China new energy development turbocharges global green transformation

Release Time:2023-11-02 16:11 Article Source:Xinhua

The 24th Conference on the Electric Power Supply Industry (CEPSI), which opened Friday in the eastern Chinese coastal city of Xiamen, saw technological innovation and close industry cooperation among global participants.

With a total area of around 17,500 square meters, CEPSI 2023 showcases the innovation and development achievements of the member units of the Association of the Electricity Supply Industry of East Asia and the Western Pacific, providing a platform for domestic and international industry players to explore the potential of technological innovation to meet market demand.

Suhanee Sutree Chit, head of the system planning and industry market department of Tenaga Nasional Berhad, a leading electric utility company in Malaysia, was looking for cooperation programs with Chinese enterprises.

Chit and his colleagues are interested in the high-voltage direct current (HVDC) technologies China has developed over the years. He believes if these technologies can work in Malaysia, they will benefit the power trading, resource sharing, and integration of renewable energies between neighboring countries such as Singapore, the Philippines and Indonesia.

They also had a few business meetings and met with China Southern Power Grid Co., Ltd. (CSG) to explore the possibilities of cooperation in energy transition.

CSG masters core technologies such as ultra-high voltage direct current (UHVDC) power transmission.

HVDC is like a highway for power transmission and energy interconnection. CSG is building the Mindanao-Visayas interconnection project in the Philippines, the first overseas direct current transmission contracting project for CSG. The entire project will start operating in 2023, according to Huang Xionghui, a specialist at CSG Extra High Voltage Power Transmission Company.

Themed "Low Carbon Energy, Powering a Green Future," CEPSI 2023 has attracted over 2,000 delegates, including representatives of leading energy and power enterprises, authorities and international organizations in the Asia-Pacific region.

Participants believed that China's significant advancements in new energy technology and infrastructure have played a pivotal role in global efforts to seek sustainability.

China has been widely recognized as an international leader in renewable energy. China also applies a strategy of reducing energy intensity and peaking carbon emissions via a carefully planned and phased approach, which makes it a beacon for successful decarbonization, according to Jimmy Khoo, CEO of SP PowerGrid Limited.

China's renewable energy power generation reached 2.7 trillion kWh in 2022, accounting for 31.6 percent of the country's total electricity consumption, up 1.7 percentage points compared with 2021, data from the National Energy Administration showed.