China Starts Construction Of $22B Expansion Of Transmission Line Network

OilPrice.com | Aug 4, 2022 at 1:00 PM
  • China’s largest utility will soon begin the construction of some $22 billion of new long-distance, ultra-high-voltage transmission lines to connect more wind and solar installations to the grid.
  • In line with these plans, the country is expanding its grid with transmission lines to carry the low-carbon energy from the unpopulated areas where wind and solar farms are built to its megacities.
  • This was as much as 128 percent higher than investments in the first half of 2021 and far ahead of the second-biggest renewable spender, the U.S..