State Grid Corporation of China

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State Grid Corporation

logo
legal form Centrally managed company
founding December 2002
Seat Beijing , People's Republic of ChinaChina People's RepublicPeople's Republic of China 
management Liu Zhenya ( CEO )
Number of employees 927,830 (2015)
sales 315.20 billion USD (2016)
Branch energy
Website sgcc.com

State Grid Corporation of China ( Chinese  國家 電網 有限公司  /  国家 电网 有限公司 , short 国家 电网 or SGCC ) is an energy company in the People's Republic of China , which is responsible for most of the electrical grid operation in China. It found itself in second place in the Fortune Global 500 in 2016 .

development

SGCC was founded on December 29, 2002 as a pilot state company by the State Council and is mainly responsible for the reliability and security of the network operation as well as its continuous expansion. In the course of the "power plant network separation" carried out in 2000, the group emerged from the state-run State Power Corporation of China , which operated a large part of the national energy supply network and many power plants in China. Since the reform, network operation has been separated from actual energy generation. SGCC and CSG took over the power transmission and distribution, while the power plants are now operated by five large power generation companies.

structure

SGCC has five subsidiaries that are directly managed:

  • NECG ( Northeast China Grid )
  • NCGC ( North China Grid )
  • ECGC ( East China Grid )
  • CCG ( Central China Grid )
  • NWG ( Northwest China Grid )

Together with CSG, SGCC divides China's entire energy supply network into six large regions.

With a registered capital of RMB 200 billion yuan (approx. 20 billion euros), SGCC is active in over 26 provinces, autonomous regions and cities directly under the government, which is approx. 88% of the total area of ​​China. In 2005, the company sold 1,464.6 TWh with sales of 721.4 billion yuan and profit of 14.4 billion yuan. The company paid 60.4 billion yuan (6.04 billion euros) in taxes.

SGCC holds (as of 2005) together with the US company Citigroup and the Chinese insurance company China Life Group the majority in the Chinese banking company GDB ( Guangdong Development Bank ).

On February 2, 2012, the government in Lisbon announced that SGCC is acquiring 25% of the share capital of the Portuguese energy supply company Redes Energéticas Nacionais . The purchase price was EUR 287.15 million.

State Grid would also like to expand to Germany. The company shows interest in acquiring the concession for the Berlin power grid. The license expires at the end of 2014.

World power grid

With the support of partners, the group plans to build a global power grid (" world power grid ") by 2050 , in which from 2030 all continents are to be connected to one another via ultra-high voltage lines with China as the center:

  1. Regional networking is to be promoted by 2020,
  2. by 2030 the expansion of renewable energies ,
  3. intercontinental networking by 2050.

See also

Web links

Individual evidence

  1. a b c beta.fortune.com - Fortune Global 500 . Retrieved January 28, 2017.
  2. http://www.sgcc.com.cn/ywlm/gsgk-e/gsgk-e/gsgk-e1.shtml
  3. Citigroup, China Life and State Grid becomes large share-holders of GDB - Guangdong - News Brief - Newsgd. Retrieved June 9, 2018 .
  4. ^ Diário de Noticias. (No longer available online.) Archived from the original on June 12, 2018 ; Retrieved June 9, 2018 (Portuguese). Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.dn.pt
  5. Markus Balser Berlin: China wants to invest in the German power grid . In: sueddeutsche.de . September 24, 2013, ISSN  0174-4917 ( sueddeutsche.de [accessed June 9, 2018]).
  6. ^ Daniel Wetzel: Green electricity: China's electricity giant plans global high-voltage network . In: THE WORLD . December 11, 2015 ( welt.de [accessed June 9, 2018]).
  7. Billion deals : China is building the world power grid . In: Spiegel Online . June 7, 2018 ( spiegel.de [accessed June 9, 2018]).