Core Viewpoint - The article discusses the implementation of a pilot program for issuing green certificates for distributed renewable energy projects in three provinces of China, emphasizing the importance of green certificates in promoting green consumption and production methods [1][2]. Group 1: Pilot Program Implementation - The National Energy Administration has issued a work plan for green certificate issuance for distributed renewable energy projects in Zhejiang, Henan, and Guangdong provinces, focusing on a phased approach and practical experience for nationwide rollout [2][3]. - The plan aims to address challenges in measuring and managing distributed energy projects, which are complex due to their diverse stakeholders and decentralized nature [2][4]. Group 2: Importance of Green Certificates - Green certificates serve as the only proof of the environmental attributes of renewable energy in China, playing a crucial role in fostering a green consumption environment and accelerating the transition to sustainable production and lifestyles [1][2]. - The existing green certificate system has achieved full coverage, with policies in place to ensure that all renewable energy projects receive green certificates for their generated electricity [2][3]. Group 3: Challenges and Solutions - The complexity of measuring distributed energy projects poses significant challenges compared to centralized projects, necessitating improved management of measurement devices and data collection [4][5]. - The plan outlines six key tasks, including project registration and enhanced measurement management, to facilitate accurate green certificate issuance [2][4]. Group 4: Market Implications - The issuance of green certificates for distributed projects is expected to provide stable revenue streams for project owners, as their generated electricity will be included in the green certificate trading system [5][6]. - The value of non-tradable green certificates for self-consumed electricity is highlighted, as they still hold significance for companies needing to demonstrate green energy consumption [5][6]. Group 5: Market Development - The success of the green certificate market relies on its activity and completeness, with the potential for increased prices and additional revenue for renewable energy companies if the market is properly developed [7]. - The article emphasizes that the green value of renewable energy must be compensated through green certificates to ensure competitiveness against conventional energy sources [7].

Core Viewpoint - The document outlines a plan for the issuance of green certificates for distributed renewable energy generation projects in Zhejiang, Henan, and Guangdong provinces, aiming for full coverage by the end of 2025 [1]. Group 1 - The National Energy Administration has developed a work plan for the issuance of green certificates for distributed renewable energy projects in the specified provinces [1]. - The initiative is part of a broader effort to promote renewable energy consumption as mandated by the National Development and Reform Commission, the Ministry of Finance, and the National Energy Administration [1]. - The goal is to achieve basic coverage of green certificate issuance for distributed projects by December 2025 [1]. Group 2 - Other regions are encouraged to adapt this plan according to their local circumstances to advance the issuance of green certificates for distributed projects [2].