Electricity core to green transition

Electrification is at the core of the transition toward a greener future, along with an increasing proportion of energy being produced from renewable resources, industry insiders believe.

"Good future living standards will hinge on society achieving high electricity utilization," Shu Yinbiao, then-chairman of State Grid Corp of China, said in October.

Shu, who is now chairman of China Huaneng Group Co Ltd, another State-owned energy giant, made the comments at a sideline forum of the 2018 International Forum on Energy Transitions in Suzhou, East China's Jiangsu province.