Page 10 - AsiaElec Week 09 2021
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AsiaElec                                      RENEWABLES                                             AsiaElec


       China’s State Grid sets out greener goals





        CHINA            STATE Grid Corp. of China has announced  storage [CCUS] technologies, energy and elec-
                         ambitious plans to cut its reliance on coal and to  tricity are expected to become carbon neutral as
                         reduce its emission from a future peak by 2025.  soon as possible.”
                           The giant utility, one of China’s two transmis-  State Grid’s networks cover about 90% of
                         sion system operators (TSOs), said in its CO2  China, and it is building a new generation of
                         peaking and neutrality action plan that it aimed  long-distance power lines to connect new gen-
                         to upgrade its grid infrastructure with ultra-high  erating facilities in the country’s interior to
                         voltage lines, as well build more pumped hydro  demand centres in urban areas on the east and
                         storage plants and electric vehicle (EV) charging  south coasts.
                         stations.                              These include both future solar and wind pro-
                           The company said that its strategy during the  jects, as well as the coal-fired power stations that
                         country’s 14th 5-year planning period, which  China is still building.
                         lasts until 2025, aims to contribute to the Chinese   In January, State Grid chairman Xin Baoan
                         government’s policy of reaching peak emissions  said the company planned to embark on a
                         by 2030 and to be a net-zero economy by 2060.  $350bn investment programme between now
                           The government also wants 25% of electric-  and 2025.
                         ity to be non-fossil-fuel generated by 2030, and   State Grid intends to build seven new
                         electricity to account for 30% of final energy con-  long-distance ultra-high voltage power lines
                         sumption by 2025, and 35% by 2030.   with 56 GW of capacity by 2025. This would raise
                           The State Grid document set a target of 1,000  inter-regional transmission capacity to 300 GW.
                         GW of wind and solar capacity connected to the  It also aims to build 41.6 GW of pumped hydro
                         grid by 2030, up from 450 GW now, as well as  and 50 GW energy storage by 2025.
                         80 GW of nuclear. It also wanted a 50% share of   Other developments include building
                         clean power in inter-province transmission lines.  peak-shaving gas power plants and support-
                           The National Development and Reform  ing up to 180 GW of off-grid distributed solar
                         Commission  (NDRC),  the  country’s  high-  developments.
                         est energy policymaking body, is expected to   In total, the government is seeking to raise
                         announced the country’s latest energy and elec-  electricity’s share of total energy consumption to
                         tricity targets later this week.     30% by 2025 and 35% by 2030.
                           “There is hope for energy and power to   State Grid’s figures are only good until 2030.
                         achieve peak carbon ahead of schedule,” the  If China is to meet its 2060 targets, more definite
                         company said in a statement.         targets for long-term developments beyond 2030
                           “Through carbon capture, utilisation and  are needed.™










































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