China starts $6.4b power transmission and storage project

China starts $6.4b power transmission and storage project
(Image: Getty)
Bloomberg
By Dan Murtaugh(Bloomberg) -- China’s largest utility has started construction on a 28 billion yuan (NZ$6.4b) project to transmit electricity across three provinces and store it in mountain reservoirs as the country integrates growing amounts of intermittent renewable energy.The project includes a 1,069-kilometer (664-mile) ultra-high-voltage power line from northern Shaanxi province to the outskirts of Hefei, a city of almost 10 million in eastern China, state-run Beijing Youth Daily reported. Near its terminus, it will be connected...

More Bloomberg

Will AI make lawyers richer or put them out of work?
Technology Opinion

Will AI make lawyers richer or put them out of work?

Lawyers could be with us for a while; it's just not clear how they'll get paid.

Bloomberg 07 Sep 2025
EU pushes ahead trade deal with South American nations
Bloomberg

EU pushes ahead trade deal with South American nations

Countries fear the deal’s impact on the European agricultural sector.

Bloomberg 06 Sep 2025
Doubts about SpaceX’s dominance? Look at this
Technology Opinion

Doubts about SpaceX’s dominance? Look at this

The success of the Starship test brings Musk’s dream of reaching Mars closer to reality.

Bloomberg 30 Aug 2025
Google is trying everything to sell AI to sceptics
Technology Opinion

Google is trying everything to sell AI to sceptics

Google’s AI features might reach a new and important audience.

Bloomberg 23 Aug 2025