National Energy Administration: China's BIPV Market Has Huge Potential, and Its Development Faces Three Challenges

On March 28, the State Energy Administration issued the Case Interpretation of the Implementation Plan for Promoting the High-quality Development of New Energy in the New Era. According to Case Interpretation, In 2020, China's new construction area will be about 31.

Second, the industry standards have not yet been formed. At present, the main standards of BIPV are concentrated in the construction field, lacking standards and specifications for photovoltaic power generation. At the same time, the formulation of standards mostly relies on the discussion within the industry and the planning guidance of local policies, and a national unified standard system of BIPV has not yet been formed.

Third, the product specificity is high, product manufacturers need to participate in architectural design, construction and other links, pushing up the cost of investment and power generation, while the business operation mode is not mature, power generation and energy saving and environmental protection benefits are difficult to directly translate into investor income, large-scale promotion is difficult.

The original text is as follows:

The Case Interpretation of the Implementation Plan on Promoting the High-quality Development of New Energy in the New Era was released

to guide local governments to better implement the Implementation Plan on Promoting the High-quality Development of New Energy in the New Era (Guo Ban Han [2022] No.39). Summarizing the successful experience and excellent practices in promoting the high-quality development of new energy in a timely manner, we organize the Energy Research Institute of the National Development and Reform Commission, the General Institute of Electric Power Planning and Design, the General Inst itute of Hydropower and Water Resources Planning and Design, the State Power Investment Group, the Three Gorges Group, the China-Guangzhou Nuclear Group and the

Contact: 010-81929527/81929525 (fax)

E-mail: xinny@nea.gov.cn

Attachment: Case Interpretation of Implementation Plan for Promoting High-quality Development of New Energy in the New Era (Chapter I) 0HT ML0 UNK1 2 Case Interpretation Editorial Board 0 HTML0 UNK1 32023 March 26 0 HTML0 UNK1 4 0 HTML0 UNK1 5 Case Interpretation 0 HTML0 UNK1 6 Case Interpretation Editorial Board 0H TML0 https://img7.ccement.com/richtext/img/4sb8h4t53rq1686101348410.2022 720-Mar-23 0 HTML0 https://img7.ccement.com/richtext/img/4sb8h4t53rq1686101348410.2022 8 Catalogue

I. Innovating the Mode

of New Energy Development and Utilization (1) Accelerating the Development of Desert, Gobi, Construction

of large-scale wind power and photovoltaic bases focusing on desert areas (2) Promoting the integration

of new energy development and utilization with rural revitalization (3) Promoting the application

of new energy in industry and construction (4) Guiding the whole society to consume green power

such as new energy. Accelerate the construction of a new power system

to adapt to the increasing proportion of new energy (5) Comprehensively improve the regulation ability and flexibility

