Southern China regional power market launches, world's largest electricity trading platform

Briefing by News4U · First published

On 24 October the Southern regional power market began formal operations, linking Guangdong, Guangxi, Yunnan, Guizhou and Hainan with over 290,000 registered participants.

On 24 October the Southern regional power market formally opened, creating the world’s largest electricity trading platform and connecting Guangdong, Guangxi, Yunnan, Guizhou and Hainan. [1] [2]

More than 290,000 market participants—about one-quarter of the national total—are now trading coal, hydro, nuclear, wind and solar power under unified rules. [1] [2]

January-September cumulative transactions reached nearly 900 billion kWh, with four-tenths of new sales from renewables and regional renewable utilisation above 95 %. [2]

Sources

  1. 快讯

    Wall Street CN · · Full text

  2. 全球最大“电力超市”开业,南方区域电力市场正式运行

    ITHome · · Summary only

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