What is China Southern power grid?

China Southern Power Grid, one of the country's two major power grids, is stepping up interconnection and international power trade in Southeast Asia to promote optimal allocation of clean energy while injecting green power into regional economic and social development.

Will China's power grid build a digital power grid?

China Southern Power Grid, one of the country's two major power grids, also plans to further step up digital power grid construction to make sure its percentage of nonfossil energy power generation accounts for 61 percent by 2030.

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.

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.

What's behind China's record-breaking electricity consumption?

A heatwave and brisk economic activities have combined to set off record-breaking electricity consumption in southern Chinese provinces, prompting the state-owned power grid operator to ration power to factories and commercial services providers.

What happened to China's power grid?

China Southern Power Grid, one of the country's two grid operators, saw output hit 222 million kilowatts (kW), approaching historical highs. China was hit by a record-breaking heat wave and drought last year, with large-scale power shortages that prompted regions like Yunan to ration power usage for aluminium producers.