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State Grid Marketization Transaction Volume Breaks through 1 trillion KWh

source:time:2019-06-12

Polaris Star Power Distribution News: With the steady progress of the new round of power system reform, the scale of electricity market transactions in China has been expanding. According to data released by State Grid Corporation on the 30th, the company has set up Beijing Electric Power Trading Center and 27 provincial electric power trading centers. Since 2016, it has completed market-oriented trading of 10,129 billion kilowatt-hours of electricity, reduced consumer electricity expenditure by 37.3 billion yuan, effectively releasing the reform dividend.

The new round of electricity reform is known as "the reform that gnaws hard bone". Its greatest highlight is that it proposes to steadily push forward the reform of electricity sales side, and orderly liberalize the distribution and sale business to social capital. Whether the planned transaction of "government pricing" can be transferred to the market transaction of "negotiated pricing" between the two sides is the key to the success of the reform.

"At present, the market competition pattern of buying more and selling more has initially taken shape." Wei Biao, deputy director of the State Grid Corporation's physical reform office, said that there are three types of power generation enterprises, power users and electricity sales companies in the company's operating area, totaling 37769 market participants registered on the trading platform and participated in relevant market transactions.

From January to April this year, State Grid operated a regional trading capacity of 1235.6 billion kWh, an increase of 6.9% over the same period last year. Among them, the medium-term and long-term planned power consumption is 1013.4 billion kilowatt-hours, while the market trading power consumption is 222.2 billion kilowatt-hours, up by 73.1%, which shows that the enthusiasm of market participants to participate in the transaction has greatly increased. Direct electricity trading alone will reduce user expenditure by 6.7 billion yuan.

In addition, the completion of the establishment of trading institutions not only liberalizes the free choice of users, but also promotes the consumption of clean energy. It is understood that the provincial power market management committees set up by the provinces make full use of the surplus space of cross-regional corridors on the basis of completing cross-provincial and regional long-term transactions, and carry out cross-regional incremental spot transactions of renewable energy, which has played a positive role in alleviating the problem of abandonment and abandonment of light.