Core Points - The "Ning Electric into Hunan" project has officially commenced operations, marking China's first high-voltage transmission corridor primarily for renewable energy from the "Shagehuang" wind and solar base [1] - The project spans 1616 kilometers across six provinces, with a total installed capacity of 17.64 million kilowatts, of which 13 million kilowatts are renewable energy [1] - The project is expected to replace approximately 6 million tons of standard coal annually in Hunan, reducing carbon dioxide emissions by about 18 million tons, equivalent to the annual absorption of 1 billion trees [1] Group 1 - The project began construction in June 2023 and has a renewable energy share exceeding 70%, setting a new record for similar projects [1] - During the summer of 2023, the project maintained a high power output of over 3 million kilowatts, contributing nearly 10% of Hunan's peak load [2] - The maximum transmission capacity of the project is expected to reach 8 million kilowatts, delivering between 36 billion to 40 billion kilowatt-hours of electricity annually to Hunan [2] Group 2 - Hunan's total electricity consumption is projected to be 237.4 billion kilowatt-hours in 2024, with a year-on-year growth of 4.3% [2] - The province's reliance on external electricity is significant, with 22.7% of its total consumption coming from external sources in 2024, which is expected to rise to nearly 30% post-project completion [2] - Experts suggest that Hunan will need to construct 3-4 additional external electricity channels to reduce its energy dependency, aiming for over 40% external electricity supply in the future [2][3]