电力行业投资策略：火电商业模式迎来拐点，盈利稳定性有望提高

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（以下内容从开源证券《电力行业投资策略：火电商业模式迎来拐点，盈利稳定性有望提高》研报附件原文摘录）“十五五”期间或呈现全国“宽电量”、“紧电力”的供需格局从电力供需平衡表来看，“十五五”期间或呈现全国电量（能量）供需宽松，电力（功率）供需偏紧的格局。随着新能源装机维持快速增长、装机占比逐年提升，电力系统备用率（置信容量/最大电力负荷-1）持续下降，电力供需或趋紧；而在惯性机组中，火电选址要求低于...

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