Featured in Wired for Watts – 11-2021

What to expect from China’s green power trading

On Sept. 7, the country that consumes more power than any other nation introduced green energy trading. Two regions in China, Beijing and Guangzhou, were selected for the initial introduction of what will become the national green power trading market. Although it is still a pilot program, the market is expected to have far-reaching impacts on China’s energy transition away from coal. What do you need to know about it? Vincent Shaw in Shangahi sets out the details.

By

Vincent Shaw

02 Nov 2021

Image: Sungrow

Put simply, China’s newly launched green power trade market allows power consumers to buy “green” electricity, such as that generated by wind and solar, directly from generators through an open market. In China, the former structure of the national power market only offered transaction services for conventional energy, which is predominantly coal-fired. Renewable energy …

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