全国9地取消固定分时电价

Core Viewpoint - The implementation of Document No. 1656 marks the transition of time-of-use electricity pricing from "government-approved" to a market-driven approach, indicating a significant market reform in the domestic electricity industry starting in 2026 [1][2]. Group 1: Policy Changes - As of now, 11 provinces and cities in China have issued notifications regarding the adjustment of fixed time-of-use electricity pricing for users participating in the electricity market, with 9 regions having clearly canceled the policy [1][2]. - The National Development and Reform Commission and the National Energy Administration issued the "Basic Rules for the Medium- and Long-Term Electricity Market" on December 17, 2025, which states that from March 1, 2026, market participants will no longer have fixed time-of-use electricity pricing levels and periods set by the government [1][2]. Group 2: Market Dynamics - The cancellation of fixed time-of-use pricing does not eliminate the time-of-use pricing mechanism itself; rather, it shifts the pricing authority from the government to the market, allowing for market-driven time-of-use pricing to continue [2][3]. - The adjustment of policies across various regions strictly adheres to national requirements but varies in implementation based on local conditions [2][3]. Group 3: Impact on Industry - The reform is expected to have profound effects across the entire electricity industry chain, with renewable energy companies focusing more on integrating energy storage to adapt to market price fluctuations [4]. - Companies will need to optimize their electricity usage strategies based on market time-of-use price signals to manage costs effectively [4]. - The value of flexible resources such as energy storage and virtual power plants will become more prominent, allowing them to participate in ancillary services and generate diverse revenue streams [4]. Group 4: Industry Sentiment - Industry insiders believe that the gradual elimination of fixed time-of-use pricing is a trend in electricity market reform, with the core aim being to transfer pricing power from the government to the market, thereby providing more accurate price signals that reflect real-time supply and demand [3][5].