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China's Power Market Developments: Inter-provincial Trading, Compensation for Coal Plants, and Nationwide Rules for Spot Markets
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China plans to launch inter-provincial power trading and pilot more regional electricity grids as it aims to build a national spot market by 2030. Vietnam seeks approval to speed up electricity imports from Laos due to shortages in the northern region. China considers compensating power generators for building coal-fired power plants as it transitions to clean energy. China issues nationwide rules for electricity spot markets to promote renewable energy and establish a national power market.
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How will the launch of inter-provincial power trading impact China's energy market?
How will the nationwide rules for electricity spot markets contribute to China's transition to clean energy?
What are the potential benefits and challenges of compensating power generators for coal-fired plants?
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