1 Organization of the market
The participants in the PRC electric power market include power generation, power transmission and power supply enterprises that have obtained the relevant Electric Power Business License, and users that have been verified by the electric power regulatory body.
It is usual practice that an agreement-based electricity trading may be specifically organized and implemented by an eligible generation enterprise (IPP) and the power distribution enterprises, or it may, in rare cases and subject to relevant approvals, be carried out through the negotiation between the IPP and the end-users who demand a large volume of electricity.
