Related references
Note: Only part of the references are listed.
Article
Energy & Fuels
Muhammad Bashar Anwar et al.
Summary: Investment decisions in the electricity sector are influenced by various factors, and the simulation tool EMIS-AS considers investor heterogeneity, price prediction, and imperfect information, analyzing the impact of firms' attributes on investment decisions, generation portfolios, and resource adequacy.
Article
Engineering, Environmental
Dequn Zhou et al.
Summary: Renewable energy quota in China is allocated at provincial level using a zero sum gains data envelopment analysis (ZSG-DEA) model and entropy model, with the rationality evaluated by an environmental Gini coefficient. The allocation results successfully transfer the responsibility of renewable energy quota from western provinces to eastern provinces.
RESOURCES CONSERVATION AND RECYCLING
(2022)
Article
Economics
Yang Liu et al.
Summary: China plans to reform its electricity wholesale market by introducing a stable and reliable electricity spot market. This article assesses the effectiveness of China's electricity spot market using the case study of Guangdong's spot market pilot operations and rich ex-post market data. The study finds that the electricity supply curve becomes steeper when demand approaches the capacity limit, indicating the need for more thermal capacity to stabilize spot market prices. Additionally, evidence of local market power suggests the necessity of investing in more power lines connecting the west to the east.
Article
Thermodynamics
Bo Hu et al.
Summary: This study investigates the impact of the renewable power consumption guarantee mechanism on the power trading market and finds a positive net effect. Factors such as the power demand response of industrial users and the participation of power sales companies influence power trading activities. Improving inter-regional trading mechanisms for renewable power and considering the establishment of a national unified green power trading market are suggested for promoting the development of the power market.
Article
Green & Sustainable Science & Technology
Matthias Maldet et al.
Summary: This paper reviews the implementation of local electricity markets and peer-to-peer electricity trading schemes, focusing on regulatory frameworks in Europe, especially Austria, Ireland, and Norway. The research questions examine how grid tariff designs affect the value of peer-to-peer trading and how local energy markets benefit from these designs.
JOURNAL OF CLEANER PRODUCTION
(2022)
Article
Thermodynamics
Yun Wang et al.
Summary: This paper proposes a day-ahead collaborative power-carbon-TCG market framework and its implementation methodology to address the contradiction between the independent operation and inner connection of the power market, carbon market, and TGC market. The study finds that under this framework, total carbon emissions of the system decrease, while market shares and profits of low-emission and renewable units increase significantly, benefiting low-carbon and renewable energy companies in the long term.
Article
Green & Sustainable Science & Technology
Zhixiong Weng et al.
Summary: This study finds that China's carbon trading policy significantly promotes green technological innovations of enterprises. Every one million CNY increase in carbon trading turnover leads to an increase of 119.4 granted green invention patents. The impact of the carbon trading policy on green technological innovation varies across cities, with higher effects observed in directly governed municipalities, cities with high GDP, cities in the eastern region, and cities with high market vitality. Strategies to enhance the vitality of the carbon market, such as linking carbon trading pilots with the national carbon market, are recommended.
JOURNAL OF CLEANER PRODUCTION
(2022)
Article
Green & Sustainable Science & Technology
JianHui Cong et al.
Summary: The question of whether carbon markets increase regional inequality has sparked widespread discussions. This study focuses on Shanxi Province, a typical resource-based region in China, and constructs a system dynamics model to examine the impact of the carbon market on the economy-energy-environment systems. The results show that the carbon market can have a negative impact on resource-based regions in the short term, but this impact can be repaired in the long term. Carbon markets can benefit from promoting energy saving and carbon reduction to achieve the goal of carbon peaking. Carbon quota constraints tend to have a negative impact on the economy, while their contributions to energy conservation and carbon reduction are relatively small. The combination of carbon market and industrial structure adjustment shows significant benefits, but the long-term impact of the combination of carbon market and high-carbon energy internal structure adjustment is weak. Recommendations include increasing transfer payments to resource-based regions, cultivating green manufacturing industries, and implementing clean energy substitution strategies in resource-based regions.
JOURNAL OF CLEANER PRODUCTION
(2022)
Article
Green & Sustainable Science & Technology
Xiaolin Yu et al.
