China’s biggest grid company will create a forum that’ll allow for widespread power trading across provinces, part of the government’s efforts to smooth out supply and enhance the availability of clean energy.
The new spot market to allow generators and their customers to buy and sell electricity will be hosted on the Beijing Power Exchange Center, State Grid Corp. of China said Wednesday. The announcement preceded comments from President Xi Jinping calling for a better nationwide system for sharing power, which were reported by the official Xinhua News Agency.
