State Grid Corporation of China Three Micro-enterprises and One Innovation

When was the State Grid Corporation of China founded?

The State Grid Corporation of China was founded on December 29, 2002, when the restructuring divided the former State Power Corporation of China into two grid companies, five generation groups and four accessorial business companies.

How many power grids does the SGCC have?

Divided by geographic area, the operation area of the SGCC comprises six large regional power grids: the Northwest China, Southwest China, Northeast China, North China, Central China, and East China branches.

Does the State Grid Corporation of China promote new energy accommodation?

Based on the State Grid Corporation of China's development of new energy and its accommodation patterns, the mechanisms of new energy accommodation, and the continuous 'double-decline' effect in recent years, this article analyses a series of measures adopted by State Grid Corporation of China to promote new energy accommodation in China.

What percentage of China's power grid is SGCC?

SGCC accounts for 80% of the Chinese grid, with China Southern Power Grid accounting for the other 20%. : 40 At its creation, SGCC company had a generation capacity of 6.47 gigawatts. In 2003 and progressively so through the early 2000s, electrical shortages caused the government to institute rolling blackouts.

Who owns State Grid?

As of March 2024, State Grid is the world's third largest company overall by revenue, behind Walmart and Amazon. In 2023 it was reported as having 1.3 million employees, 1.1 billion customers and revenue equivalent to US$546 billion. It is overseen by the State-owned Assets Supervision and Administration Commission of the State Council.

Is SGCC a transnational intellectual monopoly?

(1) SGCC has become an intellectual monopoly; and (2) SGCC's intellectual monopoly initially was confined to China (what we will call a national intellectual monopoly), and relied mostly on China's national innovation system, but -in the last decade- it has developed into advancing towards becoming a transnational intellectual monopoly.