Shanxi Energy Regulatory Office is building upon its existing digital regulatory achievements with continuous refinement and significant innovation.

It is focusing on concealed behaviors such as the exercise of market power during transmission section congestion and small-volume, high-frequency collusive bidding by market participants.

The office is further deepening and improving its digital regulatory system to achieve functionalities including efficient data upload, deep indicator monitoring, and AI-powered intelligent early warning, thereby consistently boosting regulatory effectiveness.

Establishing a High-Efficiency, Comprehensive Monitoring System

A comprehensive monitoring system has been established by fully integrating various data streams, including inter-provincial and intra-provincial, wholesale and retail, as well as medium-to-long-term, spot, and ancillary services markets.

This system achieved the automatic daily upload of national-level regulatory data with a one-day lag three months ahead of schedule.

Introducing Visual Interfaces and Optimizing Monitoring Content

New visual interfaces have been added and monitoring content optimized to oversee spot market transmission congestion, the proportion of users contracted by electricity retailers, and the wholesale-retail price differential.

The system enables automatic daily and monthly alerts for national and provincial-level warning situations.

Developing an Intelligent "Digital Regulator" Across the Trading Chain

An intelligent "digital regulator" agent has been developed to cover the entire trading chain.

By analyzing spot market bids and transactions across different medium-to-long-term products and cycles, it conducts deep-dive analysis of trading behaviors by all market participants to enable intelligent early warnings.

Since the beginning of this year, the digital regulatory system has identified two instances of irregular trading activity, involving 12 power generation companies, one electricity retailer, and one wholesale user.

Future Steps for Regulatory Enhancement

Moving forward, Shanxi Energy Regulatory Office will thoroughly implement the relevant national guidelines for monitoring and handling abnormal behaviors in the electricity market.

The focus will be on practical regulatory applications, enhancing grid congestion monitoring capabilities, completing the deployment of the "digital regulator" intelligent agent, and deepening the training and iteration of AI agents to elevate the intelligence level of power market supervision.