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19 October 2022 Research on power market mechanism under the background of carbon trading
Anqi Shi, Qinyu Chen, Kun Wang, Zhou Lan, Pengcheng Zha, Xinyu Meng
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Proceedings Volume 12294, 7th International Symposium on Advances in Electrical, Electronics, and Computer Engineering; 122940S (2022) https://doi.org/10.1117/12.2639146
Event: 7th International Symposium on Advances in Electrical, Electronics and Computer Engineering (ISAEECE 2022), 2022, Xishuangbanna, China
Abstract
China's power market and carbon market development have been accelerated to achieve the goal of decarbonisation with cost optimization. It is important to design a power market that takes into consideration the interactions with carbon trading. In this paper, the mutual influence of the power market and carbon market is analyzed. The two markets co-ordinately function to reduce carbon emission. Then, the international practices of power market mechanism that facilitate carbon market effectiveness are studied to bring forward suggestions for China's power market design. By strengthening the synergy mechanism between the carbon market and the power market, the role of the market mechanism in optimizing energy allocation and climate governance can be maximized.
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Anqi Shi, Qinyu Chen, Kun Wang, Zhou Lan, Pengcheng Zha, and Xinyu Meng "Research on power market mechanism under the background of carbon trading", Proc. SPIE 12294, 7th International Symposium on Advances in Electrical, Electronics, and Computer Engineering, 122940S (19 October 2022); https://doi.org/10.1117/12.2639146
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KEYWORDS
Carbon
Climatology
Carbon dioxide
Renewable energy
Power supplies
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