Abstract

The efficiency power plant (EPP) is a kind of virtual power plant with zero emission, zero pollution, and low cost and exhibits a high-quality low-carbon production behavior in input-output analysis. In the process of implementing EPP, enterprises not only save electricity but also reduce carbon emissions, while increasing the cost of R&D and equipment. Therefore, it is very necessary to study relationships between carbon quota and EPP implementation decision. In this paper, we build the profit functions of three different types of enterprises implementing EPP and analyze the relationship of main parameters, such as the probability of implementing EPP, electricity saving, income, cost, and carbon quota, and obtain nine relative results. Then, we use ‘Maple’ software to simulate the results by drawing images of parameters, and all the above nine results passed the simulation test verification. At last, we collect the actual survey data and use VC++ programming to carry out an empirical study in China to prove the practicability of the model and the results. The results show that, under the carbon quota trading system, enterprises should tend to implement EPPs and increase investment in R&D and acquisition of EPPs and are needed to adjust the intensity of implementing EPPs according to the change of carbon quota and unit carbon quota income, to obtain higher income.

Highlights

  • BackgroundElectricity demand side management (DSM) is to let enterprises and users manage their own enterprise electricity situation through the construction of electricity fine management platform

  • When the carbon quota obtained from the implementation of Efficiency power plant (EPP) is lower than h0, the enterprise income decreases with the increase of unit carbon quota, and the enterprise reduces the intensity of the implementation of EPP to ensure its own interests within a reasonable range

  • The paper analyzed the factors affecting the earnings and output of EPP enterprises, non-EPP enterprises, and selective EPP enterprises by establishing the profit functions, and we studied how the income and output of three kinds of enterprises change with the carbon quota

Read more

Summary

Introduction

Electricity demand side management (DSM) is to let enterprises and users manage their own enterprise electricity situation through the construction of electricity fine management platform. Efficiency power plant (EPP) is a representative DSM energy efficiency resource project. EPP can be considered as a collection of some DSM energy efficiency resource projects with better combination. EPPs use high-efficiency electrical equipment and products, based on the energy-saving transformation plan of an industry or a regional enterprise, to form a regional electricity utilization efficiency optimization in different ways, which has the same important significance with the construction of a new power plant. Over the past 10 years, the development of DSM has achieved abundant energy conservation and emission reduction effects and formed a certain scale.

Methods
Results
Discussion
Conclusion
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call