NEA: China's power market transaction volume jumps 25% YoY in Jan-Feb

Power market transactions across China totalled 1,192.5 billion kilowatt-hours (kWh) in the first two months of this year, marking a 25.5% increase from the same period of 2025, according to data released by the National Energy Administration (NEA) on March 27.

In terms of transaction scope, intra-provincial electricity trading reached 954.3 billion kWh, rising 29.2% on year and accounting for nearly 80% of the total, indicating a rapid deepening of market-based power trading at the provincial level. Cross-provincial transactions stood at 238.2 billion kWh, up 12.7% on year. Market participants noted