The new round of China’s power sector reform marked by “Document No. 9” focuses on solving the problem of lacking market mechanism in the electric power industry, and set the goals and tasks of deepening reform of China’s power sector. It is more than three years since the implementation of the reform, with the liberalization of power generation& consumption plan, the verification of transmission and distribution fees, and the open-up of electricity retail market and incremental power distribution business, these great successes have brought various market players rich dividends. In 2018, the electricity power market is still staying in the medium and long-term market, while the spot market has entered the pilot stage. Only when the spot market is fully launched can the value attributes of electricity, a special commodity, be brought into full play.
It is required by the State that “By the end of 2018, the pilot spot market should be started; and by 2020, the spot market should be fully launched". The pilot spot market in the South China (starting in Guangdong), West Mongolia, Zhejiang, Shanxi, Shandong, Fujian, Sichuan and Gansu province has already started. At present, these pilot areas are actively carrying out preparations for scheme design and rulemaking.
By the end of 2018, according to the official data of the Traffic Administration Bureau of the Ministry of Public Security, the total number of new energy vehicles (NEVs) in China has reached 2.61 million, accounting for 1.09% of the total number of vehicles. Compared with 2017, the number of new energy vehicles has increased by 1.07 million, 70.00%. According to statistics, the number of new energy vehicles has increased by an average of 500,000 annually in the past five years, and it is accelerating. Since the Pilot Spot Market is about to start, the participation of energy storage, new energy, electric vehicles and charging piles in electricity market has been expected to become a very important trend.
NengApp continues to co-sponsor the "2019 (Third) China Electricity Market International Summit (CEMIS) & the Establishment Conference of IEEE PES CHINA Electric Vehicle Technical Committee " with the China Electric Power Research Institute, the Energy Foundation and the State Grid Electric Vehicle Service Co., Ltd. The Summit will invite international power market institutions, competent authorities, power exchange centers, power retailers, electric vehicle companies, value-added service companies, financial institutions and other organizations to gather in Beijing to discuss related topics such as spot market and power financial market.
（Beijing NengApp Technology Co., Ltd: Beijing NengApp Technology Co., Ltd was established in September 2015, and is directly under the Global Energy Internet Development Cooperation Organization. The Global Energy Internet Development Cooperation Organization (GIEDO) is a voluntary international organization composed of enterprises, organizations, institutions and individuals committed to promoting sustainable energy development in the world. The registration place is located in Beijing. Liu Zhenya, as the former chairman, general manager and party secretary of State Grid Corporation, was the chairman of the cooperative organization. Zhu Diwen, former vice chairman of the Department of Energy of the United States, was the vice chairman of the cooperative organization. Shu Yinbiao, former chairman of State Grid Corporation and chairman of Huaneng Group, was the vice chairman of the cooperative organization.）
China Electricity Market International Summit (CEMIS) & the Establishment Conference of IEEE PES CHINA Electric Vehicle Technical Committee
June 1st-2nd, 2019
China, Beijing, Guidu BJ Hotel
Beijing NengApp Technology Development Company
State Grid Electric Vehicle Service Co., Ltd.
China Electric Power Research Institute
China Energy Research Society
National Development and Reform Commission, National Energy Administration, National Electric Power Dispatching and Control Center, Power Exchange Centers, Enterprise Representatives, Financial Institutions Representatives, Relevant International Institutions
Development and Prospect of Electricity Market under Spot Trading
1. Locational Marginal Pricing (LMP) Market and Financial Transmission Rights (FTRs) in the United States
2. Spot Trading of Cross-regional Inter-provincial Surplus Renewable Energy 3.Establishment of IEEE PES CHINA Electric Vehicle Technical Committee
4.Electric Vehicle(EV) Technology Innovation and EV’s Participation in Electric Power Market
5. Market Construction Experience Sharing of the Spot Market Pilot Provinces
6.Financial Support for Spot Market Platform Operation
7.Credit Construction and Settlement System of Electricity Spot Trading
8.Power Finance and Risk Control
9.Ubiquitous Electric Power Internet and Power Market
10.Solution of Distributed Energy Market Trading System
11.The Implementation of Energy Storage Participating in Electricity Spot Trading in China and Foreign Countries
12.Electric Vehicle Motor System
13.Power Battery Management of Electric Vehicle
14. Interconnection and Interaction of Electric vehicle and the Grid
15.Electric Vehicle System Control and Operation Management
16.Electric Vehicle Charging Infrastructure
17.Innovative Business Model of Electric Vehicle
18.Path and Scheme Design of Electric Vehicle Participating in Electric Power Market
The Largest International Communication Platform for Electricity Power Market
Joint sponsored by the top-level power market design institutes in China and foreign countries: The summit is co-sponsored by NengApp, Energy Foundation, State Grid Electric Vehicle Service Co., Ltd. and China Electric Power Research Institute. China Electric Power Research Institute is one of the most important top-level designers in China's electricity power market. It is also supported by China Energy Research Society, and involves international organizations such as The Institute of Electrical and Electronics Engineers (IEEE). IEEE and China Energy Research Society are the largest non-profit professional technical societies of energy, power and electricity in the world and China respectively.
