The first electricity trading in Guangxi after reflects the vitality of the market
2022-03-01
It was learned from Guangxi electric power trading center that the first electricity market-oriented transaction after the Spring Festival on February 15 was 4 million kwh. Since the beginning of this year, a total of 11 batches of transactions have been organized, with a transaction volume of 50.997 billion kwh, accounting for 61.44% of the annual transaction scale, realizing a stable start of the market and ensuring the basic price of transactions throughout the year.
The "opening" of the power market after the festival reflects the vitality of Guangxi power market. On the one hand, it is to overcome the fluctuation risk of the market caused by the economic downturn and the rise of coal and other primary energy prices. The reserve volume and steady growth, and the market transaction is expected to be relatively stable. Up to now, the transaction power has exceeded 60% of the annual planned transaction scale. On the other hand, the market entry users are still active. In January, there were 89 new market participants and 10193 market participants, an increase of 19.27% year-on-year.
"In order to do a good job in marketization trading after the festival, we strive to overcome COVID-19's pressure and demand contraction, supply shocks, and the expected weakening challenges, fully tap the trading space, take the initiative to track the demand for electricity users to cut production and stop production, and adjust the transaction prices in a timely manner through the coal electricity linkage mode, stimulating enterprises to increase production and electricity consumption." Ma Qiong, deputy general manager of Guangxi trading center, said that since the beginning of this year, by tapping the needs of users and guiding new and increasing production enterprises to participate in transactions in time, enterprises have been stimulated to increase production and use of electricity. At present, 7816 household power users, 55 power sales companies and 13 power generation enterprises have participated in market-oriented transactions.
Guangxi gave full play to the market platform and hub role of the power trading center, shortened the trading cycle and increased the trading frequency. In 2022, it carried out centralized trading within the month for the first time, organized two batches of centralized trading within the month, and the trading volume was 704 million kwh, providing more choices for market entities to implement the incremental power demand within the month, reduce trading deviation and reduce assessment risk, It has laid a foundation for the gradual transition from medium and long-term trading to spot trading.
In order to do a good job in the service of market subjects, the center optimizes the transaction access registration process, expands the transaction scope, and is open to all industrial and commercial users above 10kV in the region. Regardless of the size of the enterprise, it can choose to directly participate in the power market transaction. Improve the settlement efficiency, arrange personnel to work overtime during the Spring Festival, complete the settlement documents in January 2022, and ensure the timely issuance of electricity bill settlement documents of more than 8000 market entities.
Guangxi Guilin Jingcheng Biotechnology Co., Ltd. completed the power market access registration on January 17, with a transaction volume of 440900 kwh this year, which provides a strong guarantee for the company to start production. "After participating in the market-oriented transaction, on the one hand, we have guaranteed the power, on the other hand, we have obtained tangible benefits, and we are more confident to reach full production." Lu Jinhui, head of the company, said.
It is reported that in the next stage, the center will also give full play to the role of stabilizing growth, promoting reform and benefiting people's livelihood, do a good job in the conventional transaction of electric energy, the agency power purchase transaction of power grid enterprises and green power transaction, scientifically carry out the demand side response transaction, make full use of market means to stabilize the power consumption expectation of enterprises, and help the autonomous region achieve a "good start" in the first quarter.
The "opening" of the power market after the festival reflects the vitality of Guangxi power market. On the one hand, it is to overcome the fluctuation risk of the market caused by the economic downturn and the rise of coal and other primary energy prices. The reserve volume and steady growth, and the market transaction is expected to be relatively stable. Up to now, the transaction power has exceeded 60% of the annual planned transaction scale. On the other hand, the market entry users are still active. In January, there were 89 new market participants and 10193 market participants, an increase of 19.27% year-on-year.
"In order to do a good job in marketization trading after the festival, we strive to overcome COVID-19's pressure and demand contraction, supply shocks, and the expected weakening challenges, fully tap the trading space, take the initiative to track the demand for electricity users to cut production and stop production, and adjust the transaction prices in a timely manner through the coal electricity linkage mode, stimulating enterprises to increase production and electricity consumption." Ma Qiong, deputy general manager of Guangxi trading center, said that since the beginning of this year, by tapping the needs of users and guiding new and increasing production enterprises to participate in transactions in time, enterprises have been stimulated to increase production and use of electricity. At present, 7816 household power users, 55 power sales companies and 13 power generation enterprises have participated in market-oriented transactions.
Guangxi gave full play to the market platform and hub role of the power trading center, shortened the trading cycle and increased the trading frequency. In 2022, it carried out centralized trading within the month for the first time, organized two batches of centralized trading within the month, and the trading volume was 704 million kwh, providing more choices for market entities to implement the incremental power demand within the month, reduce trading deviation and reduce assessment risk, It has laid a foundation for the gradual transition from medium and long-term trading to spot trading.
In order to do a good job in the service of market subjects, the center optimizes the transaction access registration process, expands the transaction scope, and is open to all industrial and commercial users above 10kV in the region. Regardless of the size of the enterprise, it can choose to directly participate in the power market transaction. Improve the settlement efficiency, arrange personnel to work overtime during the Spring Festival, complete the settlement documents in January 2022, and ensure the timely issuance of electricity bill settlement documents of more than 8000 market entities.
Guangxi Guilin Jingcheng Biotechnology Co., Ltd. completed the power market access registration on January 17, with a transaction volume of 440900 kwh this year, which provides a strong guarantee for the company to start production. "After participating in the market-oriented transaction, on the one hand, we have guaranteed the power, on the other hand, we have obtained tangible benefits, and we are more confident to reach full production." Lu Jinhui, head of the company, said.
It is reported that in the next stage, the center will also give full play to the role of stabilizing growth, promoting reform and benefiting people's livelihood, do a good job in the conventional transaction of electric energy, the agency power purchase transaction of power grid enterprises and green power transaction, scientifically carry out the demand side response transaction, make full use of market means to stabilize the power consumption expectation of enterprises, and help the autonomous region achieve a "good start" in the first quarter.
Source: International Energy Network