CX Daily: China’s Power Market Enters a More Volatile Era as Prices Go Real Time
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Cover Story: China’s Power Market Enters a More Volatile Era as Prices Go Real Time
China’s long-running efforts to transform electricity from a state-managed input into a market-priced commodity is entering a more disruptive stage. As spot trading expands, price swings are becoming more immediate, more visible and more consequential — exposing industrial users, power retailers and renewable developers to risks that administrative pricing has long concealed.
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