Build a global energy internet by 2050

China Energy Storage Network News : "Building a global energy internet is a milestone event in the history of world energy economic development." This is the conclusion reached by many politicians and experts from home and abroad.

According to Shu Yinbiao, Chairman of the State Grid Corporation of China, who hosted the forum, this forum was held by the Global Energy Interconnection Development Cooperation Organization and the State Grid Corporation of China to commemorate the first anniversary of President Xi Jinping's first proposal of the Chinese initiative of "building a global energy internet" at the United Nations Development Summit. Many politicians and experts from the international community believe that promoting the innovative development of the global energy internet is of great strategic significance for responding to global climate change and promoting world economic growth.

New hope for promoting global green energy transformation

It is understood that Wu Hongbo, Deputy Secretary-General of the United Nations, has paid close attention to this forum. In his congratulatory letter to the forum, he said that on September 26, 2015, Chinese President Xi Jinping proposed to explore the construction of a global energy internet at the United Nations Development Summit, which brought new hope for strengthening international cooperation, jointly addressing climate change, and promoting green energy transformation and development.

Wu Hongbo said, "I am very pleased to see the unremitting efforts made by the cooperation organization to promote the development of the global energy internet. In just a few months, the cooperation organization has solved development problems and gathered global wisdom, and has become a global energy internet development cooperation platform for consultation, co-construction and win-win results."

"At present, the world's energy development is facing major challenges such as resource shortages, environmental pollution, and climate change." Liu Zhenya, Chairman of the Global Energy Interconnection Development and Cooperation Organization and Chairman of the China Electricity Council, pointed out in his speech that President Xi Jinping's proposal to build a global energy interconnection "is a major initiative to promote energy revolution, promote clean development, and respond to climate change on a global scale, and it has opened a new journey for the sustainable development of world energy. It has received widespread praise and positive response from the international community."

The reporter noted that in addition to Wu Hongbo, there are also UN Under-Secretary-General and Executive Secretary of the United Nations Economic and Social Commission for Asia and the Pacific Shamshad Akhtar, Director-General of the United Nations Global Compact Jin Lisa, International Energy Agency Director Fatih Birol, Portuguese Prime Minister António Costa, and the Ministry of Energy of the Russian Federation, the Ministry of Water Resources and Power of the Islamic Republic of Pakistan and many other international dignitaries who sent congratulatory letters to the forum, all of which highly praised the Chinese initiative of the Global Energy Internet. Among them, Shamshad Akhtar said in his congratulatory letter that the construction of the Global Energy Internet has brought important opportunities for promoting regional power grid interconnection and power structure optimization. As a leader and promoter of the development of the Global Energy Internet, the cooperation organization has played an important role in promoting regional energy interconnection and cooperation. It is of great significance to promote the realization of the United Nations' goal of "affordable, reliable, sustainable and modern energy for all".

Rodrigo Costa, Chairman of the Portuguese National Energy Network, used the interconnection of energy between Portugal and Spain to prove the importance of building a global energy internet. He said that Portugal has abundant solar and wind energy resources, but these clean and renewable energy sources are unstable. In recent years, through cooperation with Spain, the two countries have not only made breakthroughs in the use of clean energy, but also spent less money. Currently, 10% of Portugal's electricity is provided by Spain. In the future, with the establishment of the global energy internet, the energy market will become larger and the use of clean and green energy will be greater, which will undoubtedly be of great significance to global climate change and energy transformation.

A new engine driving the sustainable development of the global economy

"State Grid Corporation of China has implemented the spirit of China's initiative and initiated the establishment of the Global Energy Interconnection Development Cooperation Organization, which is leading and promoting the global energy transformation and development. It is a milestone event in the history of world energy development." Li Yining, member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and a well-known economist, pointed out in his speech that the Global Energy Internet is not only an important platform for the low-carbon transformation of the world economy, but also provides systematic solutions for developing a low-carbon economy and realizing energy transformation. It will also drive economic growth, promote capacity upgrading, optimize energy structure, and improve energy efficiency, becoming a new engine for world economic growth.

