为贯彻落实好中央经济工作会议关于降低企业用能成本和《政府工作报告》关于"一般工商业电价平均下降10%"的目标要求，9 月6 日下午，国家发展改革委召开全国电价专题工作会议，部署各地价格主管部门，加大力度、加快进度，全力清理规范转供电环节加价，打通降低电价政策落地的"最后一公里"。

国家能源局近期连续召集光伏行业协会、企业和专家座谈，听取各方对光伏行业发展的意见，并形成了一份《光伏发电平价上网示范项目建设工作方案》（下称《方案》）草案，准备在进一步听取意见后正式发布。届时，首批没有补贴的光伏示范项目申报也将正式启动。这也是“5·31”新政后，光伏行业首次出现新的重大发展动向。

2018 年9 月4 日，国家发改委官网公布了国家发展改革委、国家能源局关于推进电力交易机构规范化建设的通知，要求推进电力交易机构股份制改造。

As evidenced by our Key Projects Database, the large majority of the Kenyan government's power investment is focused on renewable electricity. Most of this non-hydropower renewables capacity is derived from geothermal electricity sources. Wind power also constitutes a substantial portion. However, logistical issues, along with domestic opposition, will hamper the progress of wind power projects. We therefore maintain our forecasts that the bulk of Kenyan electricity will be sourced from geothermal sources.

Iran's power sector is primarily controlled by state-owned utility Tavanir. Power plant construction is handled by the IPDC, a wholly owned subsidiary of Tavanir, which is also responsible for electricity transmission and distribution. In the last few years the government has taken steps towards privatisation with a number of power plants being sold off in IPOs. Further privatisation is planned.

Data centers are mainly built in response to the growing customer demand. However, the areas for the development and operation of data centers are identified based on factors such as power availability, fiber connectivity, and availability of skilled labor. Most of the modern data centers are built as per Tier III and Tier IV standards, thereby enabling high availability of service offerings. The emergence of edge computing is fostering data center development in secondary data center markets, where the dependence on site selection is very high. The major site selection criteria for data centers are mentioned in the table below along with the identified level of importance for each criterion and a description of the same.

The management and regulation of the power sector in Kyrgyzstan are the responsibility of the Ministry of Energy (ME). The ME is responsible for all strategic planning, legislation and developments within the power sector. Kyrgyzstan's power sector comprises six public joint-stock companies - one generation, one transmission and four regional distribution companies. In addition, there are private generation companies and 21 regional private distributors of electricity. However, while there are private companies in Kyrgyzstan, generators of electricity have to pay the state-owned regional distribution companies for the use of substations. Additionally, payments to the National Electricity Grid of Kyrgyzstan (NEGK) (transmission) and Electric Power Plants (EPP) (generation) may also be required - reportedly depending on the voltages in the substations utilised. The state thereby maintains a heavy presence in the power sector, despite there being some private actors.

The smart electricity meters market has been segmented on the basis of end-user and by region. On the basis of end-user market has been segmented to residential, commercial and industrial smart electricity meters. The residential end-user segment include all households and newly constructed households. The commercial end-user segment includes commercial buildings and aligned infrastructures such as hotels, residential lodges, small to large shopping complexes, and offices. The industrial end-user segment involves the incorporation of smart electricity meters into product manufacturing facilities and processing plants.

The chemicals and petrochemicals industry in Ukraine has traditionally been considered fundamental to the economy, owing to the role it plays in manufacturing intermediates. The government has gradually begun to implement financial reforms and privatisation legislation, allowing foreign participation in the industry. However, the country's civil war has effectively scuppered reform plans and stopped production at petrochemicals plants. Considerable structural changes are under way in the chemicals and petrochemicals industry. State-owned enterprises constitute less than one-fifth of the total number of petrochemical facilities, and account for about one third of the products.

Regulation and generation are largely overseen by government-controlled companies, and power stations are generally owned and operated by central public sector corporations such as the National Thermal Power Corporation (NTPC) and various state-level corporations. Transmission and distribution (T&D) is carried out by state electricity boards (SEBs) or private companies. Under the Electricity Act 2003, the government was keen to promote competition in generation and T&D. Some of the provisions include awarding multiple distribution licences in all supply areas, as well as the gradual elimination of cross-subsidies and the unbundling of distribution and retail supply. The act provides for immediate open access to transmission and phased access to the distribution network. An independent regulator was appointed as part of the legislation.

Turkey's petrochemicals industry saw solid growth in 2017 with chemicals up 4.5% y-o-y and rubber and plastic growing 6.0%. This was higher than growth of 3% and 5% that we had anticipated in the previous quarterly report. Growth was helped by a low base in 2016 as well as solid local market demand. While an increase in refinery capacity should have a positive impact in 2018, the rate of growth is likely to slow due to capacity constraints. In 2017, Turkey's organic chemicals exports rose 44.5% y-o-y to USD0.66bn while primary plastics exports grew 23.7% to USD1.14bn. Over the same period, organic chemicals imports rose 24.5% to USD5.25bn and primary plastics imports rose 16.8% to USD10.16bn. While import growth was slower than exports, the country's petrochemicals trade deficit grew with organic chemicals up 62.0% to USD4.59bn and primary plastics up 53.5% to USD9.02bn.

由于政府补贴将在2020年之后退出，市场对于新能源汽车的渗透率和动力电池需求存在疑虑。我们认为，随着锂电池成本持续下降，新能源汽车作为消费品的性价比优势将逐步体现，渗透率持续提升，加上储能行业即将突破，动力电池在未来十几年内的需求将维持25%以上的高复合增速。

2018年9月1日至9月25日之间，电力及公用事业板块表现略输大盘，CS电力及公用事业指数在期间上涨1.13%，沪深300指数上涨1.36%，电力及公用事业行业跑输大盘0.23个百分点。中信三级行业分类板块中，CS火电上涨2.74%，CS水电上涨2.15%，CS其他发电上涨1.37%，CS电网上涨1.9%。

能源需求增长，供给经历收缩：我国的原油、原煤2017年产量相对前期高点回落幅度分别达到10.7%和11.4%。根据统计局数据，2018年1-7月我国原油、天然气对外依赖度分别升至70%和40%以上；煤和褐煤进口1.75亿吨，同比增长15.0%。近期三大石油公司均召开专题会议，围绕提升油气勘探开发力度、保障国家能源安全等部署工作。

2018H1行业内245家上市公司整体收入6235亿元，同比增长21.18%，归母净利润418亿元，同比增长14.21%，其中二季度收入3604亿元，同比增长18.11%，二季度归母净利润260亿元，同比增长3.85%。行业整体保持稳定增长，二季度归母净利润增速有所回落。2018Q2行业整体经营活动现金流净额155.70亿元，同比增长超过10倍，平均应收周转天数（应收账款+应收票据）为149天，同比持平。整体行业在经营中更加注意回款，应收账款情况维持稳定，行业发展同时更加注重质量。

8月，新能源汽车产销量同比保持稳定增长，销量环比转正、产量环比增幅扩大根据中汽协数据，2018年8月新能源汽车产销量分别为9.9万辆和10.1万辆，同比增长39.0%、49.5%，环比分别增长9.9%，20.9%，销量扭转7月负环比增速、实现较高增长，产量环比增幅较上月扩大。•1-8月，新能源汽车累计产销量保持高增速2018年1-8月，新能源汽车累计产销量分别为60.7万辆和60.1万辆，较2017年1-8月累计产销量分别增长75.4%和88.0%。