of power system (6) Focus on improving the ability

of distribution network to accept distributed new energy (7) Steadily promote new energy to participate in electricity market transactions 0HTML0 UNK1 (8) Improve the weight system of renewable energy power consumption responsibility 0 HTML0 UNK1 1 III. Deepening the reform of "releasing control clothing" in the field of new energy 0 HTML 0 UNK1 2 (9) Continuously improving the efficiency of project approval 0 HTML 0 UNK1 3 (10) Optimizing the network connection process of new energy projects 0 HTML 0 UNK1 4 (11) Improving the public service system related to new energy 0 HTML 0 UNK1 5 IV. Supporting and guiding the healthy and orderly development of the new energy industry 0 HTML0 UNK1 6 (12) Promoting scientific and technological innovation and industrial upgrading 0 HTML0 UNK1 7 (13) Ensuring the safety of the industrial chain and supply chain 0 HTML0 UNK1 8 (14) Improving the internationalization level of the new energy industry 0 HTML0 UNK1 9 5. Guarantee the reasonable space demand for new energy development 0 HTML 0 UNK2 0 (15) Improve the land use control rules for new energy projects 0 HTML 0 UNK2 1 (16) Improve the utilization efficiency of land and space resources 0 HTML 0 UNK2 2 VI. Give full play to the ecological and environmental protection benefits of new energy 0 HTML 0 UNK2 3 (17) Vigorously promote new energy projects for ecological restoration 0 HTML 0 UNK2 4 (18) Promote the improvement of rural human settlements 0 HTML 0 UNK2 5 VII. Improving fiscal and financial policies to support the development of new energy 0 HTML 0 UNK2 6 (19) Optimizing the use of financial funds 0 HTML 0 UNK2 7 (20) Implementing financial support policies 0 HTML 0 UNK2 8 (21) Enriching green financial products and services 0 HTML 0 UNK2 9. China's new energy represented by wind power and photovoltaic power generation has developed rapidly and achieved remarkable results, playing an increasingly important role in the energy system. At the same time, the problem of unbalanced and insufficient development of new energy has gradually become prominent, and the constraints of land resources have become more and more significant, which are mainly manifested in the lack of adaptability of the power system to large-scale and high-proportion new energy grid consumption, the weak awareness of green consumption in the whole society, and the insufficient integration of new energy and other fields. The development of new energy with high proportion and high quality in the new era still faces many constraints. In order to thoroughly implement the important speech and directive spirit of the General Secretary of Xi Jinping and promote the high-quality development of new energy in the new era, the Implementation Plan adheres to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, completely, accurately and comprehensively implements the new development concept, coordinates development and security, and adheres to the principle of first establishing, then breaking through and overall planning. Focusing on the difficulties and blockages in the development of new energy, we should improve policies and measures in seven aspects, namely, innovating the mode of development and utilization, building a new type of power system, deepening the reform of "release and control clothing", supporting and guiding the healthy development of industry, guaranteeing reasonable space demand, giving full play to the benefits of ecological environment protection, and improving financial and financial policies, so as to focus on new energy. We will better play the role of new energy in ensuring and increasing energy supply, and lay a solid foundation for the development of new energy in China to achieve carbon peak and carbon neutralization on schedule. 0 HTML 0 UNK3 1 I. Innovation of new energy development and utilization mode 0 HTML 0 UNK3 2 During the "14th Five-Year Plan" period, wind power, photovoltaic and other major new energy sources entered a new stage of large-scale, high-proportion, market-oriented and high-quality development. Innovating the development and utilization mode of new energy in many ways is an important guarantee to promote the development of new energy, accelerate the transformation of energy structure, and help achieve the goal of carbon peak and carbon neutralization. The Implementation Plan mainly puts forward measures and suggestions in the following four aspects. 0 HTML0 UNK3 3 (I) Accelerate the construction of large-scale wind power photovoltaic bases focusing on desert, Gobi and desert areas 0 HTML0 UNK3 4 Major policy points 1: Strengthen the planning and construction of large-scale wind power photovoltaic bases based on clean, efficient, advanced and energy-saving coal-fired power around them. The new energy supply and absorption system with stable, safe and reliable UHV transmission and transformation lines as the carrier should strengthen coordination and guidance in land pre-examination, planning and site selection, and environmental protection, so as to improve the efficiency of examination and approval. 0 HTML 0 UNK3 5 After years of efforts, China's new energy industry has leaped over the stages of start-up, growth and large-scale development, and the "14th Five-Year Plan" has entered a new era of high-quality development. By the end of 2022, the total installed capacity of wind power has reached 365 million kilowatts, and the total installed capacity of photovoltaic power has reached 392 million kilowatts, ranking first in the world in terms of new and cumulative installed capacity for many consecutive years. In addition, after years of rapid development and large-scale drive, wind power, Communist Party of China clearly points out that the realization of carbon peak and carbon neutralization is a broad and profound systematic change in the economy and society. Based on China's energy resources endowment, we insist on establishing first and then breaking through, and implement the carbon peak action step by step in a planned way. The Central Economic Work Conference in 2021 also made it clear that "we should correctly understand and grasp the carbon peak and carbon neutralization.". The gradual withdrawal of traditional energy should be based on the safe and reliable substitution of new energy. Based on the basic national conditions of coal-based, we should make good use of clean and efficient coal, increase the absorption capacity of new energy, and promote the optimal combination of coal and new energy. Therefore, the implementation of the goal of carbon peak and carbon neutralization should be unswerving, and the strategy should be steady and progressive. Energy transformation should ensure stable, orderly and safe carbon reduction on the premise of ensuring energy supply.