Interpretation of government authorities and other policy-making and regulatory Departments
National Development and Reform Commission, National Energy Administration and other policy-making authorities are invited to give interpretations of electricity power market policy.
Harvard University's top power market expert, academicians of the Chinese Academy of Engineering and the Chinese Academy of Sciences’ presence and guidance: taking over the professional commanding heights
The summit has invited the global power market leader, the team leader of Harvard University's power policy research group, and the Professor of Harvard’s Kennedy School of Government--- Professor William W. Hogan, who is the originator of Locational marginal pricing (LMP) power market and financial transmission rights (FTRs). His design and advocacy in the 1980s led the trend of power industry reform and marketization in the United States and the world. In addition, Xiaoxin Zhou, Academician of the Chinese Academy of Sciences, and the Honorary President of the China Electric Power Research Institute, Minggao Ouyang, , Academician of the Chinese Academy of Sciences, Qingquan Chen, Academician of the Chinese Academy of Engineering, Yonghua Song, the Royal Academy of Engineering and the President of the University of Macau, and other senior experts are going to give presentations on their many years of industry experience, and to guide the direction of industry development.
Highlights 4: Power exchange centers gathering together
Leaders from national and provincial power exchange centers will participate.
Highlight 5: Mainstream participants in the foreign mature spot markets gathering together in Beijing
The Summit has invited European and US power trading authorities, operators and grid companies, such as PJM, Nordpool, AEMO, and EON, the largest energy group in Europe, to explain the trading rules, trading products and trading situations of foreign spot markets, and introduce the evolution of foreign spot markets.
Establishment of China's Most Authoritative Electric Vehicle Technical Committee State Grid Electric Vehicle Service Co., Ltd. and IEEE will jointly set up the IEEE PES CHINA ElectricVehicle Technical Committee to promote technological innovation in the electric vehicle industry, and lead the development and construction of new standards, rules and formats of the industry, explore the business model of electric vehicles participating in the electricity power market.
Prospecting information of Power Market & Expanding Networks
The summit will prospect the development path of China's electricity power market and provide the most valuable information support for power enterprises to formulate clear strategic plans.
National Development and Reform Commission, National Energy Administration, Zhejiang Energy Bureau, Northwest Energy Regulatory Bureau, etc.
The Institute of Electrical and Electronic Engineers (IEEE), Harvard University, PJM, AEMO, EON, Energy Foundation, etc.
Grid Companies and Power Exchange Center
State Grid Corporation, State Grid Operation and Dispatching Center, Beijing Power Exchange Center, Guangzhou Power Exchange Center, Inner Mongolia Power Exchange Center, Hebei North Power Exchange Center, Zhejiang Power Exchange Center, Shanxi Power Exchange Center, Shandong Power Exchange Center, Anhui Power Exchange Center, Hubei Power Exchange Center , Hunan Power Exchange Center, Jiangxi Power Exchange Center, Hebei Power Exchange Center, Henan Power Exchange Center, Gansu Power Exchange Center, Guangdong Power Exchange Center, etc.
U.S.-China Green Fund, China Energy Investment Corporation, State Power Investment Corporation (SPIC), China Huaneng Group Co., Ltd, China Guodian Corporation, China Huadian Corporation, China Three Gorges Corporation (CTG), China General Nuclear Power Corporation (CGN), State Grid Electric Vehicle Service Co., Ltd., Golden Concord Holdings Limited (GCL Group), Goldwind, Envision, ENN Group, Ping An Bank, Jiangsu Bank, etc.
Scientific Research Institution
China Energy Research Society, China Electric Power Research Institute, Tsinghua University, Zhejiang University, North China Electric Power University, Southeast University, National Grid Energy Research Institute, Southern Energy Research Institute, etc.