AsiaREC has facilitated the launch of the first hourly matching pilot in China. The pilot launched in Yantai, China with Shandong Luneng Group and Wanhua Chemical Group, has successfully matched hourly renewable generation with industrial load backed by the purchase of 5000 MWh of Green Electricity Certificates and related hourly data. This initiative signals China’s ability to scale hourly carbon accounting in response to evolving EU and international compliance and best practices.
Key takeaways:
- AsiaREC successfully demonstrated hourly matching between renewable generation and industrial consumption, proving technical feasibility while ensuring alignment with China’s robust GEC system to ensure trusted green claims.
- The pilot supports future compliance with evolving international regulations like the EU’s Green Hydrogen rules, which require hourly carbon accounting by 2030. And upcoming rules like CBAM which may do the same.
- By layering hourly data onto China’s robust GEC framework, the initiative enables transparent, market-driven signals that promote clean energy deployment and grid decarbonization.
Next steps:
- Expand the pilot to start matching other Wanhua plants.
- Develop a dashboard that is able to automate the matching process.
- Develop the AsiaREC Registry to track the matching data and perform tracking using the EnergyTag configuration 3 methodology.
