570 lines
43 KiB
HTML
570 lines
43 KiB
HTML
<!DOCTYPE html>
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<html lang="zh-CN" data-theme="night">
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<head>
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<meta charset="UTF-8">
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<meta name="viewport" content="width=device-width, initial-scale=1.0">
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<title>电力概念深度研究报告</title>
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<script src="https://cdn.tailwindcss.com"></script>
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<link href="https://cdn.jsdelivr.net/npm/daisyui@4.10.2/dist/full.min.css" rel="stylesheet" type="text/css" />
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<script defer src="https://cdn.jsdelivr.net/npm/alpinejs@3.x.x/dist/cdn.min.js"></script>
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<script src="https://cdn.jsdelivr.net/npm/echarts@5.5.0/dist/echarts.min.js"></script>
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<style>
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@import url('https://fonts.googleapis.com/css2?family=Poppins:wght@300;400;500;600;700&display=swap');
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body {
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font-family: 'Poppins', sans-serif;
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background-color: #0c0a1a;
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background-image:
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radial-gradient(ellipse 80% 80% at 50% -20%, rgba(57, 10, 108, 0.3), rgba(255, 255, 255, 0)),
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radial-gradient(circle at 80% 90%, rgba(30, 80, 180, 0.25), transparent 60%),
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radial-gradient(circle at 10% 20%, rgba(80, 20, 150, 0.25), transparent 50%);
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color: #e0e0e0;
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}
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.glass-card {
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background: rgba(20, 18, 43, 0.5);
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backdrop-filter: blur(20px);
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-webkit-backdrop-filter: blur(20px);
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border: 1px solid rgba(255, 255, 255, 0.1);
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border-radius: 2rem; /* 极致圆角 */
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box-shadow: 0 8px 32px 0 rgba(31, 38, 135, 0.1);
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transition: all 0.3s ease;
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transform: translateY(-5px);
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border: 1px solid rgba(255, 255, 255, 0.2);
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}
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.bento-grid {
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display: grid;
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gap: 1.5rem;
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grid-template-columns: repeat(12, 1fr);
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.grid-span-12 { grid-column: span 12; }
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@media (min-width: 1024px) {
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.highlight-text {
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color: #82aaff; /* A bright, techy blue */
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font-weight: 600;
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}
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.section-title {
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font-size: 1.75rem;
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font-weight: 700;
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background: -webkit-linear-gradient(45deg, #a0c4ff, #82aaff, #c792ea);
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-webkit-background-clip: text;
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-webkit-text-fill-color: transparent;
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border-bottom: 2px solid rgba(130, 170, 255, 0.2);
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padding-bottom: 0.5rem;
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margin-bottom: 1.5rem;
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}
