Does China have a digital power grid?

[Photo provided to China Daily] China Southern Power Grid has pledged to continue investing in digital power grid construction, including a digital grid across Guangdong, Yunnan, Guizhou and Hainan provinces and the Guangxi Zhuang autonomous region.

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.

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

China Southern Power Grid－one of the country's two major power grids whose business covers Guangdong, Yunnan, Guizhou and Hainan provinces and the Guangxi Zhuang autonomous region－also said it will invest 670 billion yuan in grid network construction during the 2021-25 period to ensure power supply stability and boost green power consumption.

What does China's new power grid plan mean for China?

It will mark an attempt to further ensure power supply stability and boost green power consumption in the country. State Grid Corp of China, the country's largest State-owned utility, plans to invest 501.2 billion yuan ($79 billion) in domestic grid network construction this year, up nearly 9 percent year-on-year and an all-time high.

Why is China accelerating grid construction this year?

China said it will continue accelerating domestic grid network construction this year with a focus on ultrahigh-voltage power transmission networks. It will mark an attempt to further ensure power supply stability and boost green power consumption in the country.

Will a digital power grid help China achieve a carbon peak?

A digital power grid will better facilitate the consumption of power increasingly produced by clean energy while further facilitating China's ambition to achieve a carbon peak by 2030 and carbon neutrality by 2060, he said.