Southern Regional electricity spot market

China — Guangdong; China — Guangxi; China — Yunnan; China — Guizhou; China — Hainan. Status: continuous settlement trial operating in 2025.

Wholesale design: Regional spot-market layer coordinating the five southern provinces while provincial markets and settlements remain analytically distinct.

Market type
Regional market overlay
Operator
China Southern Power Grid
Nominal frequency
50 Hz
Where energy trades

Where does energy trade in Southern Regional electricity spot market?

Energy in Southern Regional electricity spot market trades in 2 layers: regional spot and interprovincial.

Revenue routes

Merchant revenue routes

  • regional spot energy
  • interprovincial energy
Caveats

Technical notes

Non-additive overlay. Guangdong is also a formally operating provincial spot market.

Where this comes from

Official sources

Market explainer

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

Questions

Common questions about Southern Regional electricity spot market

Who operates Southern Regional electricity spot market?
China Southern Power Grid operates Southern Regional electricity spot market, covering China — Guangdong, China — Guangxi, China — Yunnan, China — Guizhou and China — Hainan.
How is energy traded, priced and settled in Southern Regional electricity spot market?
Southern Regional electricity spot market: Regional spot-market layer coordinating the five southern provinces while provincial markets and settlements remain analytically distinct.
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