"Green Trading System" has been carried out in some parts of China, although it is still in the pilot exploration period, but the future development prospect is very considerable. Specifically, the construction of Green Trading System in China will be a gradual and phased development process, and the key trading varieties will also be different at different stages. But generally speaking, the energy saving and emission reduction work, supported by the green trading system, has entered the group era.
The combination of a variety of energy-saving emission reduction trading mechanism, so as to coordinate and promote the low-carbon development of the power industry, involves technology, but also involves art. We"re just starting out on this quest.
In China, the electricity industry accounts for more than half of the total carbon dioxide emissions. Therefore, promoting the adjustment of energy structure, achieving energy saving and emission reduction and low carbon development, the participation of the power industry is very important. Under the background of comprehensively deepening reform, if we can bring market tools into power grid, we can enhance the management level and flexibility of power enterprises, reduce the cost of emission reduction.
Combing the domestic and foreign successful energy saving market mechanism, the main carbon emissions trading, power trading, power trading, green energy trading, emissions trading, renewable energy quota trading, energy trading, can be called the "green trade system". In this system, there are some trading mechanisms have been carried out in our country, some of them are in the pilot stage, some are still in discussion. In the future, how to effectively integrate these market means, and let them cooperate with each other, instead of restricting each other and restricting each other, is an urgent problem to be solved.
Two steps, progressive implementation.
Green trading system, trading system between the 22 are independent of each other, can be run independently, but they also are mutually related, its goal is to realize the clean energy utilization, the main market there is considerable overlap, they also influence the price. For example, for thermal power enterprises, carbon emissions, emissions and power generation is roughly proportional to the corresponding relations, their participation in the generation right transaction results must also meet the emission share share of carbon emissions constraints and constraints, so the price of carbon emissions and the price will affect the thermal power enterprise of generation right trading decisions in a certain extent.
Because of this, at the same time promoting a variety of trading mechanisms, we need to adhere to four principles. First, adhere to the direction of marketization. We need government departments to establish and improve policies and measures, strengthen supervision afterwards, create a fair and transparent market environment, and stimulate the vitality of participants. Second, adhere to the overall coordination and how to interact effectively with multiple interrelated systems. We need to further explore the goal of volume determination, the coverage of the main body, the quota allocation method, the docking of transaction system and the recognition of transaction varieties. Third, we must stick to the key points. There may be conflicts and contradictions between the various trading mechanisms. We need to combine the market development needs, market maturity and expected effects, and arrange priorities in different stages of the implementation process. Fourth, we must continue to push forward smoothly. At present, the power system reform is rapidly advancing. The green transaction system construction should consider the connection with the electricity market process, and determine the reasonable total control goal to ensure the stable power supply.
Specifically, the construction of Green Trading System in China will be a gradual and phased development process. The key trading varieties at different stages will also be different, which can be divided into two stages.
In the first stage, according to the electricity market reform and the progress of the national carbon market, we focus on promoting the generation rights trading, inter provincial clean energy trading and carbon emissions trading. Generation rights trade and inter provincial trade the development of clean energy, we can further improve the power market, one is to promote a wide range of renewable energy consumption, the two is to promote high efficiency and low emission power generation unit. Carbon emissions trading, the national unified carbon market is currently in the process of preparation, it is expected to be launched in the second half of this year. At this stage, we can synchronously carry out the certification and transaction of renewable energy quota transactions, improve the pilot of emissions trading and energy trading, and accumulate experience for the second stage of development.
In the second stage, we should gradually enrich the trading varieties, promote renewable energy quota trading and energy trading and so on. By 2020, we will establish an overall and coordinated green power trading system. To make the whole system work together to promote energy saving and emission reduction, we need to establish a variety of mutual recognition and swaps mechanism to promote the integration and development of trading platforms. In this process, even more complex derivative financial services may emerge.
Explore the power trading platform as a whole
At present, in addition to generation rights trading and inter provincial clean energy trading through power trading platform, carbon emission trading, emissions trading and energy saving trading have their own management system and trading platform. With the continuous development of technology, these trading platforms will face competition and integration. It is a future trend to carry out a variety of transactions on the same platform.
Among them, the power industry involves many kinds of transactions, and is closely related to the power transaction. So the feasibility of developing other transactions directly relying on the power trading platform is worth exploring. For example, for the carbon market, developing carbon emissions trading on mature power trading platform has advantages such as widening the trading channels, promoting the coordination between the two transactions, and saving costs. From the perspective of international experience, European electric power exchange, European energy exchange, French electric power exchange and Italy electric power exchange have launched some attempts to conduct carbon emissions trading on power trading platform. In February 3rd, jointly issued the national development and Reform Commission, Ministry of finance, the National Energy Bureau on the implementation of "green power and renewable energy certificate issued by the voluntary subscription transaction system notice" proposed, voluntary trading of renewable energy power generation companies can green electricity certificates in the subscription platform. Because the electric power trading platform brings together the rich generation side and user side information, the future can be explored through the organization of renewable energy quota trading platform, is conducive to the promotion of green power supply certificate information communication, to create favorable conditions for green power mechanism to promote the user side.
It"s important to note that doing a variety of transactions on a trading platform is not simply "a set of hardware + multiple software". Putting all kinds of trading mechanisms together, we hope that they can fully integrate with each other, and we need to coordinate in terms of market scope, market space and price mechanism, which requires us to give targeted exploration and research in technology. Specifically, involving technology, management and distribution of quota technology, MRV (collaborative total target monitoring, reporting, verification) technology, docking technology, trading system trading varieties recognition and conversion technology, transaction settlement technology, market regulation technology and market supervision mechanism of eight types of main technology, in the next few years to overcome one.