China is significantly increasing its investment in grid expansion by 19% last year to address the issue of wasted wind and solar energy. Investments in grid infrastructure surpassed investments in generation capacity, highlighting the government's priority on efficiently transmitting renewable energy to consumers. This expansion aims to minimize 'curtailment,' where excess energy production is wasted due to insufficient transmission capacity. China is tackling this challenge by constructing ultra-high voltage transmission lines, enabling the transportation of renewable energy over long distances to areas with high demand.
China ramped up investment in grid expansion by 19% last year as it seeks to reduce waste in wind and solar and get more of their output to end consumers. According to a Bloomberg report citing National Energy Administration figures, investments in grid expansion exceeded investments in generation capacity over the first 11 months of 2024 by 7 percentage points.
Unless the energy produced during peak periods can be transmitted to end consumers it gets wasted. This could end up costing billions, as recently proved by developments in the UK where consumers will this year have to shoulder a burden of over $2 billion to “balance the grid”, meaning grid operators pay wind turbine operators to actually turn their turbines off to avoid overwhelming the grid.
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