Electricity sales energy storage and photovoltaics

Offshore photovoltaics were first proposed by the National Energy Administration in April last year. Experts said there is significant growth potential for offshore photovoltaics, which leverage vast ocean areas and abundant sunlight to overcome land limitations and provide a new platform for solar power generation.

Experts said there is significant growth potential for offshore photovoltaics, which leverage vast ocean areas and abundant sunlight to overcome land limitations and provide a new platform for solar power generation. Offshore photovoltaics also ease energy supply pressures in the eastern regions of China, and boost economic growth.

Reports indicate that about 30 gigawatts of offshore photovoltaic projects have been announced or initiated recently," said Jiang Hua, deputy secretary-general of the China Photovoltaic Industry Association. "Additionally, the industry's ongoing cost reductions and efficiency improvements have broadened its economic potential," he said.

Offshore photovoltaics can utilize tidal flats, islands, nearshore areas and even deep-sea locations, helping to alleviate land resource constraints, Lin said. Before Shanghai's initiative to develop offshore solar power, provinces like Shandong and Zhejiang had already introduced policies to promote the development of offshore photovoltaics.

Green electricity trading prices encompass both the value of electrical energy and the environmental benefits. Power generation enterprises will be categorized based on criteria such as a receipt of national subsidies and the origin of low-cost electricity.

The rules and norms for accounting for green electricity consumption will be refined through the power trading platform and accounting system. A database of corporate green electricity consumption will be created, providing detailed green electricity consumption lists and reports.