After Shanghai initiated the “Green Power Mechanism” for the first time, a group of chemical companies are expected to become the second batch of “green” subscription units. At present, these enterprises have started online registration.

"Green power" means generating electricity from renewable energy such as solar energy, wind energy, geothermal energy, and biomass energy. The benefits of adopting “green power” are not only the reduction of carbon dioxide generated by coal-fired power, the alleviation of regional environmental pollution, but also the improvement of the utilization rate of renewable energy. At present, Fengxian District of Shanghai Chemical Industry Zone has installed four 0.85 MW wind turbines with an annual power generation of 6.1 million kWh. By the end of June this year, 20 MW wind farms in Chongming County and Nanhui District will be completed and put into operation. It is estimated that the annual power generation will be 53.68 million kwh.

According to the person in charge of the Shanghai Municipal Energy Conservation Supervision Center, the current price of “green power” in Shanghai is slightly higher than that of coal power, but the launch of the green power mechanism is a case for some chemical companies with high energy consumption, products, and markets. Good things, because these companies use a large amount of electricity, and their own economic strength, the purchase of "green" can not be limited by the amount, which for chemical companies to overcome the power bottlenecks, the development of production opportunities.

Prior to this, the first batch of 15 units had signed a “Green Power” agreement with Shanghai Electric Power Company for 1 to 3 years with electricity consumption of 60,000 to 1.2 million kWh. The relevant departments issued honorary medals to these first batch of 15 users. These units can use the “Green Power” logo in their products as required.

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