Chapter 694 Oil Investment and Power Grid Cooperation

In fact, when shooting the video, they still had some reservations. For example, room temperature superconducting power lines were not introduced, because it was unnecessary. Even if this product is cheap, it will not be exported in the short term.

But even so, Kirin Energy Industry Group has fully demonstrated the tip of the iceberg of the smart grid to the world. The reason why it is the tip of the iceberg is that it mainly uses the normal temperature superconducting power transmission method and uses DC power transmission.

Now the world uses high-voltage AC power transmission technology, there is still a big difference between the two, but in terms of intelligent technology, the two still have the same effect.

The minimum construction target of Kirin Energy Industry Group this year is 200 billion watts installation target, which is set by Ye Zishu, but according to their production capacity, this year will exceed this value and reach 300 billion watts installation target.

In addition to actively building solar power generation devices, they also need to build chemical energy production bases. Currently, they only build two bases, one south and one north.

One is in Henan, and the other is in Jiangxi, supplying the needs of the southern power grid and the northern power grid at night respectively, and adjusting the solar energy mismatch between day and night.

The main reason is that this project will not rely heavily on the transportation system, and the chemical energy produced will not be directly sold on the market, but will be stored as electrical energy.

The excess electricity produced during the day will be converted into fuel oil and stored by the chemical energy production facilities here, and then burn the fuel oil to generate electricity at night to supplement electricity to the grid.

Although this back-and-forth conversion process will generate about 5% power loss, and the construction of such a facility will increase the investment cost, but this is the best adjustment solution at present.

Kirin Energy Industry Group has not disclosed the information about the transformation of electricity into chemical energy. The main reason is that the impact is huge, and enough time should be left to deal with it.

In fact, it is also very simple. It is to leave enough time for Tidal Investment Company to invest in petrochemical energy. It is foreseeable that when Kirin Energy Industry Group announces this news, it will have a great impact on the global oil and gas industry.

In the past two years, with the growth of my country's economy, oil imports have increased rapidly, from a former net oil exporter to a net oil importer, and this increase is very fast.

Now that Huanyu Group's auto products are selling so well in China, it can be predicted that my country's demand for petroleum energy will grow rapidly in the next few years.

The price of oil has also risen rapidly in the past two years. Before that, the price of oil was only around US$30 per barrel, but now it has risen to US$45 per barrel, and it will break through US$50 per barrel in the near future.

Calculated according to the cost line of Kirin Energy Industry Group, the price of a barrel of oil is about 30 US dollars, which can achieve capital-guaranteed operation. If it is 45 US dollars, it can earn more than 1 yuan per liter of gasoline.

Of course, this is calculated on the basis of 0.2 yuan per kilowatt-hour of electricity. If calculated according to the actual cost, the cost line of Kirin Energy Industry Group is very low, about 6 US dollars per barrel, which is cheaper than the oil dug out.

The most important thing is that the purchased crude oil has to be taken to the smelter for refining, which is also costly, and the quality of the produced fuel oil is also different.

The Kirin Energy Industry Group directly produces fuel oil, and the transportation cost is also very low. It can just build a production plant directly at the seaside wharf, and the fuel oil they produce is top-notch.

If such news is announced, global oil prices will drop a lot in an instant, so it is not the time to announce the news, and their construction projects are still kept secret.

After Tidal Investment Company has made a good layout, it will choose the right time to announce to the public. At that time, Tidal Investment Company can make a lot of money in oil futures.

Tidal Investment Company's investment during this period has allowed it to hold a large amount of cash, but all of this cash cannot be kept in the stock market and can only be used for other investments.

Most of the investment is still used to purchase national bonds, a small part of the funds is used to purchase potential fixed assets, and part of the funds is returned to the country.

But even so, as time goes by, they will have more and more funds in their hands, which cannot be fully digested by virtue of their investment ability.

After all, Tidal Investment Company was established last year and has strong earning power, but its investment power cannot keep up. Currently, they are divided into two groups.

