The electric power reform work was comprehensively promoted. 19 power market trading centers were established.


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The electric power reform work was comprehensively promoted. 19 power market trading centers were established.

On the basis of the transmission and distribution price reform pilot covering more than 60% of the provinces in the country, the construction of another important content power market will be fully advanced.
The reporter learned that the current "Basic Rules for the Power Market in Non-Spot Pilot Areas (Trial)", "Basic Rules for the Power Market in Spot Pilot Areas (Trial)", and "Notice on Doing a Good Job in the Construction of the Power Market" It has been prepared and consulted internally. According to the current thinking, the pilot of the spot market needs to meet the three indicators of the power generation market power, the proportion of renewable energy installed, and the cross-provincial sales of electricity.
Along with this, the power trading center, which is the core structure of the power market construction, is also intensive. According to the incomplete statistics of the "Economic Information Daily" reporters, in addition to the two national-level trading centers in Beijing and Guangzhou, 17 provincial-level power trading centers have been established so far, and the North China and Central China regional power trading centers are also in the pipeline. The industry believes that the promotion of reform under the current framework is not an easy task, but the oversupply of the oversupply price will be the general trend.
For a long time, under the complete set of closed-loop mechanism of project approval system, price approval system and annual planned electricity distribution system, China's power industry is in a state where enterprises operate electricity for the state and the state controls the operation of enterprises. Since the power system reform was implemented in 2002, the power market trials have been carried out in the northeast and east China regions, and energy exchanges across provinces, direct electricity transactions, and power generation rights transactions have been carried out. Among them, the direct trading of electric power has the widest range, and the transaction volume has the fastest growth, but it is always a unilateral price reduction mechanism lower than or equal to the government benchmark electricity price, and there is no price signal reflecting the change of supply and demand.
On March 15, 2015, the Central Committee of the Communist Party of China and the State Council issued the "Several Opinions on Further Deepening the Reform of the Power System," which was hailed as a new round of power reforms, requiring regions with conditions to gradually establish medium- and long-term transactions. The main rules are to avoid risks, to find the price with spot transactions, and to complete the power market with complete varieties and functions.
The marketization of electricity is to achieve the real-time balance of the power system, and to realize the quantity, quantity and price of electric energy can be negotiated and decided by the purchase and sale parties like ordinary commodities. Relevant departments involved in the power reform said that according to the 1+N model, a series of supporting rules such as the “Basic Rules for the Operation of the Electricity Market”, the “Measures for the Supervision of the Electricity Market” and the “Basic Rules for the Medium- and Long-Term Electricity” have been completed. The organization, check, execution, settlement, deviation processing, information feedback, market intervention, etc. of the transaction were established, and a relatively complete medium and long-term trading system was established to initially meet the needs of various market transactions in the near stage.
The most crucial thing is the construction of the spot market, which is considered to be the last mile of the success of market-oriented reform. According to reports, the next step will be to select suitable areas for short-term, real-time trading in the spot market pilot, through the market mechanism to form electricity dispatching methods, balance power supply and demand, manage transmission resistance plugs and provide ancillary services, through market mechanisms to find Price signal.
According to the current thinking, piloting the spot market, the installed share of the single market entity participating in the market transaction shall not exceed 30% in principle, or the market share of the four largest power generation enterprises shall not exceed 65%, or the market concentration index (HHI index) shall not exceed In 2000, the installed capacity of renewable energy other than hydropower accounted for no more than 30% of the local unified installation. The cross-provincial power consumption (excluding point-to-network power supply) accounted for more than 30% of the local unified power transmission.
At present, there are only two national-level power trading centers in China. The Beijing and Guangzhou Power Trading Centers mainly implement national directive plans and inter-local framework agreements, with large-scale medium- and long-term transactions. The medium and long-term and spot transactions of Xiaozong are mainly in the provincial-level power trading center. The relevant department said.
According to the reporter's understanding, the Beijing and Guangzhou power transactions have been registered and traded. The meeting of the shareholders meeting of the Guangzhou Electric Power Trading Center and the board of directors and the board of supervisors held recently confirmed that in 2016, it will do its utmost to organize monthly incremental transactions, and strive to increase the surplus hydropower in the west. In the transaction organization, it is proposed to introduce power generation based on the current purchase of power grid companies. Businesses and large users trade directly through the inter-provincial trading platform.
At the same time, 17 provincial-level power market trading centers were established in Xinjiang, Qinghai, Ningxia, Tianjin, Jilin, Jiangsu, eastern Inner Mongolia, Heilongjiang, Shandong, Hebei, Guizhou, Shanghai, Fujian, Shaanxi, Sichuan, Anhui, and Henan. Yunnan said it will form the Kunming Electric Power Trading Center, which is open to the inside and outside the province. It will also conduct cross-border power trading when conditions are ripe. In addition, the formation of North China and Central China Power Trading Center and regional market construction are also in the pipeline.
It is worth noting that the provincial-level power trading institutions that have been established in the operation area of ​​the State Grid are formed in the mode of their wholly-owned subsidiaries, while the South Network region is the relative holding mode of the grid. At present, the long-term plan power allocation of the trading center does not touch the core power of the grid to allocate resources. There is no change in the dispatching system and the settlement system, and the electricity market transactions are not completely competitive. The switch to further advance the reform is in the hands of the grid. Feng Yongzhen, an associate researcher at the Institute of Finance and Economics of the Chinese Academy of Social Sciences, said that the current local level, especially the resource-saving and energy-saving reform, is highly enthusiastic. In addition to the purpose of marketization, it is also the visible price reduction of electricity prices. In the current context of oversupply, local power trading is fiercely competitive, and the price cuts are getting larger and larger.