Recently, the National Development and Reform Commission, the Ministry of Finance and the National Energy Administration jointly issued the Notice on Doing a Good Job in Full Coverage of Renewable Energy Green Power Certificates to Promote Renewable Energy Power Consumption, which expanded the issuance scope of renewable energy green power certificates (green certificates) from onshore wind power and centralized photovoltaic power generation projects to all renewable energy power generation projects with established files and cards, and realized full coverage of green certificates. Specifically, it includes national wind power (including distributed 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, ocean energy power generation and so on.
Green certificate is the proof of the environmental attributes of renewable energy, and it is also the certificate to identify the production and consumption of green electricity. In 2017, China piloted the green certificate issuance and voluntary subscription system. At that time, the state issued green certificates for the on-grid electricity consumption of subsidized onshore wind power and centralized photovoltaic power generation projects. Since the implementation of the green certificate system, the whole society has initially formed a good awareness of green power consumption, but there are still problems such as the incomplete coverage of green certificate issuance transactions and the need to expand the application fields of green certificates.
Focusing on further activating the green card trading market and expanding the scale of green card trading, the notice clarified the specific requirements of green card trading platform, trading methods and trading income. Among them, the green certificate trading platform will be extended from the previous China green power certificate trading platform to the Beijing Electric Power Trading Center and the Guangzhou Electric Power Trading Center, and then extended to other trading platforms recognized by the state in due course. Buyers and sellers are free to choose any green card trading platform to carry out green card trading. Green card transactions are conducted by means of bilateral negotiation, listing and centralized bidding. In terms of transaction income, the notice proposes that for the green certificates of projects enjoying central financial subsidies, bilateral negotiation and listing will be mainly adopted at the beginning, creating conditions to promote the use of centralized bidding for transactions as soon as possible, and the green certificate income will be implemented in accordance with relevant regulations. (Reporter Ding Yiting)
Source: Henan Electric Power Enterprise Association