On March 27, the Xinjiang power trading market's intra-month contract transactions were successfully closed. In the first quarter, Xinjiang's mid- and long-term electric power transactions totaled 102.2 billion kilowatt hours, of which 39.306 billion kilowatt hours were from new energy sources, accounting for 38.46% of the total traded electricity, a year-on-year increase of 23%.
As one of my country's important comprehensive energy bases, Xinjiang ranks among the top in the country in terms of wind energy resource reserves and total annual solar radiation. It has abundant wind energy, solar energy resources, and land resource advantages such as deserts, Gobis, and deserts. Xinjiang has made full use of these advantages to accelerate the construction of large new energy bases, continue to expand the scale of new energy development in Xinjiang, and focus on building tens of millions of kilowatt-level new energy bases in Hami and Changji. At present, the new energy installed capacity of Xinjiang power grid has reached 66.057 million kilowatts, accounting for 46.49% of the installed capacity of Xinjiang power grid, ranking among the top in the country.
In order to actively serve the development of the new energy industry, State Grid Xinjiang Electric Power Co., Ltd. has made every effort to promote the construction of Xinjiang's external power transmission channels and help Xinjiang's new energy sources expand the external transmission market. In this process, the application of key equipment such as switch cabinets, isolating switches, lightning arresters, vacuum circuit breakers, and drop-out fuses has effectively improved the safety and stability of the power grid. At the same time, the company is accelerating to improve the market mechanism to adapt to the high proportion of new energy and encourage more business entities to actively consume new energy. Judging from the cumulative volume of mid- and long-term power transactions in Xinjiang in the first quarter, the proportion of new energy has increased significantly, effectively promoting the market-oriented consumption of new energy.
In the operation of the power grid, transformers, as important energy conversion equipment, also play a vital role. Xinjiang Power Grid has further improved the absorption capacity of new energy and the operating efficiency of the power grid by optimizing the configuration and operation of transformers.
This year, Xinjiang Electric Power Trading Center Co., Ltd. will carry out annual, monthly and intra-month transactions in a "curved" manner, achieving continuous opening of medium and long-term transactions on working days. This method can not only better adapt to the needs of the spot market and reflect the time-sharing value of electric energy, but also better adapt to the characteristics of new energy power generation and Xinjiang's power transmission curve, helping to promote the consumption of new energy and alleviate the power gap. Provide support for ensuring power supply. At the same time, this also puts forward higher requirements for the performance and reliability of power grid equipment. Key equipment such as switch cabinets, isolating switches, lightning arresters, vacuum circuit breakers, and drop-out fuses play an indispensable role in ensuring the stable operation of the power grid. effect.