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Scholars Journal of Economics, Business and Management | Volume-10 | Issue-11
Comparison of Chinese Green Electricity Certificate and International Green Electricity Certificate
Zheng Yin
Published: Dec. 20, 2023 |
254
190
DOI: 10.36347/sjebm.2023.v10i11.004
Pages: 297-302
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Abstract
This paper sorts out the trading mechanisms of GECs (Green Electricity Certificate of China) and international Green Electricity Certificate, analyzes the characteristics of relatively mature international Green Electricity Certificate trading mechanism, and compares and analyzes GECs and international Green Electricity Certificate trading mechanism from four aspects: price, issuance scope, trading process and recognition degree. The existing problems of GECs trading mechanism are found, and suggestions are put forward to optimize the GECs trading mechanism from four aspects: increasing the demand for GECs, establishing a collaborative mechanism between GECs and CCER (Chinese Certified Emission Reduction) market, strengthening the traceability of GECs and promoting the international certification of GECs.