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③ Driving new consumption under new scenarios, supported by digital information technology, can not only expand domestic demand and reduce China's dependence on the external environment under the current situation, but also use online digital consumption to form compensatory satisfaction for offline physical consumption, transforming our economy from a high energy consumption and high pollution past to a green, low-carbon, and healthy future as soon as possible.

New Infrastructure Brings New Opportunities

1. Helping to improve comprehensive energy utilization efficiency: 5G ultra-low latency and high reliability information transmission performance, as well as industrial Internet, Internet of Things and other technologies, can accelerate the integration of various energy resources such as oil, coal, natural gas, and electricity in the region, achieving optimized operation, collaborative management, interactive response, and complementary assistance among different energy subsystems, effectively improving energy utilization efficiency while meeting diversified energy demand, To further promote sustainable energy development.

2. Helping to accelerate the digital transformation process of energy companies: With the help of "new infrastructure", energy companies can absorb the technological power bestowed by the digital era, fully unleash the connection, integration, and shared value of the industrial internet, promote industry transformation while promoting company transformation, and comply with the pace of development in the new era.

3. Provide more "blue oceans" for future energy business. Just as 4G has driven the development of the consumer internet and brought about changes in various aspects such as retail, catering, and transportation, the 5G era combines energy infrastructure with digital infrastructure, which will inevitably lead to more new businesses in the energy industry.

As a leading industry in "new infrastructure", 5G construction is entering its peak period, and the arrival of the 5G era has accelerated the substitution of lithium batteries for lead acid. Due to the significant increase in energy consumption of 5G base stations, it is time for lithium batteries to have higher energy density energy storage systems. The current cycle life of lithium-ion batteries is 5 times that of lead-acid batteries, and the float charging life is 2 times that of lead-acid batteries. The life cycle cost is lower than that of lead-acid batteries, and the price of lithium-ion batteries will decrease by another 30% in the next three years. It is expected that the absolute cost of lithium-ion batteries will be basically the same as that of lead-acid batteries in 2022.

The investment subjects of new infrastructure are diversified, which is a blue ocean for both social capital and state-owned capital. The power grid company should first focus on its main business, integrate the new generation of information and communication technology, digital technology, and power systems, and explore a future energy system centered on electricity around the energy internet and comprehensive energy. This process requires power grid companies to actively transform and participate, and most importantly, to leverage the ecological functions of new power grid platforms, create rich service types, models, and formats, and provide more investment opportunities for social capital.

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