Core Viewpoint - The implementation of the "Liaoning Province Deepening the Market-Oriented Reform of New Energy Grid Connection Pricing Implementation Plan" aims to enhance the flexibility and efficiency of the local electricity market, aligning with national reform directives and addressing current operational challenges in the energy sector [1]. Group 1: Enhancements in Trading Mechanisms - The plan introduces a flexible settlement reference point mechanism in medium to long-term trading, allowing parties to customize settlement reference points and pricing methods, thus breaking the traditional single reference point limitation [2]. - The plan allows for the prioritization of green electricity transactions over mechanism electricity settlements, enhancing the attractiveness of green electricity consumption and ensuring the rights of green electricity consumers [3]. Group 2: Development of Market Structures - The plan adopts a phased approach to the construction of the day-ahead market, ensuring that it operates under stable conditions and does not compromise market efficiency [4][5]. - The introduction of a negative pricing mechanism in the spot market, with a price ceiling of 1.1 yuan/kWh and a clearing price ceiling of 1.5 yuan/kWh, positions Liaoning as one of the few regions implementing such a mechanism, enhancing the capacity for electricity absorption [6][7]. Group 3: Settlement Logic Improvements - The plan proposes a shift from "differential settlement" to "price settlement," optimizing the pricing mechanism and ensuring fair market conditions [8][9]. - A capacity compensation mechanism is introduced to support the recovery of fixed and variable costs for power generation units, ensuring their operational sustainability during low-price periods [10]. Group 4: User Rights and Market Fairness - The plan includes measures to manage the price difference for electricity sales, ensuring that both electricity companies and end-users can fairly share the benefits of market reforms [11]. - The plan emphasizes the classification and management of market fees, aiming to enhance transparency and restore the authenticity of market pricing [12]. Conclusion - The eight highlights of the plan encompass key areas such as trading mechanisms, pricing mechanisms, and settlement logic, while also addressing green transition, system security, and user rights, forming a comprehensive path for the development of a market-oriented electricity sector in Liaoning [13].