Abstract: With the rise of global temperatures, the reduction of greenhouse gas emissions has become a global consensus. Carbon trading,as an important means for carbon dioxide emission reduction, is paid more and more attention by the power industry. Generation Performance Standard(GPS), as an initial allocation mode of carbon emission quotas for power industry, is increasingly recognized by the industry. The efficiency of emission rights allocation is a standard for evaluating the fairness of emission rights allocation model. Therefore, the DEA model is used to evaluate the allocation results in 2013 of the initial allocation of carbon emission quotas for five generation groups in China. The results show that the present and improved initial allocations of carbon dioxide emission quotas for the five generation groups basically keep the same, which proves the GPS’s effectiveness and fairness for initial allocation of carbon emission quotas for power industry.

Key words: power industry, DEA, carbon emission right, allocative efficiency