Group 1 - The core viewpoint of the news is the establishment of an independent new energy storage capacity pricing mechanism on the grid side, aimed at enhancing the operational safety of the power system and providing a stable revenue expectation for new energy storage [1][2][3] Group 2 - The notification proposes to increase the proportion of fixed cost recovery for coal power units to no less than 50%, which translates to an annual capacity price of 165 yuan per kilowatt [1] - For pumped storage, the notification maintains the existing pricing mechanism for projects started before the issuance of a previous document, while new projects will adopt a "one province, one price" approach based on average cost recovery [2] - The new energy storage capacity pricing mechanism will be based on local coal power capacity prices, adjusted according to discharge duration and peak contribution, reflecting the actual contribution of storage to peak load support [2][3]