--- title: "Energy storage and green electricity concepts continue to adjust. Industry insiders: Nuclear power has seen frequent positive news recently, but overall performance is flat, making it worth exploring at low points" type: "News" locale: "en" url: "https://longbridge.com/en/news/279211939.md" description: "On March 16, the energy storage and green electricity concepts continued to adjust, with China National Nuclear Corporation and POWERCHINA Ltd both hitting the daily limit down, and multiple related stocks falling more than 5%. The situation in the Middle East escalated, with the number of vessels navigating the Strait of Hormuz dropping to zero, and Brent crude oil prices approaching $105. U.S. President Trump threatened NATO allies with consequences if they did not assist in keeping the strait open. Australia and Germany refused to send warships. CCTV Finance reported that building a strong energy nation has been included in the five-year plan for the first time, with the goal of achieving greener and safer energy" datetime: "2026-03-16T06:19:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279211939.md) - [en](https://longbridge.com/en/news/279211939.md) - [zh-HK](https://longbridge.com/zh-HK/news/279211939.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/279211939.md) | [繁體中文](https://longbridge.com/zh-HK/news/279211939.md) # Energy storage and green electricity concepts continue to adjust. Industry insiders: Nuclear power has seen frequent positive news recently, but overall performance is flat, making it worth exploring at low points On March 16, the afternoon saw continued adjustments in the energy storage and green electricity concepts, with **China Nuclear Engineering Corporation (601611.SH)** and **POWERCHINA Ltd (601669.SH)** both hitting the daily limit down. Stocks such as **Datang International Power Generation (601991.SH)**, **China Energy Engineering Corporation (601868.SH)**, **Jiaze New Energy (601619.SH)**, **JinkoSolar (601778.SH)**, **JianTou Energy (000600.SZ)**, and **China Longyuan Power Group (601016.SH)** all fell over 5%. In terms of news, the situation in the Middle East escalated again over the weekend, with Iran continuing to close the Strait of Hormuz, putting pressure on the peripheral stock markets and A-shares. The British newspaper The Daily Telegraph reported on the 16th that no vessels passed through the Strait of Hormuz on the 14th, which is the first time since the U.S. and Israel launched military actions against Iran. The report cited data from maritime data analysis service company "Windward," stating: "On the 14th, the number of vessels passing through the Strait of Hormuz dropped to zero for the first time since the conflict began. Before the conflict, an average of 77 vessels passed through the strait daily." On March 16, Brent crude oil prices approached $105 per barrel, rising nearly 2% during the day. Since the war began, Brent crude oil prices have increased by over 40%. The U.S. benchmark crude oil price rose by 1% to $99.68 per barrel, up nearly 50% since the war began. Additionally, U.S. President Trump threatened that if NATO allies do not take action to assist the U.S. in keeping the Strait of Hormuz open, NATO will face a "very bad" future. Both Australia and Germany expressed refusal. The Australian Minister of Transport stated that Australia would not send naval vessels to the Strait of Hormuz to protect oil-carrying ships from Iranian attacks. German Foreign Minister Heiko Maas also expressed skepticism on March 15 about the EU's potential escort operations expanding to the Strait of Hormuz, believing that Germany does not need to participate. Maas stated that security can only be guaranteed when military conflicts are "fundamentally resolved." However, CCTV Finance reported that the goal of building a strong energy nation has been included in the five-year plan for the first time, aiming to make energy greener and safer. Industry analysts pointed out that from the EU's launch of a clean energy package to the UK and the U.S. respectively canceling tariffs on wind power and battery materials, and to 38 countries including China joining the tripling nuclear energy declaration, there are also countries considering issuing energy subsidy vouchers and increasing nuclear and coal-fired power generation. Clearly, against the backdrop of rising oil prices, countries are working to relax restrictions on new energy and increase industrial support to reduce oil dependence. For A-shares, the new energy industry chain has both domestic anti-involution policies and central media's positioning of a strong energy nation, as well as new space for foreign market expansion, with profit expectations in the sector being repaired. The market trend has also spread from the initial North American power shortage and computing power synergy to energy storage, wind power, and other fields Considering the recent positive developments in nuclear power but overall lackluster performance, there is a certain expectation for a rebound, making it worthwhile to explore opportunities at lower prices ### Related Stocks - [POWERCHINA Ltd (601669.CN)](https://longbridge.com/en/quote/601669.CN.md) - [CNEC (601611.CN)](https://longbridge.com/en/quote/601611.CN.md) ## Related News & Research - [PowerChina's Newly-Signed Contract Amount Slides 15% in January](https://longbridge.com/en/news/277713768.md) - [Power Construction Corporation of China signs contract for highway project](https://longbridge.com/en/news/278718552.md) - [National minimum pay rises challenge businesses](https://longbridge.com/en/news/281388859.md) - [Power Construction of China Consortium Secures 14-Billion-Yuan Contract in UAE](https://longbridge.com/en/news/279020444.md) - [Ping An targets doubling valuation as 60% of claims go automated](https://longbridge.com/en/news/281231549.md)