China’s NDRC Sets Up Accounting Rules for Non-Fossil Power Use

China’s National Development and Reform Commission and other agencies on Monday issued guidelines for accounting non-fossil fuel electricity consumption.

• Accounting rules aim to ensure that each kilowatt-hour of non-fossil electricity is only counted once and assigned to a single entity
• Designed to be incorporated with renewable energy consumption targets
• Green energy certificates produced by renewable generation must be anchored to real electricity flows and must be consumed at the time they were generated

To contact Bloomberg News staff for this story:
Dan Murtaugh in Beijing at dmurtaugh@bloomberg.net

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