CITIC Securities: The first "AI+" industry policy has been implemented, promising a bright future for the intelligent development of the electric power industry.

A research report by CITIC Securities pointed out that on September 8th, the National Development and Reform Commission and the National Energy Administration issued the "Implementation Opinions on Promoting the High-quality Development of 'Artificial Intelligence +' Energy", which is the specific implementation of the "Artificial Intelligence +" action in the industry. The power system is a major component of the energy sector. In recent years, the process of marketization of the power sector has been continuously advancing. We believe that the implementation of the "Artificial Intelligence + Energy" action, as well as the acceleration of the construction pace of markets such as the electricity spot market and ancillary services market, will directly benefit the development of the digitalization of the electricity industry. According to our conservative estimate, the market size of the electricity digitalization sector in 2030 may reach about 180 billion yuan. We suggest focusing on areas such as power IT, energy big data, algorithm-electricity integration, and market participants in the power sector that benefit from AI empowerment.