For many years China’s focus has been squarely on industrialisation and economic development. The noticeable shift to a services-based economy has given rise to a diversified energy mix and emphasis on clean energy.
Meeting environmental goals and achieving ‘blue sky’ status is of critical importance for the nation that is rapidly turning to renewable energy, digitalisation and electrification to achieve these goals.
The Chinese energy transition is like no other. It will certainly have global and domestic implications on markets, trade and investment flows, technology costs and the achievement of shared clean energy goals. Smart Energy International will be keeping you up to date on all you need to know.
China Utility Week offers a syndicate of end-to-end industry solutions as well as specific zones dedicated to innovation and start-ups, intelligent buildings and the energy revolution.
The event represents an exciting business opportunity for your organisation to meet with experts from utilities, network operators, vendors, consultants and system integrators and international decision makers, to discuss and test your innovative solutions to drive forward the digital energy transition in China.
China’s National Development and Reform Commission (NDRC) plays a critical role in the country’s electricity market as the primary price-setter and regulator. It also develops and implements major policies that affect the wider economy and energy sector including the involvement of foreign competitors.
As part of China’s stated effort to open up the electricity sector, the NDRC allows limited foreign investment in the construction and operation of the power grid.
Therefore, China offers great opportunities for international exporters, particularly suppliers and service providers in the areas of high voltage transmission, synchro-phasor technology and modernisation of transmission operations, renewable and energy efficiency and partnerships in smart city and smart grid projects.
This article was originally published in Smart Energy International 1-2019.