Core Viewpoint - The release of the "Basic Rules for Metering and Settlement in the Electricity Market" marks a significant milestone in China's electricity market reform, establishing a foundational rule system for the unified national electricity market [1][4]. Group 1: Reasons for the New Rules - The need for unified standards arises from the inconsistencies in metering management, settlement cycles, and billing processes across different regions, which have become increasingly apparent as the national electricity market develops [2][3]. - The rules aim to standardize metering and settlement practices, enhance risk management, and protect the rights of various market participants [2][3]. Group 2: Key Provisions of the Rules - The rules require market participants to have independent metering capabilities, with metering devices installed at property boundary points and subject to regular calibration [2][3]. - They clarify the rights and obligations of various market members, including electricity trading institutions and grid companies, and standardize the entire settlement process, including billing and payment timelines [3][4]. - The rules establish a "daily clearing and monthly settlement" model for continuous operation areas of the spot market, ensuring a unified approach to settlement cycles [3]. Group 3: Implications for Market Participants - The introduction of unified registration rules simplifies the process for companies operating in multiple provinces, allowing for a single registration that is valid nationwide [4]. - Enhanced information disclosure rules provide transparency in pricing, supply and demand conditions, and transaction results, aiding companies in making informed decisions [5]. - The "1+6" rule system is designed to be flexible, allowing for continuous improvement based on local experiences and innovations in the electricity market [5]. Group 4: Future Developments - The National Energy Administration plans to further refine the "1+N" rule system as the new electricity system and market continue to evolve, aiming to break down market segmentation and enhance coordination among various market types [5].

Core Viewpoint - The introduction of the "Basic Rules for Electricity Market Measurement and Settlement" serves as a crucial institutional guarantee for the construction of a unified national electricity market, filling the last gap in the "1+6" foundational rule system [3][4]. Group 1: Institutional Foundation - The new rules aim to address the final bottleneck in the nationwide circulation of electricity, aligning with the national goal of establishing a high-efficiency and fair competitive unified market by 2025 [4]. - The "1+6" foundational rule system, which includes the new measurement and settlement rules, is designed to standardize the entire process from transaction declaration to settlement, resolving long-standing inconsistencies in measurement and settlement standards [4][5]. Group 2: Fair and Efficient Market Operation - The rules establish a unified settlement cycle based on natural months, providing a framework for accurate electricity cost management for market participants [6]. - A comprehensive standardization of the settlement preparation phase is mandated, requiring a unified data exchange platform to facilitate efficient data flow across all segments of the electricity market [6][7]. Group 3: Impact and Future Outlook - The implementation of the rules is expected to enhance the quality and efficiency of electricity market measurement and settlement, breaking down regional barriers and promoting resource circulation [9]. - The rules will significantly lower transaction costs and improve transaction efficiency, facilitating a more integrated and competitive electricity market [9][10]. - The introduction of these rules marks a milestone in the reform of the electricity system, laying a solid foundation for a transparent, efficient, and unified electricity market that supports energy transition and high-quality economic development [10].

Core Viewpoint - The establishment of a nationwide unified electricity market system in China marks a significant historical leap from fragmented regional markets to a standardized national framework, providing strong institutional support for orderly market operations [1][3][4]. Group 1: Development of the Unified Electricity Market - The "1+6" basic rule system for the national unified electricity market has been preliminarily established, which includes fundamental rules for electricity market operation, long-term trading, spot trading, auxiliary services, information disclosure, registration, and settlement [1][5]. - The construction of the unified electricity market is a key practice of the national strategy to build a unified market system, which is essential for optimizing resource allocation and ensuring energy security [3][4]. - The transition from a fragmented market to a unified system is aimed at breaking down barriers and facilitating efficient electricity flow across regions [4][10]. Group 2: Key Components of the Rule System - The "Electricity Market Operation Basic Rules" serve as the cornerstone of the unified market, defining the basic structure, operational principles, and responsibilities of various market participants [8][9]. - The "Electricity Long-term Trading Basic Rules" provide a primary channel for market participants to lock in electricity and prices, ensuring market stability [8][9]. - The "Electricity Spot Market Basic Rules" optimize real-time supply and demand, generating price signals that reflect market conditions, thus enhancing electricity security and promoting renewable energy consumption [9][10]. Group 3: Market Growth and Performance - In the first half of 2025, the cumulative market trading volume reached 2.95 trillion kilowatt-hours, with cross-regional trading increasing by 18.2% year-on-year, indicating robust market activity [13][14]. - The number of market participants has grown to 816,000 by the end of 2024, with significant participation from various energy sources, including renewable energy and new storage technologies [15]. - Green electricity trading has surged, with a 235.2% year-on-year increase in total trading volume, reflecting the market's role in supporting China's green and low-carbon energy transition [15].

