IRENA and State Grid of China to Cooperate on Accelerating Energy Transition
The International Renewable Energy Agency (IRENA) and the State Grid Corporation of China (SGCC), the world's largest utility, agreed today to enhance their co-operation with a view to advancing the energy transition under global and regional initiatives, including the Paris Agreement and the Belt and Road initiative.
The framework of the agreement includes opportunities for collaboration on activities related to integrating high shares of wind and solar, grid integration, interconnection and smart grids. The framework also includes initiating technical co-operation in the context of IRENAâ€™s Clean Energy Corridor initiatives and capacity building activities related to integrating renewable power in energy systems in developing countries
The agreement was formalized on the sidelines of the Eighth Clean Energy Ministerial in Beijing, China between IRENA Director-General Adnan Z. Amin and SGCC Chairman Shu Yinbiao.
â€œAs the worldâ€™s largest renewable energy market, China is at the forefront of renewable energy and it is State Grid that provides the electricity backbone for over 1 billion people,â€ said IRENA Director-General Adnan Z. Amin. â€œProviding more electricity â€“ and more renewable electricity â€“ than any other utility in the world, State Gridâ€™s extensive experience with grid infrastructure and integrating renewable energy into power systems will help improve understanding of how we can bring larger shares of renewable power online. We look forward to working together to accelerate the transition to a sustainable energy future both in China and around the world.â€
State Grid Chairman Shu Yinbiao said at today's signing: "As the largest utility in the world, State Grid Corporation of China is dedicated to the interconnection of world power infrastructure to realize efficient, clean and sustainable development of global energy and contribute to the Belt and Road Initiative. Based on the consensus of advancing the energy transition towards a low-carbon and green energy future, State Grid will implement extensive win-win cooperation with IRENA in terms of power grid technology, equipment and international standards.â€
China is the worldâ€™s largest renewable energy market with over 27% (545 gigawatts) of the worldâ€™s installed renewable energy capacity and over 40% of the worldâ€™s renewable energy workforce.
SGCC constructs and operates power grids throughout China as its core business, providing power to over 1.1 billion people throughout China. The company also has overseas operations in Europe, Latin America and Australia.