Jan–Aug 2026, China’s national power market trading volume rose 19.2% YoY. In
August, trading volume was 754.8 bln kWh, up 15.2% YoY. By scope,
intra‑provincial trading totaled 563.8 bln kWh (+16.0% YoY) and
inter‑provincial/inter‑regional 191.0 bln kWh (+11.4%). By product,
mid-to-long‑term trades were 681.9 bln kWh and spot trades 72.9 bln kWh. Green
power trading reached 26.4 bln kWh (+7.7% YoY). Grid companies’ market-based
proxy purchases amounted to 78.2 bln kWh.
