Core Viewpoint - The article emphasizes the strategic significance of the newly released "Guidelines for the Construction of Continuous Operation Areas in the Electricity Spot Market," which aims to enhance the efficiency, safety, and fairness of China's electricity market, particularly in the context of high proportions of renewable energy integration [2][9]. Group 1: Addressing High Proportion of Renewable Energy and System Stability - The share of renewable energy in China's installed capacity has surpassed 40%, but its intermittent nature poses challenges to the stability and balance of the power system, especially under extreme weather conditions [3]. - The guidelines aim to establish a market framework that reflects the characteristics of high renewable energy integration, including time-based pricing signals and the participation of new market entities like virtual power plants and smart microgrids [3][4]. Group 2: Building a Multi-Dimensional Electricity Market System - The guidelines clarify the need for coordinated trading across different timeframes and types, promoting a more refined trading cycle that enhances the consumption of renewable energy [5]. - It encourages the integration of ancillary services with energy markets, transitioning from separate billing to global optimization, which is crucial for efficient resource allocation [5]. - The guidelines also advocate for the establishment of online retail trading platforms to enhance market transparency and facilitate diverse retail package options for consumers [6]. Group 3: Creating a Fair Competitive Environment through Regulation - Effective regulation and information symmetry are essential for market efficiency and fairness, as highlighted in the guidelines, which propose improvements in market information disclosure and order maintenance [7]. - The guidelines introduce new regulatory measures to prevent market manipulation and local protectionism, ensuring a fair and unified national electricity market [7][8]. - Emphasis is placed on standardizing operational processes and enhancing data infrastructure connectivity to support fair market execution [8]. Conclusion - The guidelines represent a comprehensive approach to optimizing the electricity market in the context of high renewable energy integration, supporting China's green and low-carbon transition while establishing a structured path for market development [9].