Build a national unified energy market to resolve supply structural problems

The "Opinions of the Central Committee of the Communist Party of China and the State Council on Accelerating the Construction of a Large National Market" was released on April 10, which clarified the overall requirements, main goals and key tasks for accelerating the construction of a large national unified market from an overall and strategic perspective

In an exclusive interview with Xinhua News Agency, the person in charge of the National Development and Reform Commission said that in recent years, important progress has been made in the construction of the national unified large market, the scale effect of the unified large market has continued to emerge, the basic system has been continuously improved, market facilities have been accelerated, and the construction of the factor market has taken important steps.

The opinion calls for "creating a unified market for factors and resources", and one of the key tasks includes building a unified energy market across the country

Effectively resolve the structural problems of adequate supply and cost control

Li Lei, head of the Strategic Research Department of the Shanghai Petroleum and Natural Gas Trading Center, a national energy trading platform, said in an analysis of The Paper that in the construction of a "unified big market" for energy, the oil and gas field is different from the power and coal fields.

Li Lei believes that the establishment of a unified national energy market can effectively resolve the structural problems of adequate supply and cost control

How to find oil and gas prices in this large market is an important issue

Among them, the establishment of the national unified spot market system is not a simple national "same price", but a comprehensive system combining the whole and the parts by combining the conditions of different regions and adapting to local conditions to realize the unification of factor market rules and supervision

The construction of the national unified power market system is accelerating

In the field of electricity, prior to this, the construction of a unified national electricity market system has already begun, and will be fully accelerated during the "14th Five-Year Plan" period

The 22nd meeting of the Central Committee for Comprehensively Deepening Reforms held in November last year pointed out that it is necessary to follow the laws of the operation of the electricity market and the laws of the market economy, optimize the overall design of the electricity market, and realize the sharing, mutual benefit and optimal allocation of electricity resources across the country.

In January this year, the National Development and Reform Commission and the National Energy Administration announced the "Guiding Opinions on Accelerating the Construction of a National Unified Electricity Market System" (hereinafter referred to as the "Guiding Opinions"), which clearly stated that by 2025, a national unified electricity market system will be initially formed, and the national market and provincial Coordinated operation of (district, city)/regional markets; by 2030, a national unified power market system will be basically built, adapting to the requirements of the new power system, and realizing the joint operation of the national market and provincial (regional, municipal)/regional markets

According to the National Development and Reform Commission, since the new round of power system reform, the construction of China's power market has been steadily and orderly, the pattern of multiple competition entities has initially formed, the role of the market in the optimal allocation of resources has been significantly enhanced, and the proportion of market-based transaction electricity has increased significantly

Feng Yongsheng, an associate researcher at the Institute of Financial and Economic Strategy of the Chinese Academy of Social Sciences, wrote an article at the time, saying that when the new round of electrical corrections has gone through seven years, some experiences need to be summarized and some lessons need to be learned

Chen Qixin, deputy dean of the Energy Internet Research Institute of Tsinghua University, believes that the unified national power market will form a complete power market nationwide with full market coverage, fully compatible transaction timing, flexible transaction varieties, diverse market players, consistent basic rules, and unified transaction standards.

He said that China's clean energy is mainly concentrated in the "Three North" areas.