Zhejiang Electricity Spot Market officially begins operation.

Recently, the Zhejiang Provincial Development and Reform Commission, Provincial Energy Bureau, and the Zhejiang Office of the National Energy Administration issued a notice on the official operation of the Zhejiang electricity spot market. In May 2024, the Zhejiang electricity spot market launched a long-term continuous settlement trial operation, which has been running continuously for over a year and has been tested in various scenarios, with overall smooth and orderly operation. With the approval of the provincial government and reported to the National Development and Reform Commission and the National Energy Administration for the record, it has been decided that the Zhejiang electricity spot market will officially enter into operation from now on.