Credit: Shutterstock From October 20 to 23, the 24th Conference on the Electric Power Supply Industry (CEPSI 2023) was held in the eastern Chinese coastal city of Xiamen. The event was co-sponsored by the Association of the Electricity Supply Industry of East Asia and the Western Pacific (AESIEAP) and the China Electricity Council. Huawei was deeply involved in this year’s CEPSI, delivering a keynote speech titled Thrive with Digital, Driving the Green and Low-Carbon Development of New Power Systems , as well as showcasing a variety of innovative scenario-based solutions. Huawei is going all out to unleash digital productivity and drive intelligent electric power. Digital Technologies are Enabling the New Power System Comprehensively The new power system is faced with five main challenges: the green structure on the power generation side, the electrification and interaction on the load side, flexible power grid regulation, management and interaction across the power source-grid-load-storage system, and the need to build an effective market mechanism and a complex electricity-carbon trading system. Building a new power system involves green and low-carbon transformation, digital transformation, and business continuity management (BCM). Green and low-carbon transformation is the main mountain the power industry must climb to progress, which […]