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07
2018
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12
State Grid plans to invest 498.9 billion yuan in power grid in 2018
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This is the 13th social responsibility report of State Grid Corporation and the first corporate social responsibility report in the new era. The report fully discloses the company's willingness, behavior and performance to fulfill its social responsibility, promote sustainable development and pursue the maximization of comprehensive value in 2017 with new ideas and new horizons.
This is the 13th social responsibility report of State Grid Corporation and the first corporate social responsibility report in the new era. The report fully discloses the company's willingness, behavior and performance to fulfill its social responsibility, promote sustainable development and pursue the maximization of comprehensive value in 2017 with new ideas and new horizons.
Promise economic performance in 2018: total investment in development is 581.9 billion yuan; Investment in fixed assets is 522.8 billion yuan; Investment in power grid is 498.9 billion yuan; The construction 110(66) kV and above lines are 61000 kilometers, and the substation (converter) capacity is 0.38 billion kVA (100 million kilowatts); Put into production 110(66) kV and above lines 52000 kilometers, substation (converter) capacity is 0.3 billion kVA (100 million kilowatts); Complete 4070 billion kilowatt-hours of electricity sales; Inter-hours of electricity; Inter-provincial transactions 952.8 billion kilowatt-hours; operating income 2.46 trillion yuan; Realized profit 95.5 billion yuan; Economic added value 12 billion yuan; Total assets 4.13 trillion yuan; Asset-liability ratio 57.7; Total labor productivity 812000 yuan/(person-year).
Performance in 2017
Coordinated development of power grids at all levels
The operating area has built a total of "eight to ten straight" UHV projects.
1000 kV UHV AC Project
Southeast Shanxi-Nanyang-Jingmen; Huainan-North Zhejiang-Shanghai; North Zhejiang-Fuzhou; Ximeng-Shandong; Mengxi-South Tianjin; Huainan-Nanjing-Shanghai; Shengli-Ximeng; Yuheng-Weifang
± 800 kV UHV DC Project
Xiangjiaba-Shanghai; Jinping-Sunan; Hami South-Zhengzhou; Xiluodu-West Zhejiang; Ningdong-Zhejiang; Jiuquan-Hunan; Jinbei-Jiangsu; Ximeng-Taizhou; Shanghai Temple-Shandong; Zarut-Qingzhou
Approved and under construction "Sanjiao has been" UHV project
1000 kV Sutong GIL utility tunnel project;
1000 kV Beijing West-Shijiazhuang UHV AC Project;
1000 kV Weifang-Linyi-Zaozhuang-Heze-Shijiazhuang UHV AC Project; ± 1100 kV Zhundong-Wannan UHV DC Project
Other key demonstration projects
According to the plan, we will promote the multi-energy complementary demonstration project of Hercynian scenery and thermal storage, the northwest 750 kV main grid project, and the Tibet-China networking project.
Construction of Xinjiang Shache-Hotan 750 kV Power Transmission and Transformation Project, Suzhou and Zhengping Converter Station Camera Project
Completion of 500 kV Hongyanhe Transmission Project and Jiangsu 500 kV Unified Power Flow Controller Project on schedule
Completed and put into operation Qinghai Yangqu Hydropower Station transmission project, Shanghai 220 kV unified power flow controller project
Complete the design of Zhangbei flexible DC project, study and formulate the planning and construction scheme of energy Internet in Asia, Europe and Africa
The 2018 Commitment
economic performance
● Total investment in development: 581.9 billion yuan
● Investment in fixed assets: 522.8 billion yuan
● Power grid investment of 498.9 billion yuan
● Start-up 110(66) kV and above lines 61000km, substation (converter) capacity 0.38 billion kVA (100 million kilowatts)
● Put into operation 110(66) kV and above lines 52000km, substation (converter) capacity 0.3 billion kVA (100 million kilowatts)
● 4070 billion kWh of electricity sold
● Inter-provincial trading power 952.8 billion kWh
● Operating income of 2.46 trillion yuan
● Realize profit of 95.5 billion yuan
● Economic value added 12 billion yuan
● Total assets of 4.13 trillion yuan
● Asset-liability ratio 57.7 per cent
● Total labor productivity 812000 yuan/(person-year)
Social Performance
● Realize the "One Netcom Office" for business such as payment, electricity and energy services"
● Achieve a 30% reduction in customer connection costs
● The average power-on time of 10 kV and 400V non-residential electricity is pressed to 80 days and 30 days respectively
● Approved to start six UHV projects including Yazhong-Nanchang, Qinghai-Henan, Mengxi-Jinzhong, Baihetan-Jiangsu
● Construction of Zhangbei flexible DC power grid project and Shanghai 35 kV superconducting cable test demonstration project
● Completion and commissioning of key projects such as the Tibet-China Internet, the back-to-back of Chongqing and Hubei, and the delivery of power plants in Yuxian County, Shanxi, etc.
● Implement a new round of rural power grid transformation and upgrading projects, and build 75 well-off electricity demonstration counties
● Market trading electricity exceeds 1.4 trillion kWh
● Complete the separation and transfer of "three supplies and one industry" in an all-round way
● Carry out "three districts and two states" to tackle the key problems of power grid in deep poverty-stricken areas, and build 11 village-level photovoltaic power stations in Maduo County, Qinghai Province
● Accelerate the construction and application of a new generation of power distribution automation systems, with a coverage rate of 60% during the year
Environmental Performance
● Strive to achieve "double reduction" in the annual power abandonment and power abandonment rate of new energy, and reduce the "double abandonment" of new energy to 5% by 2020
●Completed and put into operation the "coal to electricity" supporting project in the key areas of Beijing-Tianjin-Hebei
● Vigorously promote the replacement of electric energy, complete the replacement of electricity 130 billion kWh throughout the year
● 30000 charging piles were built throughout the year, 50000 charging piles were connected, and 500000 new platform users were added.
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