Impact Analysis of Market-Driented Carbon Emission Reduction Policies in Power Generation Industry Based on System Dynamics

Under the background of carbon emission reduction and electricity market reform, the market-based carbon emission reduction policy in power generation industry has a significant impact on the process of electricity market reform and the effect of carbon emission reduction. For this reason, by taking...

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Main Authors: Jinliang ZHANG, Xiuxiu ZHOU
Format: Article
Language:zho
Published: State Grid Energy Research Institute 2020-06-01
Series:Zhongguo dianli
Subjects:
Online Access:https://www.electricpower.com.cn/CN/10.11930/j.issn.1004-9649.201905026
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author Jinliang ZHANG
Xiuxiu ZHOU
author_facet Jinliang ZHANG
Xiuxiu ZHOU
author_sort Jinliang ZHANG
collection DOAJ
description Under the background of carbon emission reduction and electricity market reform, the market-based carbon emission reduction policy in power generation industry has a significant impact on the process of electricity market reform and the effect of carbon emission reduction. For this reason, by taking the market-based carbon emission reduction policy in power generation industry as a research object, this paper constructs a system dynamics model based on green certificate trading market, carbon emission trading market, generation right trading market and power market, and analyzes the impact of different policy scenarios on carbon emission reduction and power market. The results indicate that the green certificate trading market has a significant role in promoting the development of renewable energy; the carbon emission trading market has a restraining effect on the development of thermal power, and increases the feed-in tariffs; the generation right trading market can alleviate the rise of electricity price and carbon price, but it will impact the green certificate market, resulting in the decline of green certificate price.
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institution OA Journals
issn 1004-9649
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publisher State Grid Energy Research Institute
record_format Article
series Zhongguo dianli
spelling doaj-art-41104e75a98c4dfe987fce7289995cb92025-08-20T02:04:51ZzhoState Grid Energy Research InstituteZhongguo dianli1004-96492020-06-0153611412310.11930/j.issn.1004-9649.201905026zgdl-53-5-zhangjinliangImpact Analysis of Market-Driented Carbon Emission Reduction Policies in Power Generation Industry Based on System DynamicsJinliang ZHANG0Xiuxiu ZHOU1School of Economics and Management, North China Electric Power University, Beijing 102206, ChinaSchool of Economics and Management, North China Electric Power University, Beijing 102206, ChinaUnder the background of carbon emission reduction and electricity market reform, the market-based carbon emission reduction policy in power generation industry has a significant impact on the process of electricity market reform and the effect of carbon emission reduction. For this reason, by taking the market-based carbon emission reduction policy in power generation industry as a research object, this paper constructs a system dynamics model based on green certificate trading market, carbon emission trading market, generation right trading market and power market, and analyzes the impact of different policy scenarios on carbon emission reduction and power market. The results indicate that the green certificate trading market has a significant role in promoting the development of renewable energy; the carbon emission trading market has a restraining effect on the development of thermal power, and increases the feed-in tariffs; the generation right trading market can alleviate the rise of electricity price and carbon price, but it will impact the green certificate market, resulting in the decline of green certificate price.https://www.electricpower.com.cn/CN/10.11930/j.issn.1004-9649.201905026power generation industrycarbon emission reduction policysystem dynamicscarbon emission
spellingShingle Jinliang ZHANG
Xiuxiu ZHOU
Impact Analysis of Market-Driented Carbon Emission Reduction Policies in Power Generation Industry Based on System Dynamics
Zhongguo dianli
power generation industry
carbon emission reduction policy
system dynamics
carbon emission
title Impact Analysis of Market-Driented Carbon Emission Reduction Policies in Power Generation Industry Based on System Dynamics
title_full Impact Analysis of Market-Driented Carbon Emission Reduction Policies in Power Generation Industry Based on System Dynamics
title_fullStr Impact Analysis of Market-Driented Carbon Emission Reduction Policies in Power Generation Industry Based on System Dynamics
title_full_unstemmed Impact Analysis of Market-Driented Carbon Emission Reduction Policies in Power Generation Industry Based on System Dynamics
title_short Impact Analysis of Market-Driented Carbon Emission Reduction Policies in Power Generation Industry Based on System Dynamics
title_sort impact analysis of market driented carbon emission reduction policies in power generation industry based on system dynamics
topic power generation industry
carbon emission reduction policy
system dynamics
carbon emission
url https://www.electricpower.com.cn/CN/10.11930/j.issn.1004-9649.201905026
work_keys_str_mv AT jinliangzhang impactanalysisofmarketdrientedcarbonemissionreductionpoliciesinpowergenerationindustrybasedonsystemdynamics
AT xiuxiuzhou impactanalysisofmarketdrientedcarbonemissionreductionpoliciesinpowergenerationindustrybasedonsystemdynamics