The “belt And Road” Power Cooperation Drives The Development Of The Domestic Voltage Stabilizer Industry

Power cooperation is an important part of the construction of the Belt and Road Initiative. Upgrading the content and level of power cooperation and creating an innovative power cooperation model can inject new vitality into the construction of the Belt and Road Initiative, and use power cooperation as a carrier to better promote policy communication, facility connectivity, unimpeded trade, financial integration and people-to-people exchanges.

After years of development, the power cooperation of the Belt and Road Initiative has achieved remarkable results. In terms of power grid interconnection, China has achieved power grid interconnection with Russia, Mongolia, Vietnam, Myanmar, Laos and other countries, and cross-border power trade has played an important role in optimizing regional energy resource allocation. In terms of power capacity cooperation, Chinese power companies have played their advantages in technology, capital, management and other fields, and invested in dozens of power grids and power generation projects along the Belt and Road Initiative, driving the export of electrical equipment and improving the level of power infrastructure in countries along the Belt and Road Initiative.

The rapid construction and investment of power grids have also driven the market demand for power transmission and transformation equipment. The huge amount of power construction funds has brought opportunities and challenges to the voltage stabilizer industry. As an indispensable power equipment in the power transmission process in the power grid, the voltage stabilizer industry has been rapidly developed.

In the Automatic Voltage Regulator industry, my country's market is growing rapidly. At present, China has become the second largest market in the world. From the current market situation, driven by the construction of smart grids, ultra-high voltage construction and grid transformation, and the development of the power industry, my country's voltage stabilizer market has been fully activated, and the future prospects are still optimistic. In general, the "Belt and Road" power cooperation will fully drive the development of the voltage stabilizer industry.