<p>The impacts of carbon emission trading mechanism on the power transition pathway -taking Guangdong-Hong Kong-Macao Greater Bay Area as an example</p>

doi:10.1016/j.jclepro.2021.129894

GIEC OpenIR

	The impacts of carbon emission trading mechanism on the power transition pathway -taking Guangdong-Hong Kong-Macao Greater Bay Area as an example
	Luo, Yuejun 1,2,3; Wang, Wenxiu 1,2,3; Zhao, Daiqing1,2,3
	2022
发表期刊	JOURNAL OF CLEANER PRODUCTION
ISSN	0959-6526
卷号	330 页码:14
通讯作者	Wang, Wenxiu(wangwx@ms.giec.ac.cn)
摘要	Carbon emission trading mechanism is an important market-based instrument to address global climate change. The auction ratio and price of carbon emission allowances (CEA) are cores of the carbon emission trading mechanism. What combination of CEA auction ratio and auction price is most conducive to carbon emission reduction for emission control enterprises? There are still relatively few studies conducted on this issue, and there is no clear answer from the views of theory and practice. In this paper, the AIM/Enduse model was used to analyze the changes and differences of installed power capacity, power supply, energy consumption and carbon emissions in the Guangdong-Hong Kong-Macao Great Bay Area (GBA) with different combinations of CEA auction ratios and prices. Moreover, the best pathway of energy transition was explored in the power industry of the GBA, and the best combination of CEA auction ratios and prices was identified in the GBA. The results show that: (1)The carbon emission constraint starts to work only when the auction ratio of CEA is increased to 50% and the auction price is increased to 60 CNY/ton (Scenario p(3)). When the auction ratio of CEA is 100% and the auction price reaches 120 CNY/ton (Scenario p5), a low-carbon transition of the power sector in the GBA can be achieved. (2) Under scenario p5, the total cost of power transition rises and then falls. And the cost of carbon in the power sector increases exponentially as the auction ratio of CEA and the auction price rise. However, the growth in the cost of power supply is relatively flat, which shows that appropriate carbon trading mechanism can improve the economic benefits of power sectors. With the increase of installed capacity of clean low-carbon energy generation and power supply, as well as the decrease of local power cost in the GBA, the proportion of outsourcing power can be appropriately reduced in the future, with an aim to reduce the external dependence of electricity to ensure the security of energy supply. In the end, it suggests that cities in the GBA should give full play to their regional advantages and establish a unified carbon emission trading market in the GBA as soon as possible. This study provides a theoretical basis for the supplementation and improvement of China's carbon emission trading mechanism.
关键词	Power transition Carbon emission trading mechanism Carbon emission allowances (CEA) auction & nbsp Auction ratio and auction price Guangdong-Hong Kong-Macao Greater Bay & nbsp & nbsp Area (GBA) scenarios
DOI	10.1016/j.jclepro.2021.129894
关键词[WOS]	ALLOWANCE ALLOCATION ; CHINA ; SCHEME ; PRICE
收录类别	SCI
语种	英语
资助项目	Natural Science Foundation of Guangdong Province[2021A1515012599] ; Basic and Applied Basic Research Foundation of Guangdong Province (Regional Joint Fund)[2019A1515110170] ; Basic and Applied Basic Research Project of Guangzhou[202002030189] ; Fund entrusted by Department of Ecology and environment of Guangdong Province, China[STQH-2021-050]
WOS研究方向	Science & Technology - Other Topics ; Engineering ; Environmental Sciences & Ecology
项目资助者	Natural Science Foundation of Guangdong Province ; Basic and Applied Basic Research Foundation of Guangdong Province (Regional Joint Fund) ; Basic and Applied Basic Research Project of Guangzhou ; Fund entrusted by Department of Ecology and environment of Guangdong Province, China
WOS类目	Green & Sustainable Science & Technology ; Engineering, Environmental ; Environmental Sciences
WOS记录号	WOS:000772947800007
出版者	ELSEVIER SCI LTD
引用统计	被引频次：18[WOS] [WOS记录] [WOS相关记录]
文献类型	期刊论文
条目标识符	http://ir.giec.ac.cn/handle/344007/36062
专题	中国科学院广州能源研究所
通讯作者	Wang, Wenxiu
作者单位	1.Chinese Acad Sci, Guangzhou Inst Energy Convers, 2 Nengyuan Rd, Guangzhou 510640, Peoples R China 2.Chinese Acad Sci, Key Lab Renewable Energy, 2 Nengyuan Rd, Guangzhou 510640, Peoples R China 3.Guangdong Prov Key Lab New & Renewable Energy Res, 2 Nengyuan Rd, Guangzhou 510640, Peoples R China
第一作者单位	中国科学院广州能源研究所
推荐引用方式 GB/T 7714	Luo, Yuejun,Wang, Wenxiu,Zhao, Daiqing. The impacts of carbon emission trading mechanism on the power transition pathway -taking Guangdong-Hong Kong-Macao Greater Bay Area as an example [J]. JOURNAL OF CLEANER PRODUCTION,2022,330:14.
APA	Luo, Yuejun,Wang, Wenxiu,&Zhao, Daiqing.(2022). The impacts of carbon emission trading mechanism on the power transition pathway -taking Guangdong-Hong Kong-Macao Greater Bay Area as an example .JOURNAL OF CLEANER PRODUCTION,330,14.
MLA	Luo, Yuejun,et al." The impacts of carbon emission trading mechanism on the power transition pathway -taking Guangdong-Hong Kong-Macao Greater Bay Area as an example ".JOURNAL OF CLEANER PRODUCTION 330(2022):14.