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Carbon Trading Mechanism Promotes Low-carbon Transformation of Power Industry

In: Proceedings of the 2023 2nd International Conference on Urban Planning and Regional Economy (UPRE 2023)

Author

Listed:
  • Xiazhe Tu

    (State Grid Fujian Electric Power Co., LTD., Economic and Technological Research Institute)

  • Xianan Huang

    (State Grid Fujian Electric Power Co., LTD., Economic and Technological Research Institute)

  • Wenjin Jiang

    (State Grid Fujian Electric Power Co., LTD., Economic and Technological Research Institute)

  • Xiaodong Yang

    (State Grid Fujian Electric Power Co., LTD., Economic and Technological Research Institute)

  • Chuangxin Guo

    (Zhejiang University, College of Electrical Engineering)

Abstract

Carbon trading mechanism is an effective market means to achieve carbon emission reduction, and the power industry is the preferred sector covered by carbon trading in various countries. It is of great significance to clarify the role of carbon trading mechanism in promoting the low-carbon transformation of power. First, it introduces the definition and key elements of carbon trading, then focuses on the actual scenario of power carbon trading, analyzes the mechanism of carbon trading to promote power carbon neutralization, summarizes the key technologies and research status of power enterprises participating in carbon trading, and based on this, puts forward suggestions for the future development of the power carbon cooperative market.

Suggested Citation

  • Xiazhe Tu & Xianan Huang & Wenjin Jiang & Xiaodong Yang & Chuangxin Guo, 2023. "Carbon Trading Mechanism Promotes Low-carbon Transformation of Power Industry," Advances in Economics, Business and Management Research, in: Reza Lotfi & Chukwunonso Kelvin Oraedu & Ferdous Ahmed (ed.), Proceedings of the 2023 2nd International Conference on Urban Planning and Regional Economy (UPRE 2023), pages 71-81, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-218-7_9
    DOI: 10.2991/978-94-6463-218-7_9
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