Huadian Technology ›› 2021, Vol. 43 ›› Issue (6): 33-40.doi: 10.3969/j.issn.1674-1951.2021.06.004

• Low-carbon Technical Economy • Previous Articles     Next Articles

Discussion on convergent trading of the carbon and electricity market on the path to carbon peak and carbon neutrality

JI Bin1,2(), SUN Hui1,2,*(), LIANG Xiao3, LIU Yan4, LI Fan4   

  1. 1. NARI Group Corporation(State Grid Electric Power Research Institute Company Limited),Nanjing 211106,China
    2. NARI Technology Company Limited,Nanjing 211106,China
    3. State Grid Anhui Electric Power Dispatching Center,Hefei 230000,China
    4. State Grid Weinan Electric Power Supply Company,Weinan 714000,China
  • Received:2021-04-26 Revised:2021-05-17 Online:2021-06-25 Published:2021-06-25
  • Contact: SUN Hui E-mail:1498206259@qq.com;sunhui@88.com

Abstract:

To achieve the goal of "carbon peak and carbon neutrality" and increase the access and consumption proportion of new energy,carbon market and power market are coupled to simulate energy conservation and emission reduction.From the perspective of electricity market,the relationship between electricity market and carbon emission right market and their coupling method are analyzed to meet the target of energy conservation and emission reduction.Then,according to the principles of electricity market and the allocating and issuing mechanism of carbon emission rights,a joint operation mode for carbon and power market is designed.And the correspondent market mechanism for the joint operation of carbon and electricity market is developed.Finally,according to the designed operation mode and market mechanism,a quantitative verification for carbon and electricity market is carried out.It can be seen from the examples that the market mechanism guides the load-side market entities to respond to the unbalanced electricity from electricity and carbon market,profiting from earning carbon emission rights and participating in carbon emission rights market.Thereby,the mechanism can reduce the thermal reserve capacity of power system which is dominated by thermal power units,restrict CO2 emissions,and promote the realization of the "carbon peak and carbon neutrality".

Key words: electricity transaction, carbon emission rights transaction, carbon and electricity coupling, mechanism design, market integration, carbon peak and carbon neutrality, carbon neutrality, carbon peak

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