Liu Zhenya believes that the Chinese initiative of building a global energy internet proposed by President Xi Jinping has insight into the world development situation, grasps the laws of energy development, and leads the development trend of the times. It not only depicts a grand blueprint for the sustainable development of world energy, but also embodies the concept of innovation, coordination, green, openness, and sharing. It is a major strategic choice related to global development and the fate of mankind. He said, "Building a global energy internet will not only promote the transformation and development of world energy and ensure the supply of energy and electricity, but will also give rise to a large number of new formats and models, and drive the vigorous development of strategic emerging industries such as new energy, new materials, intelligent manufacturing, and electric vehicles. It will become a powerful engine for promoting sustainable development, structural adjustment, and industrial upgrading of the global economy."

According to reports, the Global Energy Internet is a strong smart grid with UHV as the backbone and interconnected globally. It is the basic platform for the large-scale development, transmission and use of clean energy on a global scale. Building the Global Energy Internet, promoting the interconnection of global power grids and realizing the world's energy interconnection will effectively promote policy communication, infrastructure connectivity, unimpeded trade, financial integration and people-to-people exchanges among countries.

"From now until the middle of this century is an important period for building a global energy internet. The Global Energy Internet Development Cooperation Organization will be guided by strategic planning, supported by innovation-driven development, and guaranteed by international cooperation to comprehensively accelerate the construction of a global energy internet and promote the realization of 'two substitutions', namely, clean substitution and electric substitution." Liu Zhenya emphasized that at present, the development of the global energy internet is moving towards the stage of strategic implementation and joint action. It is necessary to give play to the leading role of cooperation organizations, the main role of industry and enterprises, the supporting and guiding role of governments, and the synergistic role of international organizations, gather the wisdom of all parties, form a strong synergy, promote innovation in science and technology, industry, and finance, and promote the development of the global energy economy.

Hu Hao, Vice President of Industrial and Commercial Bank of China, pointed out in his speech at the forum that the Global Energy Internet is an "Internet of Things" that integrates energy transmission, resource allocation, market transactions, information interaction, and intelligent services. It is a development platform that creates huge economic, social, and environmental comprehensive value and contains broad commercial space. The huge capital demand of the Global Energy Internet provides a major strategic opportunity for commercial banks and other financial institutions.

New connotations of promoting the construction of the “Belt and Road”

Liu Zhenya said that the Global Energy Interconnection China Initiative has not only opened up a new path for sustainable energy development, but also given new connotations to the construction of the "Belt and Road". As the first international energy organization initiated by China, the Global Energy Interconnection Development Cooperation Organization has made important progress in promoting and implementing the concept of global energy interconnection, international cooperation, strategic research, technological innovation, and project promotion since its establishment in March 2016. At present, the cooperation organization has released research results such as "Global Energy Analysis and Outlook" and "Global Energy Interconnection Development Report", and is actively promoting key demonstration projects such as the Mongolia-China-Korea-Japan power grid interconnection project to promote power interconnection among countries along the "Belt and Road".

"The Belt and Road Initiative is a major innovation for China to transform its own production capacity advantages, technology and capital advantages, experience and model advantages into market and cooperation advantages and implement all-round opening up." Wang Xiaolong, the special envoy of the Ministry of Foreign Affairs for G20 affairs, said that the Global Energy Internet carries the mission of regional and world peace and development. Building a global energy Internet is conducive to the governance of global issues and the construction of an open world economy. Under the framework of the Global Energy Internet, China will focus on strengthening the interconnection of energy infrastructure with the countries along the Belt and Road Initiative, sharing regional energy resources, and promoting international energy cooperation among countries along the route. Through the construction of the Belt and Road Initiative, with energy interconnection as one of the key contents, it will coordinate and gather the forces of all parties to achieve openness, innovation, cooperation and win-win results, which will help to establish a more harmonious partnership, promote world peace, prosperity and progress, and open a new chapter in the peaceful development of mankind.