Strategy of Technological Development of State Grid Based on the SWOT-PEST Matrix Model

In recent years, the global energy transition has entered a phase of accelerated advancement, and China has also stepped into a new stage of building a modern energy system. How to break through core key technologies, strategically position cutting-edge technologies, and promote the digital transformation of the power system has become a pressing issue for the State Grid Corporation of China. Based on the SWOT-PEST matrix model, this paper systematically analyzes the opportunities and threats from the external macro-environment, including political, economic, social, and technological aspects, as well as the internal micro strengths and weaknesses in the technological development of the State Grid Corporation. It proposes specific strategies for future technological development, management innovation, and market expansion, providing strategic guidance for the company's new round of energy transition in the medium and long term.

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Publication Details

Published
2024-10-18
DOI
https://doi.org/10.1109/icpea63589.2024.10784990
Citations
1
Primary Topic
Strategic Planning and Analysis
Type
article
Field-Weighted Citation Impact
0.55

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Strategy of Technological Development of State Grid Based on the SWOT-PEST Matrix Model

Wei Fan, Shida She, Xinrui Liu, Yingxuan Yang et al.
1 citations
Strategic Planning and Analysis
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article

Strategy of Technological Development of State Grid Based on the SWOT-PEST Matrix Model

Wei Fan, Shida She, Xinrui Liu, Yingxuan Yang, Mengjie Lyu
article en
1 citations

Abstract

In recent years, the global energy transition has entered a phase of accelerated advancement, and China has also stepped into a new stage of building a modern energy system. How to break through core key technologies, strategically position cutting-edge technologies, and promote the digital transformation of the power system has become a pressing issue for the State Grid Corporation of China. Based on the SWOT-PEST matrix model, this paper systematically analyzes the opportunities and threats from the external macro-environment, including political, economic, social, and technological aspects, as well as the internal micro strengths and weaknesses in the technological development of the State Grid Corporation. It proposes specific strategies for future technological development, management innovation, and market expansion, providing strategic guidance for the company's new round of energy transition in the medium and long term.

Shanghai Electric (China) (CN), Northeastern University (CN)
State Grid Liaoning Electric Power Supply Company
Industry, innovation and infrastructure
Openalex Percentile: Top 19%
Strategic Planning and Analysis
0.55
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