Shenwan Hongyuan: The development space of power supply and demand in Xinjiang is vast, and it is recommended to focus on Tianfu Energy.

Shenwan Hongyuan released a research report stating that during the "15th Five-Year Plan" period, the scale of installed wind and solar power has been growing rapidly, and there is still room for growth in the installation of thermal power units. It is expected that by the end of the "15th Five-Year Plan" period, Xinjiang's annual power generation capacity is expected to reach 900 billion kilowatt-hours, with the wind and solar power generation capacity expected to reach 370 billion kilowatt-hours, and the proportion of new energy generation is expected to exceed 40%. With the development of industrial parks in Xinjiang and the transfer of production capacity from other provinces, Xinjiang's electricity consumption during the "15th Five-Year Plan" period is expected to maintain high single or double-digit growth. At the same time, with the completion and operation of external power transmission channels in Xinjiang, the annual power transmission volume from Xinjiang is expected to reach 240 billion kilowatt-hours by 2030, nearly doubling from the end of 2024. Xinjiang has broad opportunities for the development of power supply and demand, and it is recommended to pay attention to Tefu Energy, an electricity company deeply rooted in Xinjiang.