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What are the specific contents of electricity market transactions?

Electricity market transactions are divided into wholesale transactions and retail transactions. Wholesale trading of electric power refers to the general term for power trading activities between power generation enterprises and power sales companies or large power users through market-oriented methods. At present, it refers to the medium and long-term power transactions conducted by power generation enterprises, power sales companies, large power users and other market entities through bilateral negotiation and centralized competition. Power retail transaction refers to the general term for power trading activities carried out by power selling companies and small and medium-sized terminal power users (hereinafter referred to as "general users").