Due to the randomness and volatility of new energy sources such as wind and solar power, it is impossible to independently support the stable operation demand of power load. With the large-scale and high proportion development of wind and solar power, energy storage and peak shaving capacity must be allocated accordingly, especially in the near and medium term, the supporting role of peak shaving and frequency modulation of coal-fired power units needs to be brought into full play. The construction of large-scale wind power and photovoltaic bases focusing on desert, Gobi and desert areas, whether local or outgoing, is inseparable from the support of coal power under current conditions. In order to ensure the efficient utilization of wind power and photovoltaic bases in desert, Gobi and desertification areas, it is necessary to adhere to the coordinated development of source, network and load, clarify the utilization rate of projects and the direction of absorption, and promote the coordinated construction of new energy and other power sources and energy storage. Large-scale wind power photovoltaic bases focusing on desert, Gobi and desertification areas will be planned, constructed and put into operation synchronously with supporting power grids, energy storage and distributed synchronous condensers. Promoting the optimal combination of coal and new energy is not only the need of combining China's energy development goals with reality, but also the objective requirement of the characteristics and development stage of wind and solar new energy technology.

The Implementation Plan proposes to encourage coal-fired power enterprises to carry out substantive joint ventures with new energy sources, such as investing in the construction and operation of new energy power generation projects by utilizing coal mining subsidence areas, waste dumps, idle spaces of power plants, idle spaces along railways and ash yards of power plants, and realizing substantive joint ventures with existing coal-fired power projects. To solve the problem of cooperation among power support, peak shaving and frequency modulation and new energy production, to avoid poor communication and coordination among market players and unbalanced distribution of interests caused by the separation of new energy production and ancillary services, to break down the barriers of interests and production caused by different market players, to promote the construction of integrated energy supply mode of wind, solar, thermal and storage, and to promote the construction of new power system.

vigorously develop distributed photovoltaic, Distributed new energy such as decentralized wind power is one of the important ways to promote carbon peak and carbon neutralization. In terms of distributed photovoltaic, since 2013, the state has issued a series of effective policies to promote the development of distributed photovoltaic. Beginning in 2019, household photovoltaic will be managed separately, and the total amount of annual subsidy funds for household photovoltaic will be defined, so that the annual installed capacity of household photovoltaic will reach 25.25 million kilowatts for household

decentralized wind power, the National Energy Administration issued relevant policies in 2011 to clarify the main ideas and boundary conditions of decentralized wind power development, and to start the exploration of decentralized wind power development mode. Since 2018, with the support and promotion of national policies, local governments have paid more attention to decentralized wind power, and the market scale of decentralized wind power has gradually expanded. By the end of 2021, the cumulative installed capacity of decentralized wind power is close to 10 million kilowatts.

Rural distributed new energy has broad prospects for development, but it also faces many challenges. On the one hand, for access and consumption, the structure of rural power grid is relatively weak, the bottleneck of distributed new energy access and power quality problems are more prominent, while the electricity load in rural areas is low, and the space for distributed new energy consumption is limited. On the other hand, for investment and financing, due to the small volume and investment scale of distributed photovoltaic, there are some problems such as financing difficulties and high interest rates for enterprise development projects, especially for private enterprises and small and medium-sized enterprises, the phenomenon of poor financing channels and high financing costs is more prominent. In June

2021, the State Energy Administration launched the pilot project of roof distributed photovoltaic development in the whole county, taking distributed photovoltaic as an important measure to effectively link up poverty alleviation and rural revitalization. The 14th Five-Year Plan for Renewable Energy Development proposes to integrate the development of distributed photovoltaic and the consolidation and upgrading of rural power grids with the revitalization of rural areas, and to launch the implementation of the "Wind Control Action for Thousands of Villages" and the "Light Bathing Action for Thousands of Households". The Implementation Plan clearly proposes to encourage local governments to intensify efforts to promote the development of rural household photovoltaic and rural decentralized wind power through the introduction of support policies, which will further promote the development of distributed new energy in rural areas.