Summary: As an important exploration of energy-saving and emission reduction through market mechanism, carbon emission trading market has significant theoretical and practical significance on the impact of environmental performance of enterprises. This paper examines the impact of carbon market policy initiation and its improvement on corporate environmental performance. The findings suggest that carbon market policy can effectively improve corporate environmental performance, and the degree of perfection of carbon market policy has a threshold effect. Internal corporate governance and corporate carbon information disclosure can form a synergistic effect with carbon market policy to promote corporate environmental performance improvement. Moreover, the carbon market policy has a more significant effect on the environmental performance improvement of certain types of enterprises.
JOURNAL OF CLEANER PRODUCTION
(2022)
Article
Green & Sustainable Science & Technology
Zhaoyuan Wu et al.
Summary: In this paper, an incentive mechanism is designed to facilitate flexible resource sharing under balancing market integration (BMI). The paper analyzes the sources of benefits and compares the influence of different market regulation approaches. Based on the Coase theorem, an incentive profit-sharing mechanism is designed to optimize resource allocation, reduce welfare transfers, and enhance integration acceptance.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2022)
Article
Energy & Fuels
Yifeng Liu et al.
Summary: Under the background of an incomplete spot market, the lack of an effective mechanism for transmitting coal price fluctuations to users poses risks. This paper proposes a design concept for an index-based long-term electricity market contract suitable for the current electricity market, aiming to solve the above problems. Based on actual data from a province in China, the specific parameters of the index-based contract are designed and the profits of units are analyzed. The results show that the adoption of the trading contract significantly reduces the profit fluctuations of coal-fired units.
Article
Environmental Sciences
Zhu Liu et al.
Summary: China has made significant reductions in CO2 emissions, achieving objectives outlined in Nationally Appropriate Mitigation Actions and Nationally Determined Contributions. However, China still faces challenges in reaching peak CO2 emissions before 2030 and achieving carbon neutrality before 2060. Achieving these goals will require increasing non-fossil energy share, deploying negative-emission technologies, promoting low-carbon development regionally, and establishing a nationwide 'green market'.
NATURE REVIEWS EARTH & ENVIRONMENT
(2022)
Article
Green & Sustainable Science & Technology
Xianyu Yu et al.
Summary: The power industry in China is a major contributor to carbon emissions and also a key player in both the tradable green certificate market and the carbon emissions trading market. The implementation of tradable green certificate and carbon emissions trading mechanisms has positive impacts on controlling carbon emissions, promoting national emission reduction targets, optimizing the power structure, increasing renewable energy investments, and achieving sustainable development goals at the national level.
JOURNAL OF CLEANER PRODUCTION
(2021)
Article
Thermodynamics
Libo Zhang et al.
Summary: This paper explores the impact of FIT reduction and the introduction of RPS on DPVG development in China. FIT reductions have a short-term negative effect on DPVG installations, but can be gradually reduced without sacrificing the grid parity goal. After FITs are cancelled, RPS can effectively help continue the trend towards grid parity.
Article
Thermodynamics
Rizki Firmansyah Setya Budi et al.
Summary: The research proposes a multi-level game theory method for modeling generation expansion planning in a partially deregulated market, which can reduce generation costs according to the results.
Article
Thermodynamics
Hui Wang et al.
Summary: The liquidity of the green certificate market is influenced by strategic behavior, with the strength of the herd effect affecting the average compliance costs level. Adopting a value-trading strategy can reduce the costs of mandatory green certificate trading.
Article
Engineering, Environmental
Tian-tian Feng et al.
Summary: China has set emission reduction targets for 2030 and 2060, and implemented CET and TGC to achieve these goals. Through simulation and policy synergy modeling, it was found that TGC and CET systems can optimize power supply structure and slow down the growth rate of CO2 emissions.
RESOURCES CONSERVATION AND RECYCLING
(2021)
Article
Economics
Ge Wang et al.
Summary: The study shows that establishing coordinated carbon emission quotas and renewable energy markets in China will be more economically efficient, and can achieve the dual goals of reducing carbon emissions and promoting renewable energy pursued by the government. Coordinated markets can reduce market risks, maintain lower price levels, and lower consumers' electricity purchase costs.
Article
Economics
Yongpei Wang et al.
Review
Green & Sustainable Science & Technology
Hancheng Dai et al.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2018)
Review
Green & Sustainable Science & Technology
Tian-tian Feng et al.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2018)
Article
Energy & Fuels
Lirong Zhang et al.
Article
Green & Sustainable Science & Technology
Herui Cui et al.
JOURNAL OF CLEANER PRODUCTION
(2018)
Article
Green & Sustainable Science & Technology
Rui Xie et al.
