New Energy Security Strategy Leads High Quality Development of Electric Power Industry

Zhang Zhigang, Party Secretary and Chairman of State Grid Corporation of China

Energy security is a matter of national economy and people's livelihood and cannot be ignored for a moment."The Great Country". In June 2014, General Secretary Xi Jinping put forward a new energy security strategy of "four revolutions and one cooperation", which clarified the strategic direction of my country's energy development and provided a fundamental follow for my country's overall energy development and high-level security. Over the past 10 years, as a super-large state-owned key enterprise related to national energy security and the lifeline of the national economy, State Grid Co., Ltd. (hereinafter referred to as "State Grid") has thoroughly implemented the new strategy of energy security, unswervingly promoted the revolution of energy consumption, energy supply, energy technology and energy system, deepened international cooperation, and firmly held the rice bowl of energy in its own hands. Better support and serve Chinese-style modernization.

New Strategy for 1. Energy SecurityChina's electric power industry has made historic achievements in the past 10 years

Energy security is an overall and strategic issue related to national economic and social development. This has been the case since the new energy security strategy was proposed.In the past 10 years, China has made great achievements in the construction of energy and power infrastructure, the fastest speed of green and low-carbon transformation, the highest quality of safe and efficient development, the largest number of major scientific and technological innovation achievements, and the widest field of international power cooperation. At present, my country's installed power generation capacity, new energy installed capacity, transmission line length, substation capacity, power generation, and power consumption remain the world's first, and the power industry has gone through an extraordinary journey in its hard work.

Over the past 10 years, we have vigorously promoted the revolution in energy consumption and effectively guaranteed the people's access to and use of electricity.Energy green and low-carbon development is related to the future of mankind. To promote the energy consumption revolution, it is necessary to curb unreasonable energy consumption and promote carbon reduction, pollution reduction, green expansion and growth in coordination. China further promotes the electrification of terminal energy consumption, and the clean heating rate in the northern region has reached76%, contributing more than 1/3 to improve air quality. According to local conditions to promote electricity substitution, China's electricity accounted for the proportion of terminal energy consumption reached about 28%. In the past 10 years, the electricity consumption of the whole society in my country has increased from 5.3 trillion kilowatt-hours to 9.2 trillion kilowatt-hours. The average annual growth rate of electricity consumption of 5.6 has strongly supported the average annual economic growth of more than 6%. The State Grid has built the world's most extensive smart car networking platform, with a cumulative access to more than 510000 start-stop charging piles and more than 25 million registered users. In Fujian, the "double satisfaction" project of electric power will be implemented in depth, energy efficiency bills will be pushed to 117000 users, and comprehensive solutions for energy saving and carbon reduction will be provided.

Over the past 10 years, we have comprehensively promoted the energy supply revolution and achieved green power generation and supply.China's energy and power independent guarantee capacity continues to improve, basically forming a multi-wheel drive energy and power production system. Deepen the adjustment of power supply structure and increase continuously"Green Content". As of the end of 2023, my country's installed power generation capacity will reach 2.92 billion kilowatts, and the total installed capacity of renewable energy such as hydropower, wind power, and solar power will reach 1.47 billion kilowatts, accounting for more than 50% of the total installed power generation capacity, historically exceeding the installed capacity of thermal power. Among them, the installed capacity of wind power and solar power generation increased by about 5 times and 40 times respectively compared with 2013. Continuously improve the structure of the grid, build a strong power grid "main artery". As of the end of 2023, the State Grid has completed 35 UHV projects in China, with a cumulative power transmission of more than 2.9 trillion kilowatt-hours, which has effectively promoted the optimal allocation of power resources across the country. The Zhangbei Flexible DC Power Grid Demonstration Project has set 12 world records, helping all venues in the Beijing Winter Olympics to achieve 100 percent green electricity supply. "The wind in Zhangbei lights up Beijing's lights" has become a bright business card.

