Language
Country/Area
No result found
From China to the world! How does State Grid build a global smart grid?
The State Grid Corporation of China (SGCC) is China's state-owned power company and undoubtedly the world's largest utility company. According to the latest data, the company will have more than 1.3 million employees and 1.1 billion users in 2023, with annual revenue reaching $546 billion. Whether in China's domestic or international markets, State Grid has demonstrated its strong influence and robust business expansion capabilities.
“The development of the State Grid is not only an important step in the modernization of China’s power system, but also the key to improving global energy connectivity.”
Historical background
The origins of the State Grid can be traced back to the power reform in 1986. In 2002, after several stages of reform, the State Council formally restructured China's power system, aiming to promote competition and separate generation and transmission functions. With the establishment of State Grid, it controls an estimated 80% of China's power grid, establishing its important position in the global power market.
Smart grid construction
In the 21st century, State Grid continues to pursue technological innovation, especially in the construction of smart grids. From 2011 to 2015, the State Grid promoted a multi-stage smart grid plan, which is different from the smart grid plan in the United States. The State Grid plan relies heavily on ultra-high voltage (UHV) transmission networks to improve the transmission of electricity. Efficiency and safety.
“Our goal is to improve the reliability of the power grid through ultra-high voltage technology so that electricity can be distributed more efficiently across the country.”
Expansion of global influence
As its influence continues to expand, State Grid proposed the concept of Global Energy Internet in 2015, a long-term plan to develop a global smart grid and ultra-high voltage transmission network to connect more than 80 countries stand up. This concept has received full support from the Chinese government, which has promoted the implementation of the plan at multiple international forums.
Overseas investment and cooperation
State Grid has also shown a strong willingness to expand in the international market. For example, State Grid successfully acquired the National Grid Corporation of the Philippines in 2008 and subsequently modernized the local power infrastructure. In addition, it has significant shares in countries such as Portugal, Brazil, Australia and Chile.
“Our international cooperation is not only a commercial success, but also a bridge for technological exchange and cultural integration.”
Such mergers, acquisitions and cooperation not only make the State Grid's position in the global market increasingly stable, but also promote power and technology exchanges between countries. With its active investment in the construction of global smart grids, State Grid has gradually become an important promoter of the global power interconnection temple.
Looking to the future
Looking to the future, State Grid must not only continue its efforts in technological innovation, but also pay attention to the integration of renewable energy and the need to reduce its carbon footprint. How to support the sustainable development of global energy through the application of smart grids amid the challenges of global warming will be the key to the future development of the State Grid.
State Grid already plays a pivotal role in the global power market, but in the context of increasing attention to global energy transmission and management efficiency, the future challenge will be how to use more innovation to promote the intelligence of the global power grid. ?
