China Seeks to Export Power Amid Signs It Built Too Many Plants
- State Grid studying links to India, Korea, Southeast Asia
- Regional grid could absorb excess electricity from China
China, which is the world’s biggest investor in fossil-fuel generation, started more than 70 gigawatts of new coal projects last year and had 200 gigawatts under construction at the end of April.
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China is seeking to build up export markets for its power amid signs the nation has invested too much in new generation plants.
State Grid Corp. of China, which runs the majority of the nation’s electricity distribution network, is considering how to build links to India, South Korea, Japan and Southeast Asia, a move that would require billions of dollars of investment in long-distance, high-voltage power lines.