Analysis of Electricity Market Deregulation Effect on Chinese Economic Development Towards Carbon Neutrality: A Socioeconomic Perspective

2023 IEEE International Conference on Power Science and Technology (ICPST) Pub Date : 2023-05-05 DOI:10.1109/ICPST56889.2023.10165564

Yajuan Cao, Fang Wang, Tao Chen

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Abstract

In this paper, we study the electricity price, as the most important production factor, for its external effort on societal economic development with qualitative analysis of its role in the expansion and re-allocation of overall social welfare. By analysis of the agency mode in the electricity retail market and its associated policy evolution, especially under the Chinese developmental goal of carbon neutrality, it is concluded that the mature electricity market development plays a significant role in helping shaping various societal sectors in Chinese economic ecosystem, including residential consumption, transportation, commercial shopping and many others from a socioeconomic perspective. Additionally, in the achieving process of carbon peaking and carbon neutrality by year 2030 and year 2060, the re-allocation of accumulated social welfare collected from renewable energy industry and carbon emission reduction to ordinary people should be emphasized through the carefully designed mechanism, such as generalised system of preferences (GSP) dedicated to public carbon footprint and energy consumption.

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电力市场管制对中国经济向碳中和发展的影响分析:一个社会经济视角

本文研究了电价作为最重要的生产要素对社会经济发展的外部作用，定性分析了电价在社会整体福利的扩大和再分配中的作用。通过对电力零售市场的代理模式及其相关政策演变的分析，特别是在中国碳中和发展目标下，从社会经济角度来看，成熟的电力市场发展对中国经济生态系统中包括居民消费、交通运输、商业购物等多个社会部门的塑造具有重要作用。此外，在2030年和2060年实现碳峰值和碳中和的过程中，应通过精心设计的机制，如针对公共碳足迹和能源消耗的普遍优惠制度(GSP)，强调将可再生能源产业和碳减排所积累的社会福利重新分配给普通人。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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2023 IEEE International Conference on Power Science and Technology (ICPST)

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