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Top 2 state grid corporation of china News Today

#1
China’s State Grid Plans 40% Surge in Investment Through 2030
#1 out of 2
business22h ago

China’s State Grid Plans 40% Surge in Investment Through 2030

  • China State Grid unveils a plan to lift grid investment by about 40% through 2030 to bolster transmission and reliability.
  • The initiative aims to integrate cleaner energy sources and meet growing electricity demand across the country.
  • Officials seek faster project approvals and tech-enabled deployment to improve grid reliability.
  • The plan includes coordinating with regional authorities to fund large transmission projects.
  • The move aligns with China’s emphasis on energy security and decarbonization goals.
  • The capital plan supports expanding transmission capacity to handle renewable energy input.
  • State Grid project scope reflects a shift toward modernized and resilient infrastructure.
  • The plan is set to influence regional energy development strategies across China.
  • Analysts view the investment spike as a response to grid bottlenecks hindering renewables.
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#2
China has stopped buying power from Russia
#2 out of 2137.6K est. views
world14h ago

China has stopped buying power from Russia

  • China has stopped electricity imports from Russia as of January 1, 2026, ending a long‑running cross-border supply.
  • The halt is driven by elevated export prices in 2026 that surpassed China's domestic rates.
  • Russia’s Inter RAO had supplied surplus electricity under a 2012 contract with China’s State Grid Corporation.
  • The contract with State Grid Corporation runs until 2037 and envisioned substantial deliveries.
  • Russia’s Energy Ministry has not ruled out export resumption if China submits a new request.
  • China–Russia trade declined in 2025 after a record in 2024, marking the first drop in five years.
  • The report frames the move within broader energy and price dynamics between the two countries.
  • The article emphasizes the potential for future resumption if new terms emerge.
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