Nine 110kV renewable power plants—including wind and solar projects in Shantou and Shaoguan—have joined Guangdong’s electricity spot market, becoming the province’s first medium-voltage renewable facilities to participate in real-time trading.
Source: People’s Daily
Nine 110kV renewable power plants—including wind and solar projects in Shantou and Shaoguan—have joined Guangdong’s electricity spot market, becoming the province’s first medium-voltage renewable facilities to participate in real-time trading. With a combined grid-connected capacity of about 462 MW, the plants recorded a total of 8.08 GWh in transactions on their first day.
As of April 2025, Guangdong’s centrally dispatched wind and solar capacity had surpassed 60 GW, reinforcing the province’s transition to a cleaner energy mix. A pioneer in electricity market reform, Guangdong has led efforts to liberalize renewable energy pricing and integrate clean power into competitive markets.
The province launched a pilot program in December 2022 allowing renewables to trade in the spot market—the first such initiative within the China Southern Power Grid. By May 2023, over 1 GW of renewable capacity had entered the market. Since January 1, 2024, all 220kV and above renewable plants in Guangdong have been actively participating in spot market trading, with total market capacity exceeding 17 GW.
As renewable penetration continues to grow, the inclusion of 110kV projects marks another key step toward full market integration. “This is a solid move toward fully integrating renewables into the market,” said Chen Zhongfei, Director of Spot Market Operations at Guangdong Power Grid Corporation. “By bidding and scheduling alongside other generators, these plants are now part of real-time dispatch and grid balancing—enhancing system reliability and aligning supply with demand.”
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