National Energy Administration: This year we will promote new breakthroughs in the construction of the Yangtze River Delta electricity market.

On April 22, the National Energy Administration held a special meeting on promoting the construction of the Yangtze River Delta electricity market. The meeting emphasized the need to achieve new breakthroughs in the construction of the Yangtze River Delta electricity market this year. First, systematic planning and orderly advancement are essential. The implementation plan for the construction of the Yangtze River Delta electricity market by 2026 was issued, market risk disposal plans were strengthened, technical support systems were improved, and electricity trading platforms were interconnected, with trading information shared and mutually recognized. Second, meticulous work and practical results are sought. Coordination is promoted across provinces and regions, and mechanisms for connecting inter-provincial and intra-provincial transactions are improved. Trading varieties are optimized and integrated, achieving medium to long-term rolling matching and continuous opening of real-time inter-provincial transactions, and exploring the participation of demand-side resources in mutual aid transactions. Third, close cooperation and unity are necessary. The roles of the Market Management Committee and joint meetings are fully utilized to build consensus and form a united front, with efforts made to break down market segmentation and trading barriers, and further explore the potential of synchronous mutual assistance in regional power grids.