Group 1 - State Grid Shanghai Electric Power successfully completed the power supply guarantee task for the National Day and Mid-Autumn Festival, ensuring stable electricity supply during the holiday period [1] - The highest electricity load in Shanghai reached 29.43 million kilowatts on October 6, a year-on-year increase of 40.68% [1] - The average temperature in Shanghai was approximately 8 degrees Celsius higher than the same period last year, contributing to increased electricity demand [1] Group 2 - China Energy Construction's East China Design Institute announced the successful water pressure test of the 7th boiler for the Huainan Pingui Power Plant Phase IV, marking the completion of the main installation work [3] - The project involves two 1 million kilowatt ultra-supercritical coal-fired generating units [3] Group 3 - Shanghai Electric Power Transmission and Transformation Engineering Company won the bid for the electrical installation of the Gansu-Zhejiang ±800 kV UHVDC project, specifically for the Yuezhou converter station [5] - The Gansu-Zhejiang UHVDC project is the world's first to use flexible DC transmission technology at both sending and receiving ends [5] Group 4 - Shanghai Jiao Tong University’s National Energy Investment Smart Energy Innovation Institute signed a technical cooperation framework agreement with the State Power Investment Corporation Energy Research Institute [6] - The collaboration focuses on technological innovation and talent cultivation [6] Group 5 - Shanghai Cairi Energy Technology successfully connected two commercial energy storage projects in Changzhou to the grid, promoting green and low-carbon transformation for local enterprises [7] - The projects include a 2MW/4.176MWh energy storage station and a 2MW/4.179MWh energy storage project [7] Group 6 - A delegation from Japan's Toho Electric visited Shanghai Ronghe Yuan Storage Energy for business discussions and research [9] - The discussions focused on the application scenarios of energy storage systems and the development potential of the Japanese market [9] Group 7 - Shanghai Electric Co., Ltd. People's Electric Factory signed a strategic cooperation agreement with Shanghai Electric Research Institute [11] - The meeting addressed industry development trends, market competition, and future cooperation projects [11] Group 8 - The State Grid Shanghai Electric Power Company’s Electric Power Research Institute led a project that won the first prize of the China Invention and Entrepreneurship Award [13] - The project tackled the technical challenges of integrated detection of partial discharge in transformers using built-in ultrasonic and high-frequency technology [14]

Industry News - China's monthly electricity consumption has surpassed 1 trillion kilowatt-hours for the first time, reaching 1.0226 trillion kilowatt-hours in July, a year-on-year increase of 8.6% [4][4] - In July, the electricity consumption by different sectors was as follows: primary industry at 17 billion kilowatt-hours (up 20.2%), secondary industry at 593.6 billion kilowatt-hours (up 4.7%), tertiary industry at 208.1 billion kilowatt-hours (up 10.7%), and urban and rural residential electricity consumption at 203.9 billion kilowatt-hours (up 18.0%) [4][4] - In the first seven months, China's railway transported 1.196 billion tons of coal, including 816 million tons of electricity coal, contributing to a high level of coal storage for power plants [4] Company News - China Petroleum & Chemical Corporation announced the discovery of a new large shale gas field with proven reserves of 165.025 billion cubic meters, which has been approved by the Ministry of Natural Resources [5] - China Shenhua Energy's subsidiary received approval for the expansion of the Guoneng Wanzhou Power Plant, which involves an investment of 6.655 billion yuan to build two 1 million kilowatt ultra-supercritical coal-fired generating units [7] - Longyuan Power Group reported a decline in revenue for the first half of the year, with total revenue of 15.657 billion yuan, down 18.61% year-on-year, and net profit attributable to shareholders of 3.375 billion yuan, down 13.79% [7] - China XD Electric Co., Ltd. reported a 30.08% increase in net profit for the first half of the year, reaching 598 million yuan, with total revenue of 11.331 billion yuan, up 8.91% [8] Local News - Shanxi Province has released a draft for the implementation plan of the market-oriented reform of renewable energy grid prices, focusing on both existing and new renewable energy projects [9] - Jiangsu Province has expanded the scope of "time-of-use electricity pricing" to include most commercial electricity users, significantly reducing electricity costs during off-peak hours [9] International News - Former President Trump reiterated that the U.S. will not approve solar or wind projects, stating that the era of approving such projects has ended [10] - Russia's First Deputy Prime Minister indicated the potential for exporting liquefied natural gas to India, alongside ongoing oil and coal supplies [10]

Core Viewpoint - China Shenhua announced the approval of the Phase II expansion project of the Guoneng Chongqing Wanzhou Power Co., which includes the construction of two 1 million kilowatt ultra-supercritical coal-fired generating units [1] Investment Details - The total investment for the project is 6.655 billion yuan, with a capital contribution of 1.997 billion yuan, accounting for 30% of the total investment [1] - Bank loans amount to 4.658 billion yuan, representing 70% of the total investment [1] Project Specifications - The project will construct two 1 million kilowatt ultra-supercritical coal-fired generating units [1] - Supporting facilities for desulfurization and denitrification will be built simultaneously [1]