Where do companies get pure green power?

China’s green power comes from the west of the country: Engineers inspect a solar plant in Yunnan

China plans to set up a trading scheme for green power. But a nationwide platform is still in its infancy. Meanwhile, ongoing reforms of the electricity market are contributing to making the trade of electricity from wind and sun more feasible in the future. Corporate demand for green power is high.

First the good news: In China, newly built wind and solar plants can mostly compete with the prices for coal-fired power – even smaller, decentralized solar roofs have become price-competitive. This is primarily due to the increased price of coal. And secondly, because it becomes increasingly affordable to start using renewable energies.

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