In order to promote cross-provincial mid-and-long term market transactions

and furtherly realize the optimal allocation of energy resources in a wider range

it is necessary to improve the cross-provincial mid-and-long term trading mechanism. Firstly

current situation of Chinese cross- provincial mid- and- long term market is analyzed from the perspective of market characteristics and existing problems. Secondly

the development

trading varieties

interregional coordination and other market information of PJM

Iberia

Northern Europe and the United Kingdom are combed

and then the differences between European and American markets and Chinese market are compared and analyzed in terms of market types

mid-to-long term market and spot coordination methods

electricity financial markets

promotion of new energy consumption mechanisms and deal mode. Finally

combined with European and American market-related mechanisms to Chinese cross- provincial mid- and- long term market development

the experiences on Chinese market construction are analyzed.