Up 39% Year-on-year! A General Overview Of China's Market-based Electricity Trading in 2022!

Jan 31, 2023 Leave a message

On January 28, the China Electricity Council released the release of 2022 January-December national electricity market trading brief.

 

From January to December, the national power trading centers organized a total of 525.43 billion kilowatt hours of electricity traded in the market, an increase of 39% year-on-year, accounting for 60.8% of the proportion of electricity consumption of society as a whole, an increase of 15.4 percentage points. Among them, the national power market in the medium and long-term power direct trading power totaled 4,140.75 billion kilowatt hours, an increase of 36.2% year-on-year.

 

In December, the national power trading center organizations to complete market transactions of 481.77 billion kilowatt hours of electricity, an increase of 17.9%. Among them, the national power market in the medium and long-term power direct trading power totaled 373.14 billion kilowatt hours, an increase of 17.5%.

 

 

  • First, the national power trading center trading situation

 

January-December, the national power trading centers to complete a total of 525.43 billion kilowatt hours of electricity market transactions, an increase of 39%, accounting for 60.8% of the proportion of electricity consumption of society, an increase of 15.4 percentage points. The total amount of electricity traded in the province was 4,218.13 billion kWh, including 401.41 billion kWh of direct power trading (including 22.78 billion kWh of green power trading and 808.62 billion kWh of power purchase by grid agents), 190.84 billion kWh of power generation rights trading, 960 million kWh of pumping power trading and 12.24 billion kWh of other trading. The total amount of electricity traded between provinces is 103.61 billion kWh, including 126.67 billion kWh of direct inter-provincial power transactions, 899.98 billion kWh of inter-provincial outward transmission transactions, and 9.57 billion kWh of power generation rights transactions.

 

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In December, the national power trading centers organized and completed 481.77 billion kilowatt-hours of electricity traded in the market, an increase of 17.9% year-on-year. The total amount of electricity traded within the province was 379.35 billion kWh, including 362.86 billion kWh of direct power trading (including 2.84 billion kWh of green power trading and 87.29 billion kWh of power purchase by grid agents), 15.09 billion kWh of power generation rights trading, 0.4 billion kWh of pumping power trading, and 0.99 billion kWh of other trading. The total amount of power traded between provinces was 102.42 billion kWh, including 10.27 billion kWh of direct power trading between provinces, 91.15 billion kWh of outgoing power trading between provinces and 1 billion kWh of power generation rights trading.

 

From January to December, the State Grid regional power trading centers organized and completed a total of 416.82 billion kWh of market electricity, up 42.7% year-on-year, accounting for 60.8% of the region's total social electricity consumption, of which the Beijing Power Trading Center organized and completed a total of 960.9 billion kWh of inter-provincial power trading, up 50.6% year-on-year; the Southern Power Grid regional power trading centers accumulated The total amount of electricity traded in the market by the power trading centers in the Southern Power Grid region was 853.63 billion kWh, up 27.4% year-on-year, accounting for 58.3% of the total electricity consumption in the region, including 75.31 billion kWh traded between provinces by Guangzhou Power Trading Center, up 27.6% year-on-year; 238.89 billion kWh traded in the market by Inner Mongolia Power Trading Center, up 24.9% year-on-year, accounting for 24.9% of the total electricity consumption in the region. 24.9%, accounting for 71.9% of the proportion of the region's total social electricity consumption.

 

 

  • The national power market in the medium and long-term power direct trading situation

 

January to December, the national power market in the long-term direct power trading power totaled 4,140.75 billion kilowatt hours, an increase of 36.2%. Among them, the provincial power direct trading (including green power, grid on behalf of the purchase) power totaled 401.41 billion kilowatt hours, direct inter-provincial power trading (by) a total of 126.65 billion kilowatt hours.

 

In December, the national power market in the long term direct power transactions totaled 373.14 billion kilowatt hours, an increase of 17.5%. Among them, the provincial power direct trading (including green power, grid on behalf of the purchase) power totaled 362.86 billion kwh, and the inter-provincial power direct trading (external acceptance) power totaled 10.27 billion kwh.

 

From January to December, the national grid region in the medium and long-term power direct trading power totaled 3,199.53 billion kwh, an increase of 38.5%; the southern grid region in the medium and long-term power direct trading power totaled 736.75 billion kwh, an increase of 28.3%; Mengxi grid region in the medium and long-term power direct trading power totaled 204.47 billion kwh, an increase of 31%.
 

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