In the first half of 2023, China’s market-based transaction electricity accounted for more than 60% of the total electricity consumption in society.
Liu Gang, deputy director of the Market Supervision Department of China’s National Energy Administration, said in Beijing on July 31 that in the first half of 2023, electricity trading centers across the country had organized and completed market-based trading of 2,650.1 billion kilowatt-hours of electricity, a year-on-year increase of 6.7%, accounting for 10% of total social consumption. The proportion of electricity reaches 61.5%.
At a press conference held by the National Energy Administration of China that day, Liu Gang said that the National Energy Administration continues to promote the construction of a unified national power market system, and the scale of market-based trading of electricity will continue to grow steadily in the first half of 2023.
He introduced that in the first half of 2023, the total electricity consumption in the whole society was 4,307.6 billion kilowatt hours, a year-on-year increase of 5.0%. A total of 2,650.1 billion kilowatt-hours of electricity have been organized and completed by various power trading centers across the country, a year-on-year increase of 6.7%, accounting for 61.5% of the total social electricity consumption, a year-on-year increase of 0.9 percentage points.
He said that from the perspective of the scope of transactions, the amount of electricity traded in the province was 2,131.8 billion kWh, of which 2,055.8 billion kWh were direct transactions, and 76 billion kWh were transferred from power generation contracts and other transactions. Inter-provincial and cross-regional transactions of electricity amounted to 518.3 billion kWh, including 58.4 billion kWh of direct transactions, 455.7 billion kWh of inter-provincial transmission transactions such as “network-to-network” and “point-to-network”, and 4.2 billion kWh of power generation contract transfer transactions.
In terms of operating areas, he revealed that the market-based transaction electricity in the State Grid’s operating areas was 2,089.8 billion kilowatts, a year-on-year increase of 7.1%, accounting for 61.3% of the total social electricity consumption in the region; the market-based transaction electricity in the China Southern Power Grid’s operating areas was 426.8 billion kilowatts. At the same time, it increased by 2.2% year-on-year, accounting for 59.3% of the total electricity consumption in the region; the market-based transaction electricity in the Inner Mongolia Power Grid operating area was 133.5 billion kilowatt-hours, an increase of 17% year-on-year, accounting for 74.4% of the total electricity consumption in the region. .