The annual report card of the national carbon market is released, and the cumulative trading volume of CEA is about 194 million tons

　　Sinochem New Network News On July 16, the national carbon emission trading market celebrated its first anniversary. According to data from the Shanghai Environment and Energy Exchange, as of the close of trading on July 15, 2022, the cumulative trading volume of carbon emission allowances (CEAs) in the national carbon market was about 194 million tons, with a cumulative turnover of about 8.49 billion yuan, making it the world's largest carbon spot market.

　　After the operation of the first compliance cycle, the carbon market has broken through the blockages between the key links, the overall operation of the market is stable, and the incentive and restraint effect has also been initially revealed, and the quota compliance rate in the first compliance cycle is 99.5%. As of the end of December 2021, a total of 2,162 key emitting enterprises in the power generation industry were included, covering about 4.5 billion tons of carbon dioxide emissions annually, and the cumulative trading volume of carbon emission allowances was 179 million tons, with a cumulative turnover of 7.661 billion yuan.

　　According to statistics, since the launch of the national carbon market, the lowest closing price is 41 yuan/ton, and the highest is 62 yuan/ton. The carbon price started at 48 yuan/ton, and as of July 15, the closing price was 58.24 yuan/ton, up 21% from the opening price on the first day.

　　Liu Jie, general manager of the Shanghai Environment and Energy Exchange, said, "In terms of operational results, the overall rhythm of the national carbon market in the first year of opening has been stable and orderly, and it has initially shown the function of promoting corporate emission reduction and forming carbon pricing. The fluctuation of market prices is also within a reasonable range, which can better reflect the actual supply and demand of the market. ”

　　In order to improve the trading activity of the national carbon market, the industry generally believes that the national carbon market should expand the scope of the industry as soon as possible, introduce institutional investors, enrich the trading varieties and trading methods, and accelerate the introduction of the "Interim Regulations on the Administration of Carbon Emission Trading", improve the management of the national carbon market from the institutional point of view, and use artificial intelligence and blockchain technology to strengthen carbon data management.

　　According to Liu Jie, the next step of the Shanghai Environment and Energy Exchange will be to cooperate with the national competent authorities to accelerate the introduction of carbon trading related laws and regulations, refine the relevant rules of the trading market, and further standardize and improve the national carbon market trading and supporting systems. At the same time, we will deepen and improve the trading mechanism, form a diversified market structure, and gradually expand the market coverage under the premise of the stable operation of the carbon market in the power generation industry; Enrich trading varieties and trading methods, and form a diversified market structure and trading needs.