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Chinese Journal of Management Science ›› 2024, Vol. 32 ›› Issue (9): 292-302.doi: 10.16381/j.cnki.issn1003-207x.2021.1115

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Renewables Quota Allocation among Regional Power Industries under the Policy of Renewable Electricity Standard

Qingyuan Zhu1,Xifan Chen1,Jie Chen1,Jie Wu2()   

  1. 1.College of Economics and Management,Research Center for Soft Energy Science,Nanjing University of Aeronautics and Astronautics,Nanjing 211106,China
    2.School of Management,University of Science and Technology of China,Hefei 230026,China
  • Received:2021-06-04 Revised:2021-09-12 Online:2024-09-25 Published:2024-10-12
  • Contact: Jie Wu E-mail:jacky012@mail.ustc.edu.cn

Abstract:

Climate change and environmental pollution are major problems in energy and environment management around the world. To relieve these two problems for “double carbon” target, it is important to develop renewable energy. However, certain characteristics of renewable energy (e.g., uncertainty and high cost) have limited its further development. Renewable electricity standard (RES) has been widely adopted inmany countries to further develop the renewable energy. In this paper, a data-driven approach is provided to allocate a renewables quota among the regional power industries of China in order to achieve a goal for renewable energy consumption. Specifically, each regional power industry’s historical production data is used to build its own technology, which is used to show the changes of new productions with different renewables quotas. Then, based on each regional power industry’s production technology, a maximum total electricity generation model is proposed to allocate the renewables quota among regional power industries. With maximizing total electricity generation as the primary goal, the proposed model also is able to minimize the total carbon emission as a secondary goal approach. Through empirical research, the following management suggestions are provided for the development of renewable energy: (1) In order to solve the energy supply and demand contradiction between high production and low consumption, it is necessary to accelerate the development of trans-provincial and trans-regional renewable energy transmission technology and improve transmission capacity (2) In the economically developed eastern region, the way to fulfill the responsibility weight of renewable power should be inclined to other ways except production (such as purchasing green certificates, purchasing renewable power, etc.). (3) In coordination with the planning of renewable energy power quota system and emission reduction targets.

Key words: renewable energy, renewable electricity standard, renewables quota, production technology, resource allocation

CLC Number: