气候变化领域集成服务门户(CCPortal): The impact of renewable portfolio standard on retail electricity market: A system dynamics model of tripartite evolutionary game

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DOI	10.1016/j.enpol.2019.111072
	The impact of renewable portfolio standard on retail electricity market: A system dynamics model of tripartite evolutionary game
	Zhu C.; Fan R.; Lin J.
发表日期	2020
ISSN	0301-4215
卷号	136
英文摘要	The renewable portfolio standard (RPS) in China is to put into effect at the beginning of 2020, which will inevitably affect the strategy of stakeholders in retail electricity market. To study the effect of RPS on retail electricity market, we take the regulators (energy regulatory authorities) and two types of power sales companies with heterogeneous strength into consideration. Then a system dynamics model of tripartite evolutionary game is developed to analyze the strategy interaction of stakeholders and simulate the corresponding evolution process. Based on the background of Chinese renewable power industry, the scenario analysis method is employed to investigate the impacts of key parameters in relation with RPS scheme on stakeholders’ strategy selections. The results show that, to basically ensure all the power sales companies comply with quota obligation, TGC price of different stages should maintain at desired levels, net profit of renewable power sales should be no less than that of conventional power sales, and incentive and punishment should be within a reasonable range. In particular, the results reveal some policy effects such as reversal effect, blocking effect and over-reliance effect. More importantly, these results provide some policy recommendations for the rapid development of renewable power industry. © 2019 Elsevier Ltd
英文关键词	Evolutionary game; Power sales companies; Renewable portfolio standard; System dynamics
学科领域	Commerce; Electric industry; Power markets; System theory; Conventional power; Evolutionary games; Policy recommendations; Regulatory authorities; Renewable portfolio standard; Retail electricity markets; System Dynamics; System dynamics model; Sales; alternative energy; electricity generation; electricity industry; electricity supply; energy market; energy policy; stakeholder; China
语种	英语
scopus关键词	Commerce; Electric industry; Power markets; System theory; Conventional power; Evolutionary games; Policy recommendations; Regulatory authorities; Renewable portfolio standard; Retail electricity markets; System Dynamics; System dynamics model; Sales; alternative energy; electricity generation; electricity industry; electricity supply; energy market; energy policy; stakeholder; China
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/118262
作者单位	Economics and Management School, Wuhan University, Wuhan, Hubei 430072, China
推荐引用方式 GB/T 7714	Zhu C.,Fan R.,Lin J.. The impact of renewable portfolio standard on retail electricity market: A system dynamics model of tripartite evolutionary game[J],2020,136.
APA	Zhu C.,Fan R.,&Lin J..(2020).The impact of renewable portfolio standard on retail electricity market: A system dynamics model of tripartite evolutionary game.Energy Policy,136.
MLA	Zhu C.,et al."The impact of renewable portfolio standard on retail electricity market: A system dynamics model of tripartite evolutionary game".Energy Policy 136(2020).