Global energy network is an important platform to guarantee effective exploitation of global clean energy and ensure reliable energy supply for everybody. Global Energy Interconnection analyzes the current situation and challenges of global energy development, provides the strategic thinking, overall objective, basic pattern, construction method and development mode for the development of global energy network. Based on the prediction of global energy and electricity supply and demand in the future, with the development of UHV AC/DC and smart grid technologies, this book offers new solutions to drive the safe, clean, highly efficient and sustainable development of global energy. The concept and development ideas concerning global energy interconnection in this book are based on the author's thinking of strategic issues about China's and the world's energy and electricity development for many years, especially combined with successful practices of China's UHV development. This book is particularly suitable for researchers and graduated students engaged in energy sector, as well as energy economics researchers, economists, consultants, and government energy policy makers in relevant fields.

The UHV transmission has many advantages for new power networks due to its capacity, long distance potential, high efficiency, and low loss. Development of UHV transmission technology is led by infrastructure development and renewal, as well as smart grid developments, which can use UHV power networks as the transmission backbone for hydropower, coal, nuclear power and large renewable energy bases. Over the years, State Grid Corporation of China has developed a leading position in UHV core technology R&D, equipment development, plus construction experience, standards development and operational management. SGCC built the most advanced technology 'two AC and two DC' UHV projects with the highest voltage-class and largest transmission capacity in the world, with a cumulative power transmission of 10TWh. This book comprehensively summarizes the research achievement, theoretical innovation and engineering practice in UHV power grid construction in China since 2005. It covers the key technology and parameters used in the design of the UHV transmission network, shows readers the technical problems State Grid encountered during the construction, and the solution they come up with. It also introduces key technology like UHV series compensation, DC converter valve, and the systematic standards and norms.

Mainstream research has rationalized China's stock market on the basis of paradigms such as the institutional approach, the efficient market hypothesis, and corporate valuation principles. The deviations from such paradigms have been analyzed as puzzles of China's stock market. Girardin and Liu explore to what extent, in the perspective of Chinese cultural and historical characteristics, far from being puzzles, these 'deviations' are rather the symptoms of a consistent strategy for the design, development and regulation of a government-dominated financial system. This book will help investors, observers and researchers understand the hidden logic of the design and functioning of China's modern stock market, taking a political economy view.