Home

About CEMF

Projects

Publications

Models & Databases

Latest

中文|English
Home > Projects > CEMF02 > Activities
Review of International Symposium on Low-Emission Development Strategy Modeling Technology (2): Application of Modeling Method in Carbon Trading
Jan 23, 2018

CEMF January 23, 2018

China launched the world's largest carbon market on December 19, 2017, and carbon trading has played a very important role in policy development. The guests affirmed the significance of the model to the promotion of the power industry in the carbon market, and aimed at the China Energy Modeling Forum’s expectations and suggestions for helping the power industry achieve this goal. The targeted design of the market, as well as China's launch of the carbon market are faced with in-depth discussions on the mutual comparison and evaluation experience and next-step considerations between the Chinese, American and European carbon markets.

1. Sunhee SUK (Global Environmental Strategy Institute)
 
"Estimation of internal carbon price of Korean enterprises under the carbon trading mechanism"
 
Based on the microscopic level of carbon price research, the carbon pricing level is calculated through the modeling and analysis of carbon pricing within Korean companies. From latitude, practice, research output, conclusion and follow-up research, carbon pricing is discussed step by step. The study found that the company's carbon emission performance in terms of carbon management is directly related to the level of carbon pricing, which is mainly reflected in the advanced stage of carbon management, that is, high pricing and high impact. The most influential stakeholders in internal carbon pricing are top management and the government.
 
2. Zhu Lei (Associate Professor, School of Economics and Management, Beihang University)
 
Performance Evaluation of Carbon Trading Mechanisms from a Micro Perspective
 
Through the micro-level model analysis and comparison of the impact of different competitive structures of power companies on carbon prices , Professor Zhu used simulation models to find possible characteristics of real carbon trading. Variables such as price recipients, regional differences, carbon emission intensity, emission reduction targets, and existing quota distribution methods are added to the model to analyze the impact on power companies. When considering the market buying and selling ability of the five major power generation groups, the transaction price will decrease instead.
 
3. Gu Alun (Associate Professor, Institute of Energy and Environment, Tsinghua University)
 
"The Impact of Carbon Trading on Industrial Low-Carbon Transformation"
 
Modeling and analysis of the impact of carbon trading on the industry after the Paris Agreement, focusing on the two aspects of industrial competitiveness and carbon leakage, assessing the impact of carbon trading on different industries, and calculating the amount of investment required for low-carbon transformation Make predictions. Competition among sub-industries has a greater impact on carbon trading, such as the electrolytic aluminum and paper industries. In addition, the carbon leakage rate is not high and has been decreasing year by year, but there are still large differences among industries.