agriculture has two attributes of" carbon source "and" carbon sink ", and has great potential for energy conservation and carbon reduction. Carbon peaking and carbon neutralization are important strategies, which are related to China's influence in international economic and social development, diplomatic pattern, ecological environment protection and other aspects; Rural revitalization is a national plan, which is related to people's livelihood, people's wealth and people's strength, and is a national development strategy to promote the development of rural areas. Promoting the development and utilization of new energy in rural areas is an important support for improving the structure of rural energy production and consumption and promoting rural revitalization. At present, to promote the development of rural areas with "new energy +" industry, some areas have achieved certain development results or carried out corresponding exploration, and the utilization direction mainly focuses on various "photovoltaic +", comprehensive utilization of biomass energy, wind power, small hydropower poverty alleviation projects, etc.

New energy has a broad application space in rural areas. At present, in addition to household photovoltaic, the scale and mode of farmers or rural collective economy participating in new energy development are limited, mainly in the form of land leasing to participate in new energy project development, and the participation is not high. The large-scale development and utilization of new energy is mainly invested by the state and large enterprises. The investment scale is large, and the related financing and income mechanism is not applicable in rural areas. It is necessary to explore the small-scale regional new energy utilization mode and promote and utilize it in rural areas. In addition, the management functions of rural energy are relatively decentralized, the linkage and cooperation mechanism among various departments is weak, the capital investment is relatively limited, the cooperation mechanism of technology, market, personnel investment and other related aspects is lack, and a set of sustainable market incentive mechanism and technical service system has not yet been formed to meet the needs of new energy development. The Implementation Plan gives development suggestions and guiding directions in terms of investment cooperation mechanism and revenue sharing mechanism.

The 14th Five-Year Plan for Renewable Energy Development proposes to foster new collective economic models such as rural energy cooperatives to support rural revitalization. The Implementation Plan further proposes to combine the rural energy revolution with the development of rural collective economy, promote the adjustment of rural energy structure through the application of clean energy, meet the daily demand for electricity and heating in rural areas, achieve clean energy while improving the quality of life in rural areas, and help promote carbon peak and carbon neutralization; By developing and improving the rural collective economic system based on rural collective land ownership, we can make full use of local resources and share the fruits of economic and social development more fairly, which is an important way to achieve common prosperity and energy transformation of the whole society.

financial institutions offer innovative products and services for alternative rural energy projects." It is not only the need to support the promotion of carbon peak and carbon neutralization, but also the need for the green transformation of financial institutions themselves. On the one hand, the development of rural green energy industry is an important entry point for financial institutions to help promote carbon peak and carbon neutralization, especially to support key counties in rural revitalization, to provide financial support for the planning and priority development of new energy sources such as wind power and photovoltaic, to build pillar industries for poverty alleviation counties, and to achieve green development in rural areas. On the other hand, supporting the development of new energy industry in rural areas can also help financial institutions themselves to achieve green transformation, providing a credit carrier for the green transformation of financial institutions, especially rural financial institutions.

Under the traditional financial model, the outflow of funds in rural areas, especially in poor areas, is obvious, which leads to the structural shortage of rural capital, the difficulty of financing and the high cost of financing, which hinders the development of rural economy and new energy to a certain extent, and is not conducive to the full implementation of the strategy of rural revitalization. In the process of rural revitalization and energy transformation in rural areas, there will inevitably be new financial needs. In order to meet these new needs, rural financial innovation presents new characteristics in terms of scientific and technological settlement methods, popularity and financing service modes, which requires financial institutions to achieve innovation through products and services.

The Implementation Plan proposes to provide innovative financial products and services for new energy projects in rural areas. On the one hand, relying on the strength of finance, finance and relevant departments need to study and formulate relevant policies to support the development of new energy industry, vigorously develop green finance, urge and guide banking and insurance institutions to innovate financial products and services, and realize the synergy between finance and finance. On the other hand, the policy should create a better financial environment for social capital to support the development of new energy industry in rural areas, support areas with resource conditions, especially key counties for Rural Revitalization, and introduce financial products and services matching social capital, such as in the investment mode of "company + village + farmer", with "company" as the fulcrum. Leverage the development of new energy industry in villages and towns, and promote more farmers' employment and income.

