Feasibility Study of Nuclear Power Included in Carbon Trading Market: A Case Study of China's Carbon Market

Abstract

As an innovative economic and clean source of energy, now nuclear power is the most worthy of large-scale development in the world. Especially in China, the development of nuclear power is not only related to China's energy security, but also of great significance to economic development and international status. Mature and stable carbon emission market is also very important for the implementation of new energy technology. Therefore whenever it comes to carbon trading, as a derivative means for countries in the world to participate in global carbon emission control, it has developed rapidly in China in recent years. Through theoretical analysis and sample data analysis, this paper studies current policies and historical sources, finds out the possible mechanism for nuclear power to enter the carbon trading market, and describes the economic benefits of the combination of nuclear power and carbon trading market. The results show that there is a correlation and causality between nuclear power and other power generation methods and carbon market, and there is a large profit space when carbon trading is included. Nuclear power has potential value for inclusion in the carbon market.