(October 13, 2005, the State electricity regulatory Commission announced 10th as of December 1, 2005) Chapter I General provisions article in order to regulate the electricity market Act shall safeguard the legitimate rights and interests of the power market, the power of unified, open, competitive and orderly market, regulated under the Electricity Ordinance and the relevant laws, administrative regulations, these rules are formulated.
    Article II of these rules apply to the regional electricity market.
    Article state electricity regulatory Commission and its agencies (hereinafter referred to as the electricity regulatory agency) is responsible for the supervision and management of the regional electricity market operation. Chapter II market fourth power market with transactions included in accordance with the relevant provisions of the power business permits power generation enterprises, transmission enterprises, distribution enterprises and users approved by the regulators.
    Power trading institutions, including regional power dispatching Center and power dispatch Agency of provinces, autonomous regions and municipalities.
    Referred to in the preceding paragraph include placing an independent enterprise of power supply enterprises; regional power dispatching Center referred to in the preceding paragraph includes regional power dispatching Center, regional electricity trading center. The fifth power generation companies, transmission companies and electric enterprise in accordance with the relevant provisions of the power business license before they can apply for entry into the regional electricity market, participation in regional power markets.
    After regulators approve, the user may participate in the regional electricity market.
    Sixth power dispatch trader is responsible for power scheduling, market trade, metering and settlement.
    Chapter three transaction types and seventh power market transaction types including energy trading, transmission rights and ancillary services, transaction and so on.
    Eighth energy trades in accordance with contract transactions, stock trading, futures trading and other ways. Trading in energy contracts, refers to the electricity market through the signing of the energy sale contracts for electricity trading.
    Electricity sale price stipulated in the contract, formation, through market consultations by the parties or determined in accordance with relevant regulations of the State.
    Electricity spot trade, is generated by the power generating enterprises through market day or 24 hour electricity trading in the future, as well as organizations to ensure power supply and demand balance of rates of energy trades in real time. Energy futures trading, refers to the electric power market in the provision of trading venues through futures contracts for electricity trading.
    Electricity futures contract is determined in accordance with set prices for a time buy or sell electricity agreements.
    Electricity trading contracts, spot transactions as a supplement, futures trading at the right time.
    Nineth power markets meet the prescribed conditions, and approved by the electricity regulator, you can make the transmission right trade and service trade.
    Tenth chapter fourth power trading energy contracts could be traded by dispatching agency-specific implementation or consultations by both the electricity market. 11th electric power transactions in accordance with the regional electricity market rules to decompose the contract, its decomposition approach should be open to the electricity market.
    Contract after decomposing for some reason need to modify, power dispatch trader shall inform the parties without delay the reasons.
    12th electricity transmission enterprises shall, in accordance with provisions of laws and national policies, priorities and obtain contracts renewable energy power generation enterprises in electric power business licenses, purchase their electricity in full.
    13th power trade group regional electricity market rules should be in accordance with the electricity spot trading. 14th spot trading of power enterprises for power should be bid as a single unit. Upon approval, multiple units can be set at the same power plant quotation. Made up of multiple power generation enterprises shall not focus on offer.
    Ban on collusive tendering for power generation enterprises.
    The 15th power market in electricity price forming mechanism should be conducive to the promotion of fair and effective competition and contribute to congestion management.
    16th all power transactions must pass the safety check after the power trade group.
    Fifth chapter 17th transmission service transmission enterprise should be a fair and open the grid, for the electricity market to provide safe, high quality and economical transmission services.
    18th power transmission enterprises should strictly enforce the national transmission price, and accept the supervision and inspection of the power regulator.
    19th transmission congestion management method is called by the electricity regulator based on grid structure and established power market.
    20th due to avoid the risk of transmission congestion of electricity market needs, approved by the electricity regulator, you can organize transmission right trade.
    Sixth chapter article 21st power ancillary services market subjects shall be provided in accordance with the relevant provisions to maintain voltage stability, frequency stability and fault recovery and other ancillary services.
    22nd support services are divided into basic ancillary services and paid services. Basic ancillary services is the electricity market should be provided free of charge supplementary services. Paid support services are basic ancillary services of power market in addition to other support services.
    Paid compensation mechanism for ancillary service in power market construction, competition in the electricity market after the sound implementation mechanisms.
