趋势前瞻 ESIE 2026观众预登记开启！全球1000+储能企业，50+国际市场资源，与您4月相约北京 据了解，该项目建成后，年均发电量可达360亿千瓦时，相当于节约标煤约1000万吨，碳减排约2350万吨，建成后每年可向粤港澳大 湾区输送360亿千瓦时，对优化全国能源布局、助力东部地区高质量发展具有重大战略意义。 ESIE 2026 储能产业 ...

Core Insights - The Qinghai Hainan Clean Energy Delivery Base Power Project has commenced construction in Xining, marking a significant development in China's renewable energy sector [1] Investment Overview - The project is led by the State Power Investment Corporation's Huanghe Upstream Hydropower Development Co., Ltd [1] - Total investment for the project is approximately 73 billion yuan [1] - The planned total power generation capacity is 19.44 million kilowatts, which includes 6 million kilowatts from wind power, 9.6 million kilowatts from solar power, 2.64 million kilowatts from coal power, and 120,000 kilowatts of electrochemical energy storage for 4 hours [1] Infrastructure and Capacity - The project features a ±800 kV high-voltage direct current transmission line with a capacity of 8 million kilowatts, designed to deliver electricity directly to Guangdong [1] - This base is noted for having the largest approved renewable energy installed capacity and the highest proportion of green electricity in the "Shagao Desert" area [1]

Core Insights - The project, with a total investment of nearly 73 billion yuan, aims to establish a power generation capacity of 19.44 million kilowatts, including 6 million kilowatts from wind power, 9.6 million kilowatts from solar power, 2.64 million kilowatts from coal power, and 120 million kilowatts of electrochemical energy storage for 4 hours [2] - The project will utilize a ±800 kV ultra-high voltage direct current transmission line with a capacity of 8 million kilowatts to deliver electricity directly to Guangdong [2] - The project is strategically significant for optimizing the national energy layout and supporting high-quality development in the eastern region, with an expected annual power generation of 36 billion kilowatt-hours once completed [2] Company and Industry Summary - The project is supported by key officials from Qinghai Province and the State Power Investment Corporation, highlighting the collaboration between provincial and national entities [2] - The initiative aligns with the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and the Belt and Road Initiative, addressing the increasing electricity demand in Guangdong [2] - The project is expected to provide robust support for Guangdong's green development through Qinghai's abundant clean energy resources [2]

Core Insights - The Qinghai Hainan Clean Energy Delivery Base project has commenced construction, marking it as the largest approved new energy installation in China with the highest proportion of green electricity [1][3] Investment Overview - The total investment for the project is approximately 73 billion yuan, with a planned total power generation capacity of 19.44 million kilowatts, including 6 million kilowatts of wind power, 9.6 million kilowatts of solar power, 2.64 million kilowatts of coal power, and 1.2 million kilowatts of electrochemical energy storage for 4 hours [3] - The project will utilize a ±800 kV high-voltage direct current transmission line with a capacity of 8 million kilowatts to deliver electricity directly to Guangdong [3] Strategic Importance - The project is expected to generate an average annual electricity output of 36 billion kilowatt-hours, which is significant for optimizing the national energy layout and supporting high-quality development in the eastern regions of China [3] - The initiative aligns with the ongoing construction of the Guangdong-Hong Kong-Macao Greater Bay Area and the Belt and Road Initiative, addressing the increasing electricity demand in Guangdong [3]

Core Viewpoint - The article emphasizes the significant development of new energy storage systems by the State Energy Group, highlighting the establishment of a clean, low-carbon, safe, and efficient energy system as part of the "14th Five-Year Plan" [2] Group 1: New Energy Storage Projects - The State Energy Group has 191 new energy storage projects in operation, with a total capacity of 7.7 million kilowatts and 18.39 million kilowatt-hours, focusing on a model of "new energy with storage" [2] - The largest "fire power molten salt storage" project in China has been fully operational at the Anhui Suzhou Power Plant, with a storage capacity of 1,000 megawatt-hours, addressing the dual challenges of heating and power generation [3] - The Lingzhou Power Plant's first shared storage demonstration station has a capacity of 137.6 megawatts and 275.2 megawatt-hours, utilizing idle facilities from decommissioned coal power plants [5][6] Group 2: Innovative Storage Technologies - The Wenzhou Meiyu new energy storage station in Zhejiang, with a capacity of 100 megawatts and 200 megawatt-hours, is a demonstration project for new energy storage in the province, integrating distributed storage and photovoltaic systems [7] - The Ningdong photovoltaic base project in Ningxia features a mixed storage technology with a total capacity of 100 megawatts and 200 megawatt-hours, addressing grid stability issues in harsh environments [10] - The Baishu Storage Power Station in Chongqing, with a capacity of 100 megawatts and 400 megawatt-hours, introduces a "shared storage + grid collaboration" model, enhancing renewable energy consumption [12] Group 3: Advanced Storage Solutions - The Penglai Power Plant in Shandong has developed a composite storage project integrating four types of storage technologies, achieving deep integration with the electricity market [14] - The Taishan Power Plant in Guangdong features a 60 megawatt and 60 megawatt-hour electrochemical storage station, optimizing frequency regulation through advanced control systems [16] - The Boao Zero Carbon Demonstration Zone in Hainan has implemented a 5 megawatt and 10 megawatt-hour all-vanadium flow long-duration storage system, promoting low-carbon building applications [18] Group 4: Future Directions and Goals - The State Energy Group is committed to advancing innovative storage technologies and applications, focusing on long-duration, hybrid, and grid-structured storage solutions to support the transition to a green and low-carbon energy system [24]