Water conservancy sector is stronger, flood season comes ahead of time, pay attention to investment opportunities of hydropower industry

category:Finance
 Water conservancy sector is stronger, flood season comes ahead of time, pay attention to investment opportunities of hydropower industry


According to the Xinhua news agency, the reporter learned from the flood and Drought Disaster Prevention Bureau of the Yellow River Water Conservancy Commission of the Ministry of water resources that since July 1, the Yellow River has officially entered the flood season, and the Xiaolangdi reservoir has been required to operate below the flood limit. According to the previous hydrometeorological forecast and forecast, the climate situation in China in the flood season this year is complex, the overall climate state is biased, the precipitation is generally in the spatial distribution of more in the north and less in the middle, extreme weather and climate events may occur frequently, and some areas may have the phenomenon of coexistence of drought and flood and rapid change of drought and flood. There is more precipitation in the Yellow River Basin in flood season, and rainstorm flood is likely to occur in the upper and middle reaches of the Yellow River, and there may be heavy flood.

In addition, the inflow of water from the upper reaches of the Yangtze River, Wujiang River and the Three Gorges increased significantly. At 10:00 on the 2nd, the inflow of the Three Gorges Reservoir reached 50000 cubic meters / second. According to the national major river flood numbering regulations, the incoming water met the flood numbering standard, and the Yangtze River flood No.1 in 2020 was formed in the upper reaches of the Yangtze River. In view of the severe situation of the current flood situation in the Yangtze River Basin, the Yangtze River Water Resources Commission launched the level IV emergency response for flood and drought disaster prevention in the Yangtze River Basin at 11:00 on the 2nd.

Many securities companies reported that the flood season will benefit the hydropower industry. Taking the Three Gorges water conservancy project as an example, the Great Wall Securities Research Report said that it is optimistic about the power performance of the Three Gorges power station in flood season, which is expected to promote the Three Gorges power into Chongqing. The inflow of the Three Gorges Reservoir decreased year on year in May, but it has increased rapidly since June, which has exceeded the level of the same period last year. At 17:00 on June 21, the inflow of the Three Gorges Reservoir reached more than 30000 cubic meters per second for the first time this year. All 34 units of the Three Gorges power station were connected to the grid for power generation, realizing the first full operation in 2020, with a maximum output of 20.47 million kilowatts and a daily power generation capacity of nearly 400 million kwh. In terms of hydropower output, the four cascade hydropower stations on the main stream of the Yangtze River will be fully operational for the first time in 2020, according to the investment and Research Report of China Securities Construction Corporation. At present, the coal price remains relatively stable, and it is expected that the supply and demand of coal will further tend to be loose with the increase of water supply and hydropower output in flood season. It is recommended that Changjiang Power, which is a robust target with high dividends. Tianfeng securities research report pointed out that the flood season came ahead of time, and paid attention to investment opportunities in the hydropower industry. In the medium and long term, large-scale hydropower projects will enter the production cycle. Under the background of interest rate reduction, the relative value of hydropower projects with stable profits, abundant cash flow and high dividends will continue to increase. Hydropower investment opportunities are becoming increasingly prominent. It is suggested to pay attention to Huaneng hydropower, Changjiang Power, SDIC power, Sichuan investment energy, Guiguan power and Qianyuan power. Source of this article: Yang Bin, editor in charge of the first finance and Economics_ NF4368

Many securities companies reported that the flood season will benefit the hydropower industry. Taking the Three Gorges water conservancy project as an example, the Great Wall Securities Research Report said that it is optimistic about the power performance of the Three Gorges power station in flood season, which is expected to promote the Three Gorges power into Chongqing. The inflow of the Three Gorges Reservoir decreased year on year in May, but it has increased rapidly since June, which has exceeded the level of the same period last year. At 17:00 on June 21, the inflow of the Three Gorges Reservoir reached more than 30000 cubic meters per second for the first time this year. All 34 units of the Three Gorges power station were connected to the grid for power generation, realizing the first full operation in 2020, with a maximum output of 20.47 million kilowatts and a daily power generation capacity of nearly 400 million kwh.

Tianfeng securities research report pointed out that the flood season came ahead of time, and paid attention to investment opportunities in the hydropower industry. In the medium and long term, large-scale hydropower projects will enter the production cycle. Under the background of interest rate reduction, the relative value of hydropower projects with stable profits, abundant cash flow and high dividends will continue to increase. Hydropower investment opportunities are becoming increasingly prominent. It is suggested to pay attention to Huaneng hydropower, Changjiang Power, SDIC power, Sichuan investment energy, Guiguan power and Qianyuan power.