China to Invest Over 5 Trillion Yuan in Next-Generation Power Grid
The capital expenditure initiative for the 15th Five-Year Plan period focuses on six areas to support massive renewable energy integration.

The Brief
Why it matters
China context
Editor's View
What to watch
- Detailed 15th Five-Year Plan implementation guidelines and sector-specific policy roadmaps released by the National Energy Administration, State Grid, and China Southern Power Grid.
- Construction and deployment milestones for cross-provincial and cross-regional ultra-high-voltage transmission corridors.
- Progress on smart distribution grid retrofits aimed at absorbing up to 2.8 billion kilowatts of renewable energy capacity.
Key Takeaways
- 1China plans to invest over 5 trillion yuan into building a next-generation power grid system, state media reported.
- 2The investment program will be implemented across six major priority areas during the 15th Five-Year Plan period.
- 3Upgrades focus on cross-provincial transmission corridors and smart distribution networks to support an estimated 2.8 billion kilowatts of renewable energy capacity.
- 4The initiative aims to alleviate renewable absorption bottlenecks while stimulating advanced equipment manufacturing and infrastructure investment.
Sources
- 我国将投入超5万亿元建设新型电网 这网新在哪儿? — China News Service · 10/7/2026
- “十五五”期间新型电网怎么干?从六方面推进 — China News Service · 10/7/2026