Over the past 10 years, we have continued to strengthen the energy technology revolution and seize the forefront and commanding heights of power technology."The heavy weapons of the great powers must be in their own hands". The power industry adheres to innovation-driven development, and has achieved a large number of world-leading major achievements with independent intellectual property rights in the fields of UHV power transmission and transformation, flexible DC, and large power grid control. A complete manufacturing industry chain of clean energy equipment such as hydropower, wind power, solar power, and nuclear power has been established. In the past 10 years, the average cost of onshore wind power and photovoltaic power generation has dropped by 30% and 60%, respectively. Baihetan Hydropower Station, Zhundong-Wannan UHV A batch of world-class projects such as DC have been put into production. The State Grid has strengthened technology research and development, improved the level of domestic substitution of key components, built a complete system of UHV testing, research and technical standards, developed the world's first fully controllable commutation technology converter valve, independently developed an engineering prototype of UHV converter on-load tap-changer, and built a new generation of electromagnetic transient simulation platform. The world's first 35 kV km superconducting transmission demonstration project has been built in Shanghai, which has enhanced China's international influence in the field of superconducting transmission.

State Grid Hubei Electric Power, based on the diversity of rural topography, fromStarting from 2023, 2 county-level, 1 town-level and 4 village-level rural energy revolution pilot demonstration projects will be built. The picture shows that on April 8, 2024, the optical storage and charging integrated parking lot of the rural energy revolution pilot project built by State Grid Hubei Electric Power in Qianshan Village, Enshi City was put into use. Party Group Propaganda Department of State Grid

Over the past 10 years, we have continuously promoted the energy system revolution and accelerated the marketization and rule of law of power reform.Adhere to the direction of market-oriented reform, vigorously promote the reform of the power system, the orderly liberalization of power generation and consumption plans, and the independent and standardized operation of trading institutions,The pattern of "letting go of both ends and managing the middle" has basically taken shape. Important progress has been made in pilot projects such as power in stock and green power trading. In 2023, China's market trading electricity is about 5.7 trillion kWh, accounting for 61.4 percent of the total electricity consumption of the whole society. China's power trading centers have registered 708000 market players, and the market vitality is increasing. Deepen the construction of the green power market, and 684.5 billion kWh of new energy market-oriented trading power in 2023, accounting for 47.3 of the total new energy power generation. Deepening the reform of electricity prices, the transmission and distribution price mechanism of "permitted cost and reasonable income" has taken shape, the market-oriented reform of coal-fired power generation prices has made important breakthroughs, and the establishment of a coal-fired power capacity electricity price mechanism. With the improvement of the market mechanism, we will accelerate the construction of a new type of power system that is clean, low-carbon, safe and abundant, economical and efficient, coordinated between supply and demand, and flexible and intelligent. The National Green Technology Trading Center was established in Zhejiang, and a market-oriented green technology supply and demand docking platform was built. A total of 1300 green technologies were traded, and the transaction amount exceeded 3.1 billion yuan.

Over the past 10 years, we have actively deepened international energy cooperation and promoted hard connectivity of power infrastructure and soft connectivity of rules and standards.Power industry actively serves co-constructionThe high-quality development of "Belt and Road Initiative" promotes the integration of technology, equipment, standards, culture and brand to "go out". Green low-carbon technology has accelerated into the world's advanced ranks, contributing 60% of wind power equipment and more than 70% of photovoltaic modules to the world. Actively participated in global energy governance, led the preparation of more than 100 international standards for electricity, and the International Electrotechnical Commission (IEC) Sustainable Electrified Transportation System Committee settled in China. State Grid has successfully invested and participated in the operation of 13 energy grid projects in 10 countries and regions around the world. UHV technology has taken root and blossomed overseas. The first and second phases of UHVDC transmission projects in beautiful mountains of Brazil have been completed and put into operation, and clean hydropower in the Amazon Basin has been transported to Sao Paulo, Rio de Janeiro and other places more than 2000 kilometers away, with a cumulative power transmission of more than 180 billion kilowatt hours. Successfully won the bid for the new energy transmission UHV DC transmission concession project in northeastern Brazil. Pakistan's Murrah DC project won the "China-Pakistan Economic Corridor Outstanding Contribution Award".

