China Releases Peer-to-Peer Electricity Trading Rules

9 December 2024

Decentralization and new market opportunities

China has unveiled new regulations for peer-to-peer (P2P) electricity trading. These rules are aimed at creating conditions for direct transactions between producers and consumers, which is part of the strategy to modernize the national power grid.

The document defines the mechanism for conducting transactions and the roles of market participants, including electricity producers, platform operators and consumers. It also regulates monitoring and reporting issues, which should contribute to the transparency of transactions and the stability of the system.

Particular attention is paid to supporting renewable energy sources. The new model will allow small producers, such as solar panel owners, to participate in trading on an equal basis with large generators.

The initiative is aimed at improving the efficiency of the energy sector, expanding decentralization and stimulating the use of clean energy, which is in line with the country’s long-term environmental goals.

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