The first way is to buy a Wall Street investment company and hand over the funds to this investment company. After all, they have been engaged in finance for so many years and have rich investment experience, which is conducive to digesting their overseas funds.

The most important thing is that the reputation of Wall Street is easy to use. It would be quite difficult for them to allocate assets globally, but it is much easier to use the reputation of Wall Street.

In the future, if you want to do bad things, you can also use Wall Street companies to do it. Anyway, they are not afraid of being bitten if they have too many lice, while domestic investment companies will do good things. This will help establish a positive image of my country's financial companies.

The second way is to recruit troops in the country and prepare to invest in domestic enterprises, which can not only solve the operating capital problems of domestic enterprises, but also bring good returns to themselves and resist the invasion of foreign capital.

Ye Zishu knows that although the current power generation method is not comparable to controllable nuclear fusion, it can be regarded as a small energy change, which will have a huge impact on the energy industry for a long time in the future.

He also paid attention to the actions of Kirin Energy Industry Group. After all, it was so big that it was difficult for him not to know. The smart secretary would broadcast some news to him every day.

Kirin Energy Industrial Group has been supplying power to the national grid since May. Their solar power plant is in the state of generating electricity while construction is in progress, and there is no need to wait until all construction is completed to supply power to the grid.

The only trouble is the need to build a set of DC-to-AC facilities. In addition, the transmission distance is very long. The current high-voltage transmission technology consumes a lot of power on the road.

But no matter what, Kirin Energy Industry Group can finally make money, and the on-grid electricity price is set at 0.3 yuan, which is completely acceptable to Kirin Energy Industry Group.

In fact, Kirin Electric Industry Group has a set of ultra-high voltage transmission technology, which was originally intended to be sold to State Grid, but due to the existence of room temperature superconducting transmission lines, State Grid is also reluctant to use ultra-high voltage transmission technology.

They even plan to be unwilling to build the national backbone network, and hand it over to Kirin Energy Industry Group Corporation directly. They only plan to upgrade the terminal power grid.

They have not yet decided whether to transform all the terminals into DC transmission or continue to use AC transmission. Both have their own advantages and disadvantages.

If it is all transformed into direct current transmission, then there is no need to spend huge sums of money to build power transformation facilities, and the investment in this area will be relatively large.

But it also means that the current huge terminal power transmission network needs to be replaced. This investment is very high, and they can't make up their minds for a while.

However, once all are replaced, the end-use electricity will be safer, the cost of line maintenance will be greatly reduced, and the service life of the line will be longer.

The main reason is that superconducting transmission lines are relatively expensive. If they are all replaced, the State Grid will spend too much money, and it will not be able to spend so much money in a short time.

Although the terminal transmission line is not as expensive as the backbone transmission line, the construction cost of one kilometer is as high as hundreds of thousands to millions of yuan.

If they want to replace it, they will need to invest trillions of yuan. Even if it is implemented in 10 years, they will need to invest hundreds of billions of yuan every year, which makes them a little daunting.

However, Ye Zishu believes that in the long run, it is most appropriate to use superconducting direct current transmission for the power transmission of the entire country, and it is generally more economical.

First, it can reduce the terminal transmission loss. Don’t think that the terminal transmission line is relatively short, so you think that the loss is relatively small. In fact, it is not the case. The total mileage of the terminal line is much higher than that of the backbone transmission line, and the total loss is very large.

Second, superconducting direct current transmission is conducive to the layout of urban lines, because direct current transmission has an absolute advantage in terms of safety, and the number of equipment used is also small, which is conducive to the overall planning of the city.

The third is long service life. The loss of AC power to power facilities is actually very serious, not only at the transmission end, but also at the power consumption end, that is, various electrical equipment. The use of DC power will greatly prolong the service life of these equipment.

If Ye Zishu invests by himself, he will definitely choose the superconducting direct current transmission scheme. Even if the funds are insufficient, it is worthwhile to borrow from the bank, because the income gain is enough to make up for the bank interest.

