Beijing, China --- (METERING.COM) --- May 25, 2009 - China’s power distribution monopoly State Grid Corporation has set a goal of building a smart grid by 2020 to improve efficiency and distribute power more flexibly, the company’s president, Liu Zhenya, was reported as saying last week.
The “strong and smart grid” would help increase the share of clean energy in China’s energy mix. With the smart grid completed in 2020, China’s clean energy installed capacity is expected to increase to 570 million kW, a 35 percent share of the total, State Grid said.
Liu said that planning will start this year, including establishing technical standards and equipment research and development.
The smart grid will be based on the current national grid, including ultra-high voltage power transmission lines (see China’s ultra high voltage transmission demonstration enters commercial operation). State Grid is increasing capital expenditure on its UHV projects to in excess of CNY200 billion ($29.3 billion) by 2012.