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Electricity Market Surveillance Measures

Original Language Title: 电力市场监管办法

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(October 13, 2005, the State electricity regulatory Commission announced 11th come into force on December 1, 2005) Chapter I General provisions article I in order to maintain market order, the power of unified, open, competitive and orderly market, regulated under the Electricity Ordinance and the relevant laws, administrative regulations, and these measures are formulated.
    Second approach applies to People's Republic of China electricity market surveillance in the territory.
    Article state electricity regulatory Commission (hereinafter referred to as the SERC) performance of national electricity market surveillance duties. Region of the State electricity regulatory Commission authority (hereinafter referred to as the regional electricity regulatory Bureau) is responsible for the electricity market surveillance in the area.
    Office of the State electricity regulatory Commission supervision of the city assist the regional administration in power market monitoring.
    Article fourth electricity market surveillance in accordance with law, and follow the principle of openness, fairness and efficiency.
    The fifth electric power market, power trading institutions should abide by relevant rules and regulations of the electricity market.
    The sixth article of any units and individuals in violation of the provisions of the Act have the right to report to the regulators, and regulators should be processed in a timely manner, and the informer confidential. Chapter II supervision and seventh electricity market surveillance include electricity market and power traders. Power market players 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.
    Eighth article power regulatory institutions on power market subject and power scheduling trading institutions of following situation implementation regulatory: (a) perform power system security obligations of situation; (ii) into and exit power market of situation; (three) participation power market trading qualification of situation; (four) implementation power market run rules of situation; (five) for trading and electricity settlement situation; (six) disclosure information of situation; (seven) implementation national standard, and industry standard of situation; (eight) balance funds account management and funds using situation.
    Nineth article except this approach eighth article by column situation outside, power regulatory institutions also on power enterprise of following situation implementation regulatory: (a) in the power market in the by accounted for share of proportion; (ii) added installed, and merger, and restructuring, and equity changes or rental business of situation; (three) not due competition, and collusion quotes and violations trading behavior; (four) implementation scheduling instruction of situation; (five) implementation and user signed of about contract of situation.
    Tenth article except this approach eighth article by column situation outside, power regulatory institutions also on transmission enterprise of following situation implementation regulatory: (a) fair, and no discrimination open grid and provides transmission service of situation; (ii) grid interconnected of situation; (three) belongs power enterprise of power situation; (four) implementation transmission price of situation; (five) on paid auxiliary service compensation of situation.
    11th addition to circumstances set out in article eighth of this approach, power regulator power supply enterprise the following regulations: (a) the execution price, the sale of electricity distribution price; (b) in accordance with State regulations for power quality and power provide electricity services to the users of the service quality standards.
    12th article except this approach eighth article by column situation outside, power regulatory institutions also on power scheduling trading institutions of following situation implementation regulatory: (a) public, and fair, and just to implementation power scheduling of situation; (ii) implementation power scheduling rules of situation; (three) according to power market operation rules organization power market trading of situation; (four) on power market implementation intervention of situation; (five) on power market technology support system of construction, and maintenance, and operation and management of situation; (six) implementation market limit of situation.
    13th power regulator on user performance and power companies signed the contract for supervision. 14th chapter of power market operation rules electricity regulatory body responsible for the development and implementation of electricity market operation rules.
    Electricity market operation rules for electricity market operation rules, regional electricity market rules and regional electricity market operation rules and matching rules.
    15th SERC basic operating rules for the electricity market regional office develop regional electricity market operation rules, implemented after being approved by the IPCC; regional electricity regulatory Commission formulated related rules and supporting the regional electricity market rules, SERC record.
    16th article has following case one of of, power regulatory institutions should modified power market operation rules: (a) legal or national policy occurred major adjustment of; (ii) power market run environment occurred major changes of; (three) power market subject or power scheduling trading institutions proposed modified of views and recommends, power regulatory institutions think does have necessary of; (four) power regulatory institutions think necessary of other case.
    17th power regulators, or changes to the electricity market rules, should fully heed the subject, power dispatch of power market trading institutions, stakeholders and social views from interested parties. Fourth chapter registry 18th power market implementation of registration management system in electric power market. To enter or exit the market should go through the registration formalities.
    Registered electric power trading institutions specifically responsible for the electricity market management. Article 19th power market players entering the electricity markets, power dispatch trader registration shall be applied for. After approval, before participating in power market trading.
    Power market players to apply for entry into the register shall comply with the following conditions: (a) access to electric power business licenses and registration in the Administration for industry and commerce, registration, (ii) commitments to comply with the electricity market law and regulations and the implementation of electric power market duty and obligation; (c) meets the requirements of power market technical conditions.
