Laos first country to trade renewable power in China’s electricity market

“The China-Laos cross-border power transmission line commenced operations on 20 April. Simultaneously, China opened its domestic electricity market to Lao renewable energy generators, marking the first time overseas generators have traded directly in China’s power market, reported Sina Finance.”

“The project’s launch was accompanied by the introduction of cross-border power trading. Solar news outlet OFweek cited data from Foresight Energy showing that 4.81 million kWh of electricity from a solar energy project in northern Laos was transmitted to Yunnan via the line that day.”

“Such power trading bypasses the intergovernmental agreements that previously governed all cross-border electricity flows.”

“Before this development, Lao renewable energy producers would sell electricity to state-owned Electricité du Laos (EDL), to be exported after the two countries negotiated a price, noted OFweek. But Lao generators can now directly participate in China’s Southern Regional Power Market, which covers five provinces…”

https://dialogue.earth/en/digest/laos-first-country-to-trade-renewable-power-in-chinas-electricity-market/

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