China Southern Power Grid Corp 22 news, the company's fixed asset investment arrangement in 2024 reached 173 billion yuan, an increase of 23.5%; We plan to carry forward the construction of 194 key energy projects.

It is understood that the fixed investment arrangement of the Southern Power Grid Company in 2024 covers a total of 194 key energy projects in the fields of power grid construction, pumped storage, and new energy storage. In terms of power grid construction, the Southern Power Grid focuses on accelerating the optimization of the main grid in the five provinces and the upgrading of the urban and rural distribution network, among which the Guangdong power grid is expected to invest more than 9 billion yuan this year to continue to consolidate and improve the rural power grid; Yunnan Power Grid plans to invest 9.6 billion yuan to accelerate the construction of modern rural power grids. It is reported that the 500 kV Baodong power transmission and transformation project in Yunnan has been completed and put into operation, effectively meeting the development of Yunnan silicon-based 100 billion industrial clusters and the annual demand for 10 billion electricity.

In terms of pumped storage construction, China Southern Power Grid strives to promote the preliminary work of pumped storage power stations in Guilin and Guigang in Guangxi and Maoming in Guangdong Province, and plans to complete and put into operation by the end of 2029, which will effectively support the stable access of 250 million kilowatts of new energy to the grid.

The new investment in fixed assets of Southern Power Grid this year is mainly used for the layout of strategic emerging industries and the expansion of new tracks in new fields. According to the strategic planning Department of the Southern Power Grid Company, the company will focus on pumped storage, comprehensive energy, electric vehicle charging and replacement business, is expected to 2024, the company's first strategic emerging industry investment of more than 38 billion yuan.

China Southern Power Grid Company said that it will adhere to the traditional power grid industry and strategic emerging industries "both ends" of the force, fully promote the implementation of key projects, and play a leading role in the development of new quality productivity. Editor/Xu Shengpeng