Core Viewpoint - Yancheng has become the first city in the Yangtze River Delta to exceed 20 million kilowatts of installed renewable energy capacity, marking a significant milestone in the development of a new power system and contributing to national carbon peak goals [1][2] Group 1: Conference Overview - The Yancheng New Power System Construction Promotion Conference was held on October 16, organized by the Yancheng Development and Reform Commission and the State Grid Yancheng Power Supply Company, with around 60 representatives from government departments and enterprises [1] - The conference included a site visit to the new power system research and training base, showcasing achievements in the collaborative development of source, grid, load, and storage systems [1] Group 2: Progress and Future Goals - The Yancheng Development and Reform Commission reported on the overall progress of the new power system, setting a target of exceeding 41.5 million kilowatts of total installed power capacity and over 30 million kilowatts of renewable energy capacity by 2027 [2] - The six major actions outlined include enhancing green energy capacity, ensuring multi-energy collaboration, upgrading the smart grid, optimizing new energy storage efficiency, promoting local consumption of green electricity, and flexible regulation by new entities [2] Group 3: Company Initiatives - Yancheng Power Supply Company highlighted its advancements in smart grid upgrades and new energy storage optimization, including the acceleration of 2.65 million kilowatts of offshore wind power and 870,000 kilowatts of centralized photovoltaic projects [2] - The company is also exploring new technologies such as V2G and S2G models, and expanding applications in bus battery swapping and thermal-electric coupling to support renewable energy consumption [2]