China’s green power trading volume topped 220 billion kilowatt-hours (kWh) in the first five months of 2025, up nearly 50% year-on-year, according to the China Electricity Council (CEC) at the 2025 Power Market Development Forum.
Source: Xinhua
China’s green power trading volume topped 220 billion kilowatt-hours (kWh) in the first five months of 2025, up nearly 50% year-on-year, according to the China Electricity Council (CEC) at the 2025 Power Market Development Forum. The rapid growth reflects the accelerating integration of renewable energy into market-based trading systems. Since 2016, China’s total market-based electricity trading volume has surged from 1.1 trillion kWh to 6.2 trillion kWh in 2024. Its share of total electricity consumption has grown from 17% to 63%, marking a significant shift toward market-driven allocation of power resources.
As the country’s installed renewable capacity and generation continue to set new records, renewables are playing an increasingly central role in market competition. In 2024, market-traded renewable electricity surpassed 1 trillion kWh, accounting for 55% of total renewable generation. This is the first time that more than half of China’s renewable power entered the electricity market, signaling that renewables are now fully equipped to participate in market transactions.
Yang Kun, Executive Vice Chairman of the CEC, said that the country’s growing appetite for green consumption and the rapid expansion of green power trading underscore the environmental value of renewable electricity. He added that the trend enhances corporate competitiveness and is driving the transition to a low-carbon energy system.
China’s grid infrastructure has also seen major improvements in capacity and connectivity, with cross-provincial transmission capacity now exceeding 300 million kilowatts. On June 5, 2025, the Beijing and Guangzhou Power Exchange Centers, along with the Inner Mongolia Power Exchange, jointly organized a landmark green power trade. The transaction connected western Inner Mongolia and Gansu with Guangdong, delivering 16.37 million kWh of green electricity and increasing Guangdong’s maximum single-day green power absorption by 200,000 kilowatts. It was the first time a green power deal crossed three market regions, marking a key milestone in the cross-regional optimization of renewable energy resources.
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