The Impact of Initial Allocation of Carbon Emission Rights on Power Generation Replacement Analysis Model

Rational scheme of initial allocation of carbon emission rights is the key to the smooth running of carbon trading market. Based on the traditional carbon emission rights allocation mode, this paper combining China’s actual development of power industry and characteristics of the distribution of generation resources, put forward the impact of initial allocation of carbon emission rights on power generation replacement analysis model. By studying the impact of initial allocation of carbon emission rights on power generation rights trade, and comparing the different results of power generation rights trade, respectively, based on installed capacity allocation and power generation allocation, it is found that the mode that based on power generation allocation can better promote the power generation rights trade.