Abstract

The optimal allocation of resources through the synergy of the electricity market, carbon emission market, and green certificate market is the necessary way for the development of the new power system with a high proportion of renewable energy. The impact of the carbon market on the electricity market is reflected by the carbon cost pass-through analysis. However, the mechanism of the green certificate market on carbon cost pass-through has not received due attention. In view of this situation, based on the establishment of the carbon cost pass-through analysis method, this paper further analyzes the coupling impact of green certificate trading and carbon emission trading. The energy-reserve joint optimization market trading model considering the equivalence relationship between green certificate trading and carbon emission trading was constructed, and the carbon cost pass-through rate was obtained based on weighted market simulation results. The effectiveness of the proposed method is verified by the simulation of a 10-unit system, and the influence of the price of green certificates on the cost pass-through rate is analyzed.

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