气候变化领域集成服务门户(CCPortal): How to achieve incentive regulation under renewable portfolio standards and carbon tax policy? A China's power market perspective

CCPortal

DOI	10.1016/j.enpol.2020.111576
	How to achieve incentive regulation under renewable portfolio standards and carbon tax policy? A China's power market perspective
	Xin-gang Z.; Ling W.; Ying Z.
发表日期	2020
ISSN	03014215
卷号	143
英文摘要	Renewable portfolio standards (RPS) and carbon tax policy, as efficient regulatory policy tools for realizing energy low-carbon transformation, can they achieve incentive regulation for power producers based on the decisive role of “visible hands” and “invisible hands” in the utilization and allocation of resources. It will become the critical scientific issue of China's power market reform. This paper constructs an equilibrium model of power market under the overlapping regulation of carbon tax policy and RPS, studies the influence of RPS and carbon tax policy on the power market, and analyzes whether they can help motivate green power producers to reduce production costs. The results show that the overlapping regulation can help to increase the proportion of renewable energy generation production in the power market and optimize the power supply structure. Still, it is difficult to form effective incentive regulation for power producers. On the premise of meeting the quota, the green power producers can increase the feed-in tariffs and achieve higher profits by colluding to realize cost padding. Therefore, the realization of incentive regulation is conducive to weaken information asymmetry to achieve the scientific regulation of power producers and effectively promote the process of China's power market reform. © 2020 Elsevier Ltd
关键词	Carbon tax Cost padding Incentive regulation Renewable portfolio standards
英文关键词	Carbon; Emission control; Renewable energy resources; Taxation; Equilibrium modeling; Incentive regulations; Information asymmetry; Low carbon transformations; Power market reform; Regulatory policies; Renewable energy generation; Renewable portfolio standard; Power markets; alternative energy; efficiency measurement; electricity generation; energy market; energy policy; incentive; policy reform; pollution tax; regulatory framework; resource allocation; tariff structure; China
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204931
作者单位	School of Economics and Management, North China Electric Power Univ., Beijing, China; Beijing Key Laboratory of New Energy and Low-Carbon Development, Beijing, China
推荐引用方式 GB/T 7714	Xin-gang Z.,Ling W.,Ying Z.. How to achieve incentive regulation under renewable portfolio standards and carbon tax policy? A China's power market perspective[J],2020,143.
APA	Xin-gang Z.,Ling W.,&Ying Z..(2020).How to achieve incentive regulation under renewable portfolio standards and carbon tax policy? A China's power market perspective.Energy Policy,143.
MLA	Xin-gang Z.,et al."How to achieve incentive regulation under renewable portfolio standards and carbon tax policy? A China's power market perspective".Energy Policy 143(2020).