Overview of Development in 2025
Power Supply Structure and Green Transformation
1) The total installed capacity of new energy sources (wind power and solar energy) exceeded that of thermal power for the first time, marking a transformation from "supplementary energy" to "the main installed energy source".
2) The increase in wind power and solar power generation accounted for 58.1% of the total increase in power generation, becoming the main driver of power generation growth.
Power Grid Construction and Investment
1) Investment in power sources and power grids has continued to grow, with investment in non-fossil energy power generation accounting for as high as 84.6% of the total power source investment.
2) The construction of backbone power grids such as ultra-high voltage and distribution networks has been advanced simultaneously, and cross-regional power transmission has steadily increased.
Market-oriented Reform
1) The spot market for electricity has achieved full coverage in provincial regions and entered a stage of comprehensive promotion.
2) New energy sources have entered a new stage of full market entry, marking a shift in the driving force for development from policy to the market.
Technological Innovation and Future Layout
1) The power industry has mastered leading technologies such as ultra-high voltage, advanced nuclear power, and large-capacity hydropower.
2) The integration of artificial intelligence and the energy industry has begun to take shape.
Outlook for 2026
1. The organization will launch a pilot program and standardization improvement initiative for the integration of "Artificial Intelligence +" and energy.
2. It will make forward-looking plans for future energy industries such as hydrogen energy and nuclear energy.
3. The core technologies and equipment of the new power system, such as grid-forming technology and long-duration energy storage, are the key areas of focus for research and development.
Industry Focus and In-depth Analysis
1. Full Market Entry and Revenue Challenges: In 2026, the power system reform enters its "second half", with the core being the full participation of new energy in the power market and the full-scale rollout of the spot market. This means that the revenue of new energy projects will be more directly determined by market supply and demand and the accuracy of their own predictions. In the initial stage, they may face downward pressure on electricity prices. The business model of the industry is accelerating its shift from "resource is king" to "load is king" and "operation is king", and the requirements for enterprises' market trading and risk management capabilities have sharply increased.
2. System Challenges under the "Five Highs": The power system is accelerating into a transformation characterized by "high proportion of new energy,high proportion of power electronic equipment,high proportion of new market players,high probability of extreme climate, and high level of scientific innovation". This brings unprecedented challenges to the safe and stable operation, flexible regulation capacity, and planning coordination of the power system. The integrated development of source-grid-load-storage is an inevitable solution.
3. New Quality Productivity and "Electricity First": Industry leaders have proposed that building a strong energy nation requires "electricity first". This is not only reflected in the moderately advanced investment in power sources and power grids, but also in the empowerment through artificial intelligence and digital technologies to cultivate new business forms and models such as virtual power plants, computing and electricity collaboration, and carbon and electricity coordination. The leading role and value extension of electricity in the energy system are constantly expanding.
Potential directions for future development
Based on current trends, the future development of the power industry may deepen in the following directions:
1. The blueprint for the 15th Five-Year Plan: 2026 marks the beginning of the 15th Five-Year Plan. The top priority is to draft and implement a high-quality energy plan for this period. The plan will systematically outline how to build a new power system and support the construction of an energy power in the next five years, guiding the layout of specific projects.
2. Breakthroughs in core technology innovation: The industry will focus more on overcoming core technologies that support high-proportion new energy systems, such as long-duration energy storage technology, grid-forming technology, flexible DC transmission, and green hydrogen production from electricity. These technologies are crucial for the reliable substitution and safe consumption of new energy.
3. Internationalization and standard leadership: As China's power technology and equipment go global, promoting the international mutual recognition of China's green certificates and establishing an internationally recognized green power consumption and certification mechanism will be an important way to enhance China's voice in global energy governance.
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Shaanxi West Power Tongzhong Electrical Co., Ltd.
Shaanxi West Power Tongzhong Electrical Co., Ltd. is a leading manufacturer with over 20 years of experience, specializing in high quality 7 to 40.5kV vacuum circuit breakers, switchgears, and a wide range of electrical products.
10
years
We have been working in vacuum circuir breakers since 2014.
20
yEARS
our VTZ series vacuum circuit breakers, which are maintenance-free for up to 20 years.
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awards
We have won a lot of awards and patents for strong creativity .
Shaanxi West Power Tongzhong Electrical Co., Ltd.
Contact: Ms.Grace Liu (Director of Sales Department)
Email:xdtz04@westpowerelectric.com
Mobile: +86 18091765882(WhatsApp/Wechat/facebook)
Website:https://www.xdtzelectrical.com
Add: Nanpo Village, Chencang Avenue Jintai District Baoji City, Shaanxi Province, China.
