Zhitong Financial APP learned that Green Power concept stocks rose again in early trading. As of press time, China Electric Power (02380) rose 10.64% to HK $3.95; Datang New Energy (01798) rose 6.32% to HK $3.03; CGN New Energy (01811) rose 5.78% to HK $6.77; China Resources Power Holdings (00836) rose 4.77% to HK $20.20; China Longyuan Power Group Corporation (00916) rose 3.55% to HK $16.32.
Anxin Securities pointed out that spot trading is crucial to the consumption of new energy. The price fluctuation of spot transaction is larger than that of medium-and long-term transaction of electric power. The establishment of spot trading market can really promote the response of power demand side, that is, users will adjust their power consumption plan according to the situation of electricity price. it plays the role of cutting peak and filling valley from the demand side. The demand-side response can avoid that all the peak regulation pressure is borne by the power generation end and the power grid side, which is significantly conducive to the elimination of wind power and photovoltaic. In addition, the inter-provincial power spot market adopts a unified market clearing mechanism, which is conducive to the increase of new energy electricity prices. The inter-provincial spot electricity market adopts a clearing mechanism of centralized bidding, with unified bidding for coal-fired power, nuclear power, hydropower, wind power, photovoltaic and other power sources. under high coal prices, wind power and photovoltaic transaction prices are expected to rise, so as to enhance the profitability of new energy power generation.