CITIC Securities: Various regions are gradually promoting the operation of the electricity spot market to facilitate the connection of medium- and long-term electricity, spot market, and ancillary service prices

CITIC Securities stated that following the positive transition of the Hubei electricity spot market, Henan has begun trial operations of its electricity spot market; the trial will take place from June 19 to 27, with settlement occurring from June 21 to 27; the main participants include power generation sides, user sides, and new power entities; coal-fired units will participate in the spot market by "reporting volume and quoting prices," while other entities will participate by "reporting volume without quoting prices"; various regions are gradually promoting the operation of the electricity spot market, optimizing resource allocation, and facilitating the connection of prices in the medium to long-term electricity market, spot market, and ancillary services