建设全国统一大市场是构建新发展格局的基础支撑和内在要求。习近平总书记高度重视全国统一大市场 建设，《习近平经济文选》第一卷中的多篇著作都对此作出重要论述。比如，《加快构建新发展格局， 把握未来发展主动权》指出："要深化要素市场化改革，建设高标准市场体系，加快构建全国统一大市 场"；《确保我国经济航船乘风破浪、行稳致远》指出："政府要有所为、有所不为，解决好缺位、越位 问题。有所为，就是要不断建设法治经济、信用经济，完善市场规则并带头遵守规则，通过坚决惩治腐 败、保障公共安全等优化市场环境，着力矫正市场失灵，规范竞争秩序，使全国统一大市场成为各类经 营主体公平竞争的大舞台"；等等。习近平总书记的重要论述，为我们以全国统一大市场建设支撑构建 新发展格局提供了科学指引。 电力市场是全国统一大市场的重要组成部分。2021年，习近平总书记在中央全面深化改革委员会第二十 二次会议上指出："要遵循电力市场运行规律和市场经济规律，优化电力市场总体设计，实现电力资源 在全国更大范围内共享互济和优化配置，加快形成统一开放、竞争有序、安全高效、治理完善的电力市 场体系。"这是构建现代能源体系、推动能源高质量发展的重大部署，同时也为 ...

经济观察网 据新华财经，近日，由中国能源研究会主办，中国能源研究会能源金融与法律分会、北京 万家绿色信用评级有限公司承办，上海电力大学、上海电力大学能源电力发展战略研究中心协办的第二 届国际能源可持续发展（ESG）论坛在崇礼举办。 （原标题："第二届国际能源可持续发展（ESG）论坛"在崇礼成功举办） 中国电力企业联合会和自然资源保护协会发布了双方合作完成的研究报告《新能源参与市场系列研究： 体现新能源多维价值的市场体系》。在新能源大规模发展和电力市场建设提速的背景下，新能源主要依 靠电能量价格获取收益，并不能反映其多维价值，仍面临着市场化加速带来的价格风险加剧、支持新能 源自主支撑能力提升的辅助服务和容量机制尚未建立、新能源绿色价值未得到充分反映等问题。 对此，报告建议进一步完善体现新能源多维价值的市场体系构建，协同推进电能量-辅助服务-容量-绿证 市场的机制设计：在电能量市场方面，建立适应新能源发电特性的中长期市场交易机制，丰富新能源参 与中长期市场交易模式，优化新能源参与跨省跨区交易组织方式，探索集中式风、光联营参与中长期市 场，鼓励分布式新能源聚合参与电力市场交易，全面落实新能源可持续发展价格机制，推动 ...

Core Viewpoint - The Guangdong Electric Power Trading Center has announced the first batch of virtual power plant operators, marking a significant step in the development of the virtual power plant market in Guangdong, with plans for resource aggregation trading starting in 2025 [2][4][11]. Group 1: Announcement of Virtual Power Plant Operators - The Guangdong Electric Power Trading Center published the list of the first ten companies included in the virtual power plant operator directory, which includes Guangdong Electric Power Investment Co., Ltd., Guangdong Yuedian Power Sales Co., Ltd., and others [2][5]. - The registration period for these operators was from August 19, 2025, to September 18, 2025, with no objections received during the public notice period [4][5]. Group 2: Resource Aggregation Trading - The notice outlines the commencement of resource aggregation trading for power generation, which will officially start on September 22, 2025, with subsequent trading for 2026 to be announced later [11][12]. - The trading participants must include registered operators with independent access points for solar, wind, and independent storage resources connected at voltage levels of 10 kV and below [11][12]. Group 3: Trading Process and Requirements - The trading process involves several steps, including registration of distributed projects, aggregation trading, and submission of transaction unit information for approval [12]. - The trading will focus on the energy output and green certificates from the aggregated resources, with contracts being signed on a monthly basis [12][13].

