China Southern Power Grid Solar Project Price List

What will China Southern power grid expect in 2022?

China Southern Power Grid expects cumulative market-based electricity trades in the southern power market to reach 1.11 trillion kWh in 2022, close to the total electricity consumption of the three provinces of Guangdong, Yunnan and Guizhou in 2021.

Does China have a smart grid?

China Southern Grid, one of the country's two major power grids, has been stepping up the construction of smart grids in recent years, as aging infrastructure and complex intermittent power flows are making the need to modernize power grids more critical.

Does China have a power grid?

China has two major national power generation and transmission utilities -- State Grid Corp of China and China Southern Power Grid. State Grid covers about 26 provinces in eastern, central and northern regions, while the latter covers five provinces in southern China.

When did China's Southern regional power market start?

China's southern regional power market started trial operations in the week of July 18. Grid operator China Southern Power Grid said on its social media platform that the launch marked the first implementation of the national power market system in the southern provinces.

How many enterprises are involved in the Guangdong power grid project?

Wang Liuhuo, manager of the Guangdong Power Grid Company's infrastructure department, said as many as 200 enterprises are involved with the project in the GBA. In the power grid equipment area alone, the engineering construction will encourage the upstream and downstream supply chain up to 8 billion yuan ($1.2 billion), he said.

Will China's grid network transformation accelerate in 2021-25?

Wei Hanyang, a power market analyst at research firm BloombergNEF, said China's major grid network companies had been stepping up the digitalization of grid networks during the 13th Five-Year Plan period (2016-20), while he expects the transformation will further accelerate during the 2021-25 period.