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In the next 5 years, State Grid plans to invest 350 billion U.S. dollars to promote power grid transformation and upgrading

 Last Update: 2021-10-11
 Source: Internet
 Author: User

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A few days ago, the 2021 Energy and Power Transformation International Forum was held in Beijing

Xin Baoan said that to promote the energy clean and low-carbon transformation, it is urgent to accelerate the construction of a new power system

According to reports, in the next five years, State Grid plans to invest 350 billion U.

In terms of innovative power grid development methods, State Grid will continue to improve UHV and UHV backbone grids, and enhance the power grid’s ability to support large-scale development and large-scale consumption of new energy.

In terms of improving the regulation capacity of the power system, the State Grid will be based on the actual situation of the power grid, by accelerating the construction of pumped storage power stations, supporting the large-scale application of new energy storage, guiding power users to participate in peak shaving and valley filling and emergency response, and actively cooperate to promote the flexibility of thermal power transformation.

Regarding the implementation of electric energy substitution in the field of terminal consumption, State Grid will focus on key areas such as industry, transportation, construction and residents' lives, play the role of carbon market, green power trading, etc.

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