But this matter is not up to him to decide, and he has no involvement in how to do it. Anyway, the advantages and disadvantages are all on the surface, and how to think about it is their business.

Anyway, for Kirin Electric Industry Group, no matter whether the power grid chooses AC or DC, they have the most advanced technology and equipment, and they can always make money.

Now Kirin Electric Industry Group is actively promoting their ultra-high voltage transmission technology and equipment overseas. Whether it is ultra-high voltage AC transmission or ultra-high voltage direct current transmission, they have very mature technologies.

Equipped with smart grid technology, it can be said that it is the most advanced grid technology at present. It has reached cooperation agreements with some countries in South America, and even companies in developed countries are also negotiating with them in this regard.

Don’t think that the power grids in developed countries are very advanced. In fact, they are very backward. The main reason is that they built them early and wanted to spend huge sums of money on research, but they couldn’t make a lot of money in a short period of time because the replacement rate was relatively low.

When cooperating with foreign countries, Kirin Electric Industry Group is not the one to charge, but State Grid. They are only responsible for providing technology and equipment, and State Grid is responsible for negotiations and construction.

The main purpose of doing this is that Kirin Electric Industry Group is unwilling to maintain so many employees. They don't want to worry about specific implementation issues, and only focus on technology research and development and equipment production.

They did not even participate in the construction of the transmission line of Kirin Energy Industry Group, but only provided equipment and dispatched only a few on-site instructors.

This is true even in China, let alone abroad, so it is the best choice to cooperate with State Grid. State Grid has rich implementation experience and deep research on the power industry. The cooperation between the two complements each other.

Of course, there is also the meaning of reciprocating in return. State Grid agreed to let Kirin Energy Industry Group build its own backbone network to transmit electricity to its own enterprises. This favor should be kept in mind.

This kind of cooperation is not only a practical need, but also a return of favors. Only through exchanges can we go wider in the future, not to mention that Kirin Electric Industry Group relies on them for domestic power grid transformation, and this benefit is nothing.

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Please subscribe! In fact, when shooting the video, they still had some reservations. For example, room temperature superconducting power lines were not introduced, because it was unnecessary. Even if this product is cheap, it will not be exported in the short term.

But even so, Kirin Energy Industry Group has fully demonstrated the tip of the iceberg of the smart grid to the world. The reason why it is the tip of the iceberg is that it mainly uses the normal temperature superconducting power transmission method and uses DC power transmission.

Now the world uses high-voltage AC power transmission technology, there is still a big difference between the two, but in terms of intelligent technology, the two still have the same effect.

The minimum construction target of Kirin Energy Industry Group this year is 200 gigawatts installation target, which is set by Ye Zishu, but according to their production capacity, this year will exceed this value and reach the 300 gigawatts installation target.

In addition to actively building solar power generation devices, they also need to build chemical energy production bases. Currently, they only build two bases, one south and one north.

One is in Henan, and the other is in Jiangxi, supplying the needs of the southern power grid and the northern power grid at night respectively, and adjusting the solar energy mismatch between day and night.

The main reason is that this project will not rely heavily on the transportation system, and the chemical energy produced will not be directly sold on the market, but will be stored as electrical energy.

The excess electricity produced during the day will be converted into fuel oil and stored by the chemical energy production facilities here, and then burn the fuel oil to generate electricity at night to supplement electricity to the grid.

Although this back-and-forth conversion process will generate about 5% power loss, and the construction of such a facility will increase the investment cost, but this is the best adjustment solution at present.

Kirin Energy Industry Group has not disclosed the information about the transformation of electricity into chemical energy. The main reason is that the impact is huge, and enough time should be left to deal with it.

In fact, it is also very simple. It is to leave enough time for Tidal Investment Company to invest in petrochemical energy. It is foreseeable that when Kirin Energy Industry Group announces this news, it will have a great impact on the global oil and gas industry.

In the past two years, with the growth of my country's economy, oil imports have increased rapidly, from a former net oil exporter to a net oil importer, and this increase is very fast.

