Research on carbon emission quota allocation in power industry

Abstract

China's power supply structure is dominated by coal-fired power and has high carbon emission characteristics. The carbon emissions in the power industry account for more than 40% of national total carbon emission. Therefore, the implementation of carbon emission quota trading in the power industry is of great significance to achieve China's national carbon emission reduction targets. In this paper, a carbon emission quota allocation scheme is determined based on the "historical law or "baseline method" or a combination of the two, according to carbon market pilot experiences. Then combined with the actual situation of carbon emissions in the power industry and the effect of the allocation plan on carbon emission reduction, we determined the specific carbon quota indicators of the thermal power unit. Finally, the final carbon emission quota allocation solution reflects both the equity and efficiency principles in China's power industry.