| Issue |
E3S Web Conf.
Volume 441, 2023
2023 International Conference on Clean Energy and Low Carbon Technologies (CELCT 2023)
|
|
|---|---|---|
| Article Number | 03018 | |
| Number of page(s) | 5 | |
| Section | Intelligent Ecological Management and Green Service | |
| DOI | https://doi.org/10.1051/e3sconf/202344103018 | |
| Published online | 07 November 2023 | |
Influence mechanism of renewable portfolio standard on energy producers
School of Business Administration, Northeastern University, Shenyang 110167, China
* Corresponding author: xub@mail.neu.edu.cn
Renewable energy Portfolio Standard (RPS) policy plays a significant role in reducing carbon dioxide emissions and promoting the development of renewable energy. Based on bounded rationality, this paper constructed an evolutionary game model to analyze energy power production decision-making, involving both fossil and renewable power producers as participants. Through the discussion of evolutionary game equilibrium, the study revealed the following findings: (1) marketised TGC price benefits the reduction of fossil energy power production: (2) Tire implementation of RPS policy does not necessarily lead to an increase in total renewable energy production; (3) Under RPS policy, the higher proportion of renewable energy quota is not always advantageous for reducing fossil energy power production.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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