Several Chinese departments have immediately approached the Southern Power Grid Corporation, as well as the State Grid Corporation of China, with an official request to promote the active development of transactions related to green energy.
In developing a plan to minimize carbon emissions, led by experts and scientists from energy companies, Chinese organizations have concluded that today the country has all the conditions for the further development of the ecological energy market.
According to the representative of the National Development and Reform Commission of the People's Republic of China, the use of blockchain as a technological base allows you to designate detailed data about each section in the generation of clean energy. Including, the volumes of its consumption, pricing, and other calculations related to this industry. In addition, following the ban on mining and the pursuit of zero carbon emissions, more and more companies want to join the Green Initiative. At the same time, some of them are ready to pay extra for the ecological properties of such energy.
With the aim of further research and development, two green energy trade offices will be opened in regions that have demonstrated a high level of readiness to consume it. The statement of the departments referred to Beijing and Guangzhou.
Along with ambitious plans to market clean energy, the National Energy Administration has filed a patent for blockchain certificates. They were created specifically for green energy transactions.
In the future, representatives of the National Development and Reform Commission of China intend to solve the problem of carbon emissions not only on the territory of their country but also aim at solving global energy problems that have arisen around the world over the past several decades.
After the start of the pilot project, other regions of the PRC can also apply to participate in the program. But to do this, they will first of all be required to create an enabling environment for green energy trade.
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