As of Nov 27, 2023, trade of green power by CHN Energy Investment Group (CHN Energy) this year exceeded 6 billion kilowatt-hours, a year-on-year growth of 111 percent.
Green power trade means that users can purchase renewable-energy-based power through electricity transactions and obtain the related green power certificate.
CHN Energy has played a role in green power trade at some special events like the Winter Olympic Games Beijing 2022 and the 19th Asian Games Hangzhou 2022 since green power trade was launched in September 2021. It is aiming to push forward green and low carbon transformation in the energy field.
Guohua Energy Investment Co., Ltd. and China Longyuan Group Corporation Limited, both subsidiaries of CHN Energy, traded 2.46 billion kWh of green power in northern areas of North China's Hebei Province this year, up by 107 percent year on year.
CHN Energy's subsidiaries in East China's Zhejiang and Northwest China's Qinghai provinces reached bilateral green power trade agreements and new energy subsidiaries in Shaanxi and Shanxi as well as Inner Mongolia Autonomous Region have launched green power trade worth 460 million kWh among inner users.
All the endeavors aim to serve the goal of 100 percent green power consumption of all industries among China's energy companies.
(Executive editor: Xie Yunxiao)
