Core Viewpoint - The establishment of a normalized electricity trading mechanism across grid operation areas marks a significant step towards building a unified national electricity market in China [1][3]. Group 1: Mechanism Establishment - The National Development and Reform Commission and the National Energy Administration have officially established a normalized electricity trading mechanism between the State Grid and the Southern Grid [1]. - This mechanism allows for high-standard "soft connectivity" in the market, enabling market participants to register in one location and share resources nationwide [1][3]. Group 2: Trading Framework - The trading mechanism includes various types of transactions such as medium to long-term electricity trading, green electricity trading, and spot trading, organized by multiple electricity trading centers [3]. - The mechanism has already facilitated significant green electricity transactions, with over 87 million kilowatt-hours traded across regions, effectively meeting the green electricity consumption needs of key areas [3]. Group 3: Future Developments - The State Grid and Southern Grid plan to normalize trading cycles and expand transaction scales based on the established mechanism, with a goal to explore inter-provincial transmission rights trading [4]. - The aim is to achieve a preliminary establishment of a unified national electricity market by 2025, marking a milestone in China's electricity system reform over the past decade [4].
新华财经|我国建立跨电网经营区常态化电力交易机制 全国统一电力市场建设迈出关键一步
Xin Hua She·2025-07-11 12:44