Quantitative Analysis of the Impact of National Carbon Market on Electricity Market

DOI

10.2991/978-94-6463-326-9_47How to use a DOI?

Keywords

electricity market; carbon market; market coordination; quantitative analysis

Abstract

China’s electricity market and national carbon market are both under construction. The core link between the carbon market and the electricity market is price. As the carbon quota tightens and the carbon price rises, the national carbon market will affect the bidding strategy of market participants, and then have an impact on market structure, transaction price, cross-provincial trade, etc., and promote the further improvement of auxiliary service market, capacity market, green electricity trading and other mechanisms in the electricity market. Based on a mixed integer linear programming model, this paper quantifies the impact of the national carbon market on the electricity market and promotes the coordination between the electricity market and the national carbon market.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Su Yang
AU  - Zheng Zhao
AU  - Wenjing Ruan
AU  - Xuanxiao Zhang
AU  - Zechen Wu
PY  - 2023
DA  - 2023/12/30
TI  - Quantitative Analysis of the Impact of National Carbon Market on Electricity Market
BT  - Proceedings of the 2023 3rd International Conference on Business Administration and Data Science (BADS 2023)
PB  - Atlantis Press
SP  - 461
EP  - 468
SN  - 2589-4900
UR  - https://doi.org/10.2991/978-94-6463-326-9_47
DO  - 10.2991/978-94-6463-326-9_47
ID  - Yang2023
ER  -