2. to accurately grasp the development direction of China's energy and power industry

Since the 18th National Congress of the Communist Party of China, General Secretary Xi Jinping has issued a series of important instructions and instructions on the construction of a new energy system, a new power system, and a new power grid. The Party Central Committee and the State Council have made major strategic deployments on many occasions. The low-carbon transformation has taken solid steps. At present, the world's unprecedented changes in a century are accelerating, a new round of scientific and technological revolution and industrial transformation are developing in depth, and the balance of international power is profoundly adjusted. As a key area supporting the realization of Chinese-style modernization, the power industry is facing new opportunities and challenges. It is necessary to thoroughly study and implement the spirit of General Secretary Xi Jinping's important exposition on ensuring national energy security and the major decisions and deployments of the Party Central Committee, and further implement the new energy security strategy and accelerate Build a new energy system, a new power system and a new power grid, and contribute to the momentum of Chinese-style modernization.

Accelerate the construction of a new energy system to provide a safe and reliable energy guarantee for China's modernization.Our country clearly put forwardAchieve the "double carbon" goal of carbon peak by 2030 and carbon neutrality by 2060. Chinese-style modernization is a modernization with a huge population. With the rapid development of new-quality productivity, new-type urbanization and comprehensive rural revitalization, my country's energy and power consumption will continue to grow for a period of time in the future, and the power supply side will face more ecological and environmental constraints., The system adjustment capacity is relatively insufficient and other constraints. Based on China's energy resource endowment, vigorously developing new energy is the fundamental way to solve a series of complex problems in the current power transformation and development. It is estimated that in 2030 and 2060, the proportion of non-fossil energy consumption in China will reach 25% and 80% respectively, and the proportion of electric energy in terminal energy consumption will reach 35% and 75% respectively. The energy allocation pattern will be more scientific and efficient, the energy supply structure will be profoundly adjusted, and the energy utilization mode will be more complex and diversified. To implement the national "double carbon" work plan and speed up the construction of a new energy system, we need to stand on the overall situation, grasp the key points, adhere to the problem-oriented and systematic concept, coordinate energy security and green and low-carbon transformation, and effectively deal with the "three major challenges" of ensuring supply, transformation and price stability ".

Accelerate the construction of a clean, low-carbon, safe and abundant, cost-effective, supply and demand coordination, flexible and intelligent new power system.In July 2023, General Secretary Xi Jinping emphasized at the second meeting of the Central Committee for Comprehensively Deepening Reform, "We must deepen the reform of the power system and accelerate the construction of a new type of power system that is clean and low-carbon, safe and abundant, economical and efficient, coordinated supply and demand, and flexible and intelligent. Better promote the revolution in energy production and consumption, and ensure national energy security". As an important part of the new energy system, the new power system carries a new historical mission. Clean and low-carbon means to form a clean-led and electricity-centric energy supply and consumption system. The energy supply side is diversified, clean, and low-carbon, and the energy consumption side is efficient, reduced, and electrified; safe and sufficient, It is necessary to have a reasonable proportion of supportive power and regulatory resources, coordinated development of power grids at all levels, strong and reliable structure, strong system carrying capacity, high level of resource allocation, and good factor interaction effect; economic efficiency means meeting reasonable energy and electricity demand with scientific supply, fair sharing and timely transmission of transformation costs, and high overall operation efficiency of the system. Coordination of supply and demand means coordination and interaction of multi-elements of source network, load and storage, coexistence of multi-form power grids, co-operation of multi-level systems, interconnection of multi-energy systems, and realization of high-quality dynamic balance of supply and demand. Flexible and intelligent, it is to integrate and apply new digital technology, advanced information and communication technology, and advanced control technology to realize the deep integration of energy flow and information flow, with remarkable characteristics of digitization, networking and intelligence.

