IDEAS home Printed from https://ideas.repec.org/a/hin/jnddns/8784624.html
   My bibliography  Save this article

The Optimization Model for Interregional Power System Planning considering Carbon Emissions Trading and Renewable Energy Quota Mechanism

Author

Listed:
  • Liwei Ju
  • Zhongfu Tan
  • Huanhuan Li
  • Qingkun Tan
  • Xiangyu Zhang
  • Wei Zhang

Abstract

In China, the rapid construction of ultra-high-voltage (UHV) transmission lines promotes interregional resource optimizing configuration and interregional power system planning. This paper analyzes external environment of interregional power system planning from geographical, technical, and policy environments. Then, the paper takes the minimum system investment cost as the optimization objective and constructs the optimization model of interregional power system planning considering carbon emissions trading (CET) and renewable energy quota mechanism (REQ). Finally, this paper sets base scenario, carbon emissions trading scenario, renewable energy quota mechanism scenario, and comprehensive scenario for case simulation. The results show that interregional power system planning could connect power grids in different regions, enlarge wind power consumption space, and relieve the inconformity problem between power resource and load demand. CET and REQ can increase the installed proportion of clean energy and reduce carbon dioxide emissions, but the cost of transmission lines construction and system reserve will increase correspondingly. The optimization effect of REQ on power system planning is better than CET. When they are both introduced, the power structure will reach the best, carbon dioxide emissions will achieve the minimum, and comprehensive benefits will become more balanced.

Suggested Citation

  • Liwei Ju & Zhongfu Tan & Huanhuan Li & Qingkun Tan & Xiangyu Zhang & Wei Zhang, 2016. "The Optimization Model for Interregional Power System Planning considering Carbon Emissions Trading and Renewable Energy Quota Mechanism," Discrete Dynamics in Nature and Society, Hindawi, vol. 2016, pages 1-15, October.
    • Handle: RePEc:hin:jnddns:8784624
    DOI: 10.1155/2016/8784624
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/DDNS/2016/8784624.pdf
    Download Restriction: no
    File URL: http://downloads.hindawi.com/journals/DDNS/2016/8784624.xml
    Download Restriction: no
    File URL: https://libkey.io/10.1155/2016/8784624?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhang, Hongyu & Zhang, Da & Guo, Siyue & Zhang, Xiliang, 2024. "Impact of benchmark tightening design under output-based ETS on China's power sector," Energy, Elsevier, vol. 288(C).
    2. Zhang, Hongyu & Zhang, Da & Zhang, Xiliang, 2023. "The role of output-based emission trading system in the decarbonization of China's power sector," Renewable and Sustainable Energy Reviews, Elsevier, vol. 173(C).
    3. Tang, Ling & Wang, Haohan & Li, Ling & Yang, Kaitong & Mi, Zhifu, 2020. "Quantitative models in emission trading system research: A literature review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 132(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hin:jnddns:8784624. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.