On October 29 (local time), Xin Baoan, Chairman of the China Electricity Council (CEC) and Chairman of the Global Energy Interconnection Development and Cooperation Organization (GEIDCO), attended and delivered a speech at the opening ceremony of the 25th Conference of the Electric Power Supply Industry of East Asia and the Western Pacific (CEPSI) in Singapore.

Xin Baoan introduced China’s achievements in green and low-carbon energy transition. He noted that China has actively acted as a promoter, contributor, and leader in global energy transition and climate governance, having built the world’s largest and fastest-growing renewable energy system and the most comprehensive new energy industrial chain.

China’s installed clean energy capacity has increased from 520 million kilowatts in 2015 to 2.2 billion kilowatts currently, accounting for 59.5% of the total installed capacity. Over the past two years, China’s annual new installed new energy capacity has reached approximately 400 million kilowatts, accounting for more than 60% of the global increment, making it a green engine driving global energy transition.

China has put 45 UHV AC and DC projects into operation, with the highest voltage level reaching ±1,100 kilovolts, and the cross-provincial and inter-regional power transmission capacity exceeding 400 million kilowatts. It has also built the world’s largest new energy cloud platform, serving the efficient operation of over 6 million new energy stations.

Over the past five years, China has actively provided high-quality clean energy products to the world. The wind power and photovoltaic equipment produced during this period have helped relevant countries reduce carbon dioxide emissions by 4.1 billion tons, making important contributions to global green and low-carbon development.

Xin Baoan stated that the Asia-Pacific region, with strong economic vitality, large energy demand, and rapid growth, is one of the most promising regions globally. However, it also faces challenges such as significant pressure on energy supply security, a high proportion of fossil energy, and unbalanced regional development.

Building a clean-dominated, electricity-centered, interconnected, intelligent, and efficient energy interconnection will inject strong momentum into promoting the safe, low-carbon, and inclusive development of energy in the Asia-Pacific. It will enhance the economy and reliability of clean energy power generation, accelerate the reliable substitution of clean energy, and promote in-depth substitution of fossil energy with green electricity and power-to-hydrogen in end-use energy sectors to raise the electrification level.

Additionally, it will strengthen power grid interconnection, drive the transformation and upgrading of power grids through digital and intelligent technologies, and accelerate the efficient allocation of clean energy.

Xin Baoan emphasized that promoting energy transition and development in the Asia-Pacific region is crucial to the common interests of all countries. He proposed that all parties strengthen cooperation in interconnection, technology and industry, rules and standards, and energy governance to jointly create a green and low-carbon future for the Asia-Pacific region.

Hosted by Singapore Power Group, the current Chairman of CEPSI, the conference is held from October 28 to November 1. Key topics include power grid innovation, low-carbon strategies, the application of artificial intelligence in the energy sector, sustainable power generation, and energy transition financing.

Yang Kun, Executive Vice Chairman of CEC, attended the CEPSI Council meeting as the authorized representative of the Chinese Council member and voted on relevant issues.

As one of the largest and most influential events in the power industry in the Asia-Pacific region, the CEPSI Conference aims to build an international exchange platform for the regional power industry, promote collaboration among members, share professional knowledge, conduct in-depth dialogues, and establish partnerships.