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.tab {
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transition: all 0.3s ease;
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color: rgba(255, 255, 255, 0.6);
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.tab-active {
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color: #c792ea !important;
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border-bottom-color: #c792ea !important;
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.table thead th {
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background-color: rgba(130, 170, 255, 0.1);
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color: #e0e0e0;
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border-bottom: 1px solid rgba(255, 255, 255, 0.2);
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.table tbody tr {
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border-bottom: 1px solid rgba(255, 255, 255, 0.1);
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.table tbody tr:last-child {
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border-bottom: none;
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.table a {
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color: #82aaff;
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text-decoration: none;
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transition: color 0.3s ease;
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}
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.table a:hover {
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color: #a0c4ff;
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}
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</style>
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</head>
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<body class="min-h-screen p-4 sm:p-8">
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<div class="max-w-screen-2xl mx-auto">
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<header class="text-center mb-12">
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<h1 class="text-4xl md:text-6xl font-bold bg-clip-text text-transparent bg-gradient-to-r from-blue-400 via-purple-400 to-cyan-300 py-2">
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电力概念深度研究报告
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</h1>
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<p class="mt-4 text-gray-400 text-sm">
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由北京价值前沿科技有限公司 AI投研agent: '价小前投研' 呈现 | 本报告为AI合成数据，投资需谨慎。
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</p>
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</header>
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<main class="space-y-8">
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<!-- Bento Grid -->
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<div class="bento-grid">
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<!-- Core View -->
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<div class="glass-card p-8 grid-span-12">
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<h2 class="section-title">核心观点摘要</h2>
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<p class="text-lg text-gray-300 leading-relaxed">
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电力行业正经历一场深刻的价值重估，其核心逻辑已从过去依赖煤价波动的强周期博弈，转变为 <span class="highlight-text">“业绩修复的价值回归”</span> 与 <span class="highlight-text">“新型电力系统建设的成长叙事”</span> 双轮驱动。当前，行业正处于基本面改善（成本下行、需求增长）与改革红利（市场化、容量电价）共振的“戴维斯双击”早期阶段，其低估值、高股息的防御属性在低利率环境下凸显，同时智能电网、储能、虚拟电厂等细分领域则孕育着巨大的成长潜力。
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</p>
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</div>
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<!-- Timeline & Logic -->
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<div class="glass-card p-8 grid-span-8">
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<h2 class="section-title">概念演进与核心驱动力</h2>
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<div class="space-y-6">
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<div>
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<h3 class="font-semibold text-xl text-purple-300 mb-2">关键催化事件轴</h3>
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<ul class="list-disc list-inside space-y-2 text-gray-300">
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<li><span class="font-bold text-cyan-300">2024年至今:</span> 煤价大幅下行，驱动火电企业盈利能力根本性修复。国电电力Q1标煤单价同比下降<span class="highlight-text">8.34%</span>。</li>
