Core Viewpoint - The Jiangsu Energy Regulatory Office has released a draft for the "Implementation Rules for Jiangsu Province's Mid- to Long-Term Electricity Market" to standardize trading behaviors and protect the rights of market participants, aiming to ensure a unified, open, competitive, and orderly electricity market [2][3]. Group 1: Market Structure and Participants - The draft outlines the structure of the electricity market, including members such as power generation companies, electricity trading companies, electricity users, and new types of operators [5][7]. - New types of operators are categorized into single-technology and resource aggregation types, including distributed solar, wind power, and virtual power plants [3][7]. - The market participants are required to adhere to market rules and are prohibited from manipulating prices or engaging in unfair competition [8][9]. Group 2: Trading Mechanisms - The mid- to long-term electricity market allows for various trading periods, including multi-year, annual, monthly, and intra-month transactions [30][31]. - The trading methods include direct energy trading and contract transfer trading, with specific rules for green electricity trading [32][33]. - The pricing mechanism for mid- to long-term contracts can be fixed or flexible, depending on market supply and demand [50][51]. Group 3: Regulatory Framework - The rules are established in accordance with national policies and laws, including the Energy Law and Electricity Law, to ensure compliance and effective market operation [5][6]. - The Jiangsu Energy Regulatory Office and the Provincial Development and Reform Commission are responsible for the implementation and supervision of these rules [9]. - The draft emphasizes the importance of information disclosure and market transparency to maintain fair competition [12][13]. Group 4: Rights and Obligations of Market Participants - Power generation companies must fulfill obligations such as timely settlement of electricity fees and compliance with grid access services [14][15]. - Electricity users are required to provide necessary information for market participation and adhere to the rules for electricity trading [16][17]. - New types of operators must also meet specific conditions to participate in the market, including technical capabilities and compliance with regulatory requirements [18][19].
江苏:参与电力市场交易的经营主体不再人为规定分时电价
Xin Lang Cai Jing·2026-01-26 11:18