In the news, during the 14th Five-Year Plan period, China State Grid and China Southern Power Grid maintained high investment in the 13th Five-Year Plan to achieve the goal of double carbon. State Grid plans to invest 350 billion US dollars (about 2.23 trillion yuan) to promote the transformation and upgrading of the power grid. China Southern Power Grid plans to invest about 670 billion yuan to accelerate the construction of digital power grid and modern power grid, and promote the construction of a new power system with new energy as the main body.
Some institutions said that recently, the State Grid announced an investment of 236.4 billion yuan from June to July, a year-on-year increase of 19%, and it is estimated that the investment will be nearly 300 billion yuan this year. The investment of State Grid alone is expected to exceed 500 billion yuan, and the overall investment of power grid this year may reach the investment high point in the past decade.
Zheshang Securities pointed out that since this year, steady growth has become an important proposition, and power grid investment projects are expected to increase. Building a new power system with new energy as the main body puts forward higher requirements for the power grid. According to the two-network action plan, UHV and smart distribution network have become the key points of construction. According to the development plan of State Grid and China Southern Power Grid, during the 14th Five-Year Plan period, the two networks plan to invest nearly 3 trillion yuan, with an average annual investment of 580 billion yuan, an increase of 12.2% over the 13th Five-Year Plan period. This year's epidemic has delayed the investment progress. With the implementation of the steady growth policy, the follow-up planning projects are expected to land quickly.
The agency said that the new power system has derived new requirements, and the intelligent distribution network has become the focus of construction. The 14th Five-Year Plan proposes to speed up the intelligent transformation of power grid infrastructure and the construction of intelligent microgrid. 48% of the investment in China Southern Power Grid's "14th Five-Year Plan" will be used for distribution network upgrading, and the related targets of distribution network are expected to usher in rapid growth in performance. It is suggested that companies with technical barriers to intelligent equipment in distribution network should focus on innovation of Yi Jiahe, Honglida, Hangzhou Steel Kelin and Zhiyang.
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