Guangxi¡äs New Energy Installed Capacity Exceeds 50 Million Kilowatts
2025-7-23
On July 11, it was learned from China Southern Power Grid Guangxi Electric Power Co., Ltd. that as of the end of June 2025, Guangxi¡äs new energy installed capacity had reached 53.29 million kilowatts, a year-on-year increase of 70.7%, accounting for 48.5% of the total installed power capacity in the region.
It is reported that since the start of the "14th Five-Year Plan" period, Guangxi has continuously deepened the transformation of its energy structure, with new energy developing rapidly at an average annual growth rate of 40.9% in installed capacity. By the end of 2024, the installed capacity of new energy had reached 42.011 million kilowatts, a year-on-year increase of 57.8%, accounting for 43.9% and becoming the largest power source in Guangxi in terms of installed capacity. Since the beginning of this year, as the main incremental power source in Guangxi, the grid-connection and commissioning of new energy have continued to accelerate. In May alone, the grid-connected scale of new energy reached 5.667 million kilowatts, a year-on-year increase of 571%, setting a new historical high for monthly grid-connected scale.
Against the backdrop of new energy installed capacity and penetration rate hitting record highs with rapid growth, China Southern Power Grid Guangxi Electric Power Co., Ltd. plans to invest over 14.5 billion yuan in power grid construction this year. It will continue construction and start new key power transmission and transformation projects of 110 kV and above, totaling 315 projects, including 15 key 500 kV projects such as the 500 kV coastal western corridor reinforcement project. These efforts aim to further enhance the power grid¡äs carrying capacity and continuously smooth the "major channel" for green power transmission.
The large-scale integration of new energy into the grid has brought about the challenge of efficient absorption. Guangxi has enhanced the forecasting accuracy of electricity load and new energy generation by upgrading artificial intelligence algorithms, integrating manual forecasting, and building a library of prediction models, which supports reliable power supply and the absorption of new energy. Meanwhile, it has established and improved an electricity market mechanism adapted to the participation of a high proportion of new energy, refined mechanisms related to green power trading, enriched application scenarios of green power, and stimulated demand for green power. From January to June this year, Guangxi conducted 38 batches of green power trading, with the traded electricity volume reaching 10.415 billion kWh, a year-on-year increase of 105.07%, and the average trading price dropping by 27.15% year-on-year.
Notably, on June 28 this year, the southern regional electricity market launched a continuous settlement trial operation. A total of 196 new energy power stations in Guangxi participated in quantity and price reporting, with an installed capacity exceeding 25 million kilowatts, making Guangxi the province (region) with the largest number of new energy power stations entering the market in the southern region. The implementation of year-round uninterrupted real-time electricity trading and settlement has promoted the high-level absorption of new energy.
It is reported that since the start of the "14th Five-Year Plan" period, Guangxi has continuously deepened the transformation of its energy structure, with new energy developing rapidly at an average annual growth rate of 40.9% in installed capacity. By the end of 2024, the installed capacity of new energy had reached 42.011 million kilowatts, a year-on-year increase of 57.8%, accounting for 43.9% and becoming the largest power source in Guangxi in terms of installed capacity. Since the beginning of this year, as the main incremental power source in Guangxi, the grid-connection and commissioning of new energy have continued to accelerate. In May alone, the grid-connected scale of new energy reached 5.667 million kilowatts, a year-on-year increase of 571%, setting a new historical high for monthly grid-connected scale.
Against the backdrop of new energy installed capacity and penetration rate hitting record highs with rapid growth, China Southern Power Grid Guangxi Electric Power Co., Ltd. plans to invest over 14.5 billion yuan in power grid construction this year. It will continue construction and start new key power transmission and transformation projects of 110 kV and above, totaling 315 projects, including 15 key 500 kV projects such as the 500 kV coastal western corridor reinforcement project. These efforts aim to further enhance the power grid¡äs carrying capacity and continuously smooth the "major channel" for green power transmission.
The large-scale integration of new energy into the grid has brought about the challenge of efficient absorption. Guangxi has enhanced the forecasting accuracy of electricity load and new energy generation by upgrading artificial intelligence algorithms, integrating manual forecasting, and building a library of prediction models, which supports reliable power supply and the absorption of new energy. Meanwhile, it has established and improved an electricity market mechanism adapted to the participation of a high proportion of new energy, refined mechanisms related to green power trading, enriched application scenarios of green power, and stimulated demand for green power. From January to June this year, Guangxi conducted 38 batches of green power trading, with the traded electricity volume reaching 10.415 billion kWh, a year-on-year increase of 105.07%, and the average trading price dropping by 27.15% year-on-year.
Notably, on June 28 this year, the southern regional electricity market launched a continuous settlement trial operation. A total of 196 new energy power stations in Guangxi participated in quantity and price reporting, with an installed capacity exceeding 25 million kilowatts, making Guangxi the province (region) with the largest number of new energy power stations entering the market in the southern region. The implementation of year-round uninterrupted real-time electricity trading and settlement has promoted the high-level absorption of new energy.