“1+6” basic rules framework for a national unified power market system initially established

The Basic Rules for Power Market Metering and Settlement released
This is the last of the “1+6” power market basic rules. Metering refers to the measurement, recording, and provision of data, such as energy and power, to meet the settlement needs of the power market. It is one of the core elements supporting the stable operation of the power market. In 2020, the government revised the Methods for Calculating Electricity Tariffs for Power Generation Enterprises and Grid Enterprises (CHN: 电企业与电网企业电费计算办法), effectively standardising electricity bill settlement. However, with the full entry of new energy and industrial and commercial users into the power market, national standardisation of metering rules becomes necessary. To this end, the NDRC and the NEA jointly compiled the Basic Rules for Power Market Metering and Settlement (CHN: 电力市场计量结算基本规则), which set clear and unified requirements for metering, settlement, supervision, and management. The regulations will take effect on October 1, 2025, and will remain in effect for five years.