Dynamic Interaction among Carbon Trading,Green Certificate Trading and Electricity Market:a Study Based on System Dynamics Model
In the context of the evolving landscape of carbon emissions reduction and renewable energy integration,this study employs System Dynamics(SD)modeling to explore the interconnected dynamics of carbon trading(CT),Tradable Green Certificate(TGC)trading,and electricity markets.Key findings reveal the intricate interplay among carbon prices,green certificate prices,and electricity prices under various coupling mechanisms.For instance,under the three-market coupling mechanism,carbon trading prices stabilize around 150 Yuan/ton,while green certificate prices reach a peak of 0.45 Yuan/KWH,impacting electricity prices,which fluctuate between 0.33 and 1.09 Yuan/KWH over the simulation period.These quantitative results shed light on the nuanced fluctuations in market prices and the dynamics of anticipated purchases and sales volumes within each market.The insights gleaned from this study offer valuable implications for policymakers and market stakeholders in navigating the complexities of carbon emission reduction strategies,renewable energy integration,and market equilibrium.
electricity marketcarbon tradetradable green certificatesystem dynamics model
万方数据
维普
