Core Viewpoint - China is promoting greater participation of private enterprises in the electricity market through new policies aimed at establishing a unified national electricity market system by 2030 and 2035 [1][2] Group 1: Policy Objectives - By 2030, the goal is to establish a basic national unified electricity market system, with market transactions accounting for approximately 70% of total electricity consumption, excluding guaranteed users [1] - By 2035, the aim is to fully establish a mature and improved national unified electricity market system, with a steady increase in the proportion of market transactions [1] Group 2: Innovative Measures - The policy introduces several innovative measures, including transitioning from "individual pricing and trading" to "unified pricing and joint trading" across different market levels [1] - It proposes specific requirements for the connection mechanisms between various market categories, such as spot, medium-to-long-term, ancillary services, and capacity markets [1] Group 3: Support for Renewable Energy - To enhance the participation of renewable energy in the electricity market, the policy outlines measures such as inter-provincial green electricity trading, long-term green electricity contracts, and strengthening the traceability of green electricity consumption [2] - It also mentions exploring a two-part or single capacity pricing system for cross-province and cross-region transmission when conditions are ripe, facilitating large-scale renewable energy exports [2] Group 4: Participation of Private Enterprises - The policy encourages the involvement of private enterprises in the electricity market, particularly in new sectors like energy storage, virtual power plants, and smart microgrids [2] - It aims to allow all electricity users, except guaranteed users, to directly participate in the electricity market, moving away from the current model where small and medium-sized commercial users only accept market prices indirectly [2]
中国将推动更多民营企业参与电力市场
Zhong Guo Xin Wen Wang·2026-02-11 13:20