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China’s Grid Heeds Xi’s Call for More Supply of Clean Energy

  • State Grid will allow electricity to trade across provinces
  • China plans a huge renewables expansion in the interior
The Golmud Solar Park In Qinghai, One Of China's Six Clean Energy Pilots
Photographer: Qilai Shen/Bloomberg

China’s biggest grid company will create a forum that’ll allow for widespread power trading across provinces, part of the government’s efforts to smooth out supply and enhance the availability of clean energy. 

The new spot market to allow generators and their customers to buy and sell electricity will be hosted on the Beijing Power Exchange Center, State Grid Corp. of China said Wednesday. The announcement preceded comments from President Xi Jinping calling for a better nationwide system for sharing power, which were reported by the official Xinhua News Agency.