CITIC Securities: The inflection point of the electricity price cycle has arrived, and nuclear power is regaining elasticity.

date
15/10/2026
CITIC Securities research report states that coastal supply and demand are improving, and it is expected that nuclear power will soon emerge from the 20242026 electricity price downturn cycle; the commissioning cycle for nuclear power units under construction has begun, and rising volume and prices will help nuclear power companies enter a new round of earnings release; the current market has not yet fully priced in the earnings catalyst for nuclear power companies from rising electricity prices, and the sector valuation still has a strong margin of safety.