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China wants to build a $50tn global wind and solar power grid

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The new vision of a world power grid, the Global Energy Interconnection, was outlined in a speech by the Chairman of the State Grid Corporation of China. Built on a backbone of a global ultra high voltage grid, the project not only envisionsglobal power connectivity, but global power generation. The grid will connect proposed wind farms in the North Pole, and solar farms built at the equator that transcend national boundaries.

It’s exactly what’s needed if such renewable energy sources as wind and energy, which could potentially shoulder the vast majority of the world’s energy generation, will ever become a viable alternative.

The proposed $50 trillion, when funneled to the development of newly emerging strategic industries, renewable energy, new materials and electric vehicles, will create the needed tech to address power needs in the foreseeable future.

If renewable energy generation grows at an annual rate of 12.4% throughout the world, then by 2050 renewable energy should increase to 80% of total consumption, realizing the dream of abundant clean energy and completely superseding fossil fuels.

From now to 2020, we need to promote clean energy development, domestic grid interconnection and smart grid construction in various countries.

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Article originally posted at wef.ch

Post Author: Carla Parsons

5 thoughts on “China wants to build a $50tn global wind and solar power grid

    Darric Todd

    (October 29, 2017 - 5:08 am)

    And that’s Exactly what your Species should be doin. Not building and using the Brains “We” Geneticly Engineered into you to create technology to Distroy each other.

    Sebastian Aguiar Brunemeier

    (October 29, 2017 - 5:08 am)

    $50T sounds a lot more expensive than it would be to build

    David Taylor-Fuller

    (October 29, 2017 - 5:08 am)

    love the idea and applaud the vision but this is not going to happen. Energy is too fundamental a resource. Unless the chinese plan to build a system that allows the host nation complete control of their portion with no way for the builder/funder to reposess it. I am sure struggling developing countries would not have any issues with signing on. But while this is technologically feasible. The problem is political. If China buids/funds the development of this world wide power grid. Can a nation that is highly dependent on that grid go to war with china and never have to worry about loosing access to the power distributed by the grid they built. This example is an extreme situation. But if the answer in that extreme situation isnt yes with zero exceptions or reservations. This will fail to be “worldwide”.

    Dont get me wrong I would love to see this come to fruition. But it can only do so if the Delivery of energy to states is COMPLETELY cut off and firewalled from each nations political infrastructure. Anything less will fail to get the type of penetration needed for it to be considered worldwide. Hell anything less and the disinformation campaign that WILL be waged against it wil successfully supress.

    So the real question is, Will China be the country to create a Worldwide energy infrastructure that is open sourced to all of humanity and explicitly get outside the sphere of all political and military decisions? Personally I have my doubts but I would very very much love to be wrong about that.

    Marshall Davidoff

    (October 29, 2017 - 5:08 am)

    Sounds like China would get a lot of influence over user countries.

    Emily Kvamsdal

    (October 29, 2017 - 5:08 am)

    Eirik Rath Olsen

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