China Energy Fujian Branch Seizes Highest Share of the Province’s Electricity Market

The Fujian branch of China Energy achieved electricity transactions totaling 620 million kWh in 2021, accounting for 118% of Fujian Province’s electricity market and ranking first among its peers in the province. This was attributed to the company’s active action and targeted measures.

Operation control staff at Fuzhou Company of China Energy Fujian Branch work to ensure safe operation of generation units.

The company adopts a holistic management concept and attaches great importance to market-oriented reform of electricity supply. It takes active action to respond to the impact of the No.1439 document issued by the National Development and Reform Commission on the current marketing system of the electricity power market by formulating a work plan for power marketing regulation and control in the transitional period. The work plan specifies the electricity marketing organizational structure and power transaction decision-making workflow in the transitional period, for the purpose of improving electric power marketing.

To guarantee power supply in 2021, the company continued enhancing its own strength, and attached great importance to the training of transaction personnel. It organized professionals to interpret the document on electricity supply reform, put forward countermeasures, and sent experts to participate in the compilation of Fujian Province’s rules on electricity transaction and attend meetings on discussing rules of electricity transaction to contribute useful suggestions, with aims to advance fairness, justice and openness of the market, stabilize healthy development of the industry, and safeguard China Energy’s overall interests.

In addition, the company continues tracking the latest changes in the supply-demand of coal and electricity, and calculating power generation costs in a scientific way. Following the principles of “taking into account both quantity and price, formulating targeted measures for different power plants, and maximizing overall results,” it has coordinated the tiered advantages of its coal-fired power generation units, given full play to the self-regulation function of electricity transaction, and achieved autonomous alternative power generation through spot transactions. This enabled it to reduce unit coal consumption by 0.35g/kWh and save fuel costs by nearly 10 million yuan in 2021.