Low-Carbon Cooperative Operation of Integrated Energy Systems Considering Joint Green Certificate and Carbon Emission Trading

Qiying Xu, Shiheng Ding, Yongsheng Zhu (), Yanhong Meng, Junlin Yang and Yang Liu
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Qiying Xu: School of Automation and Electrical Engineering, Zhongyuan University of Technology, Zhengzhou 450007, China
Shiheng Ding: School of Automation and Electrical Engineering, Zhongyuan University of Technology, Zhengzhou 450007, China
Yongsheng Zhu: School of Automation and Electrical Engineering, Zhongyuan University of Technology, Zhengzhou 450007, China
Yanhong Meng: School of Automation and Electrical Engineering, Zhongyuan University of Technology, Zhengzhou 450007, China
Junlin Yang: School of Mechatronic Engineering and Automation, Shanghai University, Shanghai 200072, China
Yang Liu: School of Automation and Electrical Engineering, Zhongyuan University of Technology, Zhengzhou 450007, China

Energies, 2025, vol. 18, issue 20, 1-21

Abstract: Carbon emission trading and green certificate trading mechanisms constitute the cornerstone of low-carbon transitions in integrated energy systems (IESs). However, independent operation of these mechanisms creates coordination barriers that limit their synergistic emission reduction and economic potential. To address this problem, this paper propose a novel low-carbon cooperative operation model based on a green certificate and carbon emission trading mechanism. First, to maximize the environmental value benefits of the system, a dual-market linkage mechanism is constructed, which is mediated by the carbon reduction attributes of green certificates. Second, a multi-operator cooperative alliance is established based on cooperative game theory, and the Shapley value method is employed to rationally allocate cooperative surplus, thereby enhancing the multi-energy complementarity of the IES. Case analysis indicates that under this strategy, the system’s carbon emissions intensity decreased by 30%, while the alliance’s overall operating revenue increased by 22.6%, achieving low-carbon economic operation of IES.

Keywords: green certificate trading; carbon emission trading; cooperative game theory; integrated energy system; Shapley value method (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2025
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