How will China Southern power grid become a world-class Enterprise?

Meng Zhenping, Party secretary and chairman of China Southern Power Grid Co Ltd, said earlier the company will deepen its structural reform to become a competitive world-class enterprise and accelerate steps in the construction and investment of the new generation of power grids and related infrastructure.

Who is China Southern Power Grid co?

In accordance with a State Council rule on electric power system reform, China Southern Power Grid Co was officially launched and put into operation on Dec 29, 2002. It is a centrally-administered company, with the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) performing duties as its investor.

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

China Southern Power Grid, whose business covers Guangdong, Yunnan, Guizhou and Hainan provinces and the Guangxi Zhuang autonomous region, said earlier it will invest 670 billion yuan ($105.2 billion) in grid network construction during the 2021-25 period to ensure power supply stability and boost green power consumption.

What is a southern power grid?

Southern power grids extend approximately 2,000 kilometers from east to west, covering a variety of sources for power generation, including water, coal, nuclear, pumped storage, oil, gas and wind.

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.

How can interdisciplinary research help transform China's power grid?

An interdisciplinary research team from PolyU will work with experts from CSG on creating digital twin technology for power equipment and the digitalisation of electric power distribution to facilitate the transformation and upgrading of China’s power grid.