Group 1 - The core viewpoint of the article emphasizes the importance of optimizing the electricity market system in China, particularly through the implementation of the "Guidelines" issued by the National Development and Reform Commission and the National Energy Administration [2][3] - The article highlights the significant achievements in electricity market construction since the pilot of the electricity spot market began in 2017, noting that while progress has been made, there is still a gap to mature market standards [2][3] - The "Guidelines" aim to enhance the operational management level of the electricity market and provide a reference for regions that have not yet achieved continuous operation of the electricity spot market [2][3] Group 2 - The "Guidelines" propose strengthening the connection between long-term and spot market trading mechanisms to address the issue of price discrepancies that create arbitrage opportunities, thereby promoting fair trading [3][4] - The article discusses the need to improve the integration of energy and ancillary service market trading mechanisms, as the demand for ancillary services has rapidly increased in the new power system [4][5] - It emphasizes the importance of connecting wholesale and retail markets to ensure transparent pricing and effective transmission of market prices to end users [4][5] Group 3 - The article outlines the necessity of aligning the electricity market with the construction of a new power system, focusing on optimizing market mechanisms for renewable energy integration and establishing reliable capacity compensation mechanisms [5][6] - It stresses the importance of not only building a robust market but also ensuring effective management of market operations, including standardizing operational processes and enhancing technical support capabilities [6][7] - The "Guidelines" call for the regulation of market interventions to maintain order and competition, while also advocating for innovative regulatory approaches to improve market oversight [7][8]

Core Insights - The article highlights the significant progress made in China's energy sector since the implementation of the "14th Five-Year Plan," focusing on market-oriented reforms that enhance the vitality and dynamism of the energy market [1][2][3]. Group 1: Energy Price Mechanism - The energy price formation mechanism has been rapidly improved, with coal, new energy, and other sources entering the market, allowing most electricity prices to be determined by market competition [1]. - The pricing for all users, except residential and agricultural electricity, has become fully market-oriented, transforming electricity into a freely tradable commodity [1]. Group 2: Energy Market System - A multi-layered, multi-category, and multi-functional national unified electricity market system has been established, covering medium to long-term and ancillary service market transactions [1][3]. - The spot market is being rapidly rolled out across the country, with seven regions already operational, creating the world's largest "electricity supermarket" [1][3]. Group 3: Innovation in Energy Industry - The National Energy Administration has strengthened top-level design and increased policy supply to promote new business entities, virtual power plants, and green electricity connections [2]. - The total scale of virtual power plants has exceeded 35 million kilowatts, equivalent to the installed capacity of one and a half Three Gorges power stations [2]. Group 4: National Unified Electricity Market - The construction of a national unified electricity market has made substantial progress, establishing a diverse and functional market structure [3]. - A comprehensive "1+6" basic rule system has been developed to address previous fragmentation and regional barriers, ensuring transparency and fair competition in the market [3]. Group 5: Market Scale and Participation - The trading volume of electricity in the market has increased from 10.7 trillion kilowatt-hours during the "13th Five-Year Plan" to 23.8 trillion kilowatt-hours, more than doubling [4]. - A diverse market structure has emerged, with various stakeholders, including coal, new energy, gas, nuclear, and hydropower actively participating [4].

Core Viewpoint - The press conference highlighted the significant achievements in high-quality energy development during the "14th Five-Year Plan" period, emphasizing the establishment of a national unified electricity market as a key initiative in China's energy sector reform [1][2][3]. Group 1: National Unified Electricity Market Construction - The construction of the national unified electricity market system is accelerating, with a diverse and comprehensive market being established, including intra-provincial and inter-provincial trading, as well as various trading timeframes and types of services [1][2]. - The implementation of normalized cross-grid trading has been achieved, enhancing the integration of electricity supply across regions [1]. Group 2: Market Rules and Framework - The national unified electricity market rules have been largely completed, with a foundational "1+6" rule system established to address previous fragmentation and regional barriers, ensuring transparency and fair competition [2]. - The new framework allows electricity sales companies to operate nationwide with reduced operational costs through a single registration process [2]. Group 3: Market Scale and Participation - The scale of the electricity market has seen significant growth, with transaction volumes increasing from 10.7 trillion kWh during the "13th Five-Year Plan" to 23.8 trillion kWh, representing more than a doubling of market activity [3]. - The proportion of electricity traded through the market has risen from 40% in 2020 to over 60% for four consecutive years, indicating a robust market participation [3]. - A diverse range of market participants has emerged, including various types of power generation and commercial users, contributing to a well-structured market landscape [3].