Industrial parks are the main battlefield of green transformation and energy saving and carbon reduction in the industrial field, and an important area of energy consumption and carbon emissions in China. Accelerating the construction of "supporting the integration of green micro-grid and source-network-load-storage in industrial parks, and promoting the complementary and efficient utilization of multi-energy" is an important way to save energy, reduce consumption, improve quality and reduce carbon in industrial parks. It is of great significance to achieve the goal of carbon peak and carbon neutralization in the industrial field.

"Accelerate the development of new energy projects such as distributed photovoltaic and decentralized wind power in qualified industrial enterprises and industrial parks", and promote the deep integration of industrial plant buildings and solar energy by giving full play to the key advantages of roof resources and land resources aggregation in the park. It can realize the direct supply of green low-carbon energy to enterprises in the park, promote the efficient complementarity of green energy in the industrial park, and improve the comprehensive utilization of regional green energy. At the same time, direct supply of new energy power is carried out in the industrial park, and enterprises give priority to the use of photovoltaic and wind power in the park, which can reduce the cost of electricity consumption and promote the nearby and local consumption of distributed new energy. In addition, by adopting the mode of "self-use, surplus electricity access to the Internet" or "green electricity trading", the surplus electricity can also be traded in the market to obtain certain benefits. In March

2021, the State Development and Reform Commission and the State Energy Administration issued the Guiding Opinions on Promoting the Integration of Power Source, Network, Load and Storage and the Complementary Development of Multi-energy (No.280 of the Development and Reform Energy Regulation). It is pointed out that source-network-load-storage integration and multi-energy complementarity are important measures to achieve high-quality development of power system, promote the transformation of energy industry and social and economic development, aiming at "actively building a clean, low-carbon, safe and efficient new power system, and promoting the transformation and upgrading of energy industry". In October 2021, the State Council issued the Action Plan for Carbon Peak by 2030, which clearly put forward the idea of "actively developing new energy + energy storage, integration of source, network, load and storage, and multi-energy complementarity, and supporting the rational allocation of energy storage systems for distributed new energy". In June

2021, the State Energy Administration, the Ministry of Agriculture and Rural Areas and the State Rural Revitalization Bureau jointly issued the "Opinions on the Implementation of Accelerating the Transformation and Development of Rural Energy to Promote Rural Revitalization" (Guoneng Development Planning [2021] 66), which put forward the idea of "innovating and developing new energy direct power supply, partition electricity sales and other modes". In the "14th Five-Year Plan for Renewable Energy Development", it is also proposed to "develop new energy power supply according to local conditions". In the Implementation Plan, it is further clarified to "carry out the pilot project of direct power supply from new energy power", that is, to carry out the pilot project of direct power supply from new energy power generation enterprises to power users in areas where conditions permit and on the premise of conforming to the plan, to improve relevant mechanisms and safeguards, to build a number of green direct power supply demonstration factories and demonstration parks, and to speed up the proportion of new energy in terminal energy consumption.

solar power generation and buildings can be divided into photovoltaic power generation attached to buildings (BAPV), photovoltaic power generation and building integration (BIPV) and solar thermal utilization facilities. At present, the largest application scale is BAPV, which lays photovoltaic panels on the roof of buildings and is the main development form of distributed photovoltaic. In addition to roof photovoltaic, BIPV can also be used as photovoltaic curtain wall, photovoltaic shading, photovoltaic greenhouse and other application scenarios, in which photovoltaic panels not only provide power generation function, but also as part of the building structure. Replaces some traditional building structures such as roof slabs, tiles, windows, building facades, canopies, etc. As a new scheme of building photovoltaic, BIPV has certain advantages in safety, ornamental, convenience and economy, and is an important development direction in the future. In 2020, the newly installed capacity of BIPV in China was 709,000 kilowatts, and the installed area was 3.774 million square meters, accounting for 4% of the newly installed capacity of distributed photovoltaic in China in that year.

