经观能源 为全面贯彻党中央国务院决策部署，认真落实国家自主贡献目标要求，加快构建新型电力系统，服务新 型能源体系建设，国家电网有限公司立足电网功能定位、发挥央企使命担当，出台若干举措，更好服务 新能源高质量发展。 一、加强工作协同和规划统筹。强化与主管部门、发电企业协同工作机制，共同落实好国家"十五五"规 划，推动国家和地方、电源和电网规划衔接，优化沙戈荒、水风光基地、省内集中式、分布式新能源规 模、布局和时序，保障"十五五"年均不低于2亿千瓦新能源接网和高效消纳。 二、增强电网资源配置能力。落实"十五五"规划，加大电网投入，加强各级电网建设，力争已纳入规划 的15回特高压直流尽早投产，跨省区输电能力提升35%，建成一批电力互济工程，区域间灵活互济能力 扩大两倍以上，满足新能源大范围高效配置需要。 三、提升新能源承载能力。加强区域主网架、配电网与智能微电网协同规划建设，建成一批县域有源配 电网、村镇级微电网示范工程，服务好工业绿色微电网建设，提升自管理、自平衡能力，促进新能源就 近开发、就地消纳。"十五五"持续加大配电网投入，容量增加9亿千伏安以上。 十、以科技创新支撑能源转型。加强与发电企业、装备企业、科研 ...

近日，国网电科院（南瑞集团）牵头编制的国际标准IEC TS 62196-7:2026《电动汽车传导式充电车辆适配器》正式发布。这是继耦合器标准IEC PAS 63454之后，第二个正式发布的ChaoJi系列国际标准，标志着我国主导的ChaoJi充电技术在解决向下兼容难题的道路上迈出关键一步，为构建全球通用的 充电技术生态提供了权威依据。 IEC TS 62196-7的发布，不仅提供了破解物理接口适配难题的技术方案，更成为构建ChaoJi接口与全球现有主流充电标准兼容体系的关键一环。当前，作 为该技术拼图的其他关键组成部分，配套的System D系统要求以及多系统兼容性要求，正由IEC TC69 MT5和PT17工作组进行深入讨论。随着这些配套标 准后续逐步落地实施，将与IEC TS 62196-7形成协同互补，共同构建起一套可兼容全球各大主流充电标准的完整技术体系。 此次标准的成功发布，充分彰显了国网电科院（南瑞集团）在电动汽车充电领域深厚的技术积淀与广泛的国际影响力。作为该标准牵头单位，国网电科 院（南瑞集团）凭借高质量技术方案的精准输出，为破解全球充电接口兼容性难题注入了中国智慧、提供了中国方案。下一步， ...

近日，国网电科院(南瑞集团)牵头编制的国际标准IEC TS62196-7:2026《电动汽车传导式充电车辆适配器》正式发布。这是继耦合器标准IEC PAS63454之后，第二个正式发布的ChaoJi系列国际标准，标志着我国主导的ChaoJi充电技术在解决向下兼容难题的道路上迈出关键一步，为构建全 球通用的充电技术生态提供了权威依据。 | Language | English | | | --- | --- | --- | | Format | Electronic | V | | User O | | V | 该标准聚焦直流充电车辆适配器的核心技术规范，详细定义了相关的安全、互操作性要求及配套实验方法。作为连接前沿技术与存量设施的桥梁， IEC TS62196-7明确了额定电压高达1500V DC的技术指标，主要适用于转接符合IEC62196-3标准的车辆插头与插座。标准特别针对配置GG(ChaoJi接 口)的车辆插座，与以日本和中国目前使用的直流充电方案(Configuration AA,BB)为典型的车辆插头之间的适配器，进行了严格细致的规范定义。这 一明确界定，使得搭载ChaoJi接口的新一代电动汽车能 ...

2月26日，A股三大指数集体走跌情况下，电网设备板块逆势走强。截至10:30，电网设备ETF （159326）在强势上涨1.93%，成交额达8.22亿元；成分股方面，中天科技、亨通光电、杭电股份涨 停，智洋创新上涨11.77%，通光线缆上涨10.99%，神马电力、四方股份、远东股份、智光电气等股跟 涨。 每日经济新闻 （责任编辑：董萍萍 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 全球能源基建升级进程加快，海外电网改造需求与新型数据中心用电需求形成共振，国内电网设备 企业海外市场空间进一步打开，行业整体景气度维持高位。电网设备ETF（159326）近期获得资金持续 增持，近5日资金净流入额19.82亿元，规模超200亿，刷新历史新高，为全市场规模最大的电网类 ETF。 中信证券表示，全球电网投资将超过4000亿美元，高景气度延续。AI将强势带动全球用电需求增 长，配套电气设备需求显著增加。 电网设 ...

