Energy Optimization of Electricity Wholesale Market Considering Carbon Emissions Trading and Green Power Certificate Trading Mechanism

doi:10.11930/j.issn.1004-9649.202109143

Abstract

Abstract: Based on a comparative analysis of the differences between carbon emissions trading (CET) market and green certificate trading (GPCT) market, and also on the mechanism of the two markets' impact on the electricity wholesale market, this paper builds an energy optimization model of the electricity wholesale market with the concepts of CET and GPCT systems. Numerical simulation results indicate that: The coordination influences of CET and GPCT system have a positive effect on optimizing the power structure and promoting carbon emission reduction in the power industry. With the total carbon emission target, there exists an optimal combination of carbon emission allowance volume and green power certificate proportion that meets the maximization of the gross profit of each power generation company.

Key words: carbon emissions trading, green power certificate trading, electricity wholesale market, carbon emission allowance

YAO Jun, HE Jiao, WU Yongfei, YAN Caixia. Energy Optimization of Electricity Wholesale Market Considering Carbon Emissions Trading and Green Power Certificate Trading Mechanism[J]. Electric Power, 2022, 55(8): 190-195.

Add to citation manager EndNote|Ris|BibTeX

URL: https://www.electricpower.com.cn/EN/10.11930/j.issn.1004-9649.202109143

https://www.electricpower.com.cn/EN/Y2022/V55/I8/190

References

[1] 傅世均. 组合减排机制: 欧盟电力工业碳减排的启示[J]. 科技管理研究, 2014, 34(5): 20–24
FU Shijun. Combinatorial mitigation mechanism: implications from European union's electric power industry[J]. Science and Technology Management Research, 2014, 34(5): 20–24
[2] FISCHER C. Combining policies for renewable energy: is the whole less than the sum of its parts?[J]. International Review of Environmental and Resource Economics, 2010, 4(1): 51–92.
[3] 迟远英, 王彦亮, 牛东晓, 等. 碳排放交易下的发电权置换优化模型[J]. 电网技术, 2010, 34(6): 78–81
CHI Yuanying, WANG Yanliang, NIU Dongxiao, et al. An optimization model of generating right exchanging under carbon emission trading[J]. Power System Technology, 2010, 34(6): 78–81
[4] 叶飞, 令狐大智. 双寡头竞争环境下的碳配额分配策略研究[J]. 系统工程理论与实践, 2015, 35(12): 3038–3046
YE Fei, LINGHU Dazhi. Carbon quota allocation policy in duopoly[J]. Systems Engineering-Theory & Practice, 2015, 35(12): 3038–3046
[5] 任杰, 何平, 龚本刚. 限额与交易机制下考虑产能约束的企业生产和碳交易决策[J]. 系统工程, 2016, 34(7): 47–52
REN Jie, HE Ping, GONG Bengang. The decision of production and carbon trading under capacity constraints and cap-and-trade mechanism[J]. Systems Engineering, 2016, 34(7): 47–52
[6] 李嘉龙, 陈雨果, 刘思捷, 等. 考虑碳排放成本的电力市场均衡分析[J]. 电网技术, 2016, 40(5): 1558–1563
LI Jialong, CHEN Yuguo, LIU Sijie, et al. Electricity market equilibrium analysis considering carbon emission cost[J]. Power System Technology, 2016, 40(5): 1558–1563
[7] 王素凤, 杨善林, 彭张林. 面向多重不确定性的发电商碳减排投资研究[J]. 管理科学学报, 2016, 19(2): 31–41
WANG Sufeng, YANG Shanlin, PENG Zhanglin. Research on the power producer's carbon abatement investment in view of multiple uncertainties[J]. Journal of Management Sciences in China, 2016, 19(2): 31–41
[8] 刘传明, 孙喆, 张瑾. 中国碳排放权交易试点的碳减排政策效应研究[J]. 中国人口·资源与环境, 2019, 29(11): 49–58
LIU Chuanming, SUN Zhe, ZHANG Jin. Research on the effect of carbon emission reduction policy in China's carbon emissions trading pilot[J]. China Population, Resources and Environment, 2019, 29(11): 49–58
[9] 陈景东, 赵沛. 碳交易试点政策与电力行业碳减排[J]. 中国电力, 2021, 54(12): 156–161
CHEN Jingdong, ZHAO Pei. Carbon emissions trading pilot policy and power industry emissions reductions[J]. Electric Power, 2021, 54(12): 156–161
[10] 安学娜, 张少华, 李雪. 考虑绿色证书交易的寡头电力市场均衡分析[J]. 电力系统自动化, 2017, 41(9): 84–89
