Issue |
E3S Web Conf.
Volume 560, 2024
The 10th International Conference on Energy Materials and Environment Engineering (ICEMEE 2024)
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Article Number | 02021 | |
Number of page(s) | 5 | |
Section | Water Resources Management and Ecological Environment Control | |
DOI | https://doi.org/10.1051/e3sconf/202456002021 | |
Published online | 05 August 2024 |
A study of carbon cost pass-through rate differences in the power generation industry
1 State Grid Sichuan Economic Research Institute, Chengdu, Sichuan, China
2 Guiyang Power Supply Bureau, Guizhou Power Grid Co., Ltd., Guiyang, GuiZhou, China
* Corresponding author: 2437831572@qq.com
In the context of the operation of China’s carbon emissions trading market, carbon cost pass-through will profoundly impact the country’s power generation industry. However, the core of studying carbon cost pass-through in the power generation industry is determining the carbon cost pass-through rate (CCPTR). Based on this, this paper first takes the Cournot model as the basic principle, which analyzes the impact of different power generation enterprises’ numbers and the characteristics of electricity market demand on the carbon pass-through results. Secondly, based on the Cournot model, this paper further CCPTR under marginal cost variability. The research results show that when the demand function is linear, the larger the CCPTR, the larger the proportion of carbon cost pass-through. When the demand function is isoelastic, the smaller the CCPTR, the smaller the proportion of carbon cost pass-through.
© The Authors, published by EDP Sciences, 2024
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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