The production line of Kunming Xuelan Milk Co., Ltd. [Photo provided]

According to the Management Committee of Kunming Area of China (Yunnan) Pilot Free Trade Zone (Kunming Economic Technique Development Zone), Kunming Power Trading Center has issued more than 170 "green electricity vouchers" so far. Dong Jia, deputy director of the System Innovation Department of the Kunming Area, introduced that the government will work with enterprises to continuously promote the scale of green power consumption, and is committed to building the Kunming Area into a zero-carbon emission demonstration zone.

Notice on further deepening the market-oriented reform of electricity price for coal-fired power generation published on October 11, 2021. The notice expresses that the National Development and Reform Commission (NDRC) will promote industrial and commercial users to enter the electricity market and cancel the price of electricity under industrial and commercial catalogs.

"Electricity retailers can shelve electricity packages on the 'LaiTaoDian' platform, and electricity consumers can choose and purchase different electricity packages. It is as convenient as topping up the phone," Dong added.

Kunming Xuelan milk Co., Ltd. has been involved in power trading since 2017. Li Jianfeng, the senior equipment engineer of the company, said that the company’s electricity cost was significantly reduced after participating in the power trading, and the monthly electricity cost could be saved by 70,000 to 100,000 yuan. The company also increased the proportion of renewable energy, which currently accounts for 86.41% of the total electricity consumption. "We will investigate the factory in Kunming to achieve zero-carbon emissions," Li added.

More than 100 power sales companies have settled in the "LaiTaoDian" platform since its launch, selling over 30,000 electricity packages. In 2021, the retail transaction electricity volume has exceeded 30 billion kWh. Yunnan's market-oriented electricity trading volume has accounted for more than 80% last year, ranking first in China.

Dong Jia said that there is great potential for the development of renewable energy through the "laitaodian" platform. All "green energy brand" power consumption enterprises such as green aluminum and green silicon industries in Yunnan have entered the market for trading. Making good use of green electricity vouchers can enhance the competitiveness of enterprises in the international market.

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(Editors: Rachel, Lexi)