At the Belt and Road Forum for International Cooperation that was held at the Beijing National Convention Centre on May 14, Chairman of GEIDCO and CEC, Liu Zhenya attended a parallel thematic high-level meeting on the “connectivity of infrastructure” topic, he delivered a speech about “accelerating GEI as New Momentum for “Belt and Road” Initiative”. Liu Zhenya emphasized that GEI can generate substantial benefits, heat up emerging industries of smart grid, UHV, and new energy, as the new economic growth pole and fostering new economic hotspots to grow as the new engine for the “Belt and Road” Initiative.
In the speech Liu Zhenya pointed out that global clean energy resources are very abundant. Tapping merely 0.05% could meet humans’ energy demand without raising any sensitive issues on homeland security or geopolitics. GEI, featuring clean energy replacement and electricity replacement, increased electrification, and restoring fossil fuels to its basic attribute as an industrial raw material, is the fundamental solution to world energy resource constraints, environmental pollution and climate change.
Liu Zhenya stated that the preconditions to build GEI have been met.Technically, UHV AC and DC transmission technologies have become mature. ±1100kV HVDC transmission length has reached over 6,000 kilometers with transmission capability of 15GW, allocating power around the world in an efficient manner. Now, China has completed 13 UHV AC and DC power transmission projects, shaping up the initial Chinese energy transmission network that transports electricity from West to East and from North to South in China, coal-fired, hydro, wind and solar power complementing each other. Economically, clean energy generation has been becoming increasingly economical. It is expected that by 2025, wind and PV power will become more competitive than that generated with fossil fuels. Politically, the signing of the Paris Agreement and the implementation of UN 2030 Sustainable Development Agenda have created a favorable political environment for GEI development.
Liu Zhenya emphasised that GEI can generate substantial benefits. It can push forward the energy transition, ensure power energy supply, pull economic growth, it propels the process of the Energy, Information and Transportation Integration (EITI), also known as “Bits, Watts & Meters”. EITI will lead to a green, smart, and globally interconnected infrastructure network featuring sharing and co-construction, which will turn the world into a peaceful and harmonious global village with sufficient energy, smooth information flow, well-developed transportation, green lands and blue skies.
Liu Zhenya stated that with an annual growth of 12%, clean energy will account for 80% of the total energy consumption by year 2050. Carbon emission will be contained at half of the level in 1990. With that, the target of holding global temperature rise within 2°C can be reached. Second, GEI ensures power energy supply and meet the energy demand for socio-economic development. In particular, it brings affordable electricity to the 1.2 billion population who have no access to electricity around the globe.GEI is a grand cause that benefits all mankind. Global Energy Interconnection Development and Cooperation Organization would like to work together with all partners to make joint is willing to join efforts from all parties for promoting the Belt and Road Initiative and making positive contributions to the common destiny for all mankind.
The Forum for International Cooperation is by far the largest-scale and highest-level meeting on the Belt and Road Initiative initiated by China, consisted of the opening ceremony, leaders’ roundtable summit and parallel thematic high-level meetings. Participants included 29 heads of state and government leaders, about 1,500 delegates from over 130 nations and more than 70 international organizations.
A parallel thematic meeting on the “connectivity of infrastructure” was one of the six parallel thematic meetings at the Belt and Road Forum for International Cooperation, the main topic of the meeting was “booming of interconnections”. Participants included representatives of more than 200 governments officials, international organisations and businesses coming from more than 60 countries. In total 32 honoured guests delivered a speech during the meeting including president of the Swiss Confederation Doris Leuthard, the Vice-Presidentof the European Commission Katainen, the Deputy Prime Minister of Serbia Zorana Mihajlovic, the Deputy Prime Minister of the Republic Uzbekistan Azimov, as well as representatives of Pakistan, Thailand, Russia and other countries.