A reporter from Seedao.com learned from the State Grid that in 2022, 90 billion yuan will be invested to speed up the construction of urban power grids and improve the reliability of urban power supply. At present, many places are using the window period before the summer peak to speed up the construction of urban power grid infrastructure to provide a guarantee for the stable supply of electricity during the peak summer period.

90 billion yuan can build a large number of urban power grid projects

Compared with the past, State Grid has not only greatly increased the amount of power grid investment in 2022, but also disclosed multiple subdivided investment data for the first time, which will help the outside world understand the power grid investment structure.

Previously, State Grid has never announced the amount of investment in urban power grids, and this data has been blank for many years. The reporter found by inquiring about the reports of securities companies in the early years that the researchers of relevant securities companies had predicted that in the two to three years from 2009, the cumulative investment of the State Grid in the transformation of urban power grids will be about 300 billion yuan.

It should be noted that more than 10 years ago, with the rapid growth of China's economy, the growth rate of China's social electricity consumption maintained double-digit growth for many years. From 2011 to 2014, the annual grid investment and construction scale of State Grid has stabilized at about 300 billion yuan.

"Now that we have entered the power grid 2.0 era, the investment in urban power grids can reach 90 billion yuan. The data is not low, and related projects will also drive a certain proportion of social investment." An analyst in the power equipment and new energy industry told reporters.

Inferring from some project data disclosed by some provincial companies of the State Grid, in fact, 90 billion yuan can build a large number of urban power grid projects.

Taking State Grid Hebei Electric Power Co., Ltd. as an example, the planned investment in power grid construction in 2022 is 15.865 billion yuan. It is planned to start and continue construction of up to 120 infrastructure projects of 110 kV and above, with a line length of 1,821 kilometers and a substation capacity of 16.62 million kVA; put into operation 59 infrastructure projects of 110 kV and above, with a line length of 867 kilometers and transformers. The electricity capacity is 7.69 million kVA; the power grid reinforcement project is implemented, involving 1,100 projects, 423 new distribution transformers and 4,359 kilometers of new and reconstructed lines.

According to the latest information disclosed by the State Grid Beijing Electric Power Company, there are currently 61 power grid summer projects in Beijing that are under construction, with a total investment of nearly 1.5 billion yuan. They will be completed and put into operation one after another before the summer load peak period.

Who will benefit from the accelerated construction of urban power grids?

Judging from the data released by the State Grid in 2022, UHV project construction still accounts for a certain proportion. For traditional UHV key equipment suppliers such as China Xidian, Pinggao Electric, Xuji Electric, TBEA, and Guodian NARI It is obvious good news.

In the process of urban power grid construction, suppliers will be more dispersed. From the perspective of voltage level, power grid projects can be divided into ultra-high voltage, ultra-high voltage, high voltage, medium voltage, and low voltage. Related projects all require hardware-oriented primary equipment and software-oriented secondary equipment. Urban power grid projects are basically concentrated in the fields of high voltage and medium voltage.

The latest view of the Deng Yongkang team of Minsheng Securities' new power industry is that during the "14th Five-Year Plan" period, the scale of power grid investment will increase significantly, of which the intelligent and digital transformation of the distribution network is the key link. The demand for main power distribution stations and primary and secondary aggregation equipment has increased significantly. Smart meters are expected to enter a new round of meter rotation cycle, and the demand for intelligent transformation of station areas is rising. The microgrid market will also have broad space, and high-quality companies with comprehensive supply capabilities are expected to benefit. In addition, low-voltage electrical appliances are facing incremental demand, and the industry structure is expected to be further optimized. Editor / Xu Shengpeng