JSNE(SH:603693) Jiang Nan Shi Bao·2025-07-03 11:51Core Insights - Jiangsu's power grid reached a historical peak load of 14,996 MW on July 3, 2023, supported by a record output of 6,047 MW from wind and solar energy, marking a significant milestone for the region's summer peak electricity demand management [1][2] - The peak load this year arrived five days earlier than in 2024, driven by high temperatures and increased electricity consumption from air conditioning and industrial production [1][2] Group 1: Electricity Demand and Supply - The maximum external electricity supply to Jiangsu reached 2,248 MW, accounting for 15.8% of the peak load on July 3, 2023, with the Three Gorges hydropower project operating at full capacity for the first time this year [2] - As of the end of May, Jiangsu's installed renewable energy capacity exceeded 10,885 MW, representing over 48% of the province's total installed capacity, with wind and solar contributing 45.5% of the total power output on July 3 [2] Group 2: Infrastructure and Economic Growth - The State Grid Jiangsu Electric Power Company completed 13 key projects to enhance the power grid's capacity before the summer peak, adding 369.12 kilometers of 500 kV and above transmission lines and 5.36 million kVA of transformer capacity [2] - Jiangsu's GDP grew from 11.74 trillion yuan in 2021 to 13.7 trillion yuan in 2024, a 16.96% increase, while electricity load rose from 12,042 MW in 2021 to 14,996 MW in 2023, reflecting a 24.5% increase, indicating a strong correlation between economic growth and electricity demand [2]