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<li><span class="font-bold text-cyan-300">2025/01/26:</span> 安徽省容量电价细则出台，标志两部制电价改革加速落地，重估火电“压舱石”价值。</li>
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<li><span class="font-bold text-cyan-300">2025年夏:</span> 迎峰度夏行情，电力负荷屡创新高。7月4日全国最大负荷达<span class="highlight-text">14.65亿千瓦</span>，创历史新高。</li>
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<li><span class="font-bold text-cyan-300">2025/07起:</span> 南方区域电力市场转入连续结算试运行，电力市场化改革迈入“自由交易”新纪元。</li>
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</ul>
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</div>
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<div>
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<h3 class="font-semibold text-xl text-purple-300 mb-2">盈利逻辑重构 (火电的价值回归)</h3>
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<p class="text-gray-300">市场认知正从煤炭“影子股”转向公用事业股。成本端通过 <span class="highlight-text">煤炭长协机制</span> (国电电力占比96%)变得可控；收入端由 <span class="highlight-text">容量电价机制</span> 提供稳定利润基石，与发电量和煤价波动解耦，盈利稳定性远超市场预期。</p>
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</div>
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<div>
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<h3 class="font-semibold text-xl text-purple-300 mb-2">结构性增长 (新型电力系统构建)</h3>
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<p class="text-gray-300">高比例新能源并网带来消纳与稳定挑战，催生对 <span class="highlight-text">电网升级、灵活性资源（储能）、需求侧管理（虚拟电厂）</span>的巨大需求。国家电网前三季度固投超4200亿元，同比增长8.1%，验证投资落地。</p>
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</div>
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</div>
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</div>
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<!-- Chart & Market Perception -->
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<div class="glass-card p-8 grid-span-4 flex flex-col">
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<h2 class="section-title">关键数据一览</h2>
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<div id="demandChart" class="flex-grow min-h-[300px]"></div>
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<div class="mt-6">
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<h3 class="font-semibold text-xl text-purple-300 mb-2">市场预期差分析</h3>
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<ul class="space-y-2 text-sm text-gray-400">
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<li><strong class="text-cyan-400">火电认知差：</strong> 从“高波动周期股”到“盈利稳定的压舱石”。华银电力Q1净利<span class="highlight-text">增894%</span>是明证。</li>
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<li><strong class="text-cyan-400">水电认知差：</strong> 并非无风险现金牛，受“来水”与“弃水”影响，电网建设是释放其价值的关键。</li>
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<li><strong class="text-cyan-400">电网投资认知差：</strong> 市场焦点在发电侧，但最大增量投入或在电网侧（智能电表、调度软件），是高确定性、被低估的赛道。</li>
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</ul>
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</div>
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</div>
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</div>
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<!-- Future Path & Catalysts -->
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<div class="glass-card p-8">
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<h2 class="section-title">发展路径与催化剂</h2>
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<div class="grid grid-cols-1 lg:grid-cols-2 gap-8">
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<div>
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<h3 class="font-semibold text-xl text-purple-300 mb-4">近期催化剂 (未来3-6个月)</h3>
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<div class="timeline">
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<ul class="steps steps-vertical">
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<li class="step step-primary text-left"><span class="font-bold">业绩报告窗口：</span>验证火电盈利修复的持续性。</li>
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<li class="step step-primary text-left"><span class="font-bold">迎峰度冬：</span>新一轮用电负荷高峰，再引市场关注。</li>
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<li class="step step-primary text-left"><span class="font-bold">政策细则落地：</span>全国统一电力市场、辅助服务市场等政策明确。</li>
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<li class="step step-primary text-left"><span class="font-bold">智能电网招标：</span>国网新一轮招标公布，直接利好设备公司。</li>
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</ul>
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</div>
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</div>
