China's Jan-Nov market-based electricity trades up 7.6% YoY

China's cumulative market-based electricity trades reached 6,030.0 TWh over January-November, up 7.6% year on year, representing 63.7% of the nation's total power consumption, showed data from the National Energy Administration (NEA).

Among the total trades, intra-province trades stood at 4,583.0 TWh (6.3% YoY) in the first eleven months, while cross-province reached 1,447.0 TWh (12.1% YoY), data showed.

Of all market-based electricity trades, medium and long-term power supply was 5,768.7 TWh from January-November, while spot power trades totaled 261.3 TWh. Green power trades jumped 41.3% on the year to 296.7 TWh during the given period, data showed.

In November, the power trades gained 7.0% year on year to 548.4 TWh, of which 424.3 TWh (5.7% YoY) belonged to intra-province trades while 124.1 TWh (11.8% YoY) cross-province trades, NEA said.

Of all market-based power trades in November, medium and long-term power supply and spot trades stood at 520.6 TWh and 27.8 TWh, respectively. Green power sales extended rise last month, gaining 42.8% on the year to 33.6 TWh.

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