CSG Contributes to Full Coverage of Green Power at BFA Venues

A trade of 1 million kilowatt-hours of green power was recently completed through the regional green power trade system of southern China in Haikou, South China's Hainan Province, which will guarantee full coverage of green power at the venues for the Boao Forum for Asia (BFA) 2022.

Green power refers to that generated without carbon dioxide emissions and is generally produced from clean power sources such as solar, wind and biomass. At present, China's green power is mainly generated by solar, photovoltaic and wind.

Adhering to the green concept of the BFA this year, China Southern Power Grid (CSG) launched a platform where small and medium-sized enterprises can purchase green power, the first time such a trade had been enabled for SMEs in China. It played a key role in promoting green power trade between the BFA Hotel and the photovoltaic enterprises.

According to Chen Xiaowen, a staff member at the marketing department of the Hainan Power Exchange Center, the one-million kw-hour trade was the first green power trade in Hainan. Its volume equals that produced by burning 300 metric tons of standard coal, which reduces about 750 tons of carbon dioxide.

He added that the pilot trade shows the green and low-carbon development concept of the Hainan Free Trade Port.

A manager of the BFA Hotel said that it is the first time that the BFA venue has fully used green energy.

A manager of Olansi, a company focusing on the healthcare industry, said that the green power trade enables the SMEs to choose a power source. What's more, obtaining the green power trade certificate proves that the company uses green power during production, which improves competitiveness for product export and sets up a healthy and environmentally-friendly corporate image.

Several ministries in China have issued documents stating new requirements of green power trade, trying to create a market mechanism adapted to the new type of power system, launch green power trade pilots and improve green and low-carbon transformation of energy structure to serve China's goal of peaking carbon dioxide emissions by 2030 and reaching carbon neutrality by 2060.

(Executive editor: Niu Yilin)