以新型电力系统为关键支撑的新型能源体系2024年8月17-18日中国·南京17°-18°Augus,2024Naning·ChinaMEWENERGYSYSTEMWTHMEWTYPEOFPOWEASYSTEMASCRITICALSUPPORTTheoreticalmodelingandempiricalanalysisonthecorrelationamongelectricityprice,carbonpriceandfossilfuelprice:acointegrationanalysisapproachProfFushuanWen,IEEEFellowSchoolofElectricalEngineering/HainanInstitute,ZhejiangUniversity,ChinaEditor-in-Chief,EnergyConversionandEconomics(SPERI,IET,Wiley)DeputyEditor-in-Chief,AutomationofElectricPowerSystemsEmail:wenfs@hotmail.com消江大学电气工程学院2ucwrAIMsYucuiWang,Ph.D.studentinZhejiangUniversity,China,providedgreatassistanceinpreparingthisPPTdocument.Acknowledgement中国工程院工程科技学术研讨会暨第九届紫金论电学术研讨会2024EngiseeringTechnslegyFonumotCAEAthe“PurpleMountalnFerumFushuanWenhasbeenafullprofessorinZhejiangUniversity,Chinasince1997,andisavisitingprincipalresearchscientistinShenzhenInstituteofArtificialIntelligenceandRoboticsforSociety,China.HehadbeenauniversitydistinguishedprofessorinSouthChinaUniversityofTechmologyfrom2005to2009,aprofessorinUniversitiTeknologiBrumeifrom2014to2017,andanOttoMonstedFoundationGuestProfessorinTechmicalUniversiyofDenmarkin2015,aprofessorinenergysystemsinTallinnUniversityofTechmology,Estoniafrom2019to2022.Hehasalsobeenundertakingvariousteaching,researchandvisitingappointmentsinNationalUniversityofSingapore,HongKongPolytechmicUniversiy,UniversityofHongKong,UniversityofNewSouthWales,QueenslandUniversityofTechmology,NanyangTechmologicalUniversity,MurdochUniversity,HangzhouDianziUniversity,andCommomwealthScientificandIndustrialResearchOrganization(CSIRO)inAustralia.Heislistedin"MostCitedChineseResearchers"in9consecutiveyearsfrom2015to2023byElsevier.Heseivesastheeditor-in-chiefofEnergyComversionandEconomics(IET,Wiley),thedeputyEditor-in-ChiefofAutomationofElectricPowerSystems,andtheeditor,subjecteditorandassociateeditorofseveralinternationaljournalsHewaselectedtoIEEEFellowforcontributionstofaultdiagnosisinpowergridsIntroductionResearchstatusMethodologyEmpiricalResearchConclusionsandpolicyimplications洲江大学电气工程学院4江大学电气工程学院Prof.FushuanWen——Biography45Contents231.BriefIntroduction洲江大学电气工程学院5AdirectmechanismforcontrollingemissionsbysettingatotalemissioncapandallocatingspecificquotastoemittersFossilfuelMarketAnindirectmechanismforcontrollingcarbonemissionsbyassigningenvironmentalprotectionvaluestovariouspowergenerationsources.江大学电气工程学院其A.rAnalyzingthecorrelationsamongtheelectricitymarket,carbonmarket,andfossilfuelmarketcanbeapproachedbyexaminingtherelationshipsamongelectricityprice,carbonpriceandfossilfuelprice.Theelectricity,carbon,andfossilfuelmarketsexhibitstrongalignmentintheireffortstoaddresscarbonemissions.CarbonMarketCommonMarketEntitiesParticipatinginmultiplemarketssimultaneouslyAnindirectmechanismforcontrollingcarbonemissionsbyregulatingthesupply,demand,andpricesofvariouskindsoffossilfuels.1.1.ResearchBackgroundecmAElectricityMarket6江大芽电气工程学院7CA1Maincontributionsofthisstudy:1)Acomprehensivegenerationcostindexisestablished,reflectingthecostsofelectricityproduction,transmission,andcarbonemissionswithinaspecificelectricitymarketregion,therebyprovidingtheoreticalevidenceforthepricecorrelations.2)ByselectingmarketsinChinaandEuropeforanalysis,empiricalmodelsareestablishedtoexaminebothlong-termequilibr...