Under the current carbon reduction policies, the price subsidy mechanism of renewable energy is studied for the system composed of power grid company, renewable energy generator and non-renewable energy generator based on the power supply-demand balance. The paper employs the method of carbon quota allocation based on Boltzmann distribution and carbon dioxide spillover effect to construct model in order to explore the optimal decisions of power grid company, renewable energy generator and non-renewable energy generator, the impacts of system parameters on system equilibrium, as well as how the optimal decisions affect the members' decisions. Finally, the relationship among Boltzmann distribution parameter, carbon dioxide spillover effect parameter and optimal price subsidy for renewable energy is discussed. The results show that equilibrium solution exists with and without considering carbon dioxide spillover effect; the carbon emission quotas compensated by areas where power is transmitted to areas where power is produced and optimal price subsidy of renewable energy both increase with the carbon dioxide spillover effect parameter; when the carbon dioxide spillover effect parameter is fixed, there is an optimal Boltzmann distribution parameter to minimize the optimal price subsidy for renewable energy.
SONG Zhuo , WANG Honglei.
Study on the Optimization of Price Subsidy Mechanism for Renewable Energy Under Carbon Emission Quotas. Journal of Systems Science and Mathematical Sciences, 2021, 41(4): 1007-1023 https://doi.org/10.12341/jssms19524