Core Insights - Gansu province is leveraging its high renewable energy capacity, exceeding 64%, to innovate in the electricity market, achieving over 90% utilization of renewable energy and exporting green electricity to 26 provinces [1][2][10] Group 1: Market Mechanism Innovation - Gansu's electricity market has introduced user quantity bidding, allowing consumers to adjust their electricity usage based on market prices, thus reducing costs and enhancing renewable energy consumption [2][3] - The market mechanism has shifted renewable energy consumption from administrative push to market-driven solutions, providing a model for integrating high proportions of renewable energy [3][10] - The establishment of a minute-level auxiliary frequency modulation market and energy storage participation further enhances the flexibility and efficiency of Gansu's electricity market [3][4] Group 2: Resource Optimization - The Gansu electricity market has improved resource allocation efficiency, with the average annual price in the spot market decreasing by 12.9% to 0.269 yuan/kWh in 2024 [5][6] - The market signals have facilitated the rational flow of electricity resources across different regions and time periods, optimizing the use of both renewable and thermal power [6][7] - Gansu's renewable energy generation reached 305.68 billion kWh by April 2023, marking a 21.37% year-on-year increase, with a utilization rate of 90.99% [7][10] Group 3: National Impact and Future Outlook - Gansu's electricity market serves as a model for national electricity market reforms, providing valuable insights for other provinces [9][10] - The province's innovative market mechanisms are crucial for achieving the dual carbon goals and enhancing renewable energy consumption, with a significant reduction in coal consumption in eastern regions [10][11] - Future plans include further market reforms, expanding green electricity trading, and enhancing regional collaboration to support national low-carbon transitions [11]