Core Viewpoint - Hubei's electricity spot market officially commenced after 416 days of trial operation, becoming the first provincial market in the second batch of national electricity spot market construction pilots, and the sixth province in China to enter formal operation [1] Group 1: Market Structure and Development - Hubei has established a comprehensive electricity market system integrating long-term contracts, spot trading, ancillary services, retail markets, and green electricity certificates, providing a model for national electricity market construction [1] - The province's energy structure is characterized by a balanced mix of hydropower, wind, and solar energy, leveraging its geographical advantages for electricity transmission [1] Group 2: Operational Improvements - The transition from a planned to a market-based electricity production model has been achieved, with all 68 coal-fired power plants and 288 centralized renewable energy stations participating in the spot market [2] - The average utilization hours of Huaneng Yangluo Power Plant increased by 4% year-on-year due to optimized pricing strategies [2] - The electricity grid's operational efficiency has improved through advanced technology, enabling real-time data-driven dispatching and automated market clearing [2] Group 3: Renewable Energy Management - Hubei has improved the accuracy of renewable energy output forecasting from 94% to 96%, and the proportion of Automatic Generation Control (AGC) operation increased from 10% to 70% [3] - Since April 2024, Hubei has increased renewable energy generation by 25.23 billion kilowatt-hours, equivalent to a reduction of 1.8 million tons of CO2 emissions [3] Group 4: Supply-Side Competition - Hubei has implemented a market-driven pricing mechanism for coal-fired power, resulting in a 0.04 yuan/kWh decrease in market settlement prices from January to May 2024, saving users 1.2 billion yuan [4] - The province has enhanced its peak shaving capacity by 6.82 million kilowatts through deep peak regulation modifications across all coal power units [4] - Hubei's renewable energy capacity reached 46.65 million kilowatts, surpassing coal power for the first time [4] Group 5: Consumer Guidance and Green Transition - The establishment of a spot price mechanism has guided investments in power sources and grids, optimizing resource allocation [6] - Coal power units have increased their peak and deep regulation capacities by approximately 600,000 kilowatts and 500,000 kilowatts, respectively, to accommodate renewable energy [6] - Industrial users have effectively managed their electricity consumption based on real-time pricing, resulting in significant cost savings [6] Group 6: Virtual Power Plant Development - Hubei has successfully integrated 25 virtual power plants, connecting 2,248 adjustable users with a total capacity of 20.58 million kilowatts [7] - The virtual power plants have demonstrated significant demand response capabilities, with a total of 361.37 million kilowatt-hours of regulated electricity [7] - The province aims to expand its electricity market participants to over 10,000 by the end of 2025, enhancing market flexibility and efficiency [7]
湖北电力现货市场运行成效解码
Zhong Guo Dian Li Bao·2025-06-25 05:17