2023 Chinese Enterprises Green Electricity Transaction Ranking Released Alibaba ranks first among buyers in the industry – Economic Observer Network

2023 Chinese enterprise green electricity transaction rankings released, Alibaba ranks first among buyers in the industry

The ranking of buyers of green electricity transactions among Chinese enterprises in 2023 is Alibaba Group, Baosteel Co., Ltd. (Baoshan Base), Luxshare Precision, BMW Group China, and Tencent.

Recently, Bloomberg New Energy Finance (BloombergNEF) released the “2023 Green Power Transaction Ranking of Chinese Enterprises”. In the green electricity transaction buyer rankings, Alibaba ranked first in the entire industry with 1.61 billion kilowatt-hours, and it ranked first in the technology industry for the second year. Platform companies have become an important force in green electricity trading and are promoting the clean development of the industry.

This list summarizes the most active buyers and sellers of domestic companies in the green electricity trading market based on public information. The ranking of buyers of green electricity transactions among Chinese enterprises in 2023 is Alibaba Group, Baosteel Co., Ltd. (Baoshan Base), Luxshare Precision, BMW Group China, and Tencent. Alibaba Group’s green power purchase volume is 710 million kilowatt-hours more than the second-place Baosteel Co., Ltd. (Baoshan Base).

In the last issue of the “2022 Green Electricity Transaction Ranking of Chinese Enterprises” released by Bloomberg New Energy Finance, Alibaba ranked first in the technology industry with 860 million kilowatt-hours of green electricity, ranking second in the entire industry.

It is worth noting that this year, the list adds the category “proportion of green electricity to overall electricity consumption” for the first time. According to this category, Alibaba ranks third, followed by BMW Group China and Luxshare Precision.

The “2023 Chinese Enterprise Green Electricity Transaction Ranking” shows that technology giants, heavy industry companies, car companies and advanced manufacturers are the most active in the green electricity market. In 2023, the total green electricity consumption of the top five green electricity buyers will increase by approximately 95% year-on-year. Bloomberg New Energy Finance said that improving transaction transparency will help promote the scale of the corporate green power market.

According to the “2023 Alibaba Environmental, Social and Governance Report” (hereinafter referred to as the “Report”) released by Alibaba in July 2023, the proportion of clean energy is rising rapidly. In fiscal year 2023, the ratio of clean energy usage to total electricity consumption in data centers within Alibaba’s operational control increased from 21.6% in fiscal year 2022 to 53.9%.

Take Alibaba Zhangbei Data Center as an example. Since 2018, Zhangbei Data Center has participated in Zhangjiakou’s “Four-Party Collaboration” wind power transaction and has taken the lead in participating in the national green power trading market. In Alibaba’s 2023 fiscal year (April 1, 2022 to April 1, 2023), Zhangbei Data Center traded a total of 540 million kWh of clean electricity, a year-on-year increase of 94.2%. At the same time, Alibaba is committed to creating sustainable retail venues. Sun Art Retail has reduced carbon emissions by 59,888 tons by laying rooftop photovoltaics and trading clean electricity supply; Intime has actively promoted the use of clean electricity to reduce carbon emissions by 211,701 tons. Intime Department Store Hangzhou Wulin Store has taken the lead in achieving carbon neutrality. and.

The carbon saving and emission reduction brought by clean energy, together with other carbon reduction measures, have brought significant results to Alibaba’s carbon emission reduction. The “Report” shows that in fiscal year 2023, Alibaba Group’s net carbon dioxide emissions from its own operations (scope 1+2) were 4.681 million tons, a year-on-year decrease of 12.9%; carbon reduction was 1.419 million tons, a year-on-year increase of 128.9%; value chain (scope 3) Carbon intensity decreased by 5.7% year-on-year.

As early as the end of 2021, Alibaba released the first carbon neutrality action report for domestic Internet technology companies. In the report, Alibaba stated that in addition to purchasing renewable energy, it will also prioritize direct carbon reduction over elimination and elimination. Achieve carbon neutrality in the order of “offsetting”.

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