Core Viewpoint - The "1+6" foundational rule system marks a significant institutional breakthrough in the construction of a unified national electricity market in China, integrating the "dual carbon" goals, the establishment of a unified national market, and the construction of a new power system at the institutional level [3][4][5]. Summary by Sections Milestone Significance - The "1+6" foundational rule system represents a shift from fragmented exploration to standardized design in the national electricity market, establishing a comprehensive framework that includes core institutional frameworks such as market member responsibilities, transaction organization methods, pricing mechanisms, and risk prevention [4][5]. - It successfully connects the "dual carbon" goals, the unified national market, and the new power system, facilitating the participation of renewable energy in market transactions and promoting green and low-carbon energy transitions [5]. - The system establishes robust defenses for information disclosure, credit evaluation, risk warning, and intervention mechanisms, creating a fair and orderly market environment that enhances participant confidence [5]. Institutional Support for Reform - The "1" in the "1+6" system refers to the "Basic Rules for Electricity Market Operation," which outlines the core operational mechanisms of the unified national electricity market [6]. - The "6" includes three basic trading varieties: medium-to-long-term, spot, and ancillary services, which form the backbone of the electricity market trading system [7]. - The system clarifies trading varieties, methods, and pricing mechanisms, ensuring a fair and transparent trading environment [8]. Balancing Uniformity and Local Flexibility - The establishment of a unified national electricity market requires a set of universally applicable institutional frameworks while allowing for local adaptations based on regional resource endowments and electricity demand [9][10]. - Local practices and innovations have been integrated into the top-level design, creating a dynamic feedback loop that enhances both local and national market frameworks [9][10]. - Regions are permitted to make adaptive adjustments to the rule system based on their specific conditions, such as differentiated pricing policies and various trading methods [10][11].

Core Viewpoint - The establishment of a unified electricity market in China is crucial for optimizing power distribution and enhancing market efficiency through standardized rules and regulations [2][3]. Group 1: Market Overview - In the first half of the year, China's inter-provincial electricity trading volume exceeded 670 billion kilowatt-hours, indicating that one out of every four kilowatt-hours traded in the market is through inter-provincial transactions [1]. - The electricity market involves multiple participants, including power generation companies, electricity sales companies, and electricity users, which complicates the trading process [2]. Group 2: Regulatory Framework - The National Development and Reform Commission and the National Energy Administration have issued the "Basic Rules for Electricity Market Measurement and Settlement," which completes the foundational rule system for a unified national electricity market [2][3]. - The unified market rules aim to eliminate market fragmentation and inter-provincial barriers, facilitating smoother electricity flow across regions [2]. Group 3: Structure of the Rules - The foundational rule system consists of "1+6," where "1" refers to the "Basic Rules for Electricity Market Operation" to be released in 2024, outlining key market participation and responsibilities [3]. - The "6" includes three trading rules (long-term, spot, and ancillary services) and three operational rules (information disclosure, market registration, and measurement settlement) [3]. - The rules standardize processes such as settlement basis preparation, electricity fee collection, and clearing, ensuring clarity and efficiency in transactions [3].

Core Insights - The article discusses the challenges of increasing electricity demand in the context of fully loaded transmission channels, emphasizing the need for a smooth mechanism to address these issues [1] - It highlights the importance of a unified national electricity market to enhance resource allocation and ensure stable power supply, which is crucial for economic development and public welfare [1] Group 1: Mechanism and Market Dynamics - The "smooth mechanism" is essential for stimulating market vitality, involving collaboration between State Grid and Southern Grid to create transaction processes and reduce costs [1] - The exploration of this mechanism promotes the consumption of surplus renewable energy and ensures stable electricity supply, enhancing the competitiveness of related enterprises [1] Group 2: Resource Allocation and National Impact - Over 20 billion kilowatt-hours of electricity from provinces like Guangdong illuminate thousands of homes in Shanghai, illustrating the significant impact of breaking market segmentation [1] - A unified electricity market will provide a more reliable guarantee for high-quality development as policies and mechanisms continue to improve [1]

Core Viewpoint - The release of the "Basic Rules for Electricity Market Measurement and Settlement" by the National Development and Reform Commission and the National Energy Administration marks the completion of a foundational rule system for the national electricity market, facilitating efficient allocation of electricity resources across the country [2]. Group 1 - The new rules standardize measurement and settlement behaviors in the electricity market, enhance settlement risk management, unify electricity payment requirements, and protect the legitimate rights and interests of various operating entities [2]. - The establishment of this rule system addresses issues such as fragmented local regulations, poor inter-provincial coordination, and overlapping functions of trading varieties that have emerged during the rapid development of the electricity market [2]. - The "1+6" foundational rule system includes the "Basic Rules for Electricity Market Operation" and focuses on long-term electricity, spot market, and ancillary service rules, supported by information disclosure, access registration, and measurement settlement rules [2]. Group 2 - The ongoing development of a new electricity system and market in China is characterized by a rapid increase in green electricity trading and the accelerated entry of new entities such as energy storage and virtual power plants [2]. - The National Energy Administration plans to continuously improve the "1+N" foundational rule system for the national unified electricity market, aiming to break market segmentation and inter-provincial barriers, and achieve efficient coordination among various market categories [3].

