WeChat China Southern Power Grid Transfer

Does China's Southern Power Grid have a digital power network?

"China Southern Power Grid also has two major pilot projects on power trading in Guangdong and Yunnan provinces, which provide both challenges and opportunities for the country's in-depth digitalization of its power networks," he added.

Will China's power grid build a digital power grid?

China Southern Power Grid, one of the country's two major power grids, also plans to further step up digital power grid construction to make sure its percentage of nonfossil energy power generation accounts for 61 percent by 2030.

What will China Southern power grid expect in 2022?

China Southern Power Grid expects cumulative market-based electricity trades in the southern power market to reach 1.11 trillion kWh in 2022, close to the total electricity consumption of the three provinces of Guangdong, Yunnan and Guizhou in 2021.

Who is China Southern Power Grid co?

In accordance with a State Council rule on electric power system reform, China Southern Power Grid Co was officially launched and put into operation on Dec 29, 2002. It is a centrally-administered company, with the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) performing duties as its investor.

How much will China invest in a digital power network?

The company, one of the country's two major power grids, said it will invest more than 26 billion yuan ($4.1 billion) in the construction of a digital power transmission network, the core of a new power system, during the 14th Five-Year Plan period (2021-25).

How will China's new energy policy affect the power generation mix?

"Ways will be found to cut thermal coal plants' contribution to the power generation mix by reducing some of the output and decommissioning some plants ahead of their economic life's end. This also means that capital spending by State Grid Corp of China may substantially rise so as to meet the higher rate of clean energy sources."