AN Xuena, ZHANG Shaohua, LI Xue. Equilibrium analysis of oligopolistic electricity markets considering tradable green certificates[J]. Automation of Electric Power Systems, 2017, 41(9): 84–89
[11] 张金良, 周秀秀. 基于系统动力学的发电行业市场型碳减排政策影响分析[J]. 中国电力, 2020, 53(6): 114–123
ZHANG Jinliang, ZHOU Xiuxiu. Impact analysis of market-driented carbon emission reduction policies in power generation industry based on system dynamics[J]. Electric Power, 2020, 53(6): 114–123
[12] B?HRINGER C, BEHRENS M. Interactions of emission caps and renewable electricity support schemes[J]. Journal of Regulatory Economics, 2015, 48(1): 74–96.
[13] 刘洽, 赵秋红. 政策对发电企业能源决策的影响及最优化模型[J]. 系统工程理论与实践, 2015, 35(7): 1717–1725
LIU Qia, ZHAO Qiuhong. Policy impacts on power generation enterprises' decisions and optimization model[J]. Systems Engineering-Theory & Practice, 2015, 35(7): 1717–1725
[14] 刘敦楠. 电力市场、碳排放权市场和绿色证书市场的协调发展[J]. 电器工业, 2017(7): 44–46
LIU Dunnan. Coordinated development of power market, carbon emission right market and green certificate market[J]. China Electrical Equipment Industry, 2017(7): 44–46
[15] 赵文会, 高姣倩, 于金龙, 等. 计及碳交易和绿色证书交易机制的发电权交易模型[J]. 可再生能源, 2016, 34(8): 1129–1137
ZHAO Wenhui, GAO Jiaoqian, YU Jinlong, et al. Generation rights trade model with carbon trading and green certificate trading mechanisms[J]. Renewable Energy Resources, 2016, 34(8): 1129–1137
[16] 魏震波, 隋东旭, 王瀚琳, 等. 含双边储备市场及绿证交易的现货市场分析[J]. 电力系统保护与控制, 2020, 48(8): 52–60
WEI Zhenbo, SUI Dongxu, WANG Hanlin, et al. Spot market analysis including bilateral reserve market and green certificate trading[J]. Power System Protection and Control, 2020, 48(8): 52–60
[17] 张立辉, 戴谷禹, 聂青云, 等. 碳交易机制下计及用电行为的虚拟电厂经济调度模型[J]. 电力系统保护与控制, 2020, 48(24): 154–163
ZHANG Lihui, DAI Guyu, NIE Qingyun, et al. Economic dispatch model of virtual power plant considering electricity consumption under a carbon trading mechanism[J]. Power System Protection and Control, 2020, 48(24): 154–163
[18] 贾德香, 柳占杰, 高骞, 等. 计及碳—电一体化交易的虚拟电厂竞价策略[J]. 电力科学与技术学报, 2021, 36(2): 89–97
JIA Dexiang, LIU Zhanjie, GAO Qian, et al. Bidding strategy of the virtual power plant based on the consideration of carbon-electricity integration trading in auxiliary service market[J]. Journal of Electric Power Science and Technology, 2021, 36(2): 89–97
[19] 叶泽, 何姣, 周鑫, 等. 发电行业碳排放权初始配额分配的双层规划模型[J]. 系统工程, 2018, 36(11): 140–146
YE Ze, HE Jiao, ZHOU Xin, et al. Bi-level programming model for initial quota allocation of carbon emission rights in power generation industry[J]. Systems Engineering, 2018, 36(11): 140–146
[20] CIARRETA A, GEORGANTZIS N, GUTIERREZ-HITA C. On the promotion of renewable sources in spot electricity markets[C]// 4 th Annual conference on Competition and Regulation in Network Industries, Brussels, 2011.
[21] CHAPPIN E J L, DIJKEMA G P J. On the impact of CO₂ emission-trading on power generation emissions[J]. Technological Forecasting and Social Change, 2009, 76(3): 358–370.
[22] CIARRETA A, ESPINOSA M P, PIZARRO-IRIZAR C. Optimal regulation of renewable energy: a comparison of Feed-in Tariffs and Tradable Green Certificates in the Spanish electricity system[J]. Energy Economics, 2017, 67: 387–399.
[23] 吕一兵, 万仲平, 胡铁松. 初始排污权分配及定价的双层多目标规划模型[J]. 运筹与管理, 2014, 23(6): 17–22
LV Yibing, WAN Zhongping, HU Tiesong. A bilevel multi-objective model of initial emission permits allocating and pricing[J]. Operations Research and Management Science, 2014, 23(6): 17–22
[24] 刘定宜, 叶泽, 张新华. 考虑碳减排的发电商电量上网机制设计[J]. 中国电力, 2017, 50(4): 11–16,58
LIU Dingyi, YE Ze, ZHANG Xinhua. Mechanism design of on-grid electricity considering carbon emissions[J]. Electric Power, 2017, 50(4): 11–16,58
[25] 李雅超, 撖晨宇, 肖艳炜, 等. 基于可再生能源经济调度时序模拟的绿色证书市场交易研究[J]. 智慧电力, 2021, 49(4): 58–65
LI Yachao, HAN Chenyu, XIAO Yanwei, et al. Tradable green certificate market transaction based on economic scheduling timing simulation of renewable energy[J]. Smart Power, 2021, 49(4): 58–65