China wants to build a global power grid (GEI) worth $50tr

Posted on 18 Jul 2016 by Tim Brown
A SunEdison solar project - image courtesy of SunEdison and PRNewsWire.

China has revealed an ambitious plan to build a $50+ trillion global power grid by 2050, which would be powered by renewable energy.

The new vision of a global power grid, known as the Global Energy Interconnection (GEI), was outlined in a speech by the Chairman of the State Grid Corporation of China. The concept of a global power grid was widely supported at the Global Energy Interconnection Conference held in Beijing in March, 2016. At the conference, Wu Hongbo, under-secretary-general…

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