BEIJING, Jan. 22 (Xinhua) -- While embracing green transformation of local economy, Tianjin, a north China-situated metropolis close to Beijing, saw local trade of green electricity for 2026 use exceed 10 billion kWh recently.
The 11.92 billion kWh of trading volume followed the 17.72 billion kWh of green electricity traded for 2025 there, which surged 143 percent from 2024 when 7.29 billion kWh of green electricity was transacted.
Since 2021 when green electricity trading kicked off in the city, related trading has been ballooning, injecting greater green impetus into local economic growth, according to data with Tianjin Power Exchange Center (TJPX).
Recently, centralized price bidding was adopted in local trading of green electricity from Qinghai, helping reduce its average green power trading price by 10.33 percent from last year's comparables together with other cost-trimming moves.
For instance, Tianjin upsized purchases of green electricity from Gansu Province and Xilingol League of Inner Mongolia Autonomous Region and encouraged direct power purchase-contract signing between local users and power plants.
Currently, green electricity has served as a dynamic green engine that enables high-quality development of Tianjin, where venues for the SCO summit and Summer Davos in 2025 consumed completely clean electricity last year.
Other local enterprises also reported eye-catching green power purchases for this year.
Tianjin also seized the "golden power supply periods" via precisely matching Xinjiang Uygur Autonomous Region's solar power generation with local power demand, resulting in 36 million kWh of off-peak power trading which largely alleviated its 2025 summer power use pressure.
With the Datong-Huailai-Southern Tianjin ultra-high voltage (UHV) power transmission project under construction, the city is likely to embrace more green electricity from external regions.
Meanwhile, more Tianjin enterprises are likely to opt for buying green electricity as State Grid Tianjin Electric Power Company, a shareholder of TJPX, strengthened connections between carbon emission and green power trading data to spur green power consumption.
(Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
A single purchase