Core Viewpoint - The construction of a national unified electricity market is a crucial support for building a new development pattern and is essential for deepening the reform of the electricity system and promoting the green and low-carbon transition of energy [1][4]. Group 1: Importance of National Unified Electricity Market - The national unified electricity market is a key component of the national unified large market and is vital for optimizing electricity resource allocation and facilitating energy transition [1][4]. - The electricity market serves as a hub for the conversion of primary and secondary energy, playing a central role in the energy system [1]. - The construction of this market can effectively address challenges such as energy security, green electricity consumption, and price guidance, which cannot be balanced in smaller regions [1]. Group 2: Progress and Achievements - Since the implementation of the new round of electricity system reform, the construction of the electricity market has progressed steadily, with a preliminary formation of a multi-competitive主体格局 [2]. - The market transaction scale has expanded year by year, with the national market transaction electricity volume increasing from 1.1 trillion kWh in 2016 to 6.2 trillion kWh in 2024, rising from 17% to 63% of total electricity consumption [2]. - The electricity market has effectively played a role in ensuring supply, promoting transformation, and stabilizing prices, significantly contributing to high-quality economic and social development [3]. Group 3: Challenges and Areas for Improvement - Despite significant achievements, there are still gaps to address, such as existing trading barriers between different market levels and the need for further strengthening of multi-level electricity market coordination [3]. - The functions and trading varieties of the electricity market need to be enriched, and the policy mechanisms supporting large-scale development and market entry of renewable energy require improvement [3]. - Innovative market mechanisms are needed to enhance system adequacy and flexible adjustment capabilities [3].

Core Viewpoint - The implementation of the "Notice on Deepening the Market-oriented Reform of New Energy Grid-connected Electricity Prices" (Document No. 136) aims to clarify the trading rules and pricing mechanisms for new energy in both spot and medium-to-long-term markets, with varying execution policies across different provinces [1][2]. Group 1: Policy Implementation - Inner Mongolia and Xinjiang have already released implementation plans that require all new energy project grid-connected electricity to enter the market, establishing a sustainable pricing settlement mechanism [1]. - Shandong Province has issued draft proposals indicating that new energy projects will participate in market trading, which could significantly influence the national new energy market [2]. - There is uncertainty regarding the entry of distributed energy into the market, as some provinces have not clearly differentiated between centralized and distributed energy in their local policies [2][3]. Group 2: Market Dynamics - The Document No. 136 encourages a dual-track approach for spot and medium-to-long-term markets, allowing for price fluctuations between industrial peak prices and new energy cost returns [3]. - The current trend shows a significant decline in electricity prices in the spot market due to the increasing scale of new energy installations and falling coal prices, with some medium-to-long-term prices dropping to 20% below the benchmark price [3]. - The new policy stipulates that electricity included in the sustainable pricing settlement mechanism cannot simultaneously earn green certificate revenues, leading to a choice between compensation income and green certificate income for power generation companies [3][4]. Group 3: Green Certificate Market - The anticipated reduction in the availability of green certificates due to the new policy could significantly impact export-oriented companies and regions that rely on purchasing green certificates to meet renewable energy consumption responsibilities [4]. - The price of green certificates has surged from around 2 yuan per certificate in January to over 8 yuan following the release of Document No. 136, indicating a shift in market dynamics [4].