Article 8 Electric energy trading shall be conducted by means of contract trading, spot trading and futures trading.
Electric energy contract transaction refers to the electric energy transaction conducted by the main body of the electric power market by signing an electric energy transaction contract. The electricity price agreed in the electricity purchase and sale contract can be formed by both parties through consultation, can also be generated through market bidding or determined in accordance with relevant state regulations.
Spot trading of electric energy refers to the next day or the next 24 hours of electric energy trading generated by power generation enterprises through market bidding, and the real-time electric energy trading organized to ensure the real-time balance between power supply and demand.
Electric energy futures trading refers to the electric energy trading conducted by power market participants at designated trading places by signing futures contracts. An electric energy futures contract refers to an agreement to buy or sell electric energy at a certain price in the future.
Power trading is mainly based on contract trading, supplemented by spot trading, and futures trading is carried out in a timely manner.
Article 9 The electricity market has the prescribed conditions, and it can trade transmission rights and auxiliary services with the approval of the electricity regulatory agency.