Our countryWe are committed to accelerating the construction of a unified market covering the whole country, and are committed to eliminating the barriers of local protectionism and market segmentation. The national integration of the electricity market is a key part of this ambitious market-building strategy. Since the National Development and Reform Commission put forward the goal of initially achieving the goal of initially achieving a unified national electricity market by 2025 and basically establishing a unified national electricity market by 2030, the pace of construction of the domestic electricity spot market has been significantly accelerated, and the corresponding supporting systems have been continuously optimized, and a framework for market-based trading has been preliminarily constructed, of which the market-based trading electricity in 2022 has accounted for 60% of the electricity consumption of the whole society. In order to stabilize and develop the unified national electricity market in the future, it is necessary to strengthen the foundation from three key aspects:
Improve the system of trading rulesFocus on promoting the design and improvement of the core mechanism of the market, and gradually strengthen the connection between the medium and long-term market and the spot market, the development of the ancillary service market, the cost transmission mechanism, the participation of new energy in the spot market and capacity compensation and other supporting mechanisms. At the same time, accelerate the exploration of collaborative innovation between the wholesale market and the retail market, so as to build a multi-level power market system with medium and long-term transactions as the cornerstone, spot transactions as the guide, and ancillary service markets as the regulator, so as to ensure the effective connection between markets and the orderly market participation of power products.
Expand the scope of the spot market in an orderly mannerOn the one hand, it is necessary to continuously expand the trading varieties, optimize the types of medium and long-term electricity trading and spot trading, improve the trading varieties such as green certificates, green power trading, capacity compensation and ancillary services, and attract more new energy and emerging market entities to join. On the other hand, based on the experience of the pilot provinces in the spot market, it should be gradually extended to more provinces, improve the market-oriented level of inter-provincial electricity trading, and start the trial operation of the national unified spot market as soon as possible.
Establish a lasting regulatory mechanism for electricity tradingAccelerate the improvement of the modern electricity market supervision framework and operating mechanism, and strengthen the daily monitoring and risk management responsibilities of power trading and dispatching institutions. Ensure the transparent disclosure of market information and improve the ability to supervise electricity trading based on data intelligence. Establish a sound self-discipline management and multi-level social supervision mechanism for market entities, continuously improve the credit system of the electricity market, ensure that market participants strictly abide by the rules, and prevent violations of laws and regulations, especially the occurrence of improper behaviors such as market manipulation and monopoly.