Core Insights - In 2025, China's electricity market transaction volume reached 6.6 trillion kilowatt-hours, marking a year-on-year growth of 7.4% and accounting for 64.0% of the total electricity consumption, an increase of 1.3 percentage points compared to the previous year [1] Transaction Volume Overview - The provincial transaction volume was 5.0473 trillion kilowatt-hours, reflecting a year-on-year increase of 6.2% [1] - The inter-provincial and inter-regional transaction volume was 1.5921 trillion kilowatt-hours, with a year-on-year growth of 11.6%, including 3.4 billion kilowatt-hours from cross-grid operations [1] Transaction Types - The medium and long-term transaction volume was 6.3522 trillion kilowatt-hours, while the spot transaction volume was 287.2 billion kilowatt-hours [1] - Green electricity transaction volume reached 328.5 billion kilowatt-hours, showing a significant year-on-year increase of 38.3% [1] December 2025 Performance - In December 2025, the total electricity market transaction volume was 608 billion kilowatt-hours, up 6.6% year-on-year [1] - The provincial transaction volume for December was 464.1 billion kilowatt-hours, increasing by 5.3% year-on-year, while the inter-provincial and inter-regional transaction volume was 143.9 billion kilowatt-hours, up 11.3% [1] - The medium and long-term transaction volume for December was 582.2 billion kilowatt-hours, and the spot transaction volume was 25.8 billion kilowatt-hours [1] - Green electricity transaction volume in December was 31.7 billion kilowatt-hours, reflecting a year-on-year growth of 32.3% [1]