Now that Huanyu Group's auto products are selling so well in China, it can be predicted that my country's demand for petroleum energy will grow rapidly in the next few years.

The price of oil has also risen rapidly in the past two years. Before that, the price of oil was only around US$30 per barrel, but now it has risen to US$45 per barrel, and it will break through US$50 per barrel in the near future.

Calculated according to the cost line of Kirin Energy Industry Group, the price of a barrel of oil is about 30 US dollars, which can achieve capital-guaranteed operation. If it is 45 US dollars, it can earn more than 1 yuan per liter of gasoline.

Of course, this is calculated on the basis of 0.2 yuan per kilowatt-hour of electricity. If calculated according to the actual cost, the cost line of Kirin Energy Industry Group is very low, about 6 US dollars per barrel, which is cheaper than the oil dug out.

The most important thing is that the purchased crude oil has to be taken to the smelter for refining, which is also costly, and the quality of the produced fuel oil is also different.

The Kirin Energy Industry Group directly produces fuel oil, and the transportation cost is also very low. It can just build a production plant directly at the seaside wharf, and the fuel oil they produce is top-notch.

If such news is announced, global oil prices will drop a lot in an instant, so it is not the time to announce the news, and their construction projects are still kept secret.

After Tidal Investment Company has made a good layout, it will choose the right time to announce to the public. At that time, Tidal Investment Company can make a lot of money in oil futures.

Tidal Investment Company's investment during this period has allowed it to hold a large amount of cash, but all of this cash cannot be kept in the stock market and can only be used for other investments.

Most of the investment is still used to purchase national bonds, a small part of the funds is used to purchase potential fixed assets, and part of the funds is returned to the country.

But even so, as time goes by, they will have more and more funds in their hands, which cannot be fully digested by virtue of their investment ability.

After all, Tidal Investment Company was established last year and has strong earning power, but its investment power cannot keep up. Currently, they are divided into two groups.

The first way is to buy a Wall Street investment company and hand over the funds to this investment company. After all, they have been engaged in finance for so many years and have rich investment experience, which is conducive to digesting their overseas funds.

The most important thing is that the reputation of Wall Street is easy to use. It would be quite difficult for them to allocate assets globally, but it is much easier to use the reputation of Wall Street.

In the future, if you want to do bad things, you can also use Wall Street companies to do it. Anyway, they are not afraid of being bitten if they have too many lice, while domestic investment companies will do good things. This will help establish a positive image of my country's financial companies.

The second way is to recruit troops in the country and prepare to invest in domestic enterprises, which can not only solve the operating capital problems of domestic enterprises, but also bring good returns to themselves and resist the invasion of foreign capital.

Ye Zishu knows that although the current power generation method is not comparable to controllable nuclear fusion, it can be regarded as a small energy change, which will have a huge impact on the energy industry for a long time in the future.

He also paid attention to the actions of Kirin Energy Industry Group. After all, it was so big that it was difficult for him not to know. The smart secretary would broadcast some news to him every day.

Kirin Energy Industrial Group has been supplying power to the national grid since May. Their solar power plant is in the state of generating electricity while construction is in progress, and there is no need to wait until all construction is completed to supply power to the grid.

The only trouble is the need to build a set of DC-to-AC facilities. In addition, the transmission distance is very long. The current high-voltage transmission technology consumes a lot of power on the road.

But no matter what, Kirin Energy Industry Group can finally make money, and the on-grid electricity price is set at 0.3 yuan, which is completely acceptable to Kirin Energy Industry Group.

In fact, Kirin Electric Industry Group has a set of ultra-high voltage transmission technology, which was originally intended to be sold to State Grid, but due to the existence of room temperature superconducting transmission lines, State Grid is also reluctant to use ultra-high voltage transmission technology.

They even plan to be unwilling to build the national backbone network, and hand it over to Kirin Energy Industry Group Corporation directly. They only plan to upgrade the terminal power grid.

