Recently, the National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) issued an official reply on the Plan for the Regularized Cross-Grid Power Trading Mechanism. The document clarifies that State Grid Corporation of China and China Southern Power Grid Corporation shall, during the 2025 summer peak load period, rely on the regularized cross-grid trading mechanism to achieve optimal allocation of power resources and better support power supply guarantee. Before the end of the year, they shall further unify market rules, trading varieties and trading timelines to realize the regular operation of cross-grid power trading.

State Grid Corporation of China and China Southern Power Grid Corporation shall fulfill their primary responsibilities, continue to improve cross-grid trading rules in accordance with relevant policy requirements, strengthen the interconnection of technical platforms and mutual recognition of information sharing, and promptly realize the "one-place registration, national sharing" for power market participants. They shall improve the price mechanism for inter-provincial and inter-regional emergency dispatching as well as settlement management, timely track the operation status of the market, enhance information disclosure and submission, formulate emergency plans, effectively prevent market risks, and ensure the safe and stable operation of the power system. Major issues shall be reported to the National Development and Reform Commission and the National Energy Administration in a timely manner. The National Development and Reform Commission and the National Energy Administration will continue to strengthen guidance on regularized cross-grid trading, improve supporting policies, coordinate and solve problems in a timely manner, and further improve the national unified power market system.