中国电力中长期交易机制分析与思考

中国电力中长期市场经过多年建设取得了良好成效。但随着新型电力系统建设，整体市场形态发生改变，中长期交易在实现市场衔接与融合、支撑新能源入市与消纳等方面面临新的挑战。文中首先梳理了现阶段下中长期市场的建设关键要点。然后，从交易规则差异性、与现货市场衔接、两级市场协同以及绿电市场运营 4 个方面对当前中长期市场的交易机制进行回顾与评述。最后，从市场统一与绿色发展的角度对未来中长期市场的建设方向提出建议。

Analysis and Cogitation on Trading Mechanism of China

The medium- and long-term electricity market in China has achieved good results after years of construction. But with the construction of new power systems, the overall market structure has changed, and medium- and long-term trading faces new challenges in achieving market connection and integration, supporting the entry and consumption of renewable energy into the market, and so on. The paper first outlines the key points for the construction of the medium- and long-term market at the current stage. Then, a review and evaluation of the current medium- and long-term market trading mechanisms will be conducted from four aspects: differences in trading rules, connection with the spot market, coordination between the two markets, and operation of the green electricity market. Finally, suggestions are made for the construction direction of the future medium- and long-term market from the perspective of market unity and green development.