While the world is still struggling with the energy crisis, China has quietly built a super power system covering the whole chain of power generation, transmission and electricity consumption - the total installed capacity has exceeded 2.8 billion kilowatts, equivalent to the United States, the European Union and Japan combined; UHV technology is unique in the world, and the distance of west-to-east power transmission spans 5,000 kilometers; New energy accounts for more than 40% of the installed capacity, and photovoltaic module production accounts for more than 80% of the world's total. This is not only an industrial miracle, but also a power shift that changes the rules of the world.

Geopolitics: Electricity becomes the new strategic weapon

Through the export of power infrastructure, China is reconstructing the global energy geograph. In Latin America, the State Grid operates the distribution network in 14 Brazilian states; In Africa, China has built power projects in 54 countries with an installed capacity of 120 million kilowatts, and even in Europe, Hungary, Serbia and other countries have adopted Chinese equipment at key nodes in their power grids. This power influence is more subtle than that of military bases, but it is just as effective – when 60% of a country's substations use Huawei's energy management system, its policy choices are inevitably affected. According to a report by CSIS, a US think tank, China is implementing "soft control" through the "Power Silk Road".

Economic restructuring: The cost of electricity crushes the hegemony of manufacturing

Jiangsu's industrial electricity price is 0.08 US dollars / kWh, which is only 1/4 of Germany and 1/3 of the overwhelming advantage of the United States, so that China's manufacturing industry has obtained a "power moat". Tesla's Shanghai factory costs $300 less energy per car than its Berlin factory, which is exactly the confidence that it dares to reduce the price by 20% globally. More importantly, China has the pricing power of the entire polysilicon-module-energy storage industry chain. When Europe tries to rebuild its PV industry, it finds that its production costs are still 35% higher than China's. This cost advantage of electric drives is turning "de-Sinicization" into a political slogan.

Technical standards: from followers to rule-makers

In the field of UHV, China leads the formulation of international standards for 78%, and all the standards above 800 kV issued by IEC originate from China. State Grid's Smart Grid 2.0 standard, which has been adopted by 76 countries, is equipped with 5G power slicing technology, which has reduced the fault repair time of the Philippine power grid from 8 hours to 22 minutes. This kind of technical standard output is more penetrating than market share – when the grid dispatch systems of Vietnam and Laos must be compatible with Chinese protocols, technology dependence is transformed into strategic binding.

The climate game: the dual-track system of new energy solves the dilemma of the West

China has pioneered a parallel strategy of ensuring the supply of coal power and new energy iterations: while maintaining 410 million kilowatts of coal-fired power capacity to cope with energy security, the annual installed capacity of wind power and photovoltaic power has exceeded 100 million kilowatts for five consecutive years. This flexible energy system allows China to avoid soaring electricity prices, as in Europe, and not to be constrained by shale gas fluctuations, as in the United States. The UNEP report acknowledges that China is the only major economy in the world to achieve both power growth and carbon intensity reduction.

From the steam engine of the British Industrial Revolution to the electrification of the rise of the United States, electricity has always been the core code of the rise of great powers. Today, China is turning its power advantage into an all-round rule advantage – when 75% of the world's lithium-ion battery equipment, 60% of nuclear power construction, and 50% of smart meters are branded with China, a new energy order has taken shape. This is not only a battle of megawatts, but also a rehearsal of future world dominance.(This article is from the official website of Seetao www.seetao.com. Reprinting without permission is strictly prohibited. Please indicate Seetao.com + original link when reprinting) Seetao.com Strategy Column Editor/Sun Fengjuan