Research on Carbon Emission Reduction Investment Decision of Power Energy Supply Chain—Based on the Analysis of Carbon Trading and Carbon Subsidy Policies
This study examines the carbon reduction investment decisions of the electric power energy supply chain considering carbon trading and carbon subsidy policies in China’s “dual carbon” context. By building a three-level supply chain system including electric power producers, retailers, and consumers,...
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Format: | Article |
Language: | English |
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MDPI AG
2022-08-01
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Series: | Energies |
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Online Access: | https://www.mdpi.com/1996-1073/15/17/6151 |
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author | Cheng Che Huixian Zheng Xin Geng Yi Chen Xiaoguang Zhang |
author_facet | Cheng Che Huixian Zheng Xin Geng Yi Chen Xiaoguang Zhang |
author_sort | Cheng Che |
collection | DOAJ |
description | This study examines the carbon reduction investment decisions of the electric power energy supply chain considering carbon trading and carbon subsidy policies in China’s “dual carbon” context. By building a three-level supply chain system including electric power producers, retailers, and consumers, we discuss the optimal decision-making problem of the supply chain for three models of decentralized supply chain decision making without government subsidies, centralized supply chain decision making with government subsidies, and centralized supply chain decision making with government subsidies and carbon emission reduction cost sharing. Through model solving and further numerical simulations, the results showed that the increase in carbon emission reduction investment cost has a significant negative impact on power price and the total expected income of the supply chain. However, a reasonable level of government carbon emission reduction subsidy can effectively alleviate the increase in power price and improve the total expected income of supply chain. In addition, carbon mission reduction investment and supply chain cost allocation can effectively improve the carbon emission reduction level of the power supply chain, improve the income and enthusiasm of electric power producers, and realize the sustainable development of electric power energy consumption and the environment. |
first_indexed | 2024-03-10T01:54:33Z |
format | Article |
id | doaj.art-f81bed5f9d974617bde62ad7484ad766 |
institution | Directory Open Access Journal |
issn | 1996-1073 |
language | English |
last_indexed | 2024-03-10T01:54:33Z |
publishDate | 2022-08-01 |
publisher | MDPI AG |
record_format | Article |
series | Energies |
spelling | doaj.art-f81bed5f9d974617bde62ad7484ad7662023-11-23T13:01:12ZengMDPI AGEnergies1996-10732022-08-011517615110.3390/en15176151Research on Carbon Emission Reduction Investment Decision of Power Energy Supply Chain—Based on the Analysis of Carbon Trading and Carbon Subsidy PoliciesCheng Che0Huixian Zheng1Xin Geng2Yi Chen3Xiaoguang Zhang4School of Economics and Management, China University of Petroleum (East China), Qindao 266580, ChinaSchool of Economics and Management, China University of Petroleum (East China), Qindao 266580, ChinaSchool of Economics and Management, China University of Petroleum (East China), Qindao 266580, ChinaSchool of Economics and Management, China University of Petroleum (East China), Qindao 266580, ChinaSchool of Economics and Management, China University of Petroleum (East China), Qindao 266580, ChinaThis study examines the carbon reduction investment decisions of the electric power energy supply chain considering carbon trading and carbon subsidy policies in China’s “dual carbon” context. By building a three-level supply chain system including electric power producers, retailers, and consumers, we discuss the optimal decision-making problem of the supply chain for three models of decentralized supply chain decision making without government subsidies, centralized supply chain decision making with government subsidies, and centralized supply chain decision making with government subsidies and carbon emission reduction cost sharing. Through model solving and further numerical simulations, the results showed that the increase in carbon emission reduction investment cost has a significant negative impact on power price and the total expected income of the supply chain. However, a reasonable level of government carbon emission reduction subsidy can effectively alleviate the increase in power price and improve the total expected income of supply chain. In addition, carbon mission reduction investment and supply chain cost allocation can effectively improve the carbon emission reduction level of the power supply chain, improve the income and enthusiasm of electric power producers, and realize the sustainable development of electric power energy consumption and the environment.https://www.mdpi.com/1996-1073/15/17/6151energy enterprises investmentsustainable consumptioncarbon trading policycarbon subsidy policyelectric power supply chain |
spellingShingle | Cheng Che Huixian Zheng Xin Geng Yi Chen Xiaoguang Zhang Research on Carbon Emission Reduction Investment Decision of Power Energy Supply Chain—Based on the Analysis of Carbon Trading and Carbon Subsidy Policies Energies energy enterprises investment sustainable consumption carbon trading policy carbon subsidy policy electric power supply chain |
title | Research on Carbon Emission Reduction Investment Decision of Power Energy Supply Chain—Based on the Analysis of Carbon Trading and Carbon Subsidy Policies |
title_full | Research on Carbon Emission Reduction Investment Decision of Power Energy Supply Chain—Based on the Analysis of Carbon Trading and Carbon Subsidy Policies |
title_fullStr | Research on Carbon Emission Reduction Investment Decision of Power Energy Supply Chain—Based on the Analysis of Carbon Trading and Carbon Subsidy Policies |
title_full_unstemmed | Research on Carbon Emission Reduction Investment Decision of Power Energy Supply Chain—Based on the Analysis of Carbon Trading and Carbon Subsidy Policies |
title_short | Research on Carbon Emission Reduction Investment Decision of Power Energy Supply Chain—Based on the Analysis of Carbon Trading and Carbon Subsidy Policies |
title_sort | research on carbon emission reduction investment decision of power energy supply chain based on the analysis of carbon trading and carbon subsidy policies |
topic | energy enterprises investment sustainable consumption carbon trading policy carbon subsidy policy electric power supply chain |
url | https://www.mdpi.com/1996-1073/15/17/6151 |
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