In 2020, the newly added building area in China was about 31. However, the development of BIPV still faces many challenges. First, the product performance requirements are high. BIPV is the product of the deep integration of building and photovoltaic. It is mainly based on the attributes of building materials, supplemented by the performance of photovoltaic power generation. It has higher requirements for the performance of BIPV photovoltaic modules. It requires not only a longer service life, but also the waterproof, safety, firmness and aesthetics of building materials. Second, the industry standards have not yet been formed. At present, the main standards of BIPV are concentrated in the construction field, lacking standards and specifications for photovoltaic power generation. At the same time, the formulation of standards mostly relies on the discussion within the industry and the planning guidance of local policies, and a national unified standard system of BIPV has not yet been formed. Third, the product specificity is high, product manufacturers need to participate in architectural design, construction and other links, pushing up the cost of investment and power generation, while the business operation mode is not mature, power generation and energy saving and environmental protection benefits are difficult to directly translate into investor income, large-scale promotion is difficult. The Implementation Plan gives the development direction for the application of BIPV and other solar energy combined with buildings, which will promote its further rapid development.

At present, Guangdong, Jiangsu, Xi'an, Beijing, Shanghai and other provinces (municipalities and autonomous regions) have clearly issued the relevant subsidy policies for photovoltaic building integration, with the subsidy intensity ranging from 0.3 to 0.2022. The Ministry of Housing and Urban-Rural Development and the National Development and Reform Commission issued the Implementation Plan for Carbon Peak in Urban and Rural Construction (Jianbiao [2022] No.53), proposing to optimize the energy consumption structure of urban construction, promote the integrated construction of solar photovoltaic in buildings, and strive to achieve 50% photovoltaic coverage on the roofs of new public institutions and new factories by 2025. Promote the installation of solar photovoltaic systems on the roofs of existing public buildings.

and new energy has dual attributes, one is the attribute of physical electric energy." It is used to meet the energy demand of power users. The second is the environmental attribute, which is reflected in the role of reducing pollutants and greenhouse gas emissions. Green power certificate (green certificate for short) is usually used as the carrier of environmental value trading in the world. The green certificate and the physical electric quantity are independent of each other. In the specific transaction, there are two modes: "the certificate goes with the electricity" (the green certificate and the corresponding physical electric quantity participate in the transaction together) and "the certificate is separated from the electricity" (the green certificate and the corresponding physical electric quantity are traded separately). Since its establishment in 2017, China's green certificate system has been dominated by the "separation of certificates and electricity" trading mode. In order to improve the flexibility of green certificate trading and further enhance the level of green electricity consumption in the whole society, in 2021, the National Development and Reform Commission and the State Energy Administration approved the pilot scheme of green electricity trading submitted by Beijing Electric Power Trading Center (Beijiao) and Guangzhou Electric Power Trading Center (Guangjiao), which is based on a unified national green certificate system. Pilot launch of green electricity trading (referred to as "green electricity trading"), that is, pilot "certificate with electricity" trading mode. The approval made it clear that green power trading should fully reflect the environmental attribute value of green power, and at the same time, it should do a good job in linking up green power trading with green certificate mechanism, and establish a unified national green certificate system. According to the pilot needs of green power trading, the National Renewable Energy Information Management Center issued green certificates to Beijing and Guangzhou Electric Power Trading Center in batches.

According to the green power trading rules issued by Beijiao and Guangjiao, green power trading refers to the process in which power users or power selling companies and green power generation enterprises synchronously carry out medium and long-term power trading and green certificate subscription trading according to the rules. The relevant price is formed through the market. In the same transaction cycle, the direct transaction of green power is organized and carried out before other medium and long-term power transactions. On the basis of ensuring the safe operation of the power grid, the green power transaction contract will be arranged preferentially to ensure the implementation of the transaction results and fully reflect the priority of the green power transaction. In order to do a good job in green power trading services, Beijiao and Guangjiao have made it clear that they should improve the functions of the power trading system. For example, Beijiao has established an "e-trading" power market service platform to better support the development of green power trading organizations and do a good job in trading services.

