Global Energy Interconnection Development and Cooperation Organization (GEIDCO)
is an international organization among willing firms, associations, institutions dedicated to advancing the sustainable development of energy worldwide. The mission of GEIDCO is to promote the establishment of Global Energy Interconnection (GEI) to meet the global power demand with clean and green alternatives, to implement the United Nation "Sustainable Energy for All" and climate change initiatives, and to serve the sustainable development of humanity.
GEI is a clean energy-dominant, electric-centric modern energy system that is globally interconnected, jointly constructed and mutually beneficial to all. It is an important platform for large-scale development, transmission and consumption of clean energy resources worldwide. In the cause of building GEI, the overall plan is to adhere to a path of green, low-carbon and sustainable development, accelerate construction of trans-national and intercontinental backbone grids based on technologies like Ultra-High Voltage (UHV) and smart grid, and form global power channels.
Since establishment, GEIDCO has actively promoted GEI concept, organized to formulate plans on GEI advancement and established technical standard system. It has also conducted joint technical innovation study on key issues and international collaboration, driven the implementation of engineering projects and provided consulting services. More than 100 research projects have been carried out.
GEIDCO has 825 members from 112 countries and regions, including energy and power enterprises, equipment manufacturers, engineering constructers, research institutes, universities, societies, etc. Established cooperative relations with relevant United Nations agencies, international organizations such as the Organisation for Economic Co-operation and Development (OECD), International Energy Agency (IEA) and International Council on Large Electric Systems (CIGRE), and governments, enterprises, institutions and universities, and signed more than 40 cooperation agreements with the United Nations Environment Programme (UNEP), World Meteorological Organization (WMO), IEEE, etc.
GEIDCO has successfully held 30 international conferences including High-level UN Symposium, International Conference on GEI, GEI high level Forums, World Hydropower Congress, and Forums on Energy Interconnection, attracting the attendance from politicians, leaders of international organizations, experts and scholars from more than 100 countries and regions.
Founded in 2002, State Grid Corporation of China (State Grid)
supplies power to over 1.1 billion people in 26 provinces, autonomous regions and municipalities. In total, it covers 88% of Chinese national territory. As the world's largest utility, State Grid has ranked 2nd in the Fortune Global 500 list and has received the same rating as China's Sovereign from the three major credit rating agencies for nine straight years (Standard & Poor's A+, Moody's A1, and Fitch A+). The State Grid?s mission is to provide safer, cleaner, more economical and sustainable power. In its 20 years of existence, State Grid has recorded the world's longest hours of safe operation of its super large grid, completed over 20 UHV power transmission projects, and integrated the largest volume of renewables with the strongest power transmission capacity.
The energy structure is changing in China and globally; at the end of 2020, renewable energy generation capacity accounted for 41% of all installed power generation capacity in China. This, in turn, means that power grids need to meet higher demands. State Grid has accelerated the construction of power grids in recent years, investing about RMB 2.38 trillion (2016-2020), and is ensuring timely new energy connectivity and consumption. State Grid has also intensified the construction of power transmission channels, reaching 0.23 TW of transmission capacity across provinces and regions, and is delivering 43% of clean energy power to achieve nationwide optimal allocation. In addition, State Grid is modernizing technology, improving transmission capacity and optimizing dispatching, to continuously facilitate grid-connectivity and new energy absorption capacity. The UHV network was constantly improved, which is an essential means to transform the energy development mode and guarantee energy security. State Grid has completed and put into operation "14 AC and 12 DC" UHV transmission projects, and the line length of 29 UHV transmission projects under construction has reached 41,000 km, with a transformer (converter) capacity of over 440 GW and a cumulative power transmission of over 1600 TWh. State Grid has also established a comprehensive technical standard system. By the end of 2020, it had led the preparation of 80 international standards.
State Grid has always adhered to the concept of a community with a shared future for mankind, holding video conferences with several international utilities to exchange initiatives for safe and reliable power supply during the pandemic prevention and control period. State Grid and the World Economic Forum jointly organized the International Forum on Energy Transition 2020, with the theme of Energy Transition and Sustainable Development in the Post-Pandemic Era. State Grid has been jointly enhancing the "green recovery" of the world economy and the development of the global energy transition and working together to achieve the goal of carbon neutrality. And it has participated in major events such as the 3rd China International Import Expo and China International Trade in Services Fair, as well as meetings of international organizations such as the Global Sustainable Electricity Partnership and the World Economic Forum.