What does State Grid do? What does the State Grid do

State Grid****Founded on December 29, 2002, it is based on theCorporate LawThe establishment of ** direct managementWholly state-owned companyIt is a large state-owned key backbone enterprise related to the lifeline of the national economy and national energy security. The company takes investment, construction and operation of power grids as its core business, and undertakes the basic mission of ensuring safe, economical, clean and sustainable electricity.

The company's business area covers 26 provinces (autonomous regions and municipalities directly under the central government), covering more than 88% of the country's land area, and the population of power supply service exceeds 1.1 billion. The registered capital of the company.

829.5 billion yuan, total assets.

100 million yuan, stable operation in the Philippines, Brazil, Portugal.

Assets in Australia, Italy, Greece, China (Hong Kong) and other countries and regions.

The Belt and Road Initiative

The Belt and Road Initiative is a major measure for China to adapt to and lead globalization and build a new pattern of all-round open development. In recent years, the State Grid Corporation.

Following the principles of extensive consultation, joint construction, sharing and equality and mutual benefit, based on the main business, giving full play to the advantages of enterprises, actively serving and participating in the construction of the "Belt and Road", it has successfully invested in and operated backbone energy networks in 7 countries and regions including Brazil, the Philippines, Portugal, Australia, Italy, China (Hong Kong) and Greece, set up 10 offices around the world, and set up research institutes in the United States and Germany.

In the process of promoting the construction of the "Belt and Road" and the international development, the State Grid Corporation adheres to the long-term strategy and implements localized operation; Adhere to standardized operation to achieve long-term peace and stability; Adhere to shared development and promote win-win cooperation.

The projects invested and constructed by the State Grid Corporation are related to the local economic and social development, and are important infrastructure in various countries and regions.

A number of projects of the State Grid Corporation of China have become "golden business cards" in the world, creating economic, social and environmental value for the local area, and establishing a responsible international corporate image.

On March 30, local time, China's State Grid **** completed Saudi Arabia.

Smart meter project, deployment and installation of 5 million smart meters. This is the State Grid to promote the construction of the "Belt and Road" and serve the construction of domestic and international dual circulation.

Another important achievement of the new development pattern of mutual promotion is to promote the promotion of China and Saudi Arabia.

Power cooperation and deepening the China-Saudi Arabia comprehensive strategic partnership are of great significance.

The State Grid is responsible for the sale of electricity, the power plant generated by the State Grid Corporation to be responsible for the power station infrastructure work, substations, and ultimately serve thousands of households, the former plant network is integrated, and later after the separation of the plant and the grid, the power grid is divided into the State Grid and the Southern Power Grid, the Southern Power Grid is responsible for Guangdong, Guangxi, Hainan, Guizhou, Yunnan 5 provinces, the rest are owned by the power grid company, the State Grid and the power plant in the business in the upstream and downstream relationship. Hope!

State Grid is a wholly state-owned company directly managed by the State Grid in accordance with the provisions of the Company Law, and is a large state-owned key backbone enterprise related to the lifeline of the national economy and national energy security. The company takes investment, construction and operation of power grids as its core business, and undertakes the basic mission of ensuring safe, economical, clean and sustainable electricity.

China's power industry has a history of 140 years. After the founding of the People's Republic of China in 1949, the management system of the electric power industry has undergone many changes, through the Ministry of Fuel Industry, the Ministry of Electric Power Industry, the Ministry of Water and Power, the Ministry of Energy, and finally the establishment of the Ministry of Electric Power Industry in 1993. In 1997, the State Power Corporation was established, and the Ministry of Electric Power Industry implemented two brands and one set of teams.

In 2002, the implementation of the power system reform, decided to establish the State Grid Corporation on the basis of some enterprises and institutions of the former State Power Corporation. In 2017, the company was restructured from a wholly state-owned enterprise to a wholly state-owned company, and its name was changed to "State Grid".

The company's business area covers 26 provinces (autonomous regions and municipalities directly under the central government), covering more than 88% of the country's land area, and the population of power supply service exceeds 1.1 billion. With a registered capital of 829.5 billion yuan and total assets of one trillion yuan, the company has steadily operated assets in the Philippines, Brazil, Portugal, Australia, Italy, Greece, Hong Kong, China and other countries and regions. The company has been rated as an A-level enterprise in the first enterprise performance assessment for 14 consecutive years, ranking in the forefront of the Fortune Global 500, and is the world's largest public utility enterprise.