Green power trading is an important way to promote green power consumption. According to the requirements of the Implementation Plan, in the next step, Beijing Jiaotong, Guangzhou Jiaotong and relevant institutions should constantly improve the green power trading mechanism, improve the service level of green power trading, meet the needs of the green power trading market and expand the trading scale.

is to improve the green power consumption level of the whole society, In January 2017, the State Development and Reform Commission, the Ministry of Finance and the State Energy Administration jointly issued the Notice on the Trial Implementation of the Renewable Energy Green Power Certificate Issuance and Voluntary Subscription Trading System (Development and Reform Energy [2017] 132), which made it clear that the Green Power Certificate (hereinafter referred to as the "Green Certificate") was green. At the same time, green certificates will be issued for the power generation of centralized wind power and photovoltaic power projects in the subsidy list, and a voluntary subscription system for green power certificates will be launched nationwide. According to the policy, the green certificate price of the subsidized project is not higher than electricity subsidy level of the corresponding electricity quantity of the certificate, and after the green certificate is sold, the corresponding electricity quantity will no longer enjoy the electricity price subsidy from the Renewable Energy Development Fund, resulting in the overall high price of the green certificate of the subsidized project, with the lowest price of 128.In January

2019, the State Development and Reform Commission and the State Energy Administration jointly issued the Notice on Actively Promoting the Work of Wind Power and Photovoltaic Power Generation without Subsidies and Parity Access to the Internet (Development and Reform Energy [2019] 19), clarifying the projects of wind power and photovoltaic power generation parity access to the Internet and low-cost access to the Internet. Tradable green certificates can be obtained according to the national renewable energy green power certificate management mechanism and policy, and the proceeds can be obtained through the sale of green certificates. Unlike the green certificate of subsidized projects, the price of the green certificate of parity projects is entirely formed by the market, the transaction price is significantly lower than that of the green certificate of subsidized projects, and the market acceptance is higher. Since the launch of the green certificate of parity projects in June 2021, the volume of subscription transactions has increased rapidly. By the end of July 2022, the total number of transactions of subsidized green certificates has been 79000, and the total number of transactions of green certificates of parity projects has been 1936000.

Power is a key carbon emission industry in China. In order to help achieve carbon peak and carbon neutrality on schedule, we should give full play to the role of green certificate mechanism, do a good job of linking up with the carbon emission trading market, constantly expand the application scenarios of green certificate, promote green certificate trading, enhance the consensus of green power consumption and promote the transformation of energy structure. In January 2022, the National Development and Reform Commission and other seven ministries jointly issued the Implementation Plan for Promoting Green Consumption (Development, Reform and Employment [2022] 107), which clearly proposed the establishment of a mechanism linking green electricity trading with the weight of absorption responsibility, and that market-oriented users should achieve the weight target by purchasing green electricity or green certificates, while requiring the strengthening of carbon emissions trading. To study the feasibility of deducting carbon emissions related to green electricity in emission accounting. Improving the green power certificate system, promoting green power certificate trading, and strengthening the effective connection with the carbon emission trading market are the next implementation and key work directions.

At present, the national level has not yet established a sound green power consumption certification standards, identification system and publicity system, enterprises and natural persons subscribe to green certificates, mainly reflecting their social responsibility and environmental protection propos ions in the use of green energy, can not promote the reduction of production and living costs, nor can it bring preferential policies to enterprises and individuals. It is difficult to mobilize the enthusiasm of all parties for green power consumption. At the same time, only a small number of certification agencies in China have initially carried out the certification of green power consumption. After the launch of the voluntary subscription system for green certificates in 2017, in order to cooperate with the effective implementation of the national policy and further enhance the sense of honor of green power consumers, relevant units compiled the Technical Specification for the Evaluation of Green Power Consumption, which preliminarily stipulated the scope of green power recognition and the main ways of consumption, and formulated the organization, activities and individuals. Based on the evaluation results, the applicant who meets the evaluation requirements is issued a certificate and granted the right to use the logo. However, due to the diversification of product demand, the evaluation of green power consumption for products has not yet been carried out. China Quality Certification Center is currently compiling technical specifications for green energy consumption evaluation related to products, organizations and activities.

The Implementation Plan proposes to establish and improve the new energy green consumption certification, identification system and publicity system. We will strengthen certification and acceptance, and guide enterprises to use new energy and other green power to manufacture products and provide services. Encouraging all kinds of users to purchase new energy and other green power manufacturing products will accelerate the establishment and improvement of green power consumption system in China, realize the transmission of green power consumption value to the commodity side, and is an important measure to enhance the awareness of green power consumption in the whole society.