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<div>
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<h3 class="font-semibold text-xl text-purple-300 mb-4">长期发展路径</h3>
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<div class="space-y-4">
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<div class="p-4 bg-white/5 rounded-2xl border border-white/10">
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<h4 class="font-bold text-cyan-300">当前至2030年 (加速转型期)</h4>
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<p class="text-sm text-gray-300 mt-1">火电完成灵活性改造，估值向公用事业靠拢；绿电成为增量主体，绿证交易成重要利润补充；电网投资重点在智能化与特高压。</p>
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</div>
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<div class="p-4 bg-white/5 rounded-2xl border border-white/10">
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<h4 class="font-bold text-cyan-300">2030至2045年 (总体形成期)</h4>
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<p class="text-sm text-gray-300 mt-1">新能源成装机和发电量主体，长时储能需求爆发；电力市场体系成熟，现货交易普及。</p>
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</div>
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<div class="p-4 bg-white/5 rounded-2xl border border-white/10">
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<h4 class="font-bold text-cyan-300">2045年后 (巩固完善期)</h4>
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<p class="text-sm text-gray-300 mt-1">全面建成新型电力系统，实现双碳目标。</p>
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</div>
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</div>
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</div>
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</div>
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</div>
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<!-- Industry Chain & Risks -->
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<div class="bento-grid">
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<div class="glass-card p-8 grid-span-8">
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<h2 class="section-title">产业链与核心公司深度剖析</h2>
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<div id="chainChart" class="w-full h-96"></div>
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<div class="mt-6 grid grid-cols-1 md:grid-cols-2 gap-4 text-sm">
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<div class="p-3 bg-white/5 rounded-xl">
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<strong class="text-cyan-300">火电运营商 (价值修复):</strong>
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<p class="text-gray-400">皖能电力(区域龙头，高利用小时数)、国电电力(全国布局，多元化发展)。</p>
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</div>
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<div class="p-3 bg-white/5 rounded-xl">
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<strong class="text-cyan-300">水电运营商 (稳定现金牛):</strong>
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<p class="text-gray-400">长江电力(资源禀赋独一无二，典型防御性高股息资产)。</p>
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</div>
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<div class="p-3 bg-white/5 rounded-xl">
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<strong class="text-cyan-300">核电运营商 (长坡厚雪):</strong>
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<p class="text-gray-400">中国核电/广核(双寡头，确定性成长，未来高分红潜力)。</p>
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</div>
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<div class="p-3 bg-white/5 rounded-xl">
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<strong class="text-cyan-300">电网设备商 (成长确定性):</strong>
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<p class="text-gray-400">海兴电力/煜邦电力(智能电表更新周期+海外拓展双轮驱动)。</p>
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</div>
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</div>
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</div>
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<div class="glass-card p-8 grid-span-4">
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<h2 class="section-title">潜在风险与挑战</h2>
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<ul class="space-y-3 text-gray-300">
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<li><strong class="text-red-400">技术风险:</strong> "双高"特性带来宽频振荡等新型失稳风险，挑战系统安全。</li>
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<li><strong class="text-red-400">商业化风险:</strong> 煤价反弹、市场化电价剧烈波动可能侵蚀利润。</li>
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<li><strong class="text-red-400">政策与竞争风险:</strong> 改革进度不及预期，新能源项目同质化竞争拉低收益率。</li>
