According to the national grid planning, from 2011 to 2015, China is committed to building a unified strong and smart electrical wire netting. This huge project in the next 10 years will bring a trillion market opportunities for practitioners at home and abroad, and improve the existing power grid emphasized safety, reliability and stability to a whole new level. Smart grid construction is becoming another important engine pulling the world economy. Electricity is the lifeblood of the economy. Modern economic development put forward higher requirements for the grid security, reliability and stability. With the smart grid construction put on the agenda, the hundreds of millions of dollars of business opportunities also attract the attention of the growing number of fiber optic cable manufacturer.
Necessity of Smart Grid Construction
In recent years, China's wind power and photovoltaic power generation of clean energy development is very rapid. As of 2010, China's total wind power installed capacity ranks first in the world. In accordance with the existing plan, during the "Twelfth Five-Year" period, China's wind power installed capacity is more than 60 million kilowatts. At the same time, China's photovoltaic power generation will also usher in a qualitative breakthrough. Solar power development according to the released “National Energy Board the 12th Five-Year Plan", and by the end of 2015, China's solar power generation capacity will reach 21 million kilowatts. This means China's installed capacity of photovoltaic power generation will expand in 2011 on the basis of five times. The large-scale grid connection of wind, solar system must be resolved through the construction of smart grid. To accelerate the construction of safety, reliability, and stability of the smart grid is imminent, and this is a rare opportunity for a lot of electrical wire supplier.
Future of Wire and Cable Industry
The electrical wire netting investment focuses on solving the uneven distribution energy and load center, and it will focus on the construction of UHV. State Grid Corporation plans that by 2015, through a number of UHV transmission lines connecting the North China Power Grid and Central China Power Grid and East China Power Grid, the total investment will be more than 500 billion yuan. After 2020, China will build a "three China" UHV synchronous grid centered northeast of UHV power grid of 750 kV main sender joins major coal bases, large hydropower bases, nuclear power base, it can renewable energy base and the main load center, strong and smart grid for the coordinated development of power will speed up the transformation of the direction of development of electric power, and promote the development of clean energy and combat climate change, protection of national energy security and build an innovative country with a significant and far-reaching impact.
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