Research Article

The Optimization Model for Interregional Power System Planning considering Carbon Emissions Trading and Renewable Energy Quota Mechanism

Table 2

Main carbon markets in China.

Market nameStarting timeSubjects of carbon tradeRequirements of carbon trade Procedure of carbon trade

Beijing Environmental Exchange2008.8.5Individuals and enterprisesPanda standard “carbon source—carbon sink”Certification—registration—trade
Shanghai Environment and Energy Exchange2008.8.5Individuals and enterprises“Green Expo” voluntary emission reduction trading mechanism and trading platformPaying for carbon emission through platform to achieve voluntary emission reduction
Tianjin Climate Exchange2008.9.25EnterprisesVoluntary participation and compulsive emission reductionVoluntary rule design, voluntary target making, and voluntary participation