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Optimal Pricing Decision of Tradable Green Certificate for Renewable Energy Power Based on Carbon-electricity Coupling by Shuqin Xu; Qi Xu is a Environmental Science article available to read on EtoBox.

What is Optimal Pricing Decision of Tradable Green Certificate for Renewable Energy Power Based on Carbon-electricity Coupling about?

With the goals of carbon peaking and carbon neutrality, China's renewable energy has entered a stage of rapid development. The government gives financial and power-rate subsidies to clean power while putting great support on its construction. However, there is currently a big gap in the government's subsidy on new energy power generation, which is challenging to meet the demand for renewable energy consumption and sustainable development. In this regard, participating in the market is inevitable for renewable energy development, which is significant for promoting renewable energy power consumption and alleviating the subsidy dilemma. Considering the market-based mechanism, this paper regards the electricity market, the tradable green certificate market, and the carbon emissions allowance trading market as an integrated energy platform system that couples carbon emissions with electricity, linking generators and retailers. We consider two scenarios, including green electricity–green certificate separation and unity, and introduce the intermittency of new energy generation to construct the optimal pricing decision for this platform supply chain. We explore the optimal price of tradab

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Author

Shuqin Xu; Qi Xu

Publisher

Elsevier BV

Published

2023

Language

EN

Field

Environmental Science (Physical Sciences)