State Grid Liaoning Qingyuan Pumped Storage Power Station is located in Qingyuan Manchu Autonomous County, Fushun City. It is the largest pumped storage power station in Northeast China."Super charging treasure". The picture shows the lower reservoir of Qingyuan pumped storage power station taken on August 16, 2023. Party Group Propaganda Department of State Grid

Accelerate the construction of a new type of power grid, thick plant energy high-quality development of the green background.In February 2024, General Secretary Xi Jinping emphasized during the twelfth collective study of the Political Bureau of the Central Committee: "It is necessary to adapt to the needs of energy transformation, further build a new energy infrastructure network, and promote the intelligent transformation of grid infrastructure and the construction of smart microgrids. Improve the grid's ability to accept, allocate and regulate clean energy." It is necessary to base on the current and long-term perspective, actively adapt to the needs of my country's high-quality energy development, earnestly implement the "14th Five-Year" power plan, plan the development of the "15th Five-Year" power grid in advance, accelerate the construction of energy infrastructure networks such as new power grids, and accelerate UHV And the construction of the main grid frame, improve the reliability and carrying capacity of the power grid, enhance the disaster prevention and resilience of the power grid, accelerate the digital transformation of the power grid, form a safe and reasonable power grid layout, realize the coordinated development of power grids at various voltage levels of AC and DC, realize considerable, measurable and controllable distributed new energy and microgrids, comprehensively improve the quality and efficiency of power grid development, and vigorously promote the high-quality development of power grids.

3. Accelerate the High-quality Development of China's Electric Power Industry

Ensuring energy security is the top priority to promote the high-quality development of China's power industry. Electricity is the carrier of energy green and low-carbon transformation, and the power grid is the platform to ensure energy security. As a leading enterprise in the industry, State Grid will deeply implement the new strategy of energy security, further promote the revolution of energy consumption, energy supply, energy technology and energy system, deepen international cooperation, better support and serve Chinese style modernization, and make greater contributions to building a clean and beautiful world.

Let the people get a sense of enrichment, and constantly meet the people's good life green low-carbon electricity demand.Promoting green and low-carbon economic and social development is the key to achieving high-quality development. The State Grid will focus on promoting energy conservation and efficiency improvement in the whole society, steadily and orderly promote the substitution of electric energy, and promote the formation of green production methods and lifestyles. Actively guide the whole society to save energy, use energy efficiently and use energy green. Continuously improve service quality and promote"Power supply service" extends to "power supply energy efficiency service. We will actively promote energy conservation and efficiency improvement in key areas such as industrial enterprises and public institutions, promote energy efficiency diagnosis, energy trusteeship and other services, and carry out in-depth "e-start electricity saving" activities for residents. In-depth implementation of electricity substitution, promote the northern region to replace coal with electricity clean heating, full service to ensure "coal to electricity" users warm winter, promote new energy vehicle charging, port and port electricity infrastructure construction, optimize the charging infrastructure network layout. Strengthen the whole process of power grid engineering construction to save energy, land, water, and materials, and promote the transformation of old and high-energy-consuming transformers. Deepen the construction of "national network green chain", create a green and low-carbon scene of the whole supply chain, and help form a green industrial cluster.

Let the power security more powerful, the energy of the rice bowl firmly in their own hands.To ensure a safe, reliable and clean supply of energy, it is necessary to achieve a multi-objective balance and increase energy supply through multiple channels. State Grid will take strong UHV and main grid as the basis for the high-quality development of the power grid, and the distribution network as the key to the high-quality development of the power grid, accelerate the coordinated development of power grids at all levels, and actively serveThe "Shagehuang" large-scale wind power photovoltaic base is sent out to promote the intensive development of new energy, strengthen the construction of distribution network, serve the distributed development of new energy, and promote the flexible access, reliable transmission and efficient consumption of various power sources such as regular power supply, new energy, pumped storage and so on. Deepen the analysis of the balance of power supply and demand, strengthen the construction of the power regulation system, improve the safe operation of the power grid, and do a good job of ensuring power supply with a sense of responsibility of "always worrying. Scientifically and rationally arrange power grid projects and construction schedules, and make every effort to serve the implementation of major strategies such as coordinated regional development, main functional areas, and new urbanization.

