Ningxia Completes First Hourly Green Power Trade Settlement

The shift from monthly to hourly accounting is the real story here: it changes green power from a volume-matching exercise into a time-matched one, which is a much harder standard to meet and a more credible basis for traceability claims. This matters most for energy-intensive industrial buyers like aluminum smelters, whose green credentials increasingly face scrutiny from downstream customers and export markets. Whether other provinces follow Ningxia's lead on hourly settlement — and whether hourly matching becomes the benchmark buyers actually demand — is the open question worth watching.