Coordination of carbon reduction and renewable energy support policies

Llamas, Pedro Linares; Santos, F.J.; Ventosa, Mariano

doi:10.3763/cpol.2007.0361

Cited by 53 publications

(28 citation statements)

References 13 publications

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“…Likewise, the long-term emissions reduction policy cannot meet the UK's renewable targets without concurrent renewable policies. Linares et al's [19] analysis of the EU example also supported the notation that both ETS and RES policies are required to meet the emissions reduction and renewable energy targets.…”

Section: Introductionmentioning

confidence: 87%

How Can China Achieve Its Nationally Determined Contribution Targets Combining Emissions Trading Scheme and Renewable Energy Policies?

Fan

Xia

2017

Energies

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Abstract:The adoption of emissions trading scheme (ETS) and renewable energy sources (RES) policies have been essential to achieving China's national targets for reducing CO 2 emissions and developing non-fossil energy sources. The combination of ETS and RES policies raises an important issue: What is the effect of combining ETS and RES policies on the existing carbon market and economy? Focusing on the design of the nationwide carbon market, this paper uses a multi-regional computable general equilibrium (CGE) model to analyze the economic impacts of ETS policy when combined with RES policies in China. The results show that China's annual ETS emissions cap should decrease by 0.3% to maintain stable CO 2 prices and achieve the targets in China's intended nationally determined contribution (INDC). It is estimated that the CO 2 price on the nationwide carbon market would decrease by 11-64% when the renewable energy subsidy rate increases from 20 to 100%, and the total trading volume would decrease by 3-25%. The results also show that the combination of an ETS and a feed-in tariff (FIT) results in greater GDP cost and welfare loss in all Chinese regions, increasing the total social cost by 0.01-0.06%.

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Section: Introductionmentioning

confidence: 87%

How Can China Achieve Its Nationally Determined Contribution Targets Combining Emissions Trading Scheme and Renewable Energy Policies?

Fan

Xia

2017

Energies

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“…Based on this, the effectiveness of technologies that can be used for emission reduction in smart grid are more clearly. The renewable energy sources (RES) in supply side management (SSM) can benefit the reduction [11]- [13]. The quantity-based measures of RES support and energy mix strategy for carbon mitigation was studied in [11], [12].…”

Section: Introductionmentioning

confidence: 99%

“…The quantity-based measures of RES support and energy mix strategy for carbon mitigation was studied in [11], [12]. And the policy about RES and carbon reduction was presented in [13]. The importance of demand side management (DSM) was also demonstrated in several aspects [14]- [16].…”

Section: Introductionmentioning

confidence: 99%

Achieving Low Carbon Emission Using Smart Grid Technologies

Sun

Chiu

2017

2017 IEEE 85th Vehicular Technology Conference (VTC Spring)

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any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works. Additional information:Use policyThe full-text may be used and/or reproduced, and given to third parties in any format or medium, without prior permission or charge, for personal research or study, educational, or not-for-prot purposes provided that:• a full bibliographic reference is made to the original source • a link is made to the metadata record in DRO • the full-text is not changed in any way The full-text must not be sold in any format or medium without the formal permission of the copyright holders.Please consult the full DRO policy for further details. and supply side management (SSM) are combined to reduce the emission. Three levels of load curtailment and three strategies of renewable energy sources (RES) utilization are proposed. The IEEE 30-bus system is used to validate the framework of CEF, involving the UK actual daily data of electricity and RES. Simulation results confirm the feasibility of the proposed model and approaches. In the case of DSM, the higher penetration of DSM can result in a higher emission reduction. In the case of SSM, the proposed largest emission substitution strategy can achieve the best performance. And winter day shows a better carbon reduction than summer day in both cases.

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“…A positive contrast would be evidence for a 10 In a normal distribution, the location would be the mean, for example. 11 The use of the Cauchy distribution reflects the fact that a large in magnitude effect of around 5 or greater on the logit scale is highly unlikely in logistic regressions in which all non-binary data has been transformed to have mean zero and standard deviation 0.5, as we have done. In addition, the Cauchy distribution will give answers even under complete separation, and avoids computational problems inherent in assigning completely non-informative priors in multilevel models [8].…”

Section: Interpretation: Meta-parameters Contrastsmentioning

confidence: 99%

The Other Renewable: Hydropower Upgrades and Renewable Portfolio Standards

Fleten¹,

Mauritzen²,

Ullrich³

2018

The Energy Journal

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A total of 29 U.S. states and the District of Columbia have in place mandatory Renewable Portfolio Standards (RPS) which require that a minimum amount of energy come from renewable resources. We investigate the role of hydropower vis-a-vis other renewables under RPS. Using a Bayesian multilevel model, we find that hydropower plants subject to RPS are more likely to plan upgrades. These planned upgrades appear to be a substitute for solar and wind rather than complementary reserve generation.

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Coordination of carbon reduction and renewable energy support policies

Cited by 53 publications

References 13 publications

How Can China Achieve Its Nationally Determined Contribution Targets Combining Emissions Trading Scheme and Renewable Energy Policies?

How Can China Achieve Its Nationally Determined Contribution Targets Combining Emissions Trading Scheme and Renewable Energy Policies?

Achieving Low Carbon Emission Using Smart Grid Technologies

The Other Renewable: Hydropower Upgrades and Renewable Portfolio Standards

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