China to invest USD 88 Billion into UHV development between now and 2020



Mr Liu Zhenya, chairman of the Global Energy Interconnection Development, is promoting UHV internationally through this initiative.

China will invest USD 88 Billion into UHV development between now and 2020.

Designated a “national strategy” and championed by Xi Jinping, China’s president, the initiative feeds into one of China’s most ambitious international plans — to create the world’s first global electricity grid.

During the 2018 Global Energy Interconnection (GEI) Conference held on 28-29 March in Beijing, Mr. Liu delivered sevens salient points at the conference:

(1) That GEI development is concerned with energy, economy, society, environment and other fields of all countries in the world, so it needs to enhance top-level design, formulate global planning, and be implemented in stages under the guidance of the planning.

(2) GEIDCO has conducted in-depth studies on the economic and social development, energy resources, electricity supply and demand of over 100 countries and proposed the plan for GEI Backbone Grid.

The four research reports released by GEIDCO are GEI Backbone Grid Research, GEI Development Index 2018 , GEI Technology and Equipment Innovation Outline 2018-2025 and GEI Standard System Research 2018.


(3) With the GEI backbone grid being the priority, the acceleration of GEI development and building of a modern energy system dominated by clean energy, centered with electricity and featured with interconnection, co-building and sharing will bring tremendous value and comprehensive benefits to the whole world.

(4) The construction of the GEI Backbone Grid will be carried out in three stages, leading to the establishment of an “energy artery” that connects five continents with “nine horizontal and nine vertical” grids.

(5) On the whole, the top-level design for GEI has been completed and the blueprint for GEI development has finished drawing up. Breakthroughs have been made in technologies and equipment, and the conditions for accelerating GEI development have been created.

(6) That consensus between governments, companies and all sectors of society should be built to synergize GEI with the Paris Agreement, the “Belt and Road” Initiative and regional development strategies, and promote China-Myanmar-Bangladesh, China-Korea-Japan, Congo Inga Hydropower Station-Europe and other clean energy development and grid interconnection projects.

(7) That efforts should be made to speed up breakthroughs in key technologies and equipment such as UHV large-capacity submarine cables, UHV VSC-HVDC and high-efficient clean power generation technologies.

(8) All parties should coordinate policies, foster global market, and innovate business models to accelerate the implementation of GEI for mutual benefits and win-win results.


Experts say UHV increases China's 'prestige quotient' in the international community

“All of this fits in with Beijing’s goals of expansion and being a global standard setter,” says Erica Downs, an expert on China and energy at Columbia University. “It is also linked to China’s intention to become an advanced industrial superpower. There is a big prestige element in this.”

On the afternoon of 28 March, 9 organizations and companies including GEIDCO, State Grid Corporation of China, ABB Group, China XD Group Corporation, NARI Group Corporation, Prysmian Group, Huawei Technologies Co., Ltd., China Three Gorges Corporation, and Vestas Wind Systems A/S released 12 key research reports.

In general, the reports cover GEI-related areas such as UHV, smart grid and clean energy, focusing on cutting-edge technologies at the world-leading level. The reports include both technology planning and product items that are of high strategic and practical value.

More at HVDC Belt and Road 2019 China Conference

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