On November 15, Beijing Energy International completed its first international green certificate deal which involves 680,000 international renewable energy certificates (I-REC), marking a new breakthrough in international green certificate trade.
As an internationally recognized standard for businesses and end-users to book and make a claim about the use of renewable energy such as wind, solar, and hydro power, etc., I-REC represents the environmental attributes of the generation of renewable energy. At present, increasing income stream through green power and green certificate trade has become a key trend of power marketing.
The company keeps a close eye on the dynamics of green power policies in various provinces and cities and green certificate market at home and abroad, and actively cultivates new derivative business such as green power and green certificates. In the future, it will continue expanding its business in the broader electricity sales market by exploring new business such as electricity spot trading, green electricity trading, and green certificate trading. At the same time, it will continue to follow closely the new derivative business and markets, strengthen business synergy among subsidiaries, create a diverse portfolio of electricity marketing, to facilitate its high-quality and rapid development, and contribute to the early realization of the national dual carbon goal.