Core Viewpoint - The establishment of a unified national electricity market in China has made significant progress with the issuance of the "Basic Rules for Electricity Market Measurement and Settlement" by the National Development and Reform Commission and the National Energy Administration [2]. Summary by Sections Market Rules and Framework - The new rules clarify the basis, scope, and management requirements for measurement and settlement in the electricity market, addressing issues such as inconsistent management requirements and unclear responsibilities among grid companies and trading institutions [2][4]. - The rules represent a continuation and enhancement of previous policy documents, marking the completion of a foundational rule system for the electricity market, which includes long-term, spot, and ancillary service rules [2][4]. Settlement Process - The settlement process consists of two main parts: the trading institution forming the settlement basis and the grid company conducting the electricity fee settlement [3]. - The trading institution is responsible for compiling settlement data and coordinating issues related to settlement, while the grid company provides measurement data and issues electricity bills [3]. Responsibilities and Management - The rules specify the responsibilities of grid companies in verifying settlement bases and standardize the verification process [4]. - Market participants must have independent measurement conditions, and measurement devices must meet minimum settlement unit requirements [4]. - The rules outline the rights and obligations of various market members regarding settlement, including preparation, issuance of bills, and payment processes [4]. Risk Management - The rules require trading institutions to conduct settlement risk assessments, and market participants must provide performance guarantees and deposits [4]. - Grid companies are tasked with applying for the use of settlement guarantees for market participants who fail to make timely payments [4]. User and Grid Company Interaction - The rules also standardize the payment processes between power generation companies and grid companies, including VAT invoice issuance and payment agreement signing [4].

Core Viewpoint - The establishment of a unified national electricity market in China has made significant progress with the issuance of the "Basic Rules for Electricity Market Measurement and Settlement" by the National Development and Reform Commission and the National Energy Administration [2]. Group 1: Overview of the New Rules - The new rules clarify the basis, scope, and management requirements for measurement and settlement in the electricity market [2]. - The rules aim to address issues such as inconsistent measurement management, unclear responsibilities between grid companies and trading institutions, and delays in electricity bill settlements [2][4]. - The issuance of these rules marks the completion of a foundational rule system for the electricity market, which includes the "Basic Rules for Electricity Market Operation" and other related regulations [2]. Group 2: Settlement Process - The electricity market settlement consists of two main steps: the trading institution forming the settlement basis and the grid company conducting the electricity bill settlement [3]. - Trading institutions are responsible for compiling settlement data and coordinating issues related to settlement basis and electricity bill settlements [3]. - Grid companies are tasked with providing measurement data, issuing electricity bills, and coordinating settlement issues [3]. Group 3: Responsibilities and Management - The rules explicitly define the responsibilities of grid companies in verifying settlement bases and standardize the verification process [4]. - Market participants must have independent measurement conditions, and measurement devices must meet minimum settlement unit requirements [4]. - The rules standardize the rights and obligations of various market members regarding settlement processes, including preparation, issuance of bills, and payment collection [4]. Group 4: Risk Management and Compliance - The rules require trading institutions to conduct settlement risk assessments, and market participants must provide performance guarantees and deposits [4]. - Grid companies are required to apply for the use of settlement guarantees for market participants who fail to make timely payments [4]. - The rules also standardize the payment processes between power generation companies and grid companies, including VAT invoice issuance and settlement agreements [4].