Let the innovation momentum more surging, and strive to achieve a high level of scientific and technological self-reliance.Promoting the iterative upgrading of key technologies, core products and new technology wisdom empowerment is the fundamental measure to cultivate new kinetic energy for development. State Grid will continue to increase efforts to tackle key core technologies, promote the improvement of the modern industrial system, and strengthen the construction of a high-level talent team. Around the protection of national energy security and the realization"Double carbon" goal, in-depth study of the power supply structure, load characteristics, climate change and other impact on the operation of the power system, and vigorously carry out key equipment and core devices. Accelerate the research of new energy and various resources collaborative operation technology, strengthen the construction of experimental research and development capacity, and improve the new power system standard system. Strengthen the role of original technology source, to build a new power system as a traction, to promote the innovation chain industry chain capital chain talent chain deep integration. Strengthen digital empowerment and large-scale applications, in-depth application of the Internet of Things, artificial intelligence, power Beidou and other technologies. Continue to build a team of high-quality professionals, and achieve a valuable life with the persistence of "doing one thing in a lifetime.

Make the governance system more effective and build a unified national electricity market.A unified, open, competitive and orderly power market system is an important basis for the optimal allocation of power resources. The State Grid will help the development of new elements and new business forms, continuously improve the level of management services, and promote the improvement of the electricity price formation mechanism. Strengthen the scenery water and fire storage joint venture, source network and storage integration and other new business access norms, market main body rights and responsibilities, trading model and other research, to promote multi-complementary. Improve new energy, distributed power, virtual power plants, user-side energy storage and other participation in the power market mechanism. Promote the integration and development of the electricity market with markets such as carbon emissions trading, energy rights trading and green card trading. Assist in optimizing and improving the policy mechanism of agent purchase of electricity, and improve the quality and efficiency of agent purchase of electricity and customer experience. Actively improve the electricity business environment, vigorously implement"Sunshine Industry Expansion", continue to expand the "One Netcom Office" to better meet the diversified and personalized needs of customers. Cooperate with government departments to deepen the market-oriented reform of electricity prices, strengthen the guidance of upstream and downstream costs of electricity, establish a market mechanism for the rational sharing of system costs among all subjects, and realize the efficient and coordinated operation of multi-level and various types of markets.

Pakistan Mertyari-Lahore ± 660 kV DC transmission project is the priority implementation project of the China-Pakistan Economic Corridor and the only power grid project of the China-Pakistan Economic Corridor. It is also the first international investment, construction and operation of the State Grid to adopt ± 660 kV DC technology integrated project. The picture shows that on March 1, 2024, the project carried out comprehensive maintenance and the staff were flushing insulators. Party Group Propaganda Department of State Grid

To make international cooperation more extensive, to build"the belt and road initiative" Contributes to the Power of the National Network.Energy cooperation is co-constructionKey areas of "the belt and road initiative. State Grid will actively and steadily explore the international market, strengthen the operation and management of overseas assets, and act as an ambassador for the "Belt and Road. Make use of and give full play to the role of IEC and other international organizations, actively participate in the construction of international standards, and comprehensively improve the voice of global energy governance. Follow the principle of extensive consultation, joint construction and sharing, focus on key markets and key projects, expand international business with high quality, continue to give full play to the advantages of technology, equipment, standards, and culture, cultivate new growth points in energy transformation, and cultivate core competitiveness in the international market. Steadily operate overseas assets, strengthen communication with local regulatory agencies, do a good job in the safe production of overseas power grid operations, strengthen the management of major projects, improve the quality and efficiency of operations, promote the sustainable development of global energy, steadily expand the "circle of friends", and form more grounded, Gathering people's cooperation results. Fulfill overseas social responsibilities with high standards, continue to promote the "small and beautiful" popular projects, promote people-to-people bonds, build a "heart-to-heart bridge", and create "five models" of quality, innovation, governance, culture, and responsibility. Leading global brands with "three leading" management, leading reputation, and leading value.