ABSTRACT

The goal of “carbon peaking and carbon neutral” will promote the green transformation of energy in all aspects of the source, network, load, and storage, and new energy will become the main power source. This paper first summarizes the experience of foreign new energy market mechanism design to provide experience for domestic low-carbon energy transformation, then analyzes the main changes of new electricity market under the goal of “double carbon” from the aspects of market subjects, market mode, and trading mode, and analyzes the key mechanisms of new electricity market with the characteristics of the new electricity system. Finally, the key mechanisms of the new electricity market are discussed in light of the characteristics of the new power system. It is pointed out that the new electricity market needs to guide the priority consumption of new energy through market price signals, adjust the generation capacity guarantee mechanism in the light of the development of China's electricity market, and use market competition to pull the demand-side resource regulation potential, aiming to provide support and reference for the construction of the new domestic electricity market mechanism.