Core Viewpoint - The article discusses the recent progress in the construction of a national unified electricity market in China, highlighting the issuance of the "Basic Rules for Electricity Market Measurement and Settlement" by the National Development and Reform Commission and the National Energy Administration [2][3]. Summary by Sections Overview of the New Rules - The new rules clarify the basis for electricity market measurement and settlement, applicable scope, and management requirements for measurement devices [3]. - The rules aim to address issues such as inconsistent measurement management, unclear responsibilities between grid companies and trading institutions, and delays in electricity bill settlements [3]. Structure of the Electricity Market - The establishment of a "1+6" foundational rule system for the electricity market is completed, which includes basic operational rules and various trading rules [3]. - The settlement process involves two main steps: the trading institution forming the settlement basis and the grid company conducting the electricity bill settlement [4]. Responsibilities and Processes - The rules specify the responsibilities of grid companies in verifying settlement bases and standardize the verification process [5]. - Market participants must meet independent measurement conditions, and measurement devices should be installed at property boundary points [5]. Settlement Management - The rules outline the rights and obligations of various market members regarding settlement, including preparation, issuance of settlement bases, and payment processes [5]. - A unified measurement unit and settlement subject format are established, with a general settlement cycle of a natural month [5]. Risk Management in Settlement - The rules require trading institutions to conduct settlement risk assessments and mandate market participants to provide performance guarantees [6]. - The rules also standardize the payment processes between power generation companies and grid companies, including VAT invoice issuance and payment agreements [6].

新华财经北京8月6日电（记者安娜）记者6日从国家能源局获悉，近日，国家发展改革委、国家能源局 发布了《关于印发〈电力市场计量结算基本规则〉的通知》，标志着涵盖电力市场各品种各环节 的"1+6"基础规则体系初步构建完成，这是我国电力市场化改革的又一里程碑。 为什么要出台《电力市场计量结算基本规则》（以下简称"规则"）？ 据国家能源局市场监管司有关负责人介绍，随着全国统一电力市场建设深入推进，煤电、新能源、工商 业用户全面参与电力市场，各地计量管理要求不规范、单位不统一、流程衔接不顺畅、电网企业与交易 机构职责界面不明确、电费结算不及时等问题逐渐凸显，亟需国家层面统一规范。 以电网对发电企业的结算周期为例，以往有的地方是10个工作日，有的是20个工作日，有的在1个月以 上甚至更长。从终端用户的角度来看，过去各地老百姓拿到的电费账单也多有不同，有的地方账单就只 列个用电总数，有的则列出了清晰的账目…… "此次出台的规则，规范电力市场计量结算行为，强化结算风险管理，统一电费收付要求，切实维护各 类经营主体合法权益。"国家能源局市场监管司有关负责人表示。 "规则的出台，填补了全国统一电力市场'1+6'基础规则体系的最后 ...

