Renewable energy information green certificate covers all new policies

It is of great significance for promoting coordinated regional development

Green certificate is an electronic certificate issued by the state with a unique identification code for renewable energy power, which fully reflects the positive externality of renewable energy, represents the environmental attributes of renewable energy power, and is also an international practice. China implemented the green certificate system in 2017, and initially promoted the formation of a good consensus on green electricity consumption in the whole society.

Driven by policy mechanisms such as electricity price subsidies, market allocation of resources, and consumption guarantee mechanisms, China's renewable energy has developed rapidly in recent years and has entered a new stage of high-quality development. The rapid development of renewable energy has promoted the innovation of China's green certificate system, and the "Notice" will expand the coverage of green certificate from the original onshore wind power and photovoltaic power generation to all renewable energy power generation projects, giving full consideration to the connection with important policy mechanisms such as accounting for renewable energy consumption and carbon markets, which is an institutional innovation that promotes the use of institutional synergy with systematic thinking.

There are great regional differences in China, and the imbalance between provincial and regional development is prominent. Perfecting the green certificate system is of great significance to promoting mutual aid among provinces and coordinating regional development. In 2022, for example, Heilongjiang, Jilin, Xinjiang, Hebei and other regions have sufficient scenery resources, and the green certificates issued by the four provinces (autonomous regions) account for about 42% of the country, but the total GDP of the four provinces is less than 70% of that of Guangdong alone. Guangdong Province realizes its own green electricity consumption through the purchase of green certificates, and the purchased funds are mainly used for wind and light power generation projects in Jilin, Heilongjiang, Hebei, Liaoning and other provinces to promote the development of economically underdeveloped areas and realize the cross-provincial and cross-regional flow of green economy. This notice issues green certificates for all renewable energy projects, and at the same time regulates the green certificate separate transaction and green electricity transaction (that is, green certificate and physical power bundle transaction), expands the green certificate application scenarios, encourages the social energy use units to take the initiative to assume the social responsibility of renewable energy electricity consumption, will further expand the national green certificate trading market, and enhance the level of green electricity consumption in the whole society. The national unified green certificate system is used to realize the large-scale circulation of green value and promote the optimal allocation of resources nationwide.

Do a good job of full coverage of green cards is

Give full play to policy synergy

Promote the innovation of statistical accounting system

China's green certificate system has designed a tracking mechanism for the full life cycle of green electricity certificates, which takes the unique number of the certificate as a clue to record the full life cycle information of green certificates from production, transaction and cancellation, which can ensure that the number of green certificates is not repeated statistics and the same certificate is not repeated transactions, and has the basis for accurate measurement of renewable energy electricity. In 2022, the National Development and Reform Commission, the National Bureau of Statistics, and the National Energy Administration jointly issued the Notice on Further Doing a good job of Excluding New renewable energy consumption from Total energy consumption Control, which clearly stated that "green certificate is the certificate of renewable energy electricity consumption" and proposed to "improve the statistical accounting system of renewable energy consumption data". Renewable energy consumption metering will apply to all renewable energy projects.

In 2017, China's green certificate system tried to issue green certificates for onshore wind power and centralized photovoltaic projects, and the cumulative green certificate corresponding to about 117 billion KWH of electricity, accounting for about 4.3% of renewable energy generation in 2022, the coverage of green certificate data is too narrow to support the formation of a new renewable energy consumption data statistical accounting system. This "Notice" fully connects the existing policy, clearly covers the scope of green certificate issuance to all the registered wind power, solar power (5.450, 0.06, 1.11%) power generation, conventional hydropower, biomass power generation and other renewable energy projects, will achieve green certificate and renewable energy generation corresponding. Green certificate transaction data will fully reflect the development and utilization of renewable energy in China, provide a new, efficient, accurate and unified caliber for the statistical accounting of all renewable energy production and consumption data in China, and promote the innovation of statistical accounting system.