    23rd supplementary service details, technical standards, delivery, assessment, by the State electricity regulatory Commission in conjunction with the relevant departments of the State Council separately. 24th power trading organizations should periodically test the electric power market's ability to provide support services. Test results shall be made public and reported to the electricity regulatory body.
    Power when the market cannot provide the ancillary service requested, shall promptly report to the power dispatch trader, and in accordance with the relevant provisions of accepted evaluation.
    The seventh chapter metering and settlement article 25th electricity market should be installed in accordance with the national standard of electric energy metering devices, by energy measurement testing organizations testing and put into use.
    Energy measurement testing organizations referred to in this rule, refers to the administrative departments for measurement of the Government approval, energy metering of electric energy transaction confirmation testing organization. Article 26th energy measurement testing organizations to introduce regular check of electric energy metering.
    Nuclear power metering device of electricity market participants can apply for school, after checking, error of electric energy metering up to less than the required accuracy, resulting costs shall be borne by property of the electric energy metering device; achieve the required precision of energy metering device error, charges incurred will be borne by the applicant. 27th power transactions energy trades for both contracts shall specify the metering of electric energy. Energy measurement point is the delineation of property rights both sides points, property rights demarcation point cannot be installed on electric energy metering devices, by both parties to determine the metering point. Power of statutory or contractual point of measurement as a basis for the settlement of electricity charges.
    Electricity market subject to measurement point for the demarcation power loss and related responsibilities.
    28th power trading institutions shall set up and maintain the metering database and in accordance with the relevant provisions of the electricity energy measurement data related to published market.
    The 29th settlement including power contract settlement, power electricity market spot trading settlement, energy futures trading settlement and ancillary services, settlement and compensation claims, breach of contract settlement.
    30th electricity market should be in accordance with the regional electricity market operation rules tariff settlement and settlement the term electricity.
    Eighth chapter security article 31st power market operation and management of the grid should be performed procedures, regulations, obey the unified scheduling, equipment maintenance, grid-connected in accordance with the agreement with the necessary safety facilities, the provision of ancillary services, maintain the safe and stable operation of power systems.
    Article 32nd power trading institutions should strictly enforce the power dispatching rules, reasonable arrangement of system operation mode, to the electricity market forecasts inform or affect the safe operation of the power system information, prevent accidents, ensure the safety grid.
    Article 33rd power trader responsible for electricity market security checking and publish method, parameter. 34th power trader should be according to the electric power supply and demand situation, equipment operation, system health and security constraints, integrating power equipment maintenance schedules.
    Generator operation testing method for electricity regulatory agency, power trading agencies. 35th power market technical support system shall conform to the stated performance indicators.
    Electricity market technique support system including energy management, transaction management, energy metering, settlement systems, contract management, quotations, market analysis and forecasts, transaction information, monitoring system module. Article 36th power market technical support system should be based on market rules. Within the same market, the electricity market technique support system should be unified planning, unified design, unified management, synchronization, implementation, maintenance. Electricity market technique support system should be based on the electricity market and the need for timely updates.
    Electricity regulatory agency planning and design scheme of power market technical support system, electricity market equipped facilities in accordance with regulations and is responsible for the day-to-day maintenance and management.
    The Nineth 37th chapter risk management State Council Department in charge of price, the highest power market for the State electricity regulatory Commission, minimum price, maintenance of electric power market security.
    Article 38th power regulator according to the electricity market functioning and security of power system needs, electricity market intervention, suspension measures should be developed, requiring intervention, condition of the stay and the power associated with the method.
    39th State Council relevant departments, the State electricity regulatory Commission before the user can open, establish price equilibrium mechanism, develop sales price and electricity price linkage of specific measures.
    Tenth chapter disclosure 40th electricity market should be in accordance with the relevant provisions of article provides information to power trading authorities.
    41st electric power dispatching exchange agencies must follow principles, true, accurate and complete, and regularly to the electricity market participants and the public disclosure of market information.
    42nd electricity regulatory agency information management and supervise the implementation of electricity market.
    11th chapter supplementary articles article 43rd system of electric power business licenses prior to the introduction of electric power enterprises eligible for entering the electricity markets, electricity regulators for review and approval.
    44th state electricity regulatory Commission regional authority under these rules to develop regional electricity market operation rules, submitted to the State electricity regulatory Commission approval before implementation. 45th article of the rules come into force on December 1, 2005.
                                                                  State electricity regulatory Commission announced on July 24, 2003 the basic operating rules for the electricity market (trial) be repealed simultaneously.