Mechanisms and motivations: Green electricity trading in China's high-energy-consuming industries

IF 16.3 1区 工程技术 Q1 ENERGY & FUELS Renewable and Sustainable Energy Reviews Pub Date : 2025-03-01 Epub Date: 2024-12-20 DOI:10.1016/j.rser.2024.115212
Jia-Jie Kong, Tian-Tian Feng, Ming-Li Cui, Li-Li Liu
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Abstract

Green electricity trading is an effective means to promote the energy transition and sustainable development. The promotion of green electricity trading can strengthen the rigid requirements for specific industries, especially high-energy-consuming industries. Most previous studies have considered only the influence of individual characteristic factors on green electricity purchase intentions and have not investigated the influence of external green electricity trading mechanisms. To address these limitations, this study takes enterprises in high energy-consuming industries as the research objects and uses the choice experiment method to conduct a questionnaire survey. Using data from 200 enterprises in China's high energy-consuming industries, logit models are applied to examine the impact of changes in the design of the enterprise green electricity trading mechanism on the participation willingness of enterprises in high energy-consuming industries to purchase green power. The results show that the green electricity trading attributes that affect the participation willingness in descending order are as follows: transaction object > participating market > penalty mechanism > supplementary mechanism. In addition, an increase in the annual energy consumption of enterprises has a negative effect on their participation willingness. Finally, policy suggestions such as green electricity trading mechanism refinement and demand forecasting are proposed to improve China's green power trading market and provide a reference for the construction of green power trading in other countries.

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机制与动因:中国高耗能行业绿色电力交易
绿色电力交易是促进能源转型和可持续发展的有效手段。推进绿色电力交易可以加强对特定行业,特别是高耗能行业的刚性要求。以往的研究大多只考虑个体特征因素对绿色电力购买意愿的影响,而没有考察外部绿色电力交易机制的影响。针对这些局限性,本研究以高耗能行业企业为研究对象,采用选择实验法进行问卷调查。利用中国200家高耗能行业企业的数据,运用logit模型考察了企业绿色电力交易机制设计变化对高耗能行业企业购买绿色电力参与意愿的影响。结果表明:影响绿色电力交易参与意愿的属性由大到小依次为:交易对象>;参与市场>;处罚机制>;补充机制。此外,企业年能耗的增加对企业参与意愿有负向影响。最后,提出完善绿色电力交易机制、需求预测等政策建议,完善中国绿色电力交易市场,为其他国家绿色电力交易建设提供参考。
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来源期刊
Renewable and Sustainable Energy Reviews
Renewable and Sustainable Energy Reviews 工程技术-能源与燃料
CiteScore
31.20
自引率
5.70%
发文量
1055
审稿时长
62 days
期刊介绍: The mission of Renewable and Sustainable Energy Reviews is to disseminate the most compelling and pertinent critical insights in renewable and sustainable energy, fostering collaboration among the research community, private sector, and policy and decision makers. The journal aims to exchange challenges, solutions, innovative concepts, and technologies, contributing to sustainable development, the transition to a low-carbon future, and the attainment of emissions targets outlined by the United Nations Framework Convention on Climate Change. Renewable and Sustainable Energy Reviews publishes a diverse range of content, including review papers, original research, case studies, and analyses of new technologies, all featuring a substantial review component such as critique, comparison, or analysis. Introducing a distinctive paper type, Expert Insights, the journal presents commissioned mini-reviews authored by field leaders, addressing topics of significant interest. Case studies undergo consideration only if they showcase the work's applicability to other regions or contribute valuable insights to the broader field of renewable and sustainable energy. Notably, a bibliographic or literature review lacking critical analysis is deemed unsuitable for publication.
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