Power grid employees show off on 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 much power does China Southern power grid need?

BEIJING, July 11 (Reuters) - China Southern Power Grid saw power demand soar to a record 226 gigawatts (GW) on Monday, according to a post on the grid company's official Weibo account on Tuesday.

Will China speed up power grid construction?

The National Energy Administration has said previously that further efforts are in the pipeline to speed up power grid construction and enhance the power transmission mechanism in the country, as China's power grid faces increasing stability challenges with the share of electricity generated from intermittent new energy sources rising.

How will the new energy grid work?

It also pledged to work toward an optimized distribution of clean electricity generation on a broader scale, with the new grid channels to include at least 50 percent of renewable energy and the proportion of coal in interprovincial power delivery to be strictly controlled.

What are the most blocked phrases on Weibo?

Two Thai women filmed dancing naked with cuddly toys in raunchy 'striptease' video face up to FIVE YEARS in prison The phrases "Southern Power Grid" and "Use Love to Make Power" have become two of the most blocked terms on social media site Weibo, according to Free Weibo. The phrases have even overtaken "constitutional change" and "Xi Jinping".

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.