Evolutionary game theoretic study on the coordinated development of solar power and coal-fired thermal power under the background of carbon neutral
In recent years, China has been promoting the process of carbon neutral by establishing carbon exchanges (CEs) and implementing relevant carbon emission reward and punishment policies. This study proposes a partnership of the CE, solar power plant (SPP) and coal-fired thermal power plant (TPP). Base...
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| Format: | Article |
| Language: | English |
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Elsevier
2021-11-01
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| Series: | Energy Reports |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2352484721012026 |
| _version_ | 1798026757533597696 |
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| author | Gang Wang Yuechao Chao Jianqing Lin Zeshao Chen |
| author_facet | Gang Wang Yuechao Chao Jianqing Lin Zeshao Chen |
| author_sort | Gang Wang |
| collection | DOAJ |
| description | In recent years, China has been promoting the process of carbon neutral by establishing carbon exchanges (CEs) and implementing relevant carbon emission reward and punishment policies. This study proposes a partnership of the CE, solar power plant (SPP) and coal-fired thermal power plant (TPP). Based on the tripartite evolutionary game model and current policies of China, the evolutionary processes are simulated and discussed. The results reveal that stable states can be achieved under different partnership modes. Effect evaluation results of typical parameters on the three participants show that on the premise of ensuring the participations of CE and SPP, properly reducing the prices of carbon emission share sold to the TPP will strengthen the participation willingness of TPP. The relatively reasonable selling price ranges of carbon emission share of the CE and SPP sold to the TPP are 6.0∼6.2 $/t and 5.3∼5.5 $/t, respectively. Higher zero carbon emission reward and higher carbon tax can strengthen the participation willingness of TPP and make the TPP achieve the carbon neutral. This study can provide a reference for the government and related industries to promote the carbon neutral development as well as the coordinated development of solar power and coal-fired thermal power. |
| first_indexed | 2024-04-11T18:41:58Z |
| format | Article |
| id | doaj.art-529c3d94ef1741179eed3d7cc0642a98 |
| institution | Directory Open Access Journal |
| issn | 2352-4847 |
| language | English |
| last_indexed | 2024-04-11T18:41:58Z |
| publishDate | 2021-11-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Energy Reports |
| spelling | doaj.art-529c3d94ef1741179eed3d7cc0642a982022-12-22T04:08:58ZengElsevierEnergy Reports2352-48472021-11-01777167727Evolutionary game theoretic study on the coordinated development of solar power and coal-fired thermal power under the background of carbon neutralGang Wang0Yuechao Chao1Jianqing Lin2Zeshao Chen3School of Energy and Power Engineering, Northeast Electric Power University, Jilin 132012, Jilin, ChinaSchool of Energy and Power Engineering, Northeast Electric Power University, Jilin 132012, Jilin, ChinaSchool of Energy and Power Engineering, Northeast Electric Power University, Jilin 132012, Jilin, China; Corresponding author.School of Engineering Science, University of Science and Technology of China, Hefei 230027, Anhui, ChinaIn recent years, China has been promoting the process of carbon neutral by establishing carbon exchanges (CEs) and implementing relevant carbon emission reward and punishment policies. This study proposes a partnership of the CE, solar power plant (SPP) and coal-fired thermal power plant (TPP). Based on the tripartite evolutionary game model and current policies of China, the evolutionary processes are simulated and discussed. The results reveal that stable states can be achieved under different partnership modes. Effect evaluation results of typical parameters on the three participants show that on the premise of ensuring the participations of CE and SPP, properly reducing the prices of carbon emission share sold to the TPP will strengthen the participation willingness of TPP. The relatively reasonable selling price ranges of carbon emission share of the CE and SPP sold to the TPP are 6.0∼6.2 $/t and 5.3∼5.5 $/t, respectively. Higher zero carbon emission reward and higher carbon tax can strengthen the participation willingness of TPP and make the TPP achieve the carbon neutral. This study can provide a reference for the government and related industries to promote the carbon neutral development as well as the coordinated development of solar power and coal-fired thermal power.http://www.sciencedirect.com/science/article/pii/S2352484721012026Solar power plantCoal-fired thermal power plantCarbon emission reductionCarbon neutralCarbon trading |
| spellingShingle | Gang Wang Yuechao Chao Jianqing Lin Zeshao Chen Evolutionary game theoretic study on the coordinated development of solar power and coal-fired thermal power under the background of carbon neutral Energy Reports Solar power plant Coal-fired thermal power plant Carbon emission reduction Carbon neutral Carbon trading |
| title | Evolutionary game theoretic study on the coordinated development of solar power and coal-fired thermal power under the background of carbon neutral |
| title_full | Evolutionary game theoretic study on the coordinated development of solar power and coal-fired thermal power under the background of carbon neutral |
| title_fullStr | Evolutionary game theoretic study on the coordinated development of solar power and coal-fired thermal power under the background of carbon neutral |
| title_full_unstemmed | Evolutionary game theoretic study on the coordinated development of solar power and coal-fired thermal power under the background of carbon neutral |
| title_short | Evolutionary game theoretic study on the coordinated development of solar power and coal-fired thermal power under the background of carbon neutral |
| title_sort | evolutionary game theoretic study on the coordinated development of solar power and coal fired thermal power under the background of carbon neutral |
| topic | Solar power plant Coal-fired thermal power plant Carbon emission reduction Carbon neutral Carbon trading |
| url | http://www.sciencedirect.com/science/article/pii/S2352484721012026 |
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