Policy & Regulation

Real-time trading to boost China’s power liberalisation

While the liberalisation of China’s power sector is still far off, efforts in energy trading are making important progress While the liberalisation of China’s power sector is still far off, efforts in energy trading are making important progress.
By Peter Stewart 26 April 2018 0 30605
The launch of China’s yuan-dominated crude oil futures contracts at the Shanghai International Energy Exchange The launch of China’s yuan-dominated crude oil futures contracts at the Shanghai International Energy Exchange. (PA)

China’s National Energy Administration (NEA) aims to launch spot electricity trading in eight regions of the country by the end of 2018, bolstering government efforts to liberalise the heavily regulated sector. Transparent power trading is a key element of Beijing’s plan to liberalise power prices, and real-time spot trading would be seen as the jewel in its crown. 

The new markets, which will allow real-time domestic trading of electricity on a spot and day-ahead basis for the first time, are to be rolled out in Inner...