recently, the state-owned assets supervision and administration commission (sasac) announced that as of november 27, the annual green electricity trading volume of china energy has exceeded 6 billion kilowatt-hours, showing a year-on-year growth of 111%. green electricity trading allows users to purchase electricity generated from renewable sources such as wind and photovoltaics through power transactions, accompanied by corresponding green power certificates. since the launch of green electricity trading in china in september 2021, china energy has actively participated in special green electricity transactions, such as those related to the winter olympics and asian games venues. the group has proactively engaged with power trading institutions and green certificate issuance organizations, enhanced policy communication and interpretation, and consistently promoted the green and low-carbon transformation of energy.
china energy 's subsidiaries, guohua investment and longyuan power, participated in green electricity trading in the northern hebei region, achieving a trading volume of 2.46 billion kilowatt-hours, a year-on-year increase of 107%, effectively reducing wind abandonment by 820 million kilowatt-hours. zhejiang power sales and qinghai new energy reached the first inter-provincial bilateral green electricity transaction, while jiangsu power sales and shanxi new energy completed the first inter-provincial centralized bidding green electricity transaction, using photovoltaics from the 'three-north' region to illuminate east china. in regions like shaanxi, xinjiang, shanxi, and inner mongolia, 4.6 billion kilowatt-hours of green electricity were traded with internal users, contributing to the realization of china national energy group's goal of 100% green electricity consumption across its entire industry.