南方区域电力市场启动连续结算

Core Insights - The Southern Regional Electricity Market has officially transitioned to continuous settlement trial operation after 35 months of preparation and 12 rounds of short-term testing, allowing for daily trading and cross-province electricity transactions [1][2] - The expected average daily trading volume is projected to reach 3.8 billion kilowatt-hours, enhancing the market's role in electricity resource allocation and establishing a new mechanism for energy supply and optimization [1] - The market is the first multi-province, all-participant, unified clearing spot market in China, marking a significant milestone in the establishment of a national unified electricity market and a major institutional and platform innovation [1][2] Market Participation - The Southern Regional Electricity Market covers Guangdong, Guangxi, Yunnan, Guizhou, and Hainan, with over 220,000 registered market participants, including various types of power generation sources and electricity users [2] - On the day of the continuous settlement trial operation launch, more than 831 power plants and over 700 users participated, with a reported electricity volume of 2.2 billion kilowatt-hours, including contributions from 501 renewable energy stations [2] Market Mechanism and Efficiency - The market has established a competitive bidding mechanism among different provinces and types of power generation units, promoting market fairness and efficiency [3] - Utilizing domestically developed technology, the market supports efficient calculations involving over 6,000 model nodes and more than 1.2 million clearing variables, akin to a supermarket optimizing pricing and inventory across numerous products simultaneously [3] - The transition to continuous settlement is expected to provide more accurate and stable price signals, enhancing decision-making for market participants and optimizing social benefits through resource allocation [3]