Energy · 1.13

Power Transmission Networks

Quantified news impact based on deduplicated, quality-reviewed events in a single 200-day window.

Average net impact+35weighted per event

Average gross impact44absolute weighted average

Events9same period

Confidence81%model average

Raw intensity68before weighting

Previous period0net impact

Gross changeInsufficient base

Diffusion speed0.0 / day

Concentration14%

Direction disagreement21%

Source independence96%12 sources

IMPACT TREND

200-day effective impact

Positive 8 · Negative 1 · Mixed 0

+350-35

14 Jan0 events

31 Jan0 events

17 Feb0 events

5 Mar0 events

22 Mar0 events

8 Apr0 events

24 Apr0 events

11 May0 events

28 May0 events

13 Jun0 events

30 Jun0 events

+35

17 Jul9 events

Current periodPrevious period

TIME HORIZON

Impact duration

Immediate0%0 cumulative effective impact

Short term2%8 cumulative effective impact

Medium term66%261 cumulative effective impact

Long term32%126 cumulative effective impact

CO-IMPACT

Related industries

EVENT EVIDENCE

Events ranked by effective impact

Page 1 of 1 · 9 events

Macro6

Macro30 Jul, 15:17positive

China’s ‘Six Networks’ Build-Out Gains Pace, Multi-Network Coordination Bolsters Investment to Expand Domestic

China’s National Development and Reform Commission detailed progress on the 'Six Networks'—water, electricity, computing, communications, urban underground pipelines and logistics—and announced heightened multi-network coordination to boost effective investment and expand domestic demand. In 2026, over RMB7 trillion will be invested in these networks and key areas. During the 15th Five-Year Plan period, investment in new-type power grids and underground pipelines is projected at around RMB5 trillion each, and computing network direct investment will add RMB4 trillion. In the first half, private capital into water network construction exceeded RMB10.8 billion, up 85.8% year-on-year.

Effective: +71
Intensity: 90
Confidence: 88%
Horizon: Long term

Macro28 Jul, 08:19positive

NDRC and NEA Issue Renewable Energy 15th Five-Year Plan, Setting Four Targets

The National Development and Reform Commission and the National Energy Administration have jointly unveiled the Renewable Energy Development 15th Five-Year Plan. The plan, covering the 2026–2030 period, sets out targets in four areas: total renewable energy volume, power generation, non-electric utilization, and reliable substitution. It provides a policy framework to guide the sector’s development over the next five years.

Effective: +58
Intensity: 82
Confidence: 80%
Horizon: Long term

Macro30 Jul, 08:00positive

National Energy Administration: Energy Investment in 15th Five-Year Plan to Exceed 20 Trillion Yuan

The National Energy Administration announced that during the 15th Five-Year Plan period (2026-2030), investment in key energy projects and new business forms will exceed RMB 20 trillion, significantly higher than the 14th Five-Year Plan total. The investment, averaging over RMB 100 billion per day, is divided into three dimensions: safety, transition, and new opportunities. Safety project investment rises over 10%, grid investment growth exceeds 30%, and new energy's share of power source investment nears 60%. New business forms receive over RMB 2 trillion, focusing on green hydrogen, storage, and virtual power plants.

Effective: +55
Intensity: 80
Confidence: 90%
Horizon: Medium term

Macro31 Jul, 03:45negative

Data center opposition surges in 2026 midterms: 58% voter opposition, over 300 bans, $130 billion in stalled

Mounting voter opposition to AI data center construction is reshaping the 2026 US midterm elections. A June Yale survey shows 58% of registered voters oppose building data centers near their homes, a sentiment shared by 53% of conservative Republicans and 74% of liberal Democrats. More than 300 cities, towns, and counties have enacted bans or moratoriums. In the first quarter of 2026 alone, 75 large projects were delayed or canceled, representing over $130 billion in investment. New York Governor Kathy Hochul signed the nation’s first statewide moratorium, and states from California to Texas are seeing growing protests and political fallout.

Effective: -42
Intensity: 65
Confidence: 75%
Horizon: Medium term

Macro28 Jul, 16:05positive

China to Exempt Energy Lands from Urban Land Use Tax from 2026, Phase Out Previous Reductions

China's Ministry of Finance and State Taxation Administration have adjusted urban land use tax rules for energy and resource enterprises. From September 1, 2026, certain lands used by oil, gas, coal, power, and mining enterprises will be exempt from the tax. Concurrently, from September 1, 2026 to August 31, 2027, lands that previously qualified for tax reductions will be taxed at half the due amount, and from September 1, 2027, full tax will apply, with the old reduction rules being abolished.

Effective: +34
Intensity: 60
Confidence: 85%
Horizon: Medium term

Macro27 Jul, 07:24positive

China's Total Installed Power Capacity Exceeds 4 Billion Kilowatts, Reaching New Milestone

China's total installed power generation capacity has surpassed 4 billion kilowatts, marking a new milestone for the country's power sector. The achievement reflects continued expansion of generation infrastructure, supporting the nation's growing energy demand and transition toward cleaner sources.

Effective: +15
Intensity: 50
Confidence: 80%
Horizon: Medium term

Industries3

Industries29 Jul, 14:45positive

State Grid’s first-half fixed-asset investment exceeds RMB310 billion, China Southern Power Grid nears RMB89.3

State Grid completed over RMB310 billion in fixed-asset investment in the first half of 2026, up 12.6% year on year, while China Southern Power Grid invested nearly RMB89.3 billion, up 14.79%, achieving 49.59% of its full-year target. Both figures marked record highs for the period. The National Energy Administration said total grid investment during the 15th Five-Year Plan is set to exceed RMB5 trillion. As of end-June 2026, national installed capacity reached 4.04 billion kilowatts, up 10.8%. Global electricity demand growth is forecast at 3.6% in 2026 and 3.8% in 2027. In A-shares, grid equipment stocks averaged a decline of over 6% since 2026, though select companies posted strong gains; the sector’s aggregate margin balance climbed over 7.5% from end-2025.

Effective: +71
Intensity: 85
Confidence: 95%
Horizon: Medium term

Industries31 Jul, 08:54positive

AI Tech Drives Virtual Power Plant Scale-Up, Top Firms' Trading Revenue Near 60%, 49 Projects Won Jan-Jul 2026

AI technology and policy support are transforming the virtual power plant industry, with 2026 marking the first year of large-scale deployment. Trading revenue now accounts for nearly 60% at leading companies. From January to July 2026, 49 virtual power plant procurement projects were awarded, with project scales rising to the billion-yuan level. The industry targets regulation capacity of 20 million kW by 2027 and 50 million kW by 2030. Companies are shifting to sustainable software-plus-revenue-sharing models, and private enterprises are entering the market, driving a shift from scale expansion to quality competition.

Effective: +39
Intensity: 70
Confidence: 80%
Horizon: Medium term

Industries27 Jul, 18:52positive

ZTE, Southern Power Grid Chairmen Agree to Deepen Cooperation in Digital Grid and AI+Energy

ZTE chairman Fang Rong visited Qian Chaoyang, chairman and party secretary of Southern Power Grid, for talks on deepening cooperation. The two sides plan to jointly advance digital grid technology upgrades, support new grid construction, deepen electricity-carbon-computing synergy, and build an "AI+energy" ecosystem. They also aim to develop China-centric solutions for products and services and expand into international energy markets. Fang Rong stated ZTE will leverage its expertise in information communication, computing, AI, and international business.

Effective: +8
Intensity: 30
Confidence: 55%
Horizon: Short term

Companies0

No evidence on this page.