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<li><strong class="text-red-400">市场情绪风险:</strong> 短期股价可能与基本面脱钩，需警惕追高风险。</li>
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</ul>
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</div>
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</div>
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<!-- Conclusion & Key Metrics -->
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<div class="glass-card p-8">
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<h2 class="section-title">综合结论与投资启示</h2>
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<div class="grid grid-cols-1 lg:grid-cols-3 gap-8">
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<div class="lg:col-span-1">
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<h3 class="font-semibold text-xl text-purple-300 mb-4">综合看法</h3>
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<p class="text-gray-300">电力概念已进入深刻的基本面驱动阶段，从周期股向 <span class="highlight-text">“价值+成长”</span> 兼具的公用事业股转型，具备长期配置价值。火电的盈利修复是当前最确定的逻辑，新型电力系统建设则提供长期成长空间。</p>
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</div>
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<div class="lg:col-span-2">
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<h3 class="font-semibold text-xl text-purple-300 mb-4">最具投资价值环节与关键跟踪指标</h3>
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<div class="space-y-4">
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<div>
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<h4 class="font-bold text-cyan-300">三大价值环节:</h4>
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<p class="text-gray-400 text-sm">
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1. <span class="font-semibold">火电运营商:</span> 盈利修复+价值重估，预期差显著。
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2. <span class="font-semibold">电网智能化与升级:</span> 能源转型“卖水人”，需求刚性，增长路径清晰。
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3. <span class="font-semibold">核电:</span> 长线优选，顶层规划驱动，具备穿越周期的能力。
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</p>
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</div>
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<div>
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<h4 class="font-bold text-cyan-300">需重点跟踪的关键指标:</h4>
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<div class="grid grid-cols-2 md:grid-cols-3 gap-2 text-xs mt-2">
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<span class="p-2 bg-gray-700/50 rounded-lg text-center">秦皇岛动力煤价格</span>
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<span class="p-2 bg-gray-700/50 rounded-lg text-center">月度用电量增速</span>
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<span class="p-2 bg-gray-700/50 rounded-lg text-center">火电利用小时数</span>
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<span class="p-2 bg-gray-700/50 rounded-lg text-center">新能源弃风弃光率</span>
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<span class="p-2 bg-gray-700/50 rounded-lg text-center">容量电价政策</span>
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<span class="p-2 bg-gray-700/50 rounded-lg text-center">电网资本开支计划</span>
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</div>
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</div>
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</div>
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</div>
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</div>
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</div>
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<!-- Supporting Data Tabs -->
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<div x-data="{ tab: 'news' }" class="glass-card p-8">
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<div class="tabs tabs-bordered mb-6">
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<a class="tab tab-lg" :class="{ 'tab-active': tab === 'news' }" @click="tab = 'news'">新闻动态</a>
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<a class="tab tab-lg" :class="{ 'tab-active': tab === 'roadshow' }" @click="tab = 'roadshow'">路演精粹</a>
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<a class="tab tab-lg" :class="{ 'tab-active': tab === 'reports' }" @click="tab = 'reports'">研报洞察</a>
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<a class="tab tab-lg" :class="{ 'tab-active': tab === 'rise' }" @click="tab = 'rise'">涨幅分析</a>
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</div>
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<div x-show="tab === 'news'" class="prose max-w-none prose-invert prose-p:text-gray-300 prose-li:text-gray-300">