    20th electric power market players applying for registration shall be provided with regard to the application of economic, technical and safety information. Article 21st power market changes the registration or cancellation of registration shall be in accordance with the provisions of regional electricity market rules, written application to electric power trade group.
    After the approval, amendment or cancellation of the registration. 22nd power trader should be in accordance with the electricity market operation rules of procedures and time frames for registration.
    Registration assessment should be published subject to the electricity market and power regulator for the record. Fifth chapter electricity market intervention and abort the 23rd electric power dispatching traders to ensure the safe operation of power market, according to market regulations, be used for market intervention.
    Power trading bodies to intervene in the market should be published subject to the electricity market intervention causes.
    24th article has following case one of of, power scheduling trading institutions can for market intervention: (a) power system output insufficient, cannot guarantee power market normal run of; (ii) power system within occurred major accident endanger grid security of; (three) power market technology support system, and automation system, and data communication system, occurred fault led to trading cannot normal for of; (four) power regulatory institutions made suspended power market decided of; (five) power regulatory institutions provides of other case. 25th article has following case one of of, power regulatory institutions can made suspended power market of decided, and to power market subject announced suspended reasons: (a) power market not according to rules run and management of; (ii) power market operation rules not adapted power market trading need, must for major modified of; (three) power market trading occurred malicious collusion manipulation market of behavior, and serious effect trading results of; (four) power market technology support system, and automation system, and
    Data communication system, such as a significant failure occurs that the deal could not be carried out for a long time; (e) not bidding due to force majeure, (vi) other circumstances as prescribed by the electricity regulatory authority.
    26th intervention or suspension of electricity markets, electricity market trading, it is implemented in accordance with the regional electricity market rules. 27th intervention or suspension of electricity markets during the power agencies should take measures to ensure security of power system scheduling transactions, record intervention or to abort the procedure, and report to the regulators.
    Regulators should be published subject to the electricity market intervention or to abort the procedure. Sixth chapter the electricity market electricity market subject of disputes in the 28th article, between power market and power trading market trade disputes between institutions, coordinated by the electricity regulatory authority or ruling.
    Among them, the disputes arising from the performance of the contract, by the electricity regulator in accordance with the related regulations of electric power dispute mediation mediation.
    Article 29th power market, power trading Agency's handling of the power regulator is dissatisfied with a decision may apply for administrative reconsideration or bring an administrative lawsuit in accordance with law.
    The seventh chapter information and disclosure article 30th power regulator in accordance with the relevant provisions of the information disclosure on electricity regulation to power investors, operators, users and the general public open electricity market surveillance information.
    31st article subject, power dispatch of power market trading institutions shall, in accordance with the relevant regulations, timely, truthful, accurate and complete disclosure of relevant information.
    Article 32nd power regulator, the electricity market subject, institutions may not disclose the impact of electric power dispatching exchange trade secrets of fair competition.
    Eighth chapter legal liability article 33rd electricity regulatory agency engaged in supervision of staff in breach of the provisions, in accordance with the provisions of article 29th of the electric power regulation handle.
    34th article power market subject violation this approach provides, has following case one of of, according to power regulatory Ordinance 31st article of provides processing: (a) not according to provides handle power market registered procedures of; (ii) provides false registered information of; (three) not perform power system security obligations of; (four) about equipment, and facilities not meet national standards, and industry standard of; (five) exercise market manipulation force of; (six) has not due competition, and collusion quotes, violations trading behavior of;
    (VII) does control order; (VIII) power grid interconnection does not comply with the relevant regulations and rules.
    35th power supply enterprises in accordance with regulations of the State of power quality and power supply service quality standards to provide users with the services, provided for in the electric power regulation the 32nd article.
    36th article power scheduling trading institutions violation this approach provides, has following case one of of, according to power regulatory Ordinance 33rd article of provides processing: (a) not according to provides handle power market registered of; (ii) not according to power market run rules organization power market trading of; (three) not according to provides public, and fair, and just to implementation power scheduling of; (four) not implementation power scheduling rules of; (five) not according to provides on power market for intervention of; (six) leaked power trading insider information of.
    37th not power utilities and electric power trade group in accordance with these measures and electricity market rules require the disclosure of relevant information, in accordance with the rules of electric power regulation of the 34th.
    Nineth chapter supplementary articles article 38th 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.
    39th regional supervision Bureau shall, in accordance with these measures, formulate measures for its implementation, electricity regulatory Commission for approval. 40th these measures shall come into force on December 1, 2005.
                                          State electricity regulatory Commission announced on July 24, 2003 the electricity market regulation (trial) be repealed simultaneously.