2024企业绿色电力采购机制与应用场景中国市场年度报告

Core Insights - The 2024 report on corporate green power procurement in China highlights a significant leap in the green electricity sector, with wind and solar installations exceeding 1.25 billion kilowatts, surpassing coal power capacity and achieving the 2030 target six years ahead of schedule [1][24] - The transition from voluntary to mandatory green power procurement is driven by ongoing market reforms and innovative procurement mechanisms, expanding domestic and international application scenarios [1][4] Industry Overview - In the first three quarters of 2024, the total installed capacity of wind and solar power reached 1.25 billion kilowatts, accounting for 82% of new installations, and the combined generation from these sources was 1.35 trillion kilowatt-hours, representing 19% of total electricity generation, a year-on-year increase of 26.3% [1][24] - The introduction of the first national electricity spot market rules in September 2023 has invigorated green electricity trading, with the trading volume reaching 684.5 billion kilowatt-hours, which is 47.3% of total renewable energy generation, marking a nearly 9 percentage point increase from 2022 [2][19] Green Power Procurement Mechanisms - The report identifies five main procurement mechanisms, with green electricity trading showing rapid growth and a decrease in average prices, while green power certificates (GPCs) have seen a sixfold increase in trading volume [21][34] - The average trading price for green electricity in the State Grid region dropped to 417.48 yuan per megawatt-hour, a 6% decrease from 2023, while the environmental value price in the Southern Grid region fell to 9 yuan per megawatt-hour, less than 40% of the previous year's price [2][4] Application Scenarios - Domestic application scenarios for green electricity are expanding from merely meeting renewable energy consumption targets to addressing energy consumption and carbon emission control, with specific targets set for high-energy-consuming industries [4][23] - Internationally, the recognition of Chinese green certificates is improving, with significant progress in aligning with global renewable energy initiatives, which is expected to facilitate the transition from international green certificates to domestic ones by 2025 [4][5] Future Trends - Future trends include the construction of cross-provincial transmission channels, hourly-level green certificate matching, and the standardization of retail markets, which are anticipated to enhance the flexibility and regulation of the green electricity procurement market [5][19] - The report emphasizes that the market is transitioning from "scale expansion" to "quality upgrade," driven by the increasing demand for green electricity and the need for compliance with international trade regulations [5][22]