Promote electricity consumption from renewable sources

I. General requirements

 To achieve full coverage of green certificates for renewable energy electricity, and further give play to the role of green certificates in building a green and low-carbon environmental value system for renewable energy electricity, promoting the development and utilization of renewable energy, and guiding the green consumption of the whole society. It will provide strong support for ensuring a secure and reliable supply of energy, achieving the goal of peaking carbon neutrality, and promoting green and low-carbon economic and social transformation and high-quality development.

Second, clarify the scope of application of green certificates

(1) The green certificate is the only proof of the environmental attributes of China's renewable energy power, and the only certificate for identifying the production and consumption of renewable energy power.

(2) The state issues green certificates to eligible renewable energy power, and one green certificate unit corresponds to 1,000 KWH of renewable energy power.

(3) Green certificate as a renewable energy electricity consumption certificate, used for renewable energy electricity consumption accounting, renewable energy electricity consumption certification, etc., including: tradable green certificate in addition to being used as a renewable energy electricity consumption certificate, can also be transferred between power generation enterprises and users by participating in green certificate green electricity trading and other ways. The National Development and Reform Commission and the National Energy Administration are responsible for determining the scope of issuing tradable green certificates and dynamically adjusting them according to the production and consumption of renewable energy power.

Third, standardize the issuance of green certificates

(4) The National Energy Administration is responsible for the management of green certificates. In principle, the issuance of green certificates is based on the data provided by power grid enterprises and power trading institutions, and is checked against the data provided by power generation enterprises or project owners. The quantity corresponding to the green certificate shall not be applied for other certificates of the same attribute in the power field repeatedly.

(5) Issue green certificates for all the electricity produced by registered renewable energy power generation projects such as wind power (including decentralized wind power and offshore wind power), solar power (including distributed photovoltaic power generation and photothermal power generation), conventional hydropower, biomass power generation, geothermal power generation and ocean power generation in the country, so as to achieve full coverage of green certificates. Among them:

For the on-grid electricity of centralized wind power (including offshore wind power) and centralized solar power (including solar thermal power) projects, green certificates can be issued for trading.

For the on-grid electricity of distributed wind power and distributed photovoltaic power generation projects, green certificates can be issued for trading.

For biomass power generation, geothermal power generation, ocean power generation and other renewable energy power generation projects online electricity, green certificates can be issued.

For stock conventional hydropower projects, the green certificate for trading is not issued temporarily, and the corresponding green certificate is transferred directly with the electricity without charge. For fully market-oriented conventional hydropower projects newly put into operation after January 1, 2023 (inclusive), green certificates can be issued.

Fourth, improve green certificate trading

(6) The green certificate relies on the China Green Electricity Certificate trading Platform, as well as the Beijing Power Trading Center and Guangzhou Power Trading Center to carry out trading, and timely expand to other state-recognized trading platforms, and the green certificate trading information shall be synchronized to the issuing institution in real time. Tradable Green certificates can only be traded once at this stage.

(7) The transaction of green certificates shall be carried out by bilateral negotiation, listing, centralized bidding, etc. Among them, bilateral negotiation transactions by the two market entities independently negotiate the quantity and price of green certificate transactions; The quantity and price information of green certificates in listed transactions are released on the trading platform; Centralized bidding transactions are organized and carried out in a timely manner as needed, and the number and price of transactions are clarified in accordance with relevant rules.

(8) For the green certificates of projects enjoying central financial subsidies, bilateral negotiations and listing methods are mainly adopted in the initial stage, and conditions are created to promote the centralized bidding method for trading as soon as possible, and the proceeds of green certificates are implemented in accordance with relevant regulations. Affordable (low price) projects, voluntary abandonment of central financial subsidies and central financial subsidies have expired projects, green certificate trading is not limited, green certificate income belongs to the power generation enterprise or project owner.