Core Insights - Guangxi has introduced a new energy block trading method, with total traded electricity exceeding 20.5 billion kilowatt-hours, accounting for 15% of the total electricity market in Guangxi [1][2] Group 1: Energy Block Trading Overview - The energy block trading is primarily used for medium to long-term transactions, allowing for hourly granularity in trading, which reflects the supply and demand and cost differences at different times [1] - This trading method helps businesses determine trading volume and price based on demand, facilitating the connection between medium to long-term and spot markets [1] Group 2: Market Activity and Growth - In 2023, Guangxi's medium to long-term electricity trading has seen over 760,000 transactions, a 12-fold increase compared to the same period last year, with energy block trading accounting for 90% of these transactions [2] - Guangxi's trading volume represents about 80% of the total transaction volume in the five southern provinces (Guangdong, Guangxi, Yunnan, Guizhou, Hainan), indicating high activity and liquidity in the electricity market [2]
广西能量块交易电量破200亿千瓦时
Guang Xi Ri Bao·2025-10-23 02:47