How do I pay electricity using Alipay & WeChat wallet?

To pay electricity, link your utilities account to the payment platform, then specify the amount of money you want to recharge. To complete the transaction, enter your six-digit Alipay or WeChat Wallet payment PIN.

Who can participate in the green power market?

For buyers, both commercial and industrial users and power sales companies which resell the power they purchase to households can participate in the green power market. As the Green Power Trading Pilot Work Plan is not publicly available yet, the qualification requirements on buyers are currently unclear.

How much will China's State Grid spend in 2024?

qtuvkfk9izi}4ix]zq8ftwkr_media_dl_1.png Source:China State Grid (Bloomberg) — State Grid Corp. of China will maintain its annual investment budget at over 500 billion yuan ($70 billion) in 2024, after spending hit a record last year in a bid to keep up with the nation’s world-leading expansion of clean energy.

Where is State Grid's Laiwu branch?

State Grid Corp's Laiwu branch in Jinan, Shandong province, is among the local power suppliers that are revving up efforts to facilitate the charging process for electric vehicles.

Will EV subsidies be phased out in 2022?

Purchase subsidies for EV consumers were phased out at the end of 2022. And, according to information gleaned by China Dialogue from an internal industry meeting, it is likely that other subsidies for EV producers, such as tax breaks, will also be phased out. Can China maintain its frenetic pace of transport electrification as subsidies disappear?

Do EV consumers get subsidies in China?

EV consumers in China, moreover, have received purchase subsidies from the government for a number of years. More than 200 billion yuan (US$28 billion) was spent on EV subsidies and tax breaks in China over the 2009-2022 period. In 2022, the country sold more than 6 million EVs, accounting for half of all sales globally.