Core Viewpoint - The establishment of the "1+6" basic rule system marks a significant advancement in China's electricity market reform, transitioning to a systematic and standardized phase aimed at breaking regional barriers and optimizing resource allocation nationwide [2][4]. Group 1: Role of the "1+6" Basic Rule System - The "1+6" basic rule system serves as a foundational framework for a unified national electricity market, providing a common language and clear operational mechanisms to facilitate cross-regional electricity trading [2][3]. - It aims to dismantle provincial barriers, promoting a shift from provincial isolation to national collaboration, thereby enhancing the overall efficiency of the electricity system [3][4]. - The system encourages diverse market participation by lowering entry barriers and increasing transparency, allowing new market players to engage effectively [3][4]. Group 2: Implementation and Responsibilities of Guangzhou Electricity Trading Center - The Guangzhou Electricity Trading Center plays a crucial role in implementing the "1+6" rule system by aligning regional market rules with national standards and facilitating the application of these rules in the southern region [5][6]. - It has successfully established a regional market framework that supports shared registration and seamless transaction processes across provinces, enhancing market integration [6][8]. - The center also provides guidance to electricity trading institutions in five southern provinces, ensuring consistency with the national rule system [6][8]. Group 3: Future Prospects and Challenges - The southern regional electricity market is set to initiate long-cycle continuous settlement trials by June 28, 2025, which is expected to foster a competitive and vibrant market environment [8][9]. - The establishment of a normalized trading mechanism across different grid operating areas signifies a major achievement in building a unified national electricity market [9]. - Challenges in implementing the "1+6" rule system include reconciling existing provincial rules with new regulations, adapting to rapid market changes, and ensuring effective coordination among various policies [10][11].

Core Viewpoint - The establishment of the "1+6" basic rule system marks a new phase in the systematic and standardized advancement of China's electricity market reform, aiming to break regional barriers and optimize resource allocation nationwide [2][3]. Group 1: Key Functions of the "1+6" Rule System - The "1+6" basic rule system serves as a foundational institutional framework for a unified national electricity market, providing a common language and clear operational mechanisms [3]. - It breaks down provincial barriers, transforming the market from a provincial-centric model to a nationally coordinated approach, enhancing overall efficiency [4]. - The system optimizes the participation environment for market members, fostering innovation and vitality by lowering entry barriers and increasing transparency [4]. - It strengthens market regulation to ensure fair competition and orderly market operations, providing a robust framework for market oversight [5]. Group 2: Responsibilities of Guangzhou Electric Power Trading Center - The Guangzhou Electric Power Trading Center plays a crucial role in implementing the "1+6" rule system by actively participating in its formulation and ensuring alignment with national policies [6]. - It promotes the application of the "1+6" rule system within the southern regional electricity market, achieving a unified registration process and seamless integration of trading operations [6][7]. - The center provides guidance to electricity trading institutions across five southern provinces, ensuring collaborative rule development and implementation [7]. Group 3: Optimizing Resource Allocation - The southern regional electricity market is set to launch long-cycle continuous settlement trials by June 28, 2025, fostering a competitive and vibrant market ecosystem [9]. - A cross-grid trading mechanism has been established, breaking the dual-track system and enabling equal competition and resource optimization across the nation [10]. Group 4: Challenges and Solutions - The implementation of the "1+6" rule system faces challenges such as discrepancies with existing provincial rules and the need for continuous adaptation to market changes [11]. - Solutions include maintaining strong leadership, fostering collaboration among provinces, and enhancing risk management frameworks to ensure effective implementation [11].

