Recently, the National Development and Reform Commission and the National Energy Administration officially replied to the State Grid Corporation and China Southern Power Grid Corporation to promote the pilot work of green power trading.

According to the letter, green power trading should give priority to fully marketized green power. If some provinces give priority to the scale of fully marketized green power at the early stage of the market, they may consider organizing users to purchase green power from grid enterprises that enjoy government subsidies and guaranteed purchases.

Among them, the additional income generated by fully market-oriented green electricity belongs to power generation enterprises; The grid enterprise will sell and collect the subsidized green electricity purchased from the grid enterprise, and the additional income generated will be used to hedge the government subsidy. If the power generation enterprise voluntarily exits the subsidy and participates in the green electricity transaction, the additional income generated will be returned to the power generation enterprise. For other green electricity guaranteed to be connected to the Internet, the additional income generated by the power grid enterprises shall be accounted for separately. In accordance with the requirements of the National Development and Reform Commission and the National Energy Administration, the funds shall be earmarked for the construction of new power systems.

The letter pointed out that the trading of green electricity should fully reflect the environmental attribute value of green electricity, and in accordance with the principle of ensuring income, the upper and lower limits of the trading price can be set reasonably by referring to the supply and demand of green electricity.

The following is an official of the National Development and Reform Commission.

Q: After the CPC Central Committee and The State Council set the goal of achieving carbon peak and carbon neutrality, what is the background and starting point of launching the pilot project of green electricity trading?

A: In order to implement the strategic plan of the CPC Central Committee and The State Council on achieving carbon peak and carbon neutrality, and accelerate the construction of a new power system with new energy as the main body, we must take strong measures to vigorously develop new energy. Due to the technical characteristics of unstable output of new energy power generation, the absorption and operation cost of power system will increase significantly. In order to achieve the multiple goals of low-carbon electric power transformation, safety and reliability, and economic affordability at the same time, it is necessary to deepen the reform of the electric power system and make exploration and innovation in the construction of the system, mechanism and market. By carrying out green power trading, some users who are willing to assume more social responsibilities will be separated and directly traded with wind power and photovoltaic power generation projects, guiding green power consumption in a market-oriented way, reflecting the environmental value of green power, and generating green electricity income will be used to support the development and consumption of green power, and better promote the construction of new power system.