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China Power Giant Wants to Get Ahead on Xi’s Emissions Goals

  • State Grid plans to reduce reliance on coal-fired electricity
  • Utility sees hope for early peak to energy carbon emissions
The Golmud Solar Park In Qinghai, One Of China's Six Clean Energy Pilots
Photographer: Qilai Shen/Bloomberg
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China’s utility giant is planning to upgrade its massive electricity grid over the next few years to allow it to move away from coal generation and reach peak carbon emissions as soon as possible.

State Grid Corp. of China will build new ultra-high voltage transmission lines, speed up construction of pumped hydro storage plants, and accelerate the development of an electric vehicle charging network, the company said in a statement on its website.