Core Insights - The National Energy Administration issued 278 million green certificates in June, representing a month-on-month increase of 29.33% [1] - A total of 1.987 million renewable energy projects were involved, with 196 million tradable green certificates, accounting for 70.64% of the total [1] - From January to June, the total number of green certificates issued reached 1.371 billion, with 958 million being tradable [1] Green Certificate Trading - In June, 60.91 million green certificates were traded nationwide, including 10.33 million green electricity trading certificates [1] - The total number of green certificates traded from January to June was 348 million, with 10.7 million being green electricity trading certificates [1] - The average trading price for green certificates in June was 3.40 yuan per certificate, reflecting a month-on-month increase of 24.77% [1]

Green Certificate Issuance - In June 2025, the National Energy Administration issued 278 million green certificates, a month-on-month increase of 29.33%, covering 198,700 renewable energy generation projects, with 196 million being tradable green certificates, accounting for 70.64% [1] - From January to June 2025, a total of 1.371 billion green certificates were issued, of which 958 million were tradable [1] Renewable Energy Generation Types - In June, the issuance of green certificates by renewable energy generation type included: - Wind power: 11,078 - Solar power: 6,994 - Conventional hydropower: 8,226 - Biomass power: 1,330 - Other renewable energy: 171 - Total green certificates issued in June: 27,799, and from January to June: 1,371,122 [3] Green Certificate Trading - In June 2025, a total of 60.91 million green certificates were traded nationwide, with 10.33 million being green electricity trading certificates. From January to June, 348 million green certificates were traded, including 107 million green electricity trading certificates [4] - In June, the average trading price of green certificates was 3.40 yuan per certificate, with a month-on-month increase of 24.77% [6] Trading by Renewable Energy Generation Types - In June, the trading of green certificates by renewable energy generation type included: - Wind power: 2,927 - Solar power: 2,364 - Biomass power: 678 - Other renewable energy: 122 - Total green certificates traded in June: 6,091, and from January to June: 34,826 [6]

国家能源局举行新闻发布会 可再生能源发电量再上新台阶。可再生能源发电量接近全国总发电量的四成，超过同期第三产业用电量 与城乡居民生活用电量之和。风电、光伏新增发电量超过全社会用电量增量。今年上半年，全国可再生 能源发电量达17993亿千瓦时，同比增加15.6%，约占全部发电量的39.7%，超过同期第三产业用电量 （9164亿千瓦时）与城乡居民生活用电量（7093亿千瓦时）之和；其中，风电、太阳能发电量合计达 11478亿千瓦时，同比增长27.4%，在全社会用电量中占比达到23.7%，较去年同期提高4.4个百分点。风 电、光伏合计发电量较去年同期增加2470亿千瓦时，超出全社会用电量增量。下面，分别介绍主要可再 生能源发电品种的有关情况。 （一）水电建设和运行情况。2025年上半年，全国新增水电并网容量393万千瓦，其中常规水电110万千 瓦，抽水蓄能283万千瓦。截至今年6月底，全国水电累计装机容量达4.4亿千瓦，其中常规水电3.79亿千 瓦，抽水蓄能6129万千瓦。今年上半年，全国规模以上水电累计发电量5398亿千瓦时，全国水电累计平 均利用小时数为1377小时。 （二）风电建设和运行情况。今年上半年，全国 ...

Core Insights - Renewable energy is not only cost-competitive compared to fossil fuels but also reduces dependence on international fuel markets and enhances energy security [1][2] - The business case for renewable energy is stronger than ever, driven by technological advancements and improved supply chains, although short-term challenges remain [2][5] - International cooperation is essential to protect the achievements of the energy transition, ensuring open and resilient supply chains, and establishing stable policy and investment frameworks [5] Cost Competitiveness - In 2024, solar photovoltaic power is expected to be 41% cheaper than the lowest-cost fossil fuel electricity, while onshore wind projects will be 53% cheaper [1] - Onshore wind remains the most affordable new renewable energy source at $0.034 per kilowatt-hour, followed by solar photovoltaic at $0.043 per kilowatt-hour [1] - The addition of 582 gigawatts of new renewable energy capacity in 2024 is projected to save approximately $57 billion in fossil fuel costs [1] Structural Challenges - Rising costs in Europe and North America are influenced by structural challenges such as permitting delays and limited grid capacity, while regions like Asia, Africa, and South America may see significant cost reductions due to their renewable energy potential [2] - Integration costs are becoming a new constraint for renewable energy deployment, particularly in G20 and emerging market countries, necessitating accelerated grid investments [3] Financing and Investment - Financing costs are a critical factor in project feasibility, with high capital costs in many developing countries significantly increasing the levelized cost of electricity (LCOE) for renewables [3] - Stable and predictable revenue frameworks are crucial for reducing investment risks and attracting capital, with tools like Power Purchase Agreements (PPAs) playing a key role [2] Technological Advancements - Battery storage systems and hybrid systems combining solar, wind, and storage are increasingly vital for integrating intermittent renewable energy [4] - The cost of utility-scale storage systems is projected to reach $192 per kilowatt-hour by 2024, a 93% decrease since 2010, driven by manufacturing scale and technological improvements [3] Future Outlook - The total savings from all operational renewable energy projects in 2024 are estimated to reach $467 billion in fossil fuel costs [5] - The transition to renewable energy is irreversible, but its pace and equity depend on today's choices regarding international cooperation and investment frameworks [5]

