New Energy
China's first green power transmission rights transaction landed
Seetao 2026-06-22 14:25
  • Deepen the reform of the power system and accelerate the construction of a unified national power market system
  • Open up cross provincial channels for green electricity and assist in the green and low-carbon transformation and upgrading of regional industries
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The vast interconnection between the North and South power grids has brought about a new transformation in a cross provincial power channel. Green power travels thousands of miles to the manufacturing plant, marking the official start of a market-oriented reform of power transmission resources.

The first green electricity transaction in the country has landed

On June 21, 2026, the first market-oriented green power transmission rights transaction in China was officially launched for power transmission. Green electricity produced in Anhui is transmitted southward through the Yunxiao DC transmission channel, crossing the two major grids of State Grid and Southern Power Grid, empowering green energy consumption for Guangdong enterprises' production. This innovative transaction model has reshaped the way electricity resources are allocated, and for the first time achieved market-oriented independent allocation of transmission channel usage rights.

Activate transmission channels through bidding mechanism

The Yunxiao DC channel is located at the border of Fujian and Guangdong provinces, and is a cross provincial power artery that connects the north and south. Its transmission capacity is fixed and limited. During the peak period of electricity consumption, the demand for power transmission in various regions is concentrated and surging, and the supply and demand of channel resources are tight. How to define the priority of passage has become a key challenge. The new transmission rights trading model has established a market-oriented bidding system for cross provincial transmission channels. If market entities need to use transmission channels during designated time periods, they can obtain exclusive transmission access rights through bidding. The core of this bidding is not the electricity itself, but the occupation of resources by transmission channels. This innovative mechanism realizes the pricing, calculation, and trading of electricity and transmission channels. In addition to paying the purchase fee, market entities need to obtain channel usage rights through bidding, and the priority of bidding directly determines the transmission order.

The market is enthusiastic to achieve a win-win situation for all parties

After the implementation of the new trading rules, the enthusiasm of market entities to participate has surged. The first transaction attracted 113 market entities from Anhui and Guangdong provinces to actively participate, and the final transaction of green electricity exceeded 20 million kilowatt hours. Among them, BASF's integrated base in Guangdong has purchased about 200000 kilowatt hours of green electricity, effectively reducing carbon emissions in the chemical production process and helping the industry's low-carbon transformation; As a leading exporter of lithium batteries, Shenzhen Haopeng Technology has purchased over 200000 kWh of green electricity and obtained the exclusive 10 day usage right of the transmission channel, accurately matching the export enterprise's demand for traceable and verifiable green electricity. The supply side has also gained a lot, with National Energy Group Anhui Company successfully selling 2.63 million kilowatt hours of green electricity. According to Wang Haichao, Deputy General Manager of Anhui Electric Power Trading Center, this transaction has completely reversed the situation of Anhui's new energy consumption and passive waiting within the province, and achieved a new transformation of cross provincial power resource transmission and active city expansion. A total of 68 new energy enterprises and 1 virtual power plant from Anhui participated in the declaration of this transaction, with an intended declaration of up to 220 million kilowatt hours of electricity, indicating sufficient market potential. The market-oriented transaction of power transmission rights has been implemented, achieving a win-win situation for supply, demand, and region, and highlighting the benefits.

For market enterprises, the new model can accurately lock in transmission channel resources and clearly calculate energy costs. For the operation of the power grid, the market-oriented bidding model accurately activates idle channel resources, significantly improves the utilization rate of inter provincial transmission channels, effectively solves the pain points of new energy power generation and non delivery, maximizes the efficiency of green power transmission, and provides more green energy choices for the market. For the national electricity reform, the first implementation of this project fills the key gap in the construction of a unified national electricity market. Keywords:Domestic new energy latest news,New energy news,New energy information network,New energy latest news,New energy latest reports

From the initial implementation to the widespread promotion, the reform of transmission rights trading has a clear logic and profound significance. By relying on market-oriented means, we can accurately match scarce transmission channel resources with market demand. This reform has opened up stable export channels for Anhui Green Power, provided diversified low-carbon energy choices for Guangdong enterprises, and laid a practical foundation for the national electricity marketization reform. Under the premise of unchanged power grid structure, the efficiency of cross regional allocation of green electricity has been greatly improved.Editor/Gong Ziwei

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