Global Energy Interconnection Development and Cooperation Organization Was Established in Beijing and Liu Zhenya Was Elected as the First President

On March 29, the first session of the first council meeting of Global Energy Interconnection Development and Cooperation Organization (referred to as GEIDCO) was held in Beijing. Liu Zhenya, Chairman of State Grid Corporation of China was elected as the president of GEIDCO. Steven Chu, a Nobel Prize winner in physics, Shu Yinbiao, General Manager of State Gird Corporation of China and Masayoshi Son, Chairperson of Renewable Energy Institute, served as vice chairmen.

1563763166771

1563763166771

Liu Zhenya said that the world energy is challenged by resource shortage, environmental pollution and climate change and the fundamental way out is to build Global Energy Interconnection. Global Energy Interco nnection refers to “smart power grid+ UHV grid+ clean energy”, which is a open and shared energy system with sustainable supply, green low-carbon and cost-effective economy and is the only way to achieve sustainable development for human beings. It has huge comprehensive benefits in economy, society and environment.

 

Liu Zhenya pointed that the key point of establishing Global Energy Interconnection is to develop clean energy of all continents in scale intensively, develop all types of distributed energy resources flexibly and economically, speed up the interc onnection of transcontinental and cross-border grids, achieve globalization of energy production, distribution and trade, establish an ”Internet of Things” combining power transmission, resource allocation, market trading, information exchange and intelligence services into one, and vigorously promote the electric power replacement in industry, transportation, commerce, residential area and other fields to replace coal, oil and gas with power to promote energy consumption electrification.

Global Energy Interconnection Development and Cooperation Organization is a non-governmental and non-profit international organization initiated by State Grid Corporation of China, joint related enterprises, organizations, institutions and others voluntari ly. Its purpose is to promote the establishment of Global Energy Interconnection to facilitate efforts to meet the global power demand with green and clean alternatives, promote the accomplishment of the United Nations proposal of “Sustainable energy for all” and its response to climate change and serve for the sustainable development of human society. 80 members for the first batch are from countries in Asia, Europe, Africa, America and Oceania, including 2 individual members, 10 social organizations, 10 research institutes and academies and 58 enterprises (including 22 world top 500 enterprises)

 

On March 30, the 2016 International Conference on Global Energy Interconnection with the theme of “Global Energy Interconnection - meet the global demand with green and clean alternatives” is held in Beijing. During the conference, State Gird Corporation of China, Korea Electric Power Corporation, Softbank Group and Rosseti signed the Memorandum of Understanding on Power Interconnection Cooperation in Northeast Asia and releas ed the development research report on power resources of arctic wind and the research report on Global Energy Interconnection. The Declaration of Global Energy Interconnection Development and Cooperation and others were also issued in this conference.