Galaxy Securities: National Energy Administration issues notice to promote pilot projects for the construction of new power systems, multiple measures to assist in the integration of new energy sources.

Galaxy Securities released a research report stating that the National Energy Administration issued a notice on organizing the first batch of pilot projects for the construction of new power systems, aiming to promote the construction of new power systems from seven dimensions, which will help improve the situation of new energy consumption. Based on this, 1) the development of grid-connected technology, system-friendly new energy power stations, large-scale high-proportion new energy exports is beneficial for related equipment/software suppliers, as well as new energy generation companies with corresponding technological reserves. 2) The notice emphasizes the development of coordinated electricity calculation at national hub nodes and in regions such as Qinghai, Xinjiang, and Heilongjiang. 3) Actively promoting the clean carbon reduction and efficient regulation transformation of coal-fired units, on one hand, will catalyze the demand for domestic green synthetic ammonia and other zero-carbon low-carbon fuels, suggesting attention to Jidian Co., Ltd.; on the other hand, it will also help coal power plants successfully transform, ushering in a reshaping of profitability and valuation.