Green power trading closer to center stage as nation's energy mix cleaner

The surge in China's green power trading volume is a remarkable indicator of the increasing adoption and market integration of renewable energy, suggesting strong demand for green electricity and a maturing trading platform facilitating these transactions, said industry experts.

China's green power trading volume surged nearly 50 percent year-on-year in the first five months of the year, exceeding 220 billion kilowatt-hours, the China Electricity Council (CEC) said last week.

This, according to industry experts, highlights a successful move away from traditional planned dispatch toward market-driven resource allocation, and is crucial for improving efficiency, reflecting true supply-demand dynamics and enabling the effective integration of variable renewable sources.