Guangdong Virtual Power Plant Electricity Market Transaction Plan

This document outlines the implementation plan for virtual power plants (VPPs) to participate in the electricity market in Guangdong Province, China. It defines VPPs as entities that aggregate demand-side resources using information and communication technologies to provide large-scale adjustment capabilities and trade independently. The plan categorizes VPPs into load-type (including day-ahead, hourly, and direct control) and generation-type. Key requirements include market registration at the Guangdong Electric Power Trading Center, capability testing, and resource aggregation contracts. Load-type VPPs must have a minimum adjustment capacity of 1 MW and continuous response time of 1 hour, with specific technical requirements for monitoring and instruction execution. The document also specifies that electricity users can only aggregate with one VPP operator per contract type, and outlines rules for participating in electric energy, demand response, and ancillary service markets. This initiative aims to accelerate the integration of distributed energy resources and enhance grid flexibility under China's new power system framework.