Core Viewpoint - The Yarlung Tsangpo River downstream hydropower project, with an investment of 1.2 trillion yuan, is expected to significantly boost the capital market and energy sector, leading to a surge in related stock prices and substantial economic growth in Tibet [1][3]. Investment Impact - The 1.2 trillion yuan investment is projected to generate a GDP increase of 2.04 trillion yuan, providing over 20 billion yuan in annual fiscal revenue for Tibet [3]. - The total installed capacity of the project is estimated to be between 60 million to 70 million kilowatts, making it the largest hydropower station globally, with an annual electricity generation of approximately 300 billion kilowatt-hours [3][5]. Energy Development Potential - The project is part of a broader initiative to develop 50 million kilowatts of solar and wind energy resources in the region, creating a comprehensive clean energy base [3][7]. - The electricity generated will primarily be transmitted to high-demand areas such as the Yangtze River Delta and the Pearl River Delta, reshaping China's energy landscape [3][8]. Clean Energy Contribution - The project will facilitate the export of 500 billion kilowatt-hours of green electricity annually, contributing significantly to China's carbon reduction goals [3][6]. - The annual electricity output is equivalent to the energy consumption of 100 million households and will account for about 3% of the national electricity generation in 2024 [3][5]. Infrastructure and Grid Development - The construction of the Yarlung Tsangpo project is accompanied by significant upgrades to the local power grid, including the establishment of high-voltage direct current (HVDC) transmission lines to facilitate electricity export [15][16]. - The project will integrate various energy sources and modern infrastructure, including 5G networks and rail extensions, to enhance energy and information connectivity [15]. Regional Energy Integration - Future plans include the establishment of a South Asia energy internet, which aims to connect China's clean energy resources with South Asian markets [10][9]. - The development of the project will require overcoming significant challenges related to inter-regional cooperation and infrastructure integration [4][17]. Challenges and Barriers - The extreme geographical conditions in Tibet pose significant challenges for the successful implementation of the electricity export plan [4]. - There are existing barriers to inter-regional electricity trade, including local protectionism and the need for cooperation between different power grid operators [18][20].