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Analysts' Top Utilities Picks: CGN Power Co (CGNWF), PG&E (PCG)
Analysts Offer Insights on Utilities Companies: DTE Energy (DTE) and CGN Power Co (OtherCGNWF)
The State Energy Administration further standardizes the behavior of electrical utilities market transactions.
①Each operating entity should comprehensively consider unit fixed costs, fuel costs, energy supply and demand, and other objective conditions to quote compliantly, promoting trade prices that truly and accurately reflect the value of electrical utilities commodities; ②Power generation entities and power consumption entities must not unilaterally agree on trade prices, electricity quantity, and other declared elements through online or offline means between the relevant operating entities on the generation and consumption sides to achieve specific trades in the medium to long term.
Express News | gtja: Electrical utilities assets are expected to usher in a new round of value revaluation opportunities.
gtja: The electrical utilities assets are expected to usher in a new round of value reassessment opportunities with the verification of electricity price stability. Maintain a "shareholding" rating for the industry.
gtja released research reports stating that it maintains a "shareholding" rating for the electrical utilities industry.
CGN Power (01816.HK) parent company extends the commitment to avoid competition among peers for one year.
CGN Power (01816.HK) announced that the controlling shareholder, CGN Power Co.,Ltd., has extended the deadline for fulfilling commitments to avoid competition in the same industry. The deadline for injecting domestically held retained businesses into the company has been extended by one year from the official start of construction date of the nuclear power project (i.e. the first pouring of concrete for the nuclear island) to within six years. The reason for the extension is due to considerations of the industry's characteristics. The two units may still be under construction five years after the official start of construction, without achieving full commercial operation. Additionally, because the nuclear power projects approved during the same period involve production and construction licenses held by the project owner company, some production and supporting facilities are shared by the two units within the project.
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