DOI:10.1007/s40565-017-0321-0 |
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Aggregated impact of allowance allocation and power dispatching on emission reduction |
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Author:
Chao JIANG1,2, Yusheng XUE2
, Jie HUANG2
, Feng XUE2,
Fushuan WEN3
, Kang LI4
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Author Affiliation:
1 Nanjing University of Science and Technology (NJUST),
Nanjing 210094, China
2 State Grid Electric Power Research Institute (SGEPRI),
Nanjing 211000, China
3 Universiti Teknologi Brunei (UTB), Brunei Muara, Brunei
4 Queen’s University, Belfast, UK
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Foundation: |
This work was supported by The National Key Research and Development Program of China (Basic Research Class 2017YFB0903000) - Basic Theories and Methods of Analysis and Control of the Cyber Physical Systems for Power Grid, the State Grid Corporation of China ‘‘Key technologies research on carbon asset management of transmission company’’ and Major Consulting Project of Chinese Academy of Engineering (No. 2016-ZD-07). |
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Abstract: |
Climate change has become one of the most
important issues for the sustainable development of social
well-being. China has made great efforts in reducing CO2
emissions and promoting clean energy. Pilot Emission
Trading Systems (ETSs) have been launched in two provinces
and five cities in China, and a national level ETS
will be implemented in the third quarter of 2017, with
preparations for China’s national ETS now well under way.
In the meantime, a new round of China’s electric power
system reform has entered the implementation stage. Policy
variables from both electricity and emission markets will
impose potential risks on the operation of generation
companies (GenCos). Under this situation, by selecting key
variables in each domain, this paper analyzes the combined
effects of different allowance allocation methods and
power dispatching models on power system emission. Key
parameters are set based on a provincial power system in
China, and the case studies are conducted based on
dynamic simulation platform for macro-energy systems
(DSMES) software developed by the authors. The selected
power dispatching models include planned dispatch,
energy saving power generation dispatch and economic
dispatch. The selected initial allowance allocation methods
in the emission market include the grandfathering method
based on historical emissions and the benchmarking
method based on actual output. Based on the simulation
results and discussions, several policy implications are
highlighted to help to design an effective emission market
in China. |
Keywords: |
Emission trading system (ETS), Allowance
allocation, Power dispatching, Generation company,
Emission reduction |
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Online Time:2017/11/27 |
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