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China's Green Certificate Trading Mode Design and Trading Volume Evaluation Model Establishment

descriptionPublicationkeyboard_double_arrow_right Conference object , Article 01 Nov 2019Publisher:IEEEJournal:2019 Chinese Automation Congress (CAC)

Authors: Xiaoning Ye; Ziqian Li; Wei Wang; Shuang Hao; Caixia Wang;

doi: 10.1109/cac48633.2019.8996576

China's Green Certificate Trading Mode Design and Trading Volume Evaluation Model Establishment

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Abstract

Green certificate is the green attribute of renewable energy generation. At present, voluntary green certificate purchase has been carried out in China. This paper firstly analyses the background and key points of green certificate policy in China. Secondly, it studies the implement situation and existing problems of green certificate transaction. Then, combining the new requirements of grid parity and renewables portfolio standards (RPS) policy, this paper proposes "2+2+2+3" green certificate trading mode in China, and establishes green certificate trading volume evaluation model. Evaluation result shows that the green certificate trading volume in State Grid Corporation of China (SGCC) business area in 2019 is 4.8 TWh.

Impact byBIP!

	citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	6
	popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.	Top 10%
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Average
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Top 10%