China Southern Power Grid Sina Weibo

How much will China Southern power grid invest?

[Photo/Xinhua] China Southern Power Grid, one of the country's two major power grids, vowed to invest 670 billion yuan ($105 billion) recently in grid network construction during the 14th Five-Year Plan period (2021-25) to ensure power supply stability and boost green power consumption.

How many kilowatt-hours does China Southern power grid use?

China Southern Power Grid said the five regions that it covers have consumed 540 billion kilowatt-hours of clean energy during the first nine months, with the renewable energy generation efficiency reaching 99.81 percent, up 0.22 percent year-on-year. Newly added installation of new energy reached 3.31 million kWs.

How much money will China's power grid invest in Hainan?

[Photo/Xinhua] China Southern Power Grid, one of the country's two major power grid operators, vows to invest 27 billion yuan ($4.15 billion) in the upcoming five years in Hainan to come up with a 500-kilovolt transmission grid that covers the whole island, a new type of power system with new energy as the major contributor.

How much will China's power grid invest in 2021-25?

State Grid Corp of China, the largest power provider in the country, also pledged to invest 2.23 trillion yuan in the power grid, which means the country's total grid network investment will soar to 3 trillion yuan during the 2021-25 period. Both companies vowed to increase power supplies while implementing power price reforms.

Can China decarbonize the southern power grid by 2060?

Decarbonization of the Southern Power Grid in China is feasible by 2060 but requires converting a large cropland area to support solar and wind energy; expansion of hydropower will impact the transboundary rivers according to a power system optimization model set up for 2020–2060.

Will China build a power system with new energy?

It plans to build a power system with new energy as a pillar in China's Guangdong province, the Guangxi Zhuang autonomous region, Yunnan province, Guizhou province and Hainan province, said the company. The five regions currently have a new energy installed capacity of 50 million kilowatts, which will be improved by 2030.