Core Insights - The article emphasizes the urgent need for technological innovation in China's power sector to address challenges in building a new power system [1][5] - China has become the largest and fastest-growing country in terms of renewable energy grid integration, highlighting the importance of technological support for stable power supply [1][4] Group 1: Technological Innovation in Power Sector - The second Power Industry Technology Innovation Conference was held in Guangzhou, focusing on the integration of new technologies such as smart grids, new energy storage, and virtual power plants [2] - Huang Xue Nong from the National Energy Administration stated that digital technologies like artificial intelligence are rapidly developing and integrating with various power sectors [2][6] - The China Electricity Council reported that R&D expenditure intensity for major power enterprises was 2.8% in 2023, with total innovation investment reaching 181.68 billion yuan, a 10.49% increase from 2022 [4] Group 2: Challenges and Recommendations - The construction of a new power system faces significant challenges, including the increasing complexity of power supply and demand regulation due to a higher proportion of renewable energy [5] - Key technologies and materials still face bottlenecks, with reliance on foreign components for certain renewable energy technologies [5][6] - Recommendations include promoting independent innovation, collaborative innovation, institutional innovation, and creating an open environment for technological innovation [5][6] Group 3: Achievements and Future Goals - By March 2025, China's total installed power capacity is expected to reach 3.43 billion kilowatts, with clean energy accounting for over 59% of the total [4] - The conference highlighted significant technological achievements, including advancements in superconducting cables and carbon capture technologies [6]