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On August 12, 2026, the National Energy Administration released the Energy Carbon Peak Implementation Plan, explicitly requiring the acceleration of building a new power system and promoting the high-quality leapfrog development of renewable energy such as wind and solar power.

On July 28, 2026, Sinopec and LONGi Green Energy signed a strategic cooperation agreement to jointly promote a photovoltaic hydrogen production demonstration project, supporting the green and low-carbon transformation of the energy industry.

Through multi-year green electricity purchase agreements, companies can lock in long-term stable power supply, effectively hedge against market price fluctuations, and provide certainty of returns for renewable energy projects, accelerating the green and low-carbon transition.

On June 15, 2026, State Grid and Huawei jointly released a smart energy solution, leveraging AI and big data technology to improve grid dispatch efficiency and drive the digital transformation of the energy industry.

The key for traditional power generation companies to participate in virtual power plants lies in deeply integrating the flexible regulation capabilities of physical power plants with the aggregation and dispatch mechanisms of virtual power plants, providing more reliable balancing services for the power system.

'The release of the top-level design document for vehicle-grid interaction marks a new stage in the development of China's energy internet,' said Li Lili, an expert at the Energy Internet Research Institute of Tsinghua University, adding that the policy lays the foundation for the coordinated development of electric vehicles and the power grid.

The report of the 20th National Congress of the Communist Party of China emphasizes accelerating the building of world-class enterprises. The state is actively promoting the implementation of relevant guiding opinions, aiming to enhance the competitiveness and innovation of Chinese companies in the global energy field.

On May 20, 2026, State Grid organized a feasibility study review for the Gansu-Zhejiang UHV DC project. As a key transmission project during the '14th Five-Year Plan' period, its completion will significantly enhance the cross-regional transmission capacity of clean energy.

The digital economy is reshaping the global energy landscape. Technologies such as big data, cloud computing, and AI are deeply integrating with the energy industry, driving intelligent upgrades in energy production, transmission, and consumption.

The report of the 20th National Congress of the Communist Party of China points the way for the transformation and upgrading of the energy industry, proposing to accelerate the planning and construction of a new energy system, promote green and low-carbon development, and build a harmonious coexistence between humans and nature.