Building new-type power system, accelerating low-carbon electricity production and promoting renewable energy transformation are the only way to achieve the goal of carbon peaking and carbon neutrality. This article first predicts China's energy and electricity scenarios for 2030 and 2060 under the the goal of carbon peaking and carbon neutrality, clarifying that the foundation of the new-type power system is still the exchange synchronization mechanism. The challenges faced by the development of new-type power systems were studied and analyzed from four aspects: adequacy, safety, economy, and institutional mechanisms. The evolution path of the new-type power system was analyzed from five aspects: load, power supply, power grid, energy storage, and the entire power system. Finally, development suggestions and prospects were proposed for the construction of the new-type power system.