China to establish a preliminary nationwide unified power market by the end of the year | investingLive

China’s National Energy Administration (NEA) held its regular meeting, issuing a series of directives aimed at ensuring energy security and system stability amid rising seasonal power demand.

The NEA called for stronger oversight of energy supply and power services, particularly as the country enters the summer peak period. Authorities emphasised the importance of maintaining a stable and reliable electricity supply to meet increased consumption needs across residential and industrial sectors.

A key objective discussed at the meeting was the establishment of a preliminary nationwide unified power market by the end of the year. Officials noted that such a framework would support improved efficiency and coordination across regions.

The NEA also stressed the need for coordinated oversight of major energy sectors, including coal, oil and gas, and coal-fired power generation, as part of broader efforts to enhance energy system resilience and long-term planning.