New energy utilization rate reached 96.1% in the first half of the year.

State Grid Co., Ltd. disclosed recently that in January-June, the total trading capacity of the trading centers in the company's business area reached 2194.8 billion kilowatt-hours, an increase of 5.7% over the same period last year. Among them, the market trading electricity volume was 797.3 billion kWh, an increase of 23.7% compared with the same period last year; the direct trading electricity volume was 623 billion kWh, an increase of 23.7% compared with the same period last year, which reduced the customer's electricity consumption cost by 16.6 billion yuan. At present, there are 119,000 registered market participants in the company's business area, of which 28,200 are power generation enterprises, 87,400 are power users and 0.34 million are power sales companies. The market vitality has improved significantly. It is understood that this is one of the achievements made by the State Grid in actively promoting a new round of electricity reform.

Active market transactions have promoted the steady increase of clean energy consumption. From January to June, the trading capacity of clean energy in the State Grid Management Zone increased by 15.3% compared with the same period last year. Among them, the trading capacity of new energy such as wind power and photovoltaic power increased by 16.4% compared with the same period last year. Market-oriented electricity transactions have strongly promoted the absorption of new energy. In the first half of the year, the utilization rate of new energy in the state grid operating areas was 96.1%, which increased by 2.8 percentage points over the same period last year. This means that the company has fulfilled its target of "using more than 95% of new energy in 2019". At the same time, the State Grid has actively implemented various electric power reform tasks, such as spot market construction pilot project, incremental distribution reform pilot project, independent and standardized operation of trading institutions, and so on.

In the first half of the year, with the start of simulated trial operation in Zhejiang, Sichuan, Fujian and Shandong electric power spot markets, it marked that the first six pilot units of spot market construction in the State Grid Operation Zone started trial operation in an all-round way, completed the task of spot market pilot construction in the first half of 2019, and marked that China's electric power market reform has taken off. A key and substantial step; Beijing Electric Power Trading Center Co., Ltd. has received the approval of the State Asset Management Commission of the State Council, and 24 provincial electric power trading institutions have accelerated the joint-stock transformation, which has created good conditions and laid a solid foundation for further deepening the independent and standardized operation of trading institutions.

In incremental distribution reform, the State Grid further decentralized decision-making authority, streamlined management process, and effectively ensured a fair and non-discriminatory open power grid. Up to now, China has approved 404 pilot projects in four batches, 321 national network operating areas, accounting for nearly 80%. It is reported that in the first three batches of 256 pilot projects in the company's business area, 121 owners have been identified, 84 project companies have been formed, 53 grid-connected and 49 power business licenses have been obtained. Among them, the first batch of pilot projects have basically all identified owners.

It is understood that, in connection with the reform of transmission and distribution pricing in the second regulatory cycle, the National Development and Reform Commission (NDRC) has organized a revision of the methods for monitoring transmission and distribution pricing costs. During this period, the State Grid actively cooperated with relevant government departments to fully communicate, so that the effective supervision of grid investment is more in line with business reality.

In addition, in order to build a national unified power market and promote a wide range of optimal allocation of energy resources, the Beijing Electric Power Trading Center has revised the Rules for the Implementation of Interregional and Interprovincial Power Medium-and Long-Term Transactions to strengthen clean energy absorption through market-oriented means. For example, for the first time, the Southwest and Northwest Power Grids have launched a cross-regional hydrothermal power rights transaction, that is, the monthly power generation rights transaction from Sichuan to Qinghai and Ningxia, with a total of 61 million kilowatt-hours of electricity, which has helped to reduce the consumption of standard coal in Northwest China by about 183,000 tons, reduce carbon dioxide by 61,000 tons and sulfur dioxide by about 0.18 million tons for the second half of the year's work. Kuo Wei, chairman of State Grid, pointed out at the company's mid-year working meeting: "Accelerating all kinds of reforms to achieve results, pushing forward the electric power reform more vigorously, carrying out the reform plan of state-owned enterprises in depth, and promoting the reform of"release and control uniforms"to achieve greater results." At the same time, the State Grid will continue to promote the construction of the "two networks", vigorously promote the construction of a strong smart grid, ensure the completion of a new round of rural power grid transformation and upgrading by the end of the year, ensure that the utilization rate of new energy reaches more than 95%; vigorously promote the construction of the ubiquitous Internet of Things, strengthen planning guidance and overall work, accelerate business innovation and sustainability. Tamping the foundation support, deepening data governance and application.