Renewable energy information green certificate covers all new policies

We will standardize and improve the trading system for issuing and approving green certificates

In order to do a good job of green card application

Provide security

In order to better carry out green certificate issuance and trading, the "Notice" clarifies relevant requirements around regulating green certificate issuance and improving green certificate transactions, and strongly supports the multi-scenario application of green certificates.

Specific in terms of issuance, first, standardize the process, each power generation enterprise or project industry needs to complete the project information filling and confirmation work through the national renewable energy project information management platform file and card system in a timely manner, as the basic work to carry out green certificate issuance, will further realize the unified management of national renewable energy information, and build a map of the whole renewable energy network. The second is to improve efficiency, no longer only according to the willingness of enterprises to apply for green certificates, from passive to active verification, based on the data provided by power grid enterprises and power trading institutions, through the data provided by power generation enterprises or project owners, on the basis of ensuring the timeliness and accuracy of data, Actively issue green certificates for all the electricity produced by registered renewable energy power generation projects. From the perspective of the new green certificate issuance in the first half of 2023, only 38 billion degrees of renewable energy electricity application for green certificate issuance, accounting for 6.5% of the first half of centralized photovoltaic, onshore wind power can apply for green certificate, the active green certificate issuance will greatly promote the efficiency of green certificate issuance, promote green certificate coverage. Third, flexible adjustment, in order to avoid a serious imbalance between supply and demand, the stock of conventional hydropower projects before January 1, 2023, no tradable green certificates are issued, the corresponding green certificates are transferred directly with the electricity free, and then dynamically adjust the range of tradable green certificates according to the production and consumption of renewable energy power, and steadily cultivate the green certificate market.

In terms of transactions, the first is to clarify the transaction mode, green card and physical electricity are essentially independent of each other, and two modes of green card separate transaction (green card and physical electricity "unbundled" transaction) and green electricity transaction (green card and physical electricity "bundled" transaction) can be selected during trading. When carrying out green electricity trading, the trading contract shall clarify the trading volume and transaction price of green card and physical electricity respectively. Embody the value of physical electricity energy and environmental rights and interests respectively; Second, to enrich the trading methods, on the basis of bilateral negotiation and listed trading methods at the present stage, in order to facilitate the organization of projects enjoying central financial subsidies to better participate in green certificate trading, centralized bidding transactions will be organized in a timely manner to meet the trading demands of various trading entities; The third is to expand the green certificate trading platform. In accordance with relevant national policies, the platform for carrying out green certificate trading has been expanded to Beijing Power Trading Center and Guangzhou Power Trading Center on the basis of the China Green Certificate Subscription trading platform. In order to facilitate energy users to purchase green certificates and improve the convenience of green certificate trading, it will be expanded to other state-recognized trading platforms in due course.

Based on green certification green electricity consumption

It helps to build a unified standard

Stimulate market vitality

Internationally, for the voluntary green certificate market, the United States, Germany and other countries have reflected the contribution of enterprises to the environment after the purchase of green electricity consumption certification system, such as the "Green power partner" activity launched by the United States Environmental Protection Agency. However, China has not yet established a complete green electricity consumption certification, identification and publicity system, it is difficult to effectively enhance the awareness of green electricity consumption in the whole society. It is understood that the driving force of the current market players to buy green certificates (4.440, -0.56, -11.20%) mainly comes from the green electricity consumption requirements of the industrial chain of international enterprises and export-oriented export enterprises, as well as the social responsibility and environmental protection propositions of large enterprises themselves. Among the top 10 enterprises in the bulk volume of green certificates in 2022, Foreign companies and Sino-foreign joint ventures accounted for 6. From the perspective of research, affected by factors such as imperfect green electricity consumption certification mechanism and insufficient international recognition of green certificates, some enterprises use green electricity purchase contracts and third-party green electricity consumption vouchers as the basis for certification, and a few enterprises only use green certificates as social responsibility behaviors to fulfill green consumption in China, involving the green attribute requirements of import and export products. International Green Certificate I-REC or other more recognized certification methods will be considered.