突破4500亿！同比增长3.87倍

Core Insights - The annual green electricity and green certificate trading volume in the southern region is expected to exceed 450 billion kilowatt-hours by 2025, representing a year-on-year increase of 387% and surpassing the total of the previous four years combined [1] - The green certificate trading market is projected to reach 407 million certificates, accounting for approximately 60% of the national trading volume [1] - The number of registered entities in the green certificate market is anticipated to grow by 1034% to 84,000, covering 34 provincial-level administrative regions across the country [1] Group 1: Market Dynamics - High-energy-consuming, export-oriented, and high-tech enterprises are the main consumers of green certificates, with manufacturing accounting for 50% and the electricity, heat, gas, and water production and supply industry for 23% [2] - The awareness of residential green electricity consumption is increasing, with nearly 1.57 million green certificates purchased by residents in 2025, marking a 33% year-on-year growth [2] - The total installed capacity of renewable energy in the southern power grid is expected to exceed 260 million kilowatts, maintaining its position as the largest power source, with non-fossil energy accounting for 66% of installed capacity and 55% of electricity generation [2] Group 2: Market Reforms and Innovations - As market reforms deepen, renewable energy entities are fully integrated into the trading system, with 1,149 renewable energy trading units participating in the southern electricity spot market [3] - The first five virtual power plants officially participated in the southern electricity spot trading on December 29, 2025, enhancing the market pathways for distributed renewable energy [3] - Future plans include further deepening the green electricity and green certificate market reforms, improving mechanisms for renewable energy participation, and expanding cross-regional trading collaboration [3]