State Grid Corp. of China unveiled its 14th five-year plan that runs through 2025 to expedite the shift from coal generation, the utility giant said in a statement:
- Building seven ultra-high voltage power lines with a 56-gigawatt transmission capacity and increasing cross-regional transmission capacity to 300 gigawatts — half carrying clean electricity.
- Speed up construction of ongoing pumped hydro projects with 41.6 gigawatts; and have 50 gigawatts of the energy storage capacity in its operating area by 2025.
- Support construction of peak-shaving gas power plants and large-scale application of energy storage; and off-grid power developments with distributed solar capacity seen to reach 180 gigawatts by 2025.
- Raise electricity share to at least 30% of total energy use by 2025 and 35% by 2030.
- Develop electric highway fast charging electric vehicle network covering 176 cities and the world’s largest smart car networking platform.
- State Grid networks cover nearly 90% of the country. The company is working to meet President Xi Jinping’s target to peak emissions by 2020 and be net-zero by 2060.