Energy Insider: China Issues Accounting Guidelines for Non-Fossil Power Consumption
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Accounting guidelines for non-fossil power consumption
The National Development and Reform Commission and four other government agencies released pilot guidelines to standardize the accounting of non-fossil energy consumption. The rules aim to improve coordination among energy statistics, carbon-emission accounting and electricity and green-certificate trading markets. The guidelines establish specific accounting methods for both provincial and municipal levels as well as individual power users. The system will initially operate on an annual basis and gradually transition from relying solely on power transactions to integrating both power and green-certificate trading.
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