Promote new energy to accelerate the market transaction


2022-06-28

At the beginning of this year, the "Guiding Opinions on Accelerating the Construction of a National Unified Electricity Market System" was released, proposing to focus on building a market mechanism that adapts to the new power system, improving the adaptability of the power market to a high proportion of new energy, and orderly promoting the participation of new energy in electricity market transactions .

Promote new energy to accelerate the market transaction

At the beginning of this year, the "Guiding Opinions on Accelerating the Construction of a National Unified Electricity Market System" was released, proposing to focus on building a market mechanism that adapts to the new power system, improving the adaptability of the power market to a high proportion of new energy, and orderly promoting the participation of new energy in electricity market transactions .

According to Chen Zongfa, director of the China Energy Research Association, in 2021, the proportion of electricity generated by new energy in the country participating in market transactions will be about 25% to 30%, mainly inter-provincial transactions. There are 14 provinces and regions participating in the medium and long-term transactions. The methods of participation include direct supply transactions for large users, cross-provincial and cross-regional delivery transactions, wind and fire replacement transactions, and wind power clean heating transactions. Among the first batch of spot market pilots, there are Shanxi and Gansu. In September 2021, the first batch of green power transactions involved 17 provinces and regions, with a transaction volume of 7.935 billion kWh.

"In the '14th Five-Year' period, new energy has become the main body of newly installed power supply. In 2035, new energy will become the main body of power supply installation, and it will become the main body of electricity supply around 2050." Chen Zongfa said that the construction of a unified national power market system has opened the curtain. In 2030, new energy will fully participate in market transactions, and the accelerated entry of new energy into the market is expected to have better market conditions. The accelerated entry of new energy into the market is inevitable, and the risks and challenges it faces require more attention.