China interprovincial electricity spot market

China. Status: operational and expanding under the national unified-market programme.

Wholesale design: Cross-province and cross-region spot-trading layer coordinated with provincial and regional markets; it is not a separate physical system.

Market type: Interprovincial market overlay
Nominal frequency: 50 Hz

Where energy trades

Where does energy trade in China interprovincial electricity spot market?

Energy in China interprovincial electricity spot market trades in 2 layers: interprovincial spot and cross-regional energy.

Revenue routes

Merchant revenue routes

interprovincial spot energy
cross-regional energy

Caveats

Technical notes

Non-additive trading layer; do not count as an additional sovereign system or sum with provincial traded volumes.

Where this comes from

Official sources

Market explainer

Notice on comprehensively accelerating construction of electricity spot markets National Development and Reform Commission of China and National Energy Administration of China
2025 national electricity-market construction and operation report National Energy Administration of China

Current as of 2025-12-31 · from the Global Electricity Market Catalogue v1.2.0 (compiled to 2026-08-04, CC BY 4.0). Facts belong to the linked official authorities; verify the current rules before design or bidding decisions.

Questions

Common questions about China interprovincial electricity spot market

How is energy traded, priced and settled in China interprovincial electricity spot market?: China interprovincial electricity spot market: Cross-province and cross-region spot-trading layer coordinated with provincial and regional markets; it is not a separate physical system.

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