广州电力交易中心陈玮：强化监管“治未病” 固牢市场“健康堤”

Core Viewpoint - The National Energy Administration's recent announcement regarding five typical violations in the electricity market reflects a strong commitment to regulating market order and promoting the healthy development of the industry, aiming for a transparent and standardized market environment [1] Group 1: Achievements in Electricity Market Construction - 2025 marks a milestone year in China's electricity market reform, with significant progress made under the goal of establishing a national unified electricity market system [2] - A foundational rule system has been established, forming a multi-layered, multi-category, and multi-functional national unified electricity market [2] - Key developments include the approval of the "Cross-Grid Operating Area Normalized Trading Mechanism" and the launch of continuous settlement trials in the southern regional electricity market [2] Group 2: Challenges and Risks in Market Reform - The rapid advancement of the unified electricity market has led to more complex challenges, including issues related to compliance awareness and internal controls among market participants [3] - Problems such as collusion in pricing and market manipulation have begun to surface, highlighting the need for a transition from a "built" market to a "mature" market [3] Group 3: Regulatory Measures and Their Importance - The five typical violations reported by the National Energy Administration include collusion in pricing among power generation companies and abuse of market power, affecting multiple provinces [4] - Regulatory measures are essential for maintaining market order and preventing systemic risks, with the aim of ensuring fair competition and protecting market integrity [5] - The announcement serves as a warning to all market participants to adhere to established rules and avoid unethical practices [5] Group 4: Collaborative Efforts for Market Integrity - All stakeholders are encouraged to strengthen compliance and internal management systems to foster a culture of integrity and adherence to market rules [6][7] - The establishment of a healthy market culture requires collaboration among regulatory bodies, industry self-regulatory organizations, and market participants [7] - The recent announcement is viewed as a necessary "check-up" for the national unified electricity market, emphasizing the importance of continuous improvement and vigilance against violations [8]