Design of Two-Stage Electricity Spot Market Model Considering Carbon Emission Trading

To promote the process of carbon emission reduction in the electric power industry and achieve the goal of “carbon peaking and carbon neutrality”, the construction of a unified national power market system is being accelerated. A two-stage market clearing model considering load participation in carb...

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Main Author: LIU Changxi, QI Guomin, WANG Jicheng, LI Tianye, YANG Jian, LEI Xia
Format: Article
Language:zho
Published: Editorial Office of Journal of Shanghai Jiao Tong University 2025-03-01
Series:Shanghai Jiaotong Daxue xuebao
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Online Access:https://xuebao.sjtu.edu.cn/article/2025/1006-2467/1006-2467-59-3-342.shtml
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author LIU Changxi, QI Guomin, WANG Jicheng, LI Tianye, YANG Jian, LEI Xia
author_facet LIU Changxi, QI Guomin, WANG Jicheng, LI Tianye, YANG Jian, LEI Xia
author_sort LIU Changxi, QI Guomin, WANG Jicheng, LI Tianye, YANG Jian, LEI Xia
collection DOAJ
description To promote the process of carbon emission reduction in the electric power industry and achieve the goal of “carbon peaking and carbon neutrality”, the construction of a unified national power market system is being accelerated. A two-stage market clearing model considering load participation in carbon trading is proposed to reduce carbon emissions and facilitate clean energy substitution in the electricity sector. First, an initial carbon quota allocation method for thermal power units based on zero sum gains-data envelopment analysis is introduced, and the electricity market clearing model considering carbon trading is established. Then, based on the market clearing results from the first stage, the new energy consumption of loads is determined using the power flow tracing theory, and the Chinese certified emission reduction (CCER) is calculated. Following CCER carbon offset rules, the second stage of carbon emission trading is initiated, and the secondary electricity market subject to carbon emission constraints, is cleared based on the carbon trading results. Finally, an analysis using the improved IEEE 30-bus system is conducted to validate the effectiveness of the proposed market model. The results show that the proposed model not only helps reduce the carbon emissions from thermal power units but also increases the market share of new energy consumption and lowers average electricity prices. Additionly, the model provides a viable scheme for the large-scale marketization consumption of new energy.
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institution DOAJ
issn 1006-2467
language zho
publishDate 2025-03-01
publisher Editorial Office of Journal of Shanghai Jiao Tong University
record_format Article
series Shanghai Jiaotong Daxue xuebao
spelling doaj-art-060e75391ca4476eb2da98ace88f1c702025-08-20T03:03:46ZzhoEditorial Office of Journal of Shanghai Jiao Tong UniversityShanghai Jiaotong Daxue xuebao1006-24672025-03-0159334235310.16183/j.cnki.jsjtu.2023.299Design of Two-Stage Electricity Spot Market Model Considering Carbon Emission TradingLIU Changxi, QI Guomin, WANG Jicheng, LI Tianye, YANG Jian, LEI Xia01. State Grid East Inner Mongolia Power Co., Ltd., Hohhot 010000, China;2. School of Electric Engineering and Electronic Information, Xihua University, Chengdu 610039, ChinaTo promote the process of carbon emission reduction in the electric power industry and achieve the goal of “carbon peaking and carbon neutrality”, the construction of a unified national power market system is being accelerated. A two-stage market clearing model considering load participation in carbon trading is proposed to reduce carbon emissions and facilitate clean energy substitution in the electricity sector. First, an initial carbon quota allocation method for thermal power units based on zero sum gains-data envelopment analysis is introduced, and the electricity market clearing model considering carbon trading is established. Then, based on the market clearing results from the first stage, the new energy consumption of loads is determined using the power flow tracing theory, and the Chinese certified emission reduction (CCER) is calculated. Following CCER carbon offset rules, the second stage of carbon emission trading is initiated, and the secondary electricity market subject to carbon emission constraints, is cleared based on the carbon trading results. Finally, an analysis using the improved IEEE 30-bus system is conducted to validate the effectiveness of the proposed market model. The results show that the proposed model not only helps reduce the carbon emissions from thermal power units but also increases the market share of new energy consumption and lowers average electricity prices. Additionly, the model provides a viable scheme for the large-scale marketization consumption of new energy.https://xuebao.sjtu.edu.cn/article/2025/1006-2467/1006-2467-59-3-342.shtmlcarbon emission tradingcarbon quota allocationmarket mechanismnew energyelectricity marketspot market
spellingShingle LIU Changxi, QI Guomin, WANG Jicheng, LI Tianye, YANG Jian, LEI Xia
Design of Two-Stage Electricity Spot Market Model Considering Carbon Emission Trading
Shanghai Jiaotong Daxue xuebao
carbon emission trading
carbon quota allocation
market mechanism
new energy
electricity market
spot market
title Design of Two-Stage Electricity Spot Market Model Considering Carbon Emission Trading
title_full Design of Two-Stage Electricity Spot Market Model Considering Carbon Emission Trading
title_fullStr Design of Two-Stage Electricity Spot Market Model Considering Carbon Emission Trading
title_full_unstemmed Design of Two-Stage Electricity Spot Market Model Considering Carbon Emission Trading
title_short Design of Two-Stage Electricity Spot Market Model Considering Carbon Emission Trading
title_sort design of two stage electricity spot market model considering carbon emission trading
topic carbon emission trading
carbon quota allocation
market mechanism
new energy
electricity market
spot market
url https://xuebao.sjtu.edu.cn/article/2025/1006-2467/1006-2467-59-3-342.shtml
work_keys_str_mv AT liuchangxiqiguominwangjichenglitianyeyangjianleixia designoftwostageelectricityspotmarketmodelconsideringcarbonemissiontrading