人民日报海外版记者 廖睿灵 电力市场计量结算标准不统一，结算周期差异大……这些阻碍电力交易的问题，将更好得到解决。 近日，国家发展改革委、国家能源局印发《电力市场计量结算基本规则》（以下简称《规则》），规范 结算业务管理，强化结算风险管理，统一电费收付要求。 "《规则》出台后，标志着以《电力市场运行基本规则》为基础，电力中长期、现货、辅助服务规 则为主干，信息披露、市场注册、计量结算为支撑的电力市场'1+6'基础规则体系构建完成，为建设全 国统一电力市场奠定坚实规则基础。"国家能源局有关负责人说。 此次《规则》的出台，进一步推动了电力市场计量结算业务统一。北京电力交易中心有关负责人分 析，《规则》统一了计量数据采集、传输、校验、校核流程标准。在国家层面明确市场经营主体、电力 交易机构、电力调度机构、电网企业等各类市场成员在计量装置管理、计量数据管理方面的权利与义 务，奠定计量数据质量基础、提升计量数据管理水平。 此外，统一了结算周期及时限要求。"此前，电力市场结算时序由各地自行制定，部分地区电费结 算时间较晚，个别地区结算时间长达1个月。"国家能源局有关负责人说。《规则》规范了结算准备、结 算依据和电费账单编 ...

Group 1 - The establishment of a national unified electricity market is a key task for deepening electricity system reform and is an important support for building a new type of power system [1][2] - In 2024, the market-oriented electricity trading volume is expected to reach 6.18 trillion kilowatt-hours, accounting for approximately 63% of the total electricity consumption in society [1] - Significant achievements have been made in the construction of the national unified electricity market system this year, including the establishment of a normalized trading mechanism between different power grid operating areas [1] Group 2 - The market mechanism for optimizing the allocation of electricity resources has made breakthroughs, including the "soft connection" of electricity transactions between State Grid and Southern Grid [1] - The southern regional electricity market has initiated continuous settlement operations, allowing five provinces to achieve "unified trading and same platform competition" [1] - The inter-provincial spot market has matured, with 26 provinces in the State Grid operating area achieving normalized mutual assistance in surplus and deficit [1] Group 3 - A unified basic rule system for the electricity market has been established, forming a "1+6" rule system that includes basic operational rules, mid-to-long-term, spot, and ancillary service trading rules [1] - The basic institutional framework for a healthy market system is essential for efficient market operation, and the rules will continue to be enriched and improved as the market develops [1][2]

一是国网、南网建立跨电网经营区常态化交易机制，在网间通道"硬联通"基础上，实现两网电力交 易"软联通"。根据国家发展改革委、国家能源局近期印发的《关于跨电网经营区常态化电力交易机制方 案的复函》，国家电网公司、南方电网公司要在2025年迎峰度夏期间，依托跨电网常态化交易机制实现 电力资源优化配置，更好支撑电力保供。年底前，进一步统一市场规则、交易品种和交易时序，实现跨 电网交易常态化开市。 健全市场体系基础制度是市场体系高效运行的根本。王任飞表示，统一的电力市场基础规则体系基本建 立。目前，已经形成以电力市场运行基本规则为基础，中长期、现货、辅助服务交易规则为主干，市场 注册、计量结算、信息披露为支撑的"1+6"规则体系，未来还会根据市场的发展不断丰富完善。 建设全国统一电力市场是深化电力体制改革的关键任务，也是构建新型电力系统的重要支撑。 记者从国家发展改革委了解到，2024年，我国市场化交易电量6.18万亿千瓦时，占全社会用电量的63% 左右。今年以来，全国统一电力市场体系建设取得一系列重大标志性成果。 国家发展改革委体制改革综合司司长王任飞介绍，电力资源在更大范围优化配置的市场机制实现突破： 二是南方区 ...

一是国网、南网建立跨电网经营区常态化交易机制，在网间通道"硬联通"基础上，实现两网电力交 易"软联通"。根据国家发展改革委、国家能源局近期印发的《关于跨电网经营区常态化电力交易机制方 案的复函》，国家电网公司、南方电网公司要在2025年迎峰度夏期间，依托跨电网常态化交易机制实现 电力资源优化配置，更好支撑电力保供。年底前，进一步统一市场规则、交易品种和交易时序，实现跨 电网交易常态化开市。 二是南方区域电力市场开展连续结算运行，5省区发用两侧主体实现"统一交易、同台竞价"。 三是省间现货市场更加成熟，国网经营区26个省份实现常态化余缺互济。今年上半年，我国跨省区 交易电量超过6700亿千瓦时，也就是说，电力市场每交易4度电，就有1度通过跨省区交易实现。 建设全国统一电力市场是深化电力体制改革的关键任务，也是构建新型电力系统的重要支撑。 记者从国家发展改革委了解到，2024年，我国市场化交易电量6.18万亿千瓦时，占全社会用电量的 63%左右。今年以来，全国统一电力市场体系建设取得一系列重大标志性成果。 国家发展改革委体制改革综合司司长王任飞介绍，电力资源在更大范围优化配置的市场机制实现突 破： 新华社北京8月 ...