Abstract
To promote the implementation of the national strategy of “carbon peaking and carbon neutrality” (the dual carbon targets), China is constructing a new power grid with renewable energy as its main component. This power grid presents new challenges regarding the reliability, security, and stability of power supply and economic operations. At the same time, there are also a series of key issues in the collaborative and complementary electricity trading between renewable energy and coal-fired power generation companies, especially how to strengthen the optimal allocation of resources between provinces. This article firstly identifies the changes in the new power system under the dual carbon targets. Then, it analyzes the key issues of the collaborative and complementary trading mechanism between renewable energy and coal-fired power generation companies from two perspectives: inter provincial and intra provincial market collaboration and the diversified transaction demand of multiple market entities. Finally, suggestions are put forward for the construction of this electricity trading mechanism.
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