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<h3 class="text-purple-300">市场动态与个股表现</h3>
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<ul>
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<li><strong>2025-07-04:</strong> 全国最大电力负荷达到<span class="highlight-text">14.65亿千瓦</span>，创历史新高，迎峰度夏行情火热。</li>
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<li><strong>2025-04-25:</strong> 电力板块持续拉升，明星电力、湖南发展、九洲集团等近10股涨停。</li>
|
||
<li><strong>2025-04-21:</strong> 电力板块反复活跃，乐山电力走出<span class="highlight-text">10天6板</span>。</li>
|
||
</ul>
|
||
<h3 class="text-purple-300">行业基本面</h3>
|
||
<ul>
|
||
<li><strong>成本端:</strong> 受益煤价大幅下跌，火电一季度业绩稳步增长。2024年以来动力煤价格重心同比降8%。</li>
|
||
<li><strong>需求端:</strong> 预计2025年全社会用电需求有望维持<span class="highlight-text">5%-8%</span>增速。</li>
|
||
<li><strong>绿色电力:</strong> 南方电网区域一季度绿证绿电交易规模达1289亿千瓦时，同比爆发式增长，已超越前两年之和。</li>
|
||
</ul>
|
||
<h3 class="text-purple-300">市场改革</h3>
|
||
<ul>
|
||
<li><strong>南方区域电力市场:</strong> 全球最大“电力超市”转入连续结算试运行，标志中国电力市场化改革迈入“自由交易”新纪元。</li>
|
||
</ul>
|
||
</div>
|
||
|
||
<div x-show="tab === 'roadshow'" class="prose max-w-none prose-invert prose-p:text-gray-300 prose-li:text-gray-300">
|
||
<h3 class="text-purple-300">皖能电力</h3>
|
||
<ul>
|
||
<li><strong>经营状况:</strong> 2023年发电量达490亿千瓦时，创历史新高。2024年火电利用小时数目标<span class="highlight-text">超5000小时</span>。</li>
|
||
<li><strong>燃料成本:</strong> 2024年上半年入炉标煤单价<span class="highlight-text">跌破1000元/吨</span>，长协煤兑现率超90%。</li>
|
||
<li><strong>电价:</strong> 容量电价获取率预计90%以上，辅助服务收入大幅增加。</li>
|
||
</ul>
|
||
<h3 class="text-purple-300">国电电力</h3>
|
||
<ul>
|
||
<li><strong>经营业绩:</strong> 2023年净利润同比增长超90%，主要因火电利润贡献增加。</li>
|
||
<li><strong>成本控制:</strong> 2025Q1标煤单价同比下降8.34%，<span class="highlight-text">长协煤占比高达96%</span>。</li>
|
||
<li><strong>新能源发展:</strong> “十四五”规划35GW目标，2024年计划新增1000万千瓦以上。</li>
|
||
</ul>
|
||
<h3 class="text-purple-300">海兴电力 (智能电网设备)</h3>
|
||
<ul>
|
||
<li><strong>国内市场:</strong> 国网智能电表招标量预计增长超20%。2025年是“大规模更换周期”。</li>
|
||
<li><strong>海外市场:</strong> 积极拓展巴西、墨西哥、印尼等市场，海外产品毛利率高于国内。</li>
|
||
</ul>
|
||
</div>
|
||
|
||
<div x-show="tab === 'reports'" class="prose max-w-none prose-invert prose-p:text-gray-300 prose-li:text-gray-300">
|
||
<h3 class="text-purple-300">新型电力系统发展蓝皮书 (2024-01-31)</h3>
|
||
<ul>
|
||
<li><strong>发展阶段:</strong> 明确加速转型期(至2030)、总体形成期(2030-45)、巩固完善期(2045-60)三阶段路线图。</li>
|
||
<li><strong>核心转变:</strong> 煤电向基础保障性和系统调节性电源转型；储能满足日内平衡调节需求。</li>
|
||
</ul>
|
||
<h3 class="text-purple-300">电力系统稳定性深度解析 (2024-05-11)</h3>
|
||
<ul>
|
||
<li><strong>核心挑战:</strong> 高比例电力电子设备（双高）接入，导致传统基于短路比(SCR)的稳定性分析方法可能失效。</li>
|
||
<li><strong>潜在风险:</strong> 系统宽频段振荡场景增多，非线性复杂度剧增。</li>
|
||
</ul>
|
||
<h3 class="text-purple-300">电力商品经济属性与市场设计 (2024-05-09)</h3>
|
||
<ul>
|
||
<li><strong>市场体系:</strong> 构建体现<span class="highlight-text">电能量、安全、绿色</span>三重价值的新型电力市场体系。</li>
|
||
<li><strong>未来方向:</strong> 完善容量市场、辅助服务市场，并与绿电、碳市场协同发展。</li>
|
||
</ul>
|
||
</div>
|
||
|
||
<div x-show="tab === 'rise'" class="prose max-w-none prose-invert prose-p:text-gray-300 prose-li:text-gray-300">
|
||
<h3 class="text-purple-300">涪陵电力 (600452) 涨幅分析</h3>
|
||
<ul>
|
||
<li><strong>核心原因:</strong> 板块联动与需求增长共振。电力板块当日集体走强，同时国家电网经营区电力负荷创历史新高。</li>
|
||
<li><strong>区域因素:</strong> 重庆地区持续高温天气刺激空调用电负荷大幅增加。</li>
|
||
<li><strong>政策利好:</strong> 电力市场化改革持续推进，为企业盈利能力带来积极预期。</li>
|
||
</ul>
|
||
<h3 class="text-purple-300">晋控电力 (000767) 涨幅分析</h3>
|
||
<ul>
|
||
<li><strong>板块效应:</strong> 电力板块整体强劲，华银电力、韶能股份等多股涨停，带动板块内个股普涨。</li>
|
||
<li><strong>需求旺盛:</strong> 全国用电负荷创历史新高，市场对电力企业盈利预期提升。</li>
|
||
<li><strong>改革催化:</strong> 南方电力市场转入结算试运行，标志着电力市场化改革深入，形成实质性利好。</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- Stock Table -->
|
||
<div class="glass-card p-8">
|
||
<h2 class="section-title">相关概念股梳理</h2>
|
||
<div class="overflow-x-auto">
|
||
<table class="table table-zebra w-full">
|
||
<thead>
|
||
<tr>
|
||
<th>产业链环节</th>
|
||
<th>细分领域</th>
|
||
<th>股票名称</th>
|
||
<th>股票代码</th>
|
||
<th>核心逻辑</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr>
|
||
<td rowspan="27" class="font-bold align-top pt-4">电力设备</td>
|
||
<td rowspan="12">变压器</td>
|
||
<td>思源电气</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=002028" target="_blank">002028</a></td>
|
||
<td>变压器</td>
|
||
</tr>
|
||
<tr><td>三变科技</td><td><a href="https://valuefrontier.cn/company?scode=002112" target="_blank">002112</a></td><td>变压器</td></tr>
|
||
<tr><td>华明装备</td><td><a href="https://valuefrontier.cn/company?scode=002270" target="_blank">002270</a></td><td>变压器</td></tr>
|
||
<tr><td>伊戈尔</td><td><a href="https://valuefrontier.cn/company?scode=002922" target="_blank">002922</a></td><td>变压器</td></tr>
