How much electricity does China Southern power grid sell?

As part of the first transactions, the international unit of China Southern Power Grid and a public utility company in Macao completed trading the equivalent of 5.2 million kWh of electricity.

What is a green power certificate?

Green power certificates act as electronic IDs for green power transactions. Due to the homogeneity of electricity, once it enters the grid for transmission, its attributes cannot be distinguished by the grid or consumers. Only the generation side can differentiate it using green certificates.

How many Green Power Certificates have been traded?

Some 24.82 million green power certificates, have been traded in the last week of June on the Guangzhou Power Exchange Center.

Are China and Hong Kong getting green electricity certificates?

The first batch of cross-boundary green electricity certificates between the Chinese mainland and Hong Kong and Macao were recently traded via a Guangzhou exchange center, marking a milestone in the two special administrative regions' decarbonization drive as they push forward with their green goals.

When did China launch a green power direct trading programme?

Prior to the release of the Guidance, China launched a pilot national green power direct trading programme in September 2021 following the approval by the NDRC of the Green Power Trading Pilot Work Plan, which was jointly developed by the State Grid Corporation of China (SGCC) and China Southern Power Grid Corporation (CSG).

Does China have a digital power grid?

[Photo provided to China Daily] China Southern Power Grid has pledged to continue investing in digital power grid construction, including a digital grid across Guangdong, Yunnan, Guizhou and Hainan provinces and the Guangxi Zhuang autonomous region.