《电力中长期市场基本规则》解读之八︱锚定改革纵深方向 筑牢统一市场根基

Core Viewpoint - The issuance of the "Basic Rules for the Electric Power Medium and Long-term Market" marks a significant step in advancing China's electricity market reform, aiming to establish a unified national electricity market that supports energy security and the achievement of carbon neutrality goals [3][10]. Group 1: Expanding Participation and Market Vitality - The "Basic Rules" encourage diverse participants in the electricity market, including distributed energy, virtual power plants, and smart microgrids, to enhance market vitality and clarify rights and responsibilities [4]. - New operational entities are integrated into the medium and long-term market management, ensuring equal participation and clear transaction behaviors [4]. - The rules require distinct accounting for different time periods of electricity generation and consumption, ensuring clarity in responsibilities and risk management [4]. Group 2: Constructing a Multi-layered Market Structure - The medium and long-term electricity market plays a crucial role in supply assurance, price stabilization, and resource optimization, with a focus on enhancing inter-market connections [5]. - By 2025, a trading mechanism across electricity grid operating regions will be established, promoting regular cross-province transactions and resource sharing [5]. - The rules encourage the coupling of cross-province and intra-province trading to prevent market fragmentation [5]. Group 3: Enhancing Market Flexibility through Diverse Transactions - The "Basic Rules" aim to improve the organization and pricing mechanisms of medium and long-term market transactions, facilitating orderly connections with the spot market [6]. - A comprehensive trading system covering various timeframes will be established, allowing for effective risk hedging and flexible adjustments [6]. - The pricing mechanism will align medium and long-term transaction limits with spot market prices, enhancing price signal transmission [6]. Group 4: Strengthening Green Electricity Trading Mechanisms - The rules integrate green electricity trading into the medium and long-term market, providing clear value and traceability for green electricity consumption [7][8]. - Green electricity trading will ensure a one-to-one correspondence between power generation and consumption, enhancing the credibility of green electricity transactions [8]. - The pricing of green electricity will be separated into energy price and environmental value, ensuring the purity of environmental value [8]. Group 5: Reinforcing Market Behavior Regulation - A robust regulatory framework is essential for the construction of a unified national electricity market, ensuring fair and just market order [9]. - Market participants are required to adhere to self-regulatory obligations and avoid market manipulation [9]. - The rules outline six types of market risks and mandate monitoring and risk prevention measures to ensure healthy market development [9].