Group 1: Solid-State Battery Industry - The global solid-state battery industry is expected to achieve GWh-level mass production by 2027, driven by collaborative innovation in materials, processes, and equipment [5][6][7] - The solid-state battery supply chain is evolving towards a "materials-equipment-manufacturing-application" collaborative innovation model, with key advancements in electrolyte film formation processes impacting ionic conductivity [6][7] - The global solid-state battery equipment market is projected to reach 120 billion yuan by 2026, with significant demand for new equipment such as dry electrode preparation and isostatic pressing [7][8] Group 2: AI Applications and Media Consumption - The 2026 Spring Festival has become a battleground for major AI companies to showcase their technological capabilities, integrating AI deeply into program production and real-time interactions [10][11] - The focus of domestic AI large models has shifted from general capabilities to native agent capabilities, emphasizing task planning and multi-modal technology breakthroughs [10][11] - The gaming sector during the Spring Festival saw a preference for high DAU games, particularly in the MOBA and FPS genres, with Tencent's games dominating the market [11][12] Group 3: Energy Sector and Coal Market - In 2025, the State Grid's total bidding amount reached 89.4 billion yuan, doubling that of 2022 and increasing by 27% compared to 2024, indicating strong growth in the energy sector [14][15] - The coal market experienced unexpected inventory reductions before the Spring Festival, leading to optimistic coal prices post-holiday, supported by favorable supply conditions [16] - The release of the national unified electricity market policy aims to establish a market-oriented mechanism centered on supply and demand, emphasizing sustainability [17][18] Group 4: New Consumption Trends - The 2026 Spring Festival saw a significant increase in travel and consumption, with cross-regional passenger flow expected to reach 9.5 billion, a 5.32% increase from 2025 [19][20] - The beauty sector showed signs of recovery during the off-peak season, with a notable increase in sales, particularly in the makeup category, driven by festive consumption [22][23] - The overall retail and catering sales during the Spring Festival increased by 8.6% compared to the previous year, reflecting a vibrant consumer market [21][22]

Investment Rating - The investment rating for the utility industry is "Positive" (maintained) [1] Core Insights - The report highlights that the total bidding amount for the State Grid in 2025 reached 89.4 billion yuan, which is more than double that of 2022 and represents a 27% increase compared to 2024, indicating a faster growth rate [3][4] - The report emphasizes the expected fixed asset investment of 4 trillion yuan during the 14th Five-Year Plan, which is approximately 40% higher than the previous plan, supporting future revenue growth for power equipment companies [4][33] Summary by Sections State Grid Bidding Summary - In 2025, the State Grid's total bidding amount was 89.4 billion yuan, exceeding 2022's amount by over two times and growing by 27% from 2024 [3][12] - The top seven equipment categories by bidding amount included switchgear, transformers, cables and accessories, relay protection, communication network equipment, and reactors, with most categories showing year-on-year increases in bidding amounts [3][12][14] Coal Market Insights - The average operating rate of coal mines from New Year's Day to before the Spring Festival was at a low level compared to the past three years, indicating a tight supply situation [5][33] - The report suggests a positive outlook for coal prices post-holiday due to favorable supply conditions [5][33] Power Market Reforms - The release of the "National Unified Power Market System Implementation Opinions" document is seen as a significant step in power market reform, emphasizing marketization and fairness while ensuring supply security [6][7] - The report recommends several companies for investment, including Guiguan Power, Longyuan Power, and China Resources Power, highlighting their dividend yields and growth potential [7] Equipment Company Performance - Among listed companies, China Xidian, Pinggao Electric, and Siyi Electric ranked as the top three in bidding amounts, with Siyi Electric showing nearly 80% growth compared to 2024 [14][19] - The report indicates that the bidding amounts for transformers and combination electrical devices are expected to grow significantly, with a high concentration of market share among leading companies [19][21][28]

【跑好"第一棒" 力促"开门红"】 甘肃虚拟电厂交易结算实现开门红 为推动这一新生事物在甘肃落地落实，去年以来，我省修订印发《甘肃省虚拟电厂建设与运营管理实施 方案》，依托新型电力负荷管理系统，建成集接入测试、运营监测、效果评估、交易全流程管控于一体 的虚拟电厂运营管控平台。同时，完成可调节资源统一编码入库，实现负荷资源池"统一管理、统一调 控、统一服务"；打通虚拟电厂参与电能量市场的全流程链路，推动两家虚拟电厂稳定接入系统、常态 化连续交易，实现市场化闭环运行。目前已形成集政策构建、体系建设、平台支撑、资源规范、市场导 向于一体的服务体系，全链条赋能虚拟电厂建设运营。 责任编辑：杨晨雨 每日甘肃网兰州讯（新甘肃·甘肃日报记者 王占东）今年1月起，甘肃省内虚拟电厂正式开启连续不间断 参与市场交易模式。国家电网甘肃省电力公司落实"日清月结、结算到户"政策，服务省内两家虚拟电厂 及聚合用户，1月累计结算电量达3491.16万千瓦时，顺利实现交易结算开门红。 不占一分地、不烧一克煤的虚拟电厂，通过信息通信等技术，聚合分布式电源、可调负荷、储能等各类 分散资源，作为新型经营主体参与电力系统优化和交易，对电力保供、新能 ...