Core Viewpoint - The issuance of the "Basic Rules for Metering and Settlement in the Electricity Market" aims to unify and standardize the metering and settlement processes across the national electricity market, addressing existing inconsistencies and inefficiencies in the system [3][4]. Group 1: Background and Purpose - The rules are a continuation and enhancement of previous regulatory documents since the 2015 electricity system reform, aiming to establish a unified national electricity market [3][4]. - The need for these rules arose from various issues such as inconsistent metering management, unclear responsibilities among market participants, and delays in electricity settlement [3][4]. Group 2: Main Content of the Rules - The rules consist of 6 chapters and 56 articles, covering general provisions, overall requirements, metering management, settlement management, supervision management, and supplementary provisions [5]. - Key areas include defining rights and obligations of market participants, managing metering devices and data, and establishing clear settlement processes and timelines [5]. Group 3: Requirements for Unified Metering and Settlement - Emphasis on independent metering conditions and regular calibration of metering devices, with clear responsibilities for costs [6]. - Standardization of settlement processes, including rights and obligations of various market participants, and unification of measurement units and settlement cycles [6][7]. - Introduction of risk management measures for settlements, including the requirement for market participants to provide guarantees [6]. Group 4: Responsibilities in Market Settlement - Clear division of responsibilities between electricity trading institutions and grid companies in the settlement process, with trading institutions responsible for compiling settlement data and grid companies for providing metering data and issuing bills [8]. - The rules clarify the responsibilities of grid companies in verifying settlement data and outline the verification process [8]. Group 5: Settlement Timing Regulations - The rules standardize the timing of settlement processes, which previously varied by region, ensuring timely issuance of settlement data and bills [9]. - Specific timelines are established for the issuance and confirmation of settlement data, with provisions for dispute resolution [9].

▼点击阅读原文，查看《电力市场计量结算基本规则》详情 国家发展改革委 国家能源局关于印发《电力市场计量结算基本规则》的通知 发改能源规〔2025〕976号 各省、自治区、直辖市及新疆生产建设兵团发展改革委、能源局，北京市城市管理委员会，天津市、辽宁省、甘肃省工业和信 息化局（厅）、重庆市经济和信息化委员会，国家能源局各派出机构，中国核工业集团有限公司、国家电网有限公司、中国南 方电网有限责任公司、中国华能集团有限公司、中国大唐集团有限公司、中国华电集团有限公司、国家能源投资集团有限公 司、国家电力投资集团公司、中国长江三峡集团有限公司、国家开发投资集团有限公司、中国广核集团有限公司、华润（集 团）有限公司、内蒙古电力（集团）有限责任公司，北京、广州电力交易中心： 按照加快建设全国统一电力市场要求，为加强电力市场计量结算管理，我们组织制定了《电力市场计量结算基本规则》。现印 发给你们，请遵照执行。 国家发展改革委 国 家 能 源 局 2025年7月18日 （来源： 国家发展改革委 ） ...

Core Viewpoint - The article discusses the newly issued "Basic Rules for Metering and Settlement in the Electricity Market," which aims to enhance the management of metering and settlement in the national unified electricity market, ensuring fair and accurate transactions among market participants [3][8]. Summary by Sections General Principles - The rules are established to implement the central government's directives for deepening electricity system reform and building a unified national market [8]. - Metering is defined as the measurement and recording of electricity data to meet settlement needs [9]. - The rules apply to all types of electricity markets and emphasize the importance of accurate and timely settlement [9][10]. Overall Requirements - Electricity market settlement includes energy trading, ancillary services trading, and capacity trading, with settlements generally conducted on a natural month basis [11][12]. - In continuous operation of the electricity spot market, a "daily clearing and monthly settlement" model is adopted [12]. - The rules require that all market participants adhere to the established metering and settlement processes [9][10]. Rights and Obligations - Market participants must participate in the electricity market according to the rules and provide necessary data for settlement [15]. - The electricity trading institution is responsible for compiling settlement data and ensuring its accuracy [17]. - The grid enterprises must issue electricity bills based on the settlement basis provided by the trading institution [18]. Metering Management - Market participants must install metering devices that meet national standards and undergo regular calibration [20]. - The grid enterprises are responsible for ensuring that metering devices are installed and maintained properly [20][21]. Settlement Management - Settlement preparation involves collecting and summarizing the necessary data within specified timeframes [27]. - The electricity trading institution compiles settlement bases based on market rules and foundational data [33]. - Electricity bills must be issued by grid enterprises within specified deadlines, ensuring timely payment to generation companies [42][43]. Supervision and Management - Disputes regarding metering and settlement can be resolved through mediation or legal channels [41]. - Regulatory bodies will address any non-compliance with the metering and settlement rules [41]. Implementation - The rules will take effect on October 1, 2025, and will be valid for five years [43][44].