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DOI10.1016/j.accre.2021.11.005
Will auctioning promote the renewable energy generation in China?
Zhao E.-D.; Song J.-C.; Chen J.-M.; Liu L.-W.; Chen M.-S.
发表日期2021
ISSN1674-9278
英文摘要Renewable energy generation, as part of the global effort to mitigate climate change, will play a central role in reducing greenhouse gas emissions and achieving China's goal of carbon emissions peak before 2030 and carbon neutral before 2060. However, the impact of carbon quota auctions on renewable energy generation has not been sufficiently discussed. The main purpose of this study is to investigate whether China can rely on quota auctions to increase renewable energy generation in the short term, and to demonstrate which is more effective in promoting renewable energy development, policy enforcement or auction constraints? The improved neo-trans-log production model, the multi-objective linear programming model and the dispatch heuristic were used to predict additional emission reduction cost, optimized power mix with different auctioning rates, with economic development, technological progress and the unique characteristics of China's power generation industry being taken into consideration. The results show that the auctioning rate will have little influence on the optimized energy production structure, especially on the share of renewable energy resources; when the total on-grid electricity generation ranges from 7625 to 7926 billion kW h and the auctioning rate ranges from 0% to 5%, policy enforcement will influence the generation of renewable energy to a greater extent than auctioning in the near future. © 2021 The Authors
英文关键词Auctioning; China cap and trade; China's carbon emission trading market; Emission trading scheme; Power generation industry; Renewable energy policy in China; Renewable energy resources
语种英语
来源期刊Advances in Climate Change Research
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/251242
作者单位School of Management and Economics, Beijing Institute of Technology, Beijing, 100081, China; School of Economics & Management, North China Electric Power University, Beijing, 102206, China; International Business School, University of International Business and Economics, Beijing, 100029, China; School of Arts and Sciences, Tufts University, Massachusetts, 02155, United States
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GB/T 7714
Zhao E.-D.,Song J.-C.,Chen J.-M.,et al. Will auctioning promote the renewable energy generation in China?[J],2021.
APA Zhao E.-D.,Song J.-C.,Chen J.-M.,Liu L.-W.,&Chen M.-S..(2021).Will auctioning promote the renewable energy generation in China?.Advances in Climate Change Research.
MLA Zhao E.-D.,et al."Will auctioning promote the renewable energy generation in China?".Advances in Climate Change Research (2021).
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