CX Daily: China’s Updated Green Power Market Guidelines Set to Drive Interprovincial Trading

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Solar panels on coastal mudflats in Taidong, Jiangsu province on June 11. Photo: VCG

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Analysis: China’s updated green power market guidelines set to drive interprovincial trading

One of China’s main power exchange centers released new guidelines for green power trading in a move that aims to drive interprovincial transactions of renewable energy across most of the country.

The document, an update on last year’s version, was released Aug. 9 by the Beijing Power Exchange Center, a subsidiary of the State Grid, and reposted Aug. 12 by the Chongqing Power Exchange Center. One of the tasks at the Beijing center is to develop and operate a power market across different provinces and regional power grids.