Workflow
(经济观察)中国统一电力市场打通“最后一公里”

Core Viewpoint - The establishment of a normalized electricity trading mechanism between China's State Grid and Southern Power Grid marks a significant step towards a unified national electricity market, breaking through regional operational limitations and enhancing cross-province electricity trading efficiency [1][2]. Group 1: Market Development - The Southern Regional Electricity Market transitioned to continuous settlement trial operation at the end of June, indicating a shift from trial verification to normalized operation [1]. - The trading scope of the Southern Regional Electricity Market includes five provinces: Guangdong, Guangxi, Yunnan, Guizhou, and Hainan, allowing for daily, uninterrupted cross-province electricity trading [1][2]. Group 2: Mechanism and Implementation - The National Development and Reform Commission and the National Energy Administration issued a plan to establish a normalized electricity trading mechanism across grid operating areas, addressing the last barrier to a unified national electricity market [2]. - The new trading mechanism will enable the Beijing and Guangzhou electricity trading centers to collect cross-grid trading demands and facilitate precise supply-demand matching through information exchange [2]. Group 3: Benefits and Future Outlook - The cross-regional electricity market is expected to enhance energy supply stability, reduce dependence on fossil fuels, and improve the overall efficiency of electricity assets [3]. - The plan outlines that by the end of this year, China will implement normalized trading across grid operating areas, with future goals of increasing trading frequency and achieving continuous trading on working days [3].