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The National Energy Administration recently announced that the NationalEnergy Administration will cooperate with the Ministry of Ecology andEnvironment and other departments to link green power trading, greencertificate trading and carbon emissions trading, and study the inclusion ofhousehold photovoltaic in the carbon emissions trading market.

Household photovoltaic has the advantages of local development and construction,local consumption and utilization, and is the key direction of photovoltaicpower generation development. It can not only effectively use building roofs,solve land constraints faced by photovoltaic power generation development, helpcarbon peak and carbon neutral targets, but also fully mobilize personalenthusiasm to help rural revitalization. In recent years, a series of policiesand measures have been introduced to support the development of householdphotovoltaic: first, establish differentiated price subsidy policies. HouseholdPV enjoys the full power subsidy policy. Before 2018, the subsidy standard forhousehold PV kilowatt hour is 0.42 yuan/kilowatt hour, and is not limited tothe construction scale; Since 2019, household PV has adopted a separatemanagement mode. Each year, according to the total amount of annual newsubsidies determined by the state, the subsidy amount is cut separately, thefixed subsidy standard is provided, and the scale of subsidy construction isdetermined. There is no need to participate in competitive configuration, andthe subsidy standard is always higher than that of other types of photovoltaicpower generation projects. In 2021, PV power generation projects other thanhousehold PV will no longer enjoy the central financial subsidy, whilehousehold PV will still enjoy the subsidy standard of 0.03 yuan/kWh. Second, inSeptember 2021, the Notice on Publishing the Pilot List of Roof Distributed PVDevelopment in the Whole County was issued, which brought a total of 676counties into the pilot area, fully mobilizing the enthusiasm of all parties.Third, in October 2021, the Energy Administration, together with ninedepartments including the National Development and Reform Commission, jointlyissued the "Fourteenth Five Year" Renewable Energy Development Plan,which clearly proposes to comprehensively promote the development ofdistributed photovoltaic and implement the "light bathing action forthousands of households". Fourth, in May this year, the General Office ofthe State Council forwarded the Implementation Plan on Promoting the HighQuality Development of New Energy in the New Era issued by the NationalDevelopment and Reform Commission and the National Energy Administration,clearly proposing to encourage local governments to increase efforts to supportfarmers to use their own building roofs to build household photovoltaic,improve the integrated application technology system of photovoltaic buildings,and expand the consumer group of photovoltaic power production. According tostatistics, as of the end of June this year, the newly installed capacity ofdistributed photovoltaic power generation was 19.65 million kilowatts,accounting for about two-thirds of the newly installed capacity of photovoltaicpower generation this year; The cumulative installed capacity is about 130million kilowatts, accounting for more than one third of the total installedcapacity of photovoltaic power generation.

The household photovoltaic power is included in the green power and greencertificate trading market. In 2017, the National Energy Administration,together with the National Development and Reform Commission and the Ministryof Finance, jointly issued the Notice on the Trial Implementation of theRenewable Energy Green Power Certificate Issuance and Voluntary SubscriptionTrading System, which initiated the issuance and voluntary subscription ofrenewable energy green power certificates (hereinafter referred to as greencertificates) nationwide, and guided the whole society to achieve green powerconsumption by subscribing to green certificates. In August 2021, the NationalEnergy Administration and the National Development and Reform Commissionjointly issued the Reply on the Pilot Work Plan for Green Power Trading, which approvedthe grid enterprises to organize green power trading, encouraged willing newenergy enterprises and users to participate voluntarily, and formed green powertrading prices through independent negotiation between the two parties, so asto better reflect the green environmental attribute value of new energy powergeneration. Since the issuance of the document, the Energy Administration haspromoted the establishment of a set of standardized and effective greencertificate issuance and trading systems, initially promoting the whole societyto form a better consensus on active consumption of green electricity. Inaddition, the Implementation Plan again clearly proposes to carry out greenpower trading pilot, improve green power certificate system, promote greenpower certificate trading, and support new energy projects to carry out directtrading with users. In the next step, the Energy Administration will work withrelevant parties to improve the green power trading and green certificatesystem, actively study the incorporation of household photovoltaic into thegreen power and green certificate trading markets, and further support thedevelopment of household photovoltaic.