They have not yet decided whether to transform all the terminals into DC transmission or continue to use AC transmission. Both have their own advantages and disadvantages.

If it is all transformed into direct current transmission, then there is no need to spend huge sums of money to build power transformation facilities, and the investment in this area will be relatively large.

But it also means that the current huge terminal power transmission network needs to be replaced. This investment is very high, and they can't make up their minds for a while.

However, once all are replaced, the end-use electricity will be safer, the cost of line maintenance will be greatly reduced, and the service life of the line will be longer.

The main reason is that superconducting transmission lines are relatively expensive. If they are all replaced, the State Grid will spend too much money, and it will not be able to spend so much money in a short time.

Although the terminal transmission line is not as expensive as the backbone transmission line, the construction cost of one kilometer is as high as hundreds of thousands to millions of yuan.

If they want to replace it, they will need to invest trillions of yuan. Even if it is implemented in 10 years, they will need to invest hundreds of billions of yuan every year, which makes them a little daunting.

However, Ye Zishu believes that in the long run, it is most appropriate to use superconducting direct current transmission for the power transmission of the entire country, and it is generally more economical.

First, it can reduce the terminal transmission loss. Don’t think that the terminal transmission line is relatively short, so you think that the loss is relatively small. In fact, it is not the case. The total mileage of the terminal line is much higher than that of the backbone transmission line, and the total loss is very large.

Second, superconducting direct current transmission is conducive to the layout of urban lines, because direct current transmission has an absolute advantage in terms of safety, and the number of equipment used is also small, which is conducive to the overall planning of the city.

The third is long service life. The loss of AC power to power facilities is actually very serious, not only at the transmission end, but also at the power consumption end, that is, various electrical equipment. The use of DC power will greatly prolong the service life of these equipment.

If Ye Zishu invests by himself, he will definitely choose the superconducting direct current transmission scheme. Even if the funds are insufficient, it is worthwhile to borrow from the bank, because the income gain is enough to make up for the bank interest.

But this matter is not up to him to decide, and he has no involvement in how to do it. Anyway, the advantages and disadvantages are all on the surface, and how to think about it is their business.

Anyway, for Kirin Electric Industry Group, no matter whether the power grid chooses AC or DC, they have the most advanced technology and equipment, and they can always make money.

Now Kirin Electric Industry Group is actively promoting their ultra-high voltage power transmission technology and equipment overseas. Whether it is ultra-high voltage AC transmission or ultra-high voltage direct current transmission, they have very mature technologies.

Equipped with smart grid technology, it can be said that it is the most advanced grid technology at present. It has reached cooperation agreements with some countries in South America, and even companies in developed countries are also negotiating with them in this regard.

Don’t think that the power grids in developed countries are very advanced. In fact, they are very backward. The main reason is that they built them early and wanted to spend huge sums of money on research, but they couldn’t make a lot of money in a short period of time because the replacement rate was relatively low.

When cooperating with foreign countries, Kirin Electric Industry Group is not the one to charge, but State Grid. They are only responsible for providing technology and equipment, and State Grid is responsible for negotiations and construction.

The main purpose of doing this is that Kirin Electric Industry Group is unwilling to maintain so many employees. They don't want to worry about specific implementation issues, and only focus on technology research and development and equipment production.

They did not even participate in the construction of the transmission line of Kirin Energy Industry Group, but only provided equipment and dispatched only a few on-site instructors.

This is true even in China, let alone abroad, so it is the best choice to cooperate with State Grid. State Grid has rich implementation experience and deep research on the power industry. The cooperation between the two complements each other.

Of course, there is also the meaning of reciprocating in return. State Grid agreed to let Kirin Energy Industry Group build its own backbone network to transmit electricity to its own enterprises. This favor should be kept in mind.

This kind of cooperation is not only a practical need, but also a return of favors. Only through exchanges can we go wider in the future, not to mention that Kirin Electric Industry Group relies on them for domestic power grid transformation, and this benefit is nothing.

－－－－－Off Topic－－－－－

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