|
||
<tr><td>昇辉科技</td><td><a href="https://valuefrontier.cn/company?scode=300423" target="_blank">300423</a></td><td>变压器</td></tr>
|
||
<tr><td>扬电科技</td><td><a href="https://valuefrontier.cn/company?scode=301012" target="_blank">301012</a></td><td>变压器</td></tr>
|
||
<tr><td>明阳电气</td><td><a href="https://valuefrontier.cn/company?scode=301291" target="_blank">301291</a></td><td>变压器</td></tr>
|
||
<tr><td>特变电工</td><td><a href="https://valuefrontier.cn/company?scode=600089" target="_blank">600089</a></td><td>变压器</td></tr>
|
||
<tr><td>保变电气</td><td><a href="https://valuefrontier.cn/company?scode=600550" target="_blank">600550</a></td><td>变压器</td></tr>
|
||
<tr><td>中国西电</td><td><a href="https://valuefrontier.cn/company?scode=601179" target="_blank">601179</a></td><td>变压器</td></tr>
|
||
<tr><td>江苏华辰</td><td><a href="https://valuefrontier.cn/company?scode=603097" target="_blank">603097</a></td><td>变压器</td></tr>
|
||
<tr><td>金盘科技</td><td><a href="https://valuefrontier.cn/company?scode=688676" target="_blank">688676</a></td><td>变压器</td></tr>
|
||
<tr>
|
||
<td rowspan="2">绝缘子</td>
|
||
<td>大连电瓷</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=002606" target="_blank">002606</a></td>
|
||
<td>绝缘子</td>
|
||
</tr>
|
||
<tr><td>神马电力</td><td><a href="https://valuefrontier.cn/company?scode=603530" target="_blank">603530</a></td><td>绝缘子</td></tr>
|
||
<tr>
|
||
<td rowspan="9">智能电表</td>
|
||
<td>科陆电子</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=002121" target="_blank">002121</a></td>
|
||
<td>智能电表</td>
|
||
</tr>
|
||
<tr><td>九洲集团</td><td><a href="https://valuefrontier.cn/company?scode=300040" target="_blank">300040</a></td><td>智能电表</td></tr>
|
||
<tr><td>炬华科技</td><td><a href="https://valuefrontier.cn/company?scode=300360" target="_blank">300360</a></td><td>智能电表</td></tr>
|
||
<tr><td>迦南智能</td><td><a href="https://valuefrontier.cn/company?scode=300880" target="_blank">300880</a></td><td>智能电表</td></tr>
|
||
<tr><td>万胜智能</td><td><a href="https://valuefrontier.cn/company?scode=300882" target="_blank">300882</a></td><td>智能电表</td></tr>
|
||
<tr><td>林洋能源</td><td><a href="https://valuefrontier.cn/company?scode=601222" target="_blank">601222</a></td><td>智能电表</td></tr>
|
||
<tr><td>三星医疗</td><td><a href="https://valuefrontier.cn/company?scode=601567" target="_blank">601567</a></td><td>智能电表</td></tr>
|
||
<tr><td>海兴电力</td><td><a href="https://valuefrontier.cn/company?scode=603556" target="_blank">603556</a></td><td>智能电表</td></tr>
|
||
<tr><td>西力科技</td><td><a href="https://valuefrontier.cn/company?scode=688616" target="_blank">688616</a></td><td>智能电表</td></tr>
|
||
<tr>
|
||
<td rowspan="4" class="align-top pt-4">输变配电</td>
|
||
<td>平高电气</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=600312" target="_blank">600312</a></td>
|
||
<td>输电</td>
|
||
</tr>
|
||
<tr><td>许继电气</td><td><a href="https://valuefrontier.cn/company?scode=000400" target="_blank">000400</a></td><td>输配电核心设备商</td></tr>
|
||
<tr><td>国电南瑞</td><td><a href="https://valuefrontier.cn/company?scode=600406" target="_blank">600406</a></td><td>电网自动化龙头</td></tr>
|
||
<tr><td>四方股份</td><td><a href="https://valuefrontier.cn/company?scode=601126" target="_blank">601126</a></td><td>配电保护与自动化</td></tr>
|
||
<tr>
|
||
<td rowspan="15" class="font-bold align-top pt-4">智能电网 & 虚拟电厂</td>
|
||
<td rowspan="4">用户侧设备</td>
|
||
<td>威胜信息</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=688100" target="_blank">688100</a></td>
|
||
<td>智能电表(中标量第一梯队)</td>
|
||
</tr>
|
||
<tr><td>鼎信通讯</td><td><a href="https://valuefrontier.cn/company?scode=603421" target="_blank">603421</a></td><td>智能电表(中标量前三)</td></tr>
|
||
<tr><td>煜邦电力</td><td><a href="https://valuefrontier.cn/company?scode=688597" target="_blank">688597</a></td><td>计量终端</td></tr>
|
||
<tr><td>友讯达</td><td><a href="https://valuefrontier.cn/company?scode=300514" target="_blank">300514</a></td><td>通信模块</td></tr>
|
||
<tr>
|
||
<td rowspan="3">智能调度</td>
|
||
<td>东方电子</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=000682" target="_blank">000682</a></td>
|
||
<td>智能调度</td>
|
||
</tr>
|
||
<tr><td>积成电子</td><td><a href="https://valuefrontier.cn/company?scode=002339" target="_blank">002339</a></td><td>智能调度</td></tr>
|
||
<tr><td>远光软件</td><td><a href="https://valuefrontier.cn/company?scode=002063" target="_blank">002063</a></td><td>电网信息化</td></tr>
|
||
<tr>
|
||
<td rowspan="8">虚拟电厂</td>
|
||
<td>朗新集团</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=300682" target="_blank">300682</a></td>
|
||
<td>负荷聚合商龙头</td>
|
||
</tr>
|
||
