VDE intensifies cooperation with China's grid operator SGCC

The German technical-scientific association VDE (Verband der Elektrotechnik Elektronik und Informationstechnik; Association for Electrical, Electronic & Information Technologies) and the Chinese State Grid Corporation of China (SGCC) signed a memorandum of understanding on Monday in Beijing to deepen their existing cooperation. The aim of the agreement is »to promote common objectives in the priority areas of science, education, testing and application«. The cooperation focuses on »forward-looking technologies such as smart energy, cybersecurity or smart mobility«. The two contracting parties strive for regular exchange and cooperation between teams of experts.
Initially, joint projects in the areas of »Smart grid« and »Smart mobility« are to be launched. , According to a VDE press release, »both contracting parties are relying on their expertise in the integration and standardisation of renewable energies, grid codes, grid control and storage systems«.
SGCC is the world’s largest grid operator and, according to Fortune Global 500, is the world’s second largest company with a turnover of almost $349 billion. A few years ago, the group had shown an interest in taking over the concession for the Berlin electricity grid and this spring tried to take over 20 percent of the East German electricity grid operator 50 Hertz, but this failed due to the exercise of a pre-emptive right of the majority shareholder Elia. At the end of July, the German government prevented another attempt to take over 20 percent of 50 Hertz »for security policy reasons«. In 2015, SGCC presented plans to create a global ultra-high-voltage transmission grid for the better dissemination of electricity from renewable energies (Global Energy Interconnection Initiative).

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