From October 20 to 22, by the banks of the Huangpu River in Shanghai, the 2026 Sustainable Global Leaders Conference will return once again. Nobel Prize and Turing Award winners will take the stage to discuss the future and trends of technology, and the internet-famous professor who "rescues" people from anxiety and the era of involution — Macfarlane — will hold a live dialogue with Xiang Biao!
Limited spots available, first come first served. Let us gather together for the rendezvous of sustainability! [Click to register]
This week, the Jiangsu Power Exchange Center officially issued the "2027 Jiangsu Electricity Retail Market Trading Work Guidelines." The guidelines state: the requirements for a fixed-price electricity volume proportion, a spot market price-linked electricity volume proportion, and a proportional sharing method are explicitly abolished, with efforts focused on promoting the transmission of electricity energy prices to wholesale market prices. Retail users and electricity retail companies may, based on whether time-of-use pricing applies, agree on floating prices and the monthly sharing cost coefficient on the basis of wholesale market prices.
From this point onward, the new retail package electricity energy price formula is: Retail package electricity energy price = Wholesale market price + Floating price + K sharing × Monthly sharing price.
It is reported that this move aims to continuously optimize the Jiangsu electricity retail market environment, enhance the convenience for market operating entities to enter the market, simplify trading operation procedures, standardize multi-year retail trading management, and stimulate the competitive vitality of the retail market, in light of the actual operation of the Jiangsu electricity retail market. After deliberation and voting approval by the Jiangsu Electricity Market Management Committee, and with the consent of government authorities and regulatory departments, it has been officially implemented as of the date of issuance.
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