Trick or treat? Quasi-experimental evidence from electricity spot market policy in China

被引：1

作者：

Cao, Ming ^{[1
]}

Zhang, Fan ^{[1
]}

Li, Jianglong ^{[1
]}

机构：

[1] Xi An Jiao Tong Univ, Sch Econ & Finance, Xian, Peoples R China

来源：

JOURNAL OF ENVIRONMENTAL PLANNING AND MANAGEMENT | 2025年 / 68卷 / 12期

基金：

中国国家自然科学基金;

关键词：

policy evaluation; green economic performance; electricity spot market; China; DIRECTIONAL DISTANCE FUNCTION; CO2 EMISSION PERFORMANCE; EMPIRICAL-ANALYSIS; RENEWABLE ENERGY; POWER-PLANTS; SYSTEM; GENERATION; IMPACT; TRANSMISSION; TECHNOLOGY;

D O I：

10.1080/09640568.2024.2333430

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

The electricity system faces load-matching pressure due to imbalances during peak times or extreme weather, making it costly to phase out coal-fired electricity and reduce carbon emissions. The electricity spot market pilot (ESMP) policy provides reserve capacities for grids, but its effectiveness on green economic development is still unknown. Therefore, using panel data from 286 cities in China from 2006 to 2019, this study analyzes the impact of the ESMP policy on green economic performance. The results indicate a significantly positive effect of the ESMP policy on green economic performance. In addition, the policy could help to phase out 6.3% of coal-fired capacity, on average, reduce coal-fired equipment utilization hours by 0.9%, and increase renewable equipment utilization hours by 4% in pilot regions. These findings provide new insights into ESMP policy and green economic development.

引用

页码：2957 / 2981

页数：25

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