On Dec. 30th2021, the acceptance meeting of the State Grid Tianjin Electric Power Company project “Research on the Legal Aspects of Grid Enterprise’ Participation in the Carbon Market Policy and Its Impact on the Company System” lead by Professor Shi Xueying, Vice Dean of Nankai University Law School, was successfully held in the Legal Department of State Grid Tianjin Electric Power in an online and offline manner.
The members of the evaluation expert group were Liu Chunrui, Deputy Director of the Legal Department of State Grid Corporation, Zhao Haifeng, Director of the Legal Department of State Grid Beijing Electric Power, Liu Jin, Director of the Innovation Office of the Management Institute of State Grid Energy, Yuan Hongwei, Director of Tianjin Weirui Law Firm, Han Yanwei, Deputy Director of Tianjin Street Light Management Office, and Shu Xuemei, General Legal Counsel of Sanyuan Corporation. The meeting was chaired by Zhou Qun, General Counsel and Director of the Legal Department of State Grid Tianjin Electric Power.
At the acceptance meeting, Professor Shi Xueying, who is in charge of the project, gave a detailed report to the experts from the research background, research foundation, research process and the content of the results. Starting from the participation of power grid enterprises in the mandatory carbon emission trading market and Chinese Certified Emission Reduction (CCER), Professor Shi introduced the policy and regulatory basis for the construction of carbon emission market, the current policy and practice of power grid enterprises in the carbon market, the legal relationship and transaction types of carbon emission trading, the path of power grid enterprises in the carbon market, and the methodology and possible path of power grid enterprises in the development of CCER projects. In addition, Professor Shi Xueying highlighted the preparatory work that grid enterprises should do in the carbon market to achieve the “double carbon target”, analyzed the possible policy and legal risks they may face and made corresponding suggestions.
The Legal Department of State Grid Tianjin Electric Power reported on the effectiveness of the research and application of the project from the aspects of suggestions related to the construction of enterprise system, participation in carbon trading, carrying out carbon asset management contracts and managing risks. After listening carefully to the report of the project leader, the experts of the evaluation group made comments, highly recognized the content and results of the project research, and fully exchanged views on the main points of the report made by the project group, and put forward constructive suggestions for deepening the project results. The project evaluation experts unanimously agreed that the project research is clear, theoretically solid, methodologically scientific, and the project research results are fruitful and effective, with strong foresight and practicality.
At the end of the meeting, Professor Shi Xueying expressed his sincere gratitude to the panelists for their suggestions and said that the project team would further their research results after the meeting.