China Galaxy Securities has indicated that by the close of 2025, the outcomes of the bidding processes for mechanism - driven electricity pricing across various provinces will be progressively unveiled. It is projected that the overall mechanism - based electricity tariffs will be set at levels beneath the coal - fired benchmark prices, with photovoltaic electricity rates expected to be even lower than those of wind power. The complete shift towards a market - oriented pricing system is poised to exert downward pressure on electricity prices. Given its concentrated output characteristics, photovoltaic power is anticipated to face a more significant impact compared to wind power. At present, the integration of new energy sources is encountering several hurdles. However, through synergistic development with industries such as green hydrogen, ammonia, methanol, and computing power, there is a promising prospect of enhancing the efficient utilization of new energy and carving out fresh avenues for growth. It is recommended to direct attention towards companies that demonstrate exceptional operational proficiency, as well as those that benefit from geographical and cost - related advantages.