Proposal Submitted to Raise On-grid Tariffs
November 24, 2011 No CommentsTime to raise electricity prices in China?
Time to raise electricity prices in China?
Power plants and their managers are now directly responsible for the consequences of their actions after accidents.
The smart grid demonstration project of Gongqingcheng City in Jiangxi Province has passed the first trial on the investigating conference in Nanchang.
Scholars of the Chinese Academy of Sciences and the Chinese Academy of Engineering said that the smart grid adoption will stimulate new technology and business models, and bring an industrial revolution.
According to experts from Energy Academy of the State Grid Corporation, the company will invest RMB 2.55 trillion yuan to for power grid development during the Twelfth Five-year Program.
Many foreign companies want to capitalize on the booming smart grid industry in China by increasing investments and providing technological support and solutions.
The first 110 Kv smart substation in Anhui Province, the Huaibei 110 Kv Huantan substation, was finally put into operation.
The ambitious electric vehicle development plan released recently triggered some concerns regarding the stability of the Chinese grid system.
At the China International Smart Grid Summit & Exhibition in Shanghai, ZTE demonstrated their SG EPON smart grid solution.
Within the next five years, Shenyang Electric Corporation will invest RMB 9.52 billion yuan in the development of the Shenyang grid.