Dr. Shu Yinbiao attended Belt and Road Energy Ministerial Conference and the International Forum on Energy Transitions, and delivered a keynote speech
Building new generation power systems to promote the development of energy transition
On 18th and 19th of October, the Belt and Road Energy Ministerial Conference and the International Forum on Energy Transitions were held in Suzhou City, Jiangsu Province. Themed “Building the Belt and Road Energy Partnerships” and “Energy For the Better Life” respectively, these two events aim at promoting in-depth development of energy reform, catering to the demand of people for a better life and contributing to the building of a community with a shared future for mankind. Dr. Shu Yinbiao, the Chairman of State Grid, attended the Opening Ceremony and spoke at the First Roundtable Discussion of the Belt and Road Energy Ministerial Conference, the main session of the International Forum on Energy Transition and sub-forum on power system transition.
On 18th October, Dr. Shu Yinbiao delivered a keynote speech at the morning session of the First Roundtable Discussion of the Belt and Road Energy Ministerial Conference. In recent years, State Grid has been dedicatedly implementing the central government’s decisions and national strategies. Based on a series of core technologies and rich experience in power grid construction, operation and management, the company actively serves and promotes the "Belt and Road" Initiative. So far, State Grid has achieved tremendous success in investing and operating overseas energy infrastructure, conducting international production capacity cooperation, promoting grid connectivity with neighboring countries and participating in the formulation of international standards.
At the afternoon session on 18th October, Dr. Shu Yinbiao delivered a keynote speech on the International Forum on Energy Transition titled Power Grid Revolution in Energy Transition. He said that electric power is the core of energy transition, and the new round of energy transition which began in the 21st century is essentially a process of re-electrification. The continuous development of energy transition demands better performance and mode of operation of power grids. Advancing the power grid revolution is a key move to promote energy transformation. In future, power grid development will be based on energy interconnection and new generation power systems. The new generation power systems would adapt connectivity of renewable energy and wide-spread utilization of advanced energy-consuming facilities, integrate state-of-the-art technologies such as advanced power transmission, large-scale power storage, renewable energy-friendly connection, interactive power-grid-load and smart control. It will be an extensive and interconnected, smart and interactive, flexible and resilient, secure and controllable, open and shared new generation power system. In recent years, facing new changes in energy transition, State Grid has treated the development of new generation power systems and energy interconnection with utmost priority, promoting the innovative development of power grid, improving the capability of power grid in resource allocation, making power grid smarter, increasing the level of electrification, and enhancing the safe and reliable control of large power grid.
In the morning session of the sub-forum on power system transition on 19th October, Dr. Shu Yinbiao delivered a keynote speech titled Building The New Generation Power System. Dr. Shu Yinbiao asserted: The power industry in China is constantly making progress through innovation. It has transformed from a weak latecomer to a strong leader. In the process, China has built two milestone projects: The Three Gorges Power Transmission and Conversion Project and the UHV power transmission projects. Currently, State Grid has built and put into operation 18 UHV projects (8 AC and 10 DC projects), making China a global leader in long-distance power transmission. Advancement of energy transition exposes the power systems to challenges in resource allocation, system security, system equilibrium, flexible control and market design, which demands the upgrade of traditional power systems into new generation power systems. Dr. Shu Yinbiao elaborated on the five features of the new generation power systems and identified the five priority technologies where breakthroughs are urgently needed, including a strong power grid, a comprehensive security defense system, a quick equilibrium capability, the renewable energy-friendly connection, the fundamental theory and the next-generation simulation technology. He pointed out that “re-electrification + the new generation power system” is an important path for power transition. The company is willing to strengthen technological exchange and cooperation with domestic and international peers to nurture global energy transition and sustainable development of human society.
During the Forum, Dr. Shu Yinbiao also met with Adnan Z. Amin, Director-General of the International Renewable Energy Agency (IRENA). The two sides exchanged ideas on promoting existing joint research projects and strengthening communication for energy transition-oriented technologies, business models and power system operations. They discussed methods to leverage State Grid’s experience in developing UHV power transmission, smart grid, EV battery charging services, grid-source-load interaction, and smart towns and cities, to benefit more countries and people.
The Qinghai 9-Day 100% Clean Power Practice, Report on Energy Transition in Chinese Cities and other relevant achievements of energy transition were released at the Forum.
Source: State Grid Administration Office, State Grid Strategic Research Office, State Grid Department of International Cooperation, State Grid News