China’s State Council, the country’s central executive authority, has proposed integrating blockchain technology to enable the full-chain verification of green electricity throughout the production and consumption life cycle. The policy is part of a broader effort to build a unified national energy market by 2030.
The directive has called for full chain certification of renewable energy using distributed ledger systems, strengthening the traceability of green energy use. Officials are also exploring options to include green certificates in carbon emissions accounting, potentially strengthening the link between clean energy consumption and climate goals.
Under the plan, market-based electricity transactions would account for about 70% of total consumption by the end of the decade. The government aims to have all energy sources and most users participating directly in trading by that date, with spot markets fully operational by 2027.
The initiative expands an existing green certificate framework that recognizes sustainable generation and consumption. The authorities plan to introduce both mandatory and voluntary mechanisms for purchasing certificates, while monitoring prices to keep them within reasonable limits.
The State Council has outlined additional market integration measures, including uniform trade rules in all provinces and the eventual consolidation of regional energy exchanges. Officials expect that by 2035, electricity sources will be optimized nationwide, with price signals fully reflecting energy environmental and capacity values.