Core Insights - Croatia's energy sector shows a significant reliance on imported electricity despite a high share of renewable energy capacity [2][3] - The renewable energy generation in Croatia has reached a record high, with a notable increase in wind and solar power output [2] Group 1: Renewable Energy Capacity - As of early July, Croatia's total installed power generation capacity is 5793 MW, with renewable energy accounting for 4733 MW, representing 81.7% of the total [2] - Non-renewable energy capacity stands at 1060 MW, making up 18.3% of the total [2] Group 2: Electricity Generation Breakdown - In Q2, the total electricity generation from renewable sources, including hydropower, was 2506 GWh, marking a 20.3% year-on-year increase [2] - Wind power generation reached 723 GWh (+44.3%), solar power 338 GWh (+71.6%), and biomass and biogas 231 GWh (+5.5%) [2] - Hydropower contributed 1190 GWh (27.3%), while nuclear power from the Krško plant generated 758 GWh (17.4%), and thermal power produced 285 GWh (6.5%) [2] Group 3: Electricity Imports - Electricity imports amounted to 754 GWh, accounting for 17.3% of total generation, with an estimated import cost of nearly €64 million at an average market price of €84.69/MWh [2] Group 4: Future Outlook and Recommendations - The Renewable Energy Association emphasizes the need to accelerate renewable energy project development to reduce dependence on imports and ensure stable energy supply amid changing climate and market conditions [3] - Investment in grid and energy storage systems is crucial for establishing a modern, flexible grid that can integrate renewable energy and enhance system stability [3]

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].

Core Viewpoint - The National Energy Administration has issued a work 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 December 2025 [1] Group 1 - The work plan aims to explore the implementation of full coverage for green certificate issuance in distributed renewable energy projects in the specified provinces [1] - The initiative is part of a broader strategy to promote renewable energy and enhance sustainability in the energy sector [1] - The target is to achieve basic full coverage of green certificate issuance for distributed projects by the end of December 2025 [1]

Group 1: Green Certificate Issuance - In May 2025, the National Energy Administration issued 215 million green certificates, a month-on-month decrease of 0.59%, covering 127,100 renewable energy generation projects, with 130 million tradable green certificates, accounting for 60.31% [1] - From January to May 2025, a total of 1.093 billion green certificates were issued, of which 762 million were tradable [1] - The breakdown of green certificate issuance by renewable energy type in May includes: Wind power (82,32), Solar power (40,55), Conventional hydropower (74,48), Biomass power (16,37), and Other renewable energy (123), totaling 21,495 [3] Group 2: Green Certificate Trading - In May 2025, a total of 29.87 million green certificates were traded nationwide, including 10.05 million green electricity trading certificates [4] - From January to May 2025, a total of 287 million green certificates were traded, with 96.23 million being green electricity trading certificates [4] - The trading of green certificates in May included 19.82 million certificates with an average trading price of 2.73 yuan per certificate, reflecting a month-on-month increase of 18.12% [5]

Core Insights - PwC's report highlights that Chinese companies are innovating and optimizing operational models to navigate the dual challenges of artificial intelligence and climate change, focusing on restructuring and optimizing their operational systems rather than merely applying technology [1][3] Group 1: Value Creation - By 2025, Chinese companies are projected to create up to $1.66 trillion in value through business model transformation, contributing to a global market value increase exceeding $7 trillion [2] - The report emphasizes that over 31,000 smart factories in China's manufacturing sector are utilizing AI, with over 230 factories reducing product development cycles by an average of 28.4% and cutting carbon emissions by an average of 20.4% [3] Group 2: Renewable Energy Leadership - China holds 40% of the world's green technology patents, which are being transformed into tangible benefits through new operational systems, supporting the country's dual carbon goals [3] - The report predicts that by 2025, China's renewable energy generation will surpass that of fossil fuels, further advancing its dual carbon objectives [3] Group 3: Strategic Recommendations - Companies are advised to reassess and formulate new business, operational, and energy strategies to adapt to the evolving global landscape, leveraging advancements in AI to optimize key processes [3][4] - PwC suggests that Chinese companies should move beyond a "follow the leader" strategy, prioritizing innovation in business, operations, and energy models to build a solid foundation for long-term growth [4]

Core Insights - The proportion of renewable energy used for electricity generation in Israel has increased from less than 20% before the war to 40% currently [1] Group 1 - The significant rise in renewable energy usage indicates a shift in Israel's energy strategy [1]