The Feedback Mechanism of Carbon Emission Reduction in Power Industry of Delayed Systems

Abstract

Carbon emissions of power industry in China have accounted for more than half of the total emissions. How to decrease them is important for realizing carbon emission reduction. This paper proposes a carbon market feedback mechanism to power market, comprehensively considering the influence of generation structure, carbon intension, and technological progress on carbon emission reduction in power industry, and builds a potential model based on dynamic system. Operation system results show that the increasing trend of carbon emission can be controlled effectively but always with a lag. At the same time, sensitivity analysis results show that carbon emission reduction can be better realized by adjusting power structure and improving technological level; the former can reduce 32% and the latter can reduce 60% at most.