<tr><td>国能日新</td><td><a href="https://valuefrontier.cn/company?scode=301162" target="_blank">301162</a></td><td>负荷聚合商</td></tr>
|
||
<tr><td>南网能源</td><td><a href="https://valuefrontier.cn/company?scode=003035" target="_blank">003035</a></td><td>综合能源服务</td></tr>
|
||
<tr><td>智光电气</td><td><a href="https://valuefrontier.cn/company?scode=002169" target="_blank">002169</a></td><td>负荷聚合商</td></tr>
|
||
<tr><td>恒实科技</td><td><a href="https://valuefrontier.cn/company?scode=300513" target="_blank">300513</a></td><td>负荷聚合商</td></tr>
|
||
<tr><td>金智科技</td><td><a href="https://valuefrontier.cn/company?scode=002090" target="_blank">002090</a></td><td>负荷聚合商</td></tr>
|
||
<tr><td>国网信通</td><td><a href="https://valuefrontier.cn/company?scode=600131" target="_blank">600131</a></td><td>虚拟电厂服务</td></tr>
|
||
<tr><td>南网科技</td><td><a href="https://valuefrontier.cn/company?scode=688248" target="_blank">688248</a></td><td>负荷聚合商</td></tr>
|
||
<tr>
|
||
<td rowspan="22" class="font-bold align-top pt-4">电力运营</td>
|
||
<td rowspan="6">火电</td>
|
||
<td>华能国际</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=600011" target="_blank">600011</a></td>
|
||
<td>火电龙头</td>
|
||
</tr>
|
||
<tr><td>国电电力</td><td><a href="https://valuefrontier.cn/company?scode=600795" target="_blank">600795</a></td><td>火电+新能源</td></tr>
|
||
<tr><td>华电国际</td><td><a href="https://valuefrontier.cn/company?scode=600027" target="_blank">600027</a></td><td>火电核心企业</td></tr>
|
||
<tr><td>大唐发电</td><td><a href="https://valuefrontier.cn/company?scode=601991" target="_blank">601991</a></td><td>火电核心企业</td></tr>
|
||
<tr><td>皖能电力</td><td><a href="https://valuefrontier.cn/company?scode=000543" target="_blank">000543</a></td><td>区域火电龙头</td></tr>
|
||
<tr><td>华银电力</td><td><a href="https://valuefrontier.cn/company?scode=600744" target="_blank">600744</a></td><td>火电，业绩弹性大</td></tr>
|
||
<tr>
|
||
<td rowspan="5">水电</td>
|
||
<td>长江电力</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=600900" target="_blank">600900</a></td>
|
||
<td>水电巨头，现金牛</td>
|
||
</tr>
|
||
<tr><td>华能水电</td><td><a href="https://valuefrontier.cn/company?scode=600025" target="_blank">600025</a></td><td>水电核心企业</td></tr>
|
||
<tr><td>国投电力</td><td><a href="https://valuefrontier.cn/company?scode=600886" target="_blank">600886</a></td><td>水火并济</td></tr>
|
||
<tr><td>桂冠电力</td><td><a href="https://valuefrontier.cn/company?scode=600236" target="_blank">600236</a></td><td>水电</td></tr>
|
||
<tr><td>乐山电力</td><td><a href="https://valuefrontier.cn/company?scode=600644" target="_blank">600644</a></td><td>水电，市场热门股</td></tr>
|
||
<tr>
|
||
<td rowspan="2">核电</td>
|
||
<td>中国核电</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=601985" target="_blank">601985</a></td>
|
||
<td>核电运营龙头</td>
|
||
</tr>
|
||
<tr><td>中国广核</td><td><a href="https://valuefrontier.cn/company?scode=003816" target="_blank">003816</a></td><td>核电运营龙头</td></tr>
|
||
<tr>
|
||
<td rowspan="9">绿电</td>
|
||
<td>三峡能源</td>
|
||
<td><a href="https://valuefrontier.cn/company?scode=600905" target="_blank">600905</a></td>
|
||
<td>新能源运营龙头</td>
|
||
</tr>
|
||
<tr><td>节能风电</td><td><a href="https://valuefrontier.cn/company?scode=601016" target="_blank">601016</a></td><td>风电运营</td></tr>
|
||
<tr><td>浙江新能</td><td><a href="https://valuefrontier.cn/company?scode=600032" target="_blank">600032</a></td><td>绿电</td></tr>
|
||
<tr><td>江苏新能</td><td><a href="https://valuefrontier.cn/company?scode=603693" target="_blank">603693</a></td><td>绿电</td></tr>
|
||
<tr><td>中闽能源</td><td><a href="https://valuefrontier.cn/company?scode=600163" target="_blank">600163</a></td><td>绿电</td></tr>
|
||
<tr><td>银星能源</td><td><a href="https://valuefrontier.cn/company?scode=000862" target="_blank">000862</a></td><td>绿电</td></tr>
|
||
<tr><td>韶能股份</td><td><a href="https://valuefrontier.cn/company?scode=000601" target="_blank">000601</a></td><td>绿电</td></tr>
|
||
<tr><td>川能动力</td><td><a href="https://valuefrontier.cn/company?scode=000155" target="_blank">000155</a></td><td>绿电</td></tr>
|
||
<tr><td>吉电股份</td><td><a href="https://valuefrontier.cn/company?scode=000875" target="_blank">000875</a></td><td>绿电</td></tr>
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</tbody>
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{ source: '火电', target: '电网输配', value: 45 }, { source: '水电', target: '电网输配', value: 15 },
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{ source: '核电', target: '电网输配', value: 10 }, { source: '绿电', target: '电网输配', value: 20 },
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chainChart.resize();
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</body>
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</html> |