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State Grid releases comprehensive energy service action plan for 2019-2020

February 26, 2019


Abstract : SGCC has published a two-year action plan under which comprehensive energy and energy efficiency business income is estimated to exceed 4 billion yuan for 2019 and surpass 8 billion yuan for 2020.

BEIJING, Feb. 26 (Xinhua) -- The State Grid Corporation of China (SGCC), a major power grid operator in China, has published a two-year action plan to promote the development of its comprehensive energy services for 2019-2020, reported by Shanghai Securities News on Monday..

According to the plan, its comprehensive energy and energy efficiency business income is estimated to exceed 4 billion yuan for 2019 and surpass 8 billion yuan for 2020.

Specifically, the action plan mapped out four areas for key development during the period including new technology application in the energy sector, comprehensive energy and energy efficiency service business, multi-energy services including cooling, heating and power supply, as well as distributed clean energy services and exclusive electric vehicle services. 

The company plans to complete research and development (R&D) on 22 key technological equipments and build 20 key demonstrative projects in above key business sections during the two years.

For comprehensive energy service business in particular, the company plans four technological equipment R&D and pilot applications for 2019 and two for 2020. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)

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Keyword: Energy SGCC

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