The National Energy Administration said the 15th Five-Year Plan will target a
basically completed national unified power market, focusing on market access,
trading cycles and governance. It will push provincial power trading spot
markets into full formal operation, normalise cross-province transactions during
grid operating periods and enable real-time trading between State Grid and China
Southern Power Grid to deliver surplus wind and solar over long distances.
Trading cycles will be optimised to better match renewable generation
characteristics. The administration also said it will strengthen coordinated
multi-agency supervision, apply uniform enforcement, and crack down on
administrative market intervention, price collusion and abuse of market
dominance to remove local protection and market barriers.
