ȫ���-̼�Ј�(ch��ng)�о���(b��o)��(Ӣ�İ�) RESEARCH REPORT ON GLOBAL ELECTRICITY-CARBO ������ɫ

The Global Energy Interconnection Development and Cooperation Organization (GEIDCO) has conducted in-depth research and analysis on the global electricity market and carbon market, and firstly proposed a concept of Global Electricity- Carbon Market applying the strategy of coordinated climate-energy governance. The meaning of the concept is to promote a deep integration and coordinated development of electricity market and carbon market, planning global clean energy transition and carbon emission reduction simultaneously through market mechanism. Based on this, Clean Replacement and Electricity Replacement can be specified into implementable and verifiable tasks. Therefore, dynamic changes in Electricity-Carbon price will ensure clean energy power generation has a competitive advantage over fossil energy power generation. Moreover, cross-border and inter-continental Electricity- Carbon trading will promote large-scale exploitation, wide-range allocation and high penetration of clean energy worldwide. The Global Electricity-Carbon Market can integrate mechanisms and participants of both energy and carbon markets to achieve efficient coordination of goals, paths and resources. It also provides scientific plans and paths for emission reduction, increases market efficiency, effectively stimulates the entire society to reduce emissions, and builds a platform for international winwin cooperation. The market will be a replicable, verifiable and statistical systematic solution to climate change and sustainable energy development.