The impact of energy supply side on the diffusion of low-carbon transformation on energy demand side under low-carbon policies in China

Qing Lu, Huaxin Fang and Jianchao Hou

Energy, 2024, vol. 307, issue C

Abstract: In order to promote the synergistic green and low-carbon development of energy supply-demand sides, this paper uses the complex network evolutionary game to explore the impact of supply side decision-making on the diffusion of low-carbon transformation on demand-side under low-carbon policies. The result shows that: (1) It is feasible for the government to use carbon trading as a policy tool to promote synergistic low-carbon transformation on supply-demand sides, but it is constrained by the carbon price trend. (2) Relying only on the direct supply of clean energy from the energy supply to demand side is not enough to promote synergistic development, and the government needs to guide the both sides to cooperate in the construction of renewable energy power plants. (3) When carbon price is on an upward trend, the government needs to push forward the low-carbon transformation process on supply side, and form the low-carbon transformation of demand side driven by supply side. (4) When carbon price is on a downward trend, the government needs to guide the supply side to bear part of the transformation cost pressure on the demand side, and at the same time give more transformation subsidies.

Keywords: Energy supply-demand sides; Low-carbon transformation; Carbon trading; Complex network evolutionary game (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:307:y:2024:i:c:s036054422402591x

DOI: 10.1016/j.energy.2024.132817

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