Qinghai, Fujian launch first cross-provincial green power trade
The power grids in China’s Qinghai and Fujian provinces have started their first-ever cross-provincial trading of electricity, marking a new step in the country’s green power transmission efforts, state media Xinhua reported. Under the deal, Qinghai will transmit 35 million kilowatt-hours of green electricity to Fujian over a 31-day trading cycle beginning May 1. The transaction was coordinated by the Beijing Power Trading Center, with participation from 24 power generation companies in Qinghai and nine electricity sellers in Fujian.