Recently, Beijing Energy International actively participated in Beijing’s inter-province green power trading organized by Beijing Power Exchange Center (BJ PX) and Capital Power Exchange Center, fully communicated with the parties generating and selling electricity in order to tap users’ demand for green power, and it successfully completed the initial transaction under the “Green Power to Beijing” Project, marking a remarkable breakthrough in this field.

As a pioneer in the mixed ownership reform of state-owned enterprises, the company has been thoroughly implementing the national dual carbon strategy and fulfilling the responsibility of serving the capital city. Since the green power sales business started in April 2022, the company has actively adapted to market dynamics, studied the policies of green power trading, continuously expanded market resources in northern Hebei and Shanxi, prioritized Beijing’s green power users, and steadily promoted its business under the “Green Power to Beijing” Project. This transaction involved 13.48 million kWh of green power for Beijing’s power users, with a premium of 0.048 yuan per kWh enrolled, which helped transfer green environmental rights and interests of new energy, effectively meet users’ demand for clean and low-carbon energy and boost the green and low-carbon transformation and development of Beijing.

Moving forward, the company will continue to follow the dynamics of green power trading market, further expand the business under the “Green Power to Beijing” Project, help energy-using companies broaden the path of emission reduction, and accelerate the construction of a new power system with new energy as the main body to boost the green and high-quality development of Beijing.