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National Energy Administration Holds Deployment Meeting on New-type Power Grid Construction, 15th Five-Year Plan Annual Power Demand Growth Seen at 5%
2026-09-02 09:36:55 China's National Energy Administration held a deployment meeting yesterday (1st) on new-type power grid construction. The meeting emphasized that during the 15th Five-Year Plan period, China's power demand will continue to maintain annual growth of around 5%, while the proportion of new energy will further increase. Demand from high-end industries for green and high-quality electricity is expected to grow steadily, with new business models and formats accelerating and competition in core technologies intensifying, thereby placing higher requirements on new-type power grid construction. The construction of new-type power grids represents a profound transformation involving new architecture, new technologies and new services, requiring coordinated planning and systematic measures. First, efforts should be made to strengthen infrastructure advantages by building a new coordinated grid structure integrating main grids, distribution grids and microgrids to enhance the safety and stability of large power grids, fully leverage the public platform role of distribution networks, and promote flexible and diversified interaction of smart microgrids. Second, innovation-driven development should be strengthened by accelerating the research, development and application of new grid technologies such as AI+, flexible grid-forming systems, intelligent regulation and control, and long-duration energy storage, in order to develop new quality productive forces. Third, diversified support and safeguards should be enhanced by upgrading new grid services compatible with new business formats such as efficient integration and consumption of new energy, high-quality power supply, and coordinated computing-power and electricity systems, to better meet industrial development and public demand. Fourth, efforts should be made to safeguard the bottom line of operational safety, ensure the safe and stable operation of large power grids, strengthen project safety and quality management, improve disaster prevention and emergency response capabilities, and enhance safety resilience. The meeting noted that new-type power grid construction is linked upstream to projects such as new energy power generation and downstream to electricity usage by industrial, commercial and residential users, generating strong spillover effects and huge investment scale. It plays an important supporting role in boosting investment in the near term and optimizing economic structure over the long term. First, approval and construction of major grid projects such as power transmission channels should be accelerated. Power grid enterprises should advance project construction with refined management and fully leverage the investment-driven role of major projects, while local energy authorities should expedite the processing of supporting approvals and documentation. Second, overall coordination and advancement of new-type power grid construction should be strengthened. Local energy authorities should compile provincial project and task lists for new-type power grids, implement responsibilities at every level, and guide local grid enterprises to increase efforts in constructing provincial backbone grids and distribution network projects. Third, policy support and implementation efforts should be intensified. The National Energy Administration will work with relevant ministries and local energy authorities to leverage regular monitoring, coordination and matchmaking mechanisms for key energy projects, and coordinate solutions to major issues arising during project implementation. Private enterprises will also be supported in actively investing in new-type power grid construction to share new opportunities and benefits. At the meeting, the National Energy Administration deployed relevant work on new-type power grid construction. Seven entities, including State Grid, China Southern Power Grid, Inner Mongolia Power Group, Sichuan Provincial Energy Administration, Zhejiang Provincial Energy Administration, Southern Energy Regulatory Bureau and China International Engineering Consulting Corporation, delivered exchange speeches. (jl/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |