Both Jiangsu and Guangdong power exchanges have concluded their provincial annual contract transactions for 2023. According to the results released by the power exchanges, the Jiangsu total annual transaction volume excluding green power was 338.989 TWh, with a weighted average price of 466.64 CNY/MWh, 19.35% higher than the coal-fired base price. The annual green power …
On 13 December 2022, the European Parliament reached a provisional agreement with the Council of the EU to implement an EU Carbon Border Adjustment Mechanism (“CBAM”) from 1 October 2023. The CBAM will apply a price on emissions to a wide range of goods comprised in the following categories which are imported into the customs …
The Department of Ecology and Environment of Guangdong Province issued the 2022 Carbon Emission Allowance Allocation Plan of Guangdong Province. The scope of the provincial carbon emission management and trading in 2022 covers 5 industries: cement, steel, petrochemical, paper and civil aviation. Enterprises in these industries with annual CO2e emissions of over 10,000 tons will …
Corporate Net Zero: Guangdong released the 2022 Carbon Emission Allowance Plan Read More »
Since the first launch of Green Power Trading in 2021, the total transaction volume in the State Grid territory reached 20.415TWh as of Nov.13, 2022, which accounts for roughly 2% of the wind and solar power produced in China over the same period. 5383 renewable power generation companies and 2749 power users have concluded transactions. …