Two Departments to Optimize the Market Quotation by Centralized New Energy Power Generation Enterprises

The National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) have issued the Circular on Optimizing Market Quotation by Centralized New Energy Power Generation Enterprises (for Trial Implementation) (the "Circular"), effective from the date of release for a valid term of three years.

The Circular gradually lifts quotation restrictions on centralized new energy power generation enterprises, allowing multiple sites to submit quotation information from the same fixed location. The conditions for centralized quotation, the corresponding work procedures, and other requirements are specified, and the monitoring and supervision of quotation activities among relevant entities are enhanced. The Circular applies to centralized medium- and long-term electricity transactions and spot market transactions in regions where the electricity spot market is officially operating or undergoing a rial operation for continuous settlement. Centralized quotation is permitted only for new energy power generation enterprises within the same corporate group and within the same province (autonomous region or municipality), and the total scale shall not exceed the installed capacity of the largest single coal-fired power plant in the said provincial-level electricity market. The Circular further clarifies that new energy power generation enterprises participating in centralized quotation shall jointly submit a written application to the power trading institution to establish a centralized quotation affiliation. To change or exit such affiliation, an application shall be submitted to the power trading institution, and, in principle, only one exit application is allowed within a three-month period.



(Source: https://www.ndrc.gov.cn/xxgk/zcfb/tz/202512/t20251211_1402340.html)

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