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Story summary
- Beijing announced a directive to dismantle barriers in China's electricity sector toward a unified national power market.
- The move, within the 15th five-year period, aims to transform provincial markets into a national market.
- By 2030, China aims for 70% of electricity to be market-traded, supporting energy security and the green transition.
- The roadmap calls for a nationwide spot market and synchronized standards, with full implementation by 2035 to optimize allocation.
