Fujian Province completes first green power transaction

Fujian Province organized its first green power transaction according to the Fujian Energy Bureau. This green power transaction was carried out in the form of a bilateral negotiation, with a cumulative transaction volume of 28.43 GWh in 19 transactions. The transaction price was lower than the monthly centralized bidding price.

In terms of participants, there were 3 centralized onshore wind power enterprises on the selling side, 2 wholesale users, and 171 retail users (represented by electricity retailing companies) on the buying side. In the next step, Fujian may introduce other renewable energy sources, such as centralized solar, distributed solar, and offshore wind power to participate in the transactions.


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