Natural gas plays an important role in the future development of electricity markets as it is the least emission intensive fossil generation option while additionally providing the needed flexibility in plant operation to deal with intermitted renewable generation. As both the electricity and...

During the 12th Five-Year Plan (FYP) period of China (2011-2015), Chinese government set the carbon intensity emission reduction target for the first time. This target is allocated to all the provinces in China without a trading mechanism. In our study, we aim to evaluate the impact among...