Investment Rating - The report maintains an "Overweight" rating for the power equipment and new energy industry [2] Core Insights - The State Council issued the "Implementation Opinions on Improving the National Unified Electricity Market System," aiming to establish a unified electricity market by 2030, with market transactions accounting for about 70% of total electricity consumption [4][40] - The report highlights the performance of the power equipment sector, which has seen a year-to-date increase of 9.76%, outperforming the CSI 300 index by 7.82 percentage points [11][14] - The report emphasizes the importance of new operational entities like virtual power plants and smart microgrids in participating flexibly in the electricity market [45] Summary by Sections Market Review - As of February 12, 2026, the power equipment sector rose by 4.97% over the past two weeks, ranking third among 31 sectors [11] - The wind power equipment sector decreased by 3.07%, while the photovoltaic equipment sector increased by 3.93% [18][20] Valuation and Industry Data - As of February 12, 2026, the price-to-earnings (PE) ratio for the power equipment sector is 36.66 times, with sub-sectors like the battery sector at 33.19 times and the photovoltaic sector at 34.99 times [25] - The report provides detailed valuation metrics for various sub-sectors, indicating significant variations in PE ratios compared to their historical averages [25] Industry News - The report discusses the significant growth in renewable energy installations, with a total installed capacity of 2.34 billion kilowatts by the end of 2025, accounting for 60% of the national power generation capacity [40] - It also notes the government's focus on upgrading traditional industries and promoting new energy sectors, including hydrogen energy [40] Company Announcements - The report includes recent announcements from companies in the sector, such as government subsidies received by various firms, indicating ongoing support for the industry [43]

Summary of Key Points from Conference Call Industry Overview - The conference call discusses the electric grid equipment industry, highlighting significant growth driven by multiple factors including government policies and technological advancements in AI [1][2]. Core Insights and Arguments - Electric grid equipment has seen a surge in demand, primarily due to: 1. The release of a prospectus by Si Yuan Electric for its Hong Kong IPO 2. The State Council's issuance of the "Implementation Opinions on Improving the National Unified Electricity Market System" 3. Continuous advancements in AI technology impacting the electricity sector [1] - In North America, the logic of AI-related electricity shortages is becoming clearer, with demand consistently exceeding expectations. This is compounded by rigid supply capacities and delays in production expansions by major overseas manufacturers. By 2030, there is projected to be a 10% shortage of electric transformers in Europe and North America [1]. - Domestic companies are expected to benefit from the overflow of overseas orders, with leading firms in international markets likely to continue outperforming expectations [1]. Investment Recommendations - The call provides specific investment suggestions based on the anticipated growth in the electric grid sector: 1. High-voltage equipment exports and components: Si Yuan Electric, TBEA, Huaming Equipment, etc. 2. Domestic ultra-high voltage and main grid: Pinggao Electric, China XD Electric, XJ Electric, Guodian NARI, etc. 3. Companies focused on the electricity market: Guoneng Rixin, Oriental Electronics, etc. [2]. Additional Important Content - The "14th Five-Year Plan" outlines a total investment of 5 trillion yuan, establishing a foundation for long-term high prosperity in the domestic electricity market [2]. - The goal is to fully establish a national unified electricity market system by 2035, promoting the participation of various power sources from the "Shagehuang" renewable energy base in the electricity market [2].

Group 1 - The State Intellectual Property Office of China has granted a patent to Guodian NARI Technology Co., Ltd. and Guodian NARI Nanjing Control System Co., Ltd. for a method, device, and system for using middleware in power dispatch automation systems, with the announcement number CN116567055B and application date of May 2023 [1] - Guodian NARI Technology Co., Ltd., established in 2001 and located in Nanjing, primarily engages in software and information technology services, with a registered capital of 803.2088259 million RMB. The company has invested in 42 enterprises, participated in 5000 bidding projects, and holds 5000 patent records along with 13 trademark records and 184 administrative licenses [1] - Guodian NARI Nanjing Control System Co., Ltd., founded in 1993 and also based in Nanjing, focuses on professional technical services, with a registered capital of 150 million RMB. The company has invested in 1 enterprise, participated in 5000 bidding projects, and possesses 3270 patent records along with 12 administrative licenses [1]