Key facts
- The southern regional power market covers Guangdong, Guangxi, Yunnan, Guizhou, and Hainan.
- More than 290,000 market participants are registered.
China's first regional electricity market commenced full operations on Saturday, integrating Guangdong, Guangxi, Yunnan, Guizhou, and Hainan. The market aims to facilitate trading among power producers, retailers, and large users across these five southern provinces and regions, as Beijing advances its goal of establishing a nationwide power market. The southern regional power market encompasses 63 cities and has registered over 290,000 participants, according to China Southern Power Grid Co. Ltd.