Research on coupling trading mechanism of carbon-green certificate electricity market based on system dynamics

Di Ruan; Yingjin Ye; Ying Huang; Yaru Han; Yijie Yu

doi:10.1117/12.3024684

13 May 2024 Research on coupling trading mechanism of carbon-green certificate electricity market based on system dynamics

Di Ruan, Yingjin Ye, Ying Huang, Yaru Han, Yijie Yu

Author Affiliations +

Proceedings Volume 13159, Eighth International Conference on Energy System, Electricity, and Power (ESEP 2023); 131593Q (2024) https://doi.org/10.1117/12.3024684
Event: Eighth International Conference on Energy System, Electricity and Power (ESEP 2023), 2023, Wuhan, China

Abstract

Under the dual-carbon target, the power industry needs to promote the reform of the power trading system to reduce carbon emissions, and it is very important to build a carbon market, green certificate market and electricity market coupling trading mechanism. This paper proposes a System dynamics carbon-green card-electricity market transaction coupling mechanism to construct a new low-carbon trading system from the macro-modeling level. Firstly, the carbon trading mechanism based on baseline method and the green certificate trading mechanism considering historical completion degree data are modeled respectively. Then, from the perspective of System dynamics theory, a modeling method of the carbon-green certificate-electricity market coupling trading mechanism is proposed. Finally, the proposed mechanism is simulated using data from Fujian, China, and the results prove the effectiveness of the proposed mechanism.

(2024) Published by SPIE. Downloading of the abstract is permitted for personal use only.

Citation Download Citation

Di Ruan, Yingjin Ye, Ying Huang, Yaru Han, and Yijie Yu "Research on coupling trading mechanism of carbon-green certificate electricity market based on system dynamics", Proc. SPIE 13159, Eighth International Conference on Energy System, Electricity, and Power (ESEP 2023), 131593Q (13 May 2024); https://doi.org/10.1117/12.3024684

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