China’s central administrative body, the State Council, has proposed integrating blockchain technology to enable full-chain verification of green electricity throughout its production and consumption lifecycle. The policy is part of a broader effort to create a unified national electricity market by 2030.
The directive calls for full-chain certification of renewable energy using distributed ledger systems, enhancing the traceability of green electricity use. Authorities are also considering ways to incorporate green certificates into carbon emissions calculations, which could strengthen the link between clean energy consumption and climate targets.
According to the plan, market-based electricity trading will account for about 70% of total consumption by the end of 2010. The government aims to have all electricity sources and most users able to participate directly in trading by that date, with the spot market fully operational by 2027.
This initiative extends the existing green certificate framework to recognize renewable energy generation and consumption. The authorities plan to establish both mandatory and voluntary mechanisms for certificate purchases, while monitoring prices to keep them within a reasonable range.
The State Council outlined additional market integration measures, including unified trading rules across provinces and eventual integration of regional power exchanges. Officials expect that by 2035, electricity resources will achieve an optimized allocation nationwide and price signals will fully reflect the environmental and capacity value of energy.
