On Sept. 7, the country that consumes more power than any other nation introduced green energy trading. Two regions in China, Beijing and Guangzhou, were selected for the initial introduction of what will become the national green power trading market. Although it is still a pilot program, the market is expected to have far-reaching impacts on China’s energy transition away from coal. What do you need to know about it? Vincent Shaw in Shangahi sets out the details.
The green energy trading platform is expected to reduce curtailment for many large wind and solar projects by establishing a direct channel to purchase power generated by China’s enormous wind and solar PV fleet.
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