Founded on December 29, 2002, the State Grid is a wholly state-owned company under the direct management of the Company Law, with a registered capital of 829.5 billion yuan, with the core business of investment, construction and operation of power grids, and is a large state-owned key backbone enterprise related to national energy security and the lifeline of the national economy.

The responsibilities of the State Grid are: 1. Operate all state-owned assets invested by the State Grid Corporation and related enterprises in accordance with the law and owned by the State Grid Corporation.

2. Engaged in power purchase and sales business, responsible for power trading and dispatching between regional power grids under its jurisdiction.

3. Participate in investment, construction and operation of cross-regional power transmission and transformation and interconnection projects.

4. According to the relevant regulations of the state and approved by the relevant departments, engage in domestic and foreign investment and financing business.

5. With the approval of the state, independently carry out foreign trade circulation operation, international cooperation, foreign project contracting and foreign labor service cooperation.

6. Engaged in scientific research, technology development, power production and dispatching information communication, consulting services and other businesses related to electric power.

7. Operate other businesses approved or permitted by the state.

The analysis of the differences between the Electric Power Bureau and the State Grid is as follows:

1. The definitions of the Electric Power Bureau and the State Grid are different.

1. Definition of the Electricity Bureau:

The Electric Power Bureau, Youche Electric Power Bureau, is a comprehensive electric power enterprise established by China's provinces, autonomous regions and municipalities directly under the Central Government, and is responsible for the transformation and power supply of specific areas. The main departments of the electric power bureau include power transmission area, substation area, maintenance and test plant, dispatching station, information center, economy, electricity management office, finance, subordinate tertiary production companies and so on.

2. Definition of State Grid:

The State Grid Corporation of China, the State Grid Corporation, was established on December 29, 2002, and is a pilot unit of the state-authorized investment institution and the state-holding company.

Second, the level and function of the power bureau and the State Grid are different.

1. The level and function of the Electric Power Bureau:

The Electric Power Bureau is a comprehensive power enterprise established by China's provinces, autonomous regions and municipalities directly under the Central Government, which is responsible for the transformation and supply of electricity in specific areas, and has certain industry management functions in specific areas.

2. The level and function of the State Grid:

As an important state-owned backbone enterprise related to national energy security and the lifeline of the national economy, the State Grid takes the construction and operation of the power grid as its core business, and undertakes the basic mission of ensuring safer, more economical, cleaner and sustainable electricity, with a business area covering 26 provinces (autonomous regions and municipalities directly under the central government), covering 88% of the country's land area, with a power supply population of more than 1.1 billion people and a total of more than 1.86 million employees.

The predecessor of the State Grid is the Power Supply Bureau, after the power reform in 2002, the Ministry of Electric Power Industry was changed to the State Grid Corporation, authorized by the State Grid Corporation, as the representative of the original State Power Company to manage the power grid and digital production investors. The State Grid Corporation of China shall be set up in the form of wholly state-owned enterprises and shall be separately listed in the national plan.

After the power reform, the separation of power plants and grids was implemented. The assets managed by the State Electricity Administration will be divided into two types of business: power generation and power grid, and assets, finances and personnel will be reorganized separately. Electric power enterprises under the management of local governments and other departments should also implement the separation of power plants and networks.

In power supply areas where small hydropower is mainly self-generated and self-supplied, it is necessary to strengthen the construction of power grids and implement the separation of power plants and grids in a timely manner.

Responsibilities of the power grid company.

The main responsibilities of the State Grid Corporation of China are: responsible for the power trading and dispatching between the regional power grids, and dealing with the problems that need to be coordinated between the networks in the daily production of the regional power grid companies; Participated in the investment, construction and operation of related cross-regional power transmission and transformation and interconnection projects, and was recently responsible for the construction and management of the Three Gorges Power Transmission and Transformation Network Project; Entrusted by the relevant state departments, assist in the formulation of the national power grid development plan.

The main responsibilities of the regional power grid company are: to operate and manage the power grid, ensure the safety of power supply, plan the development of the regional power grid, cultivate the regional power market, manage the power dispatching and trading center, and carry out power dispatching according to market rules.

The above content refers to the National Energy Administration - Electric Power System Reform Plan.