Keywords
Neural ODE model; CGE model; high-energy-consuming industries; carbon trading; carbon emissions
Abstract
High-energy-consuming industries represent the primary source of carbon emissions in China, which makes the reduction of their carbon emissions a critical priority for the country's carbon emission reduction efforts. However, due to the lack of robust carbon emission constraint mechanisms targeting these industries, their motivation for emission reduction remains significantly insufficient. To address this issue, this paper proposes a simulation method that integrates neural ordinary differential equations (Neural ODE) with a computable general equilibrium (CGE) model. Using input-output data from 2022 at the national and provincial levels, this method constructs a baseline scenario and three emission reduction scenarios to assess the impact of high-energy-consuming industries participating in carbon trading on provincial carbon emissions and carbon market. The results indicate that, compared to the absence of additional policies, the inclusion of high-energy-consuming industries in carbon market trading effectively reduces energy consumption and total carbon emissions, increases total carbon market trading volume and prices, and facilitates the province ’s achievement of carbon peaking by 2028.
DOI
10.19781/j.issn.1673-9140.2026.01.022
First Page
233
Last Page
242
Recommended Citation
HUO, Chengjun; CHENG, Xueting; LIU, Jinkui; ZOU, Peng; WAN, Jun; and WU, Jia
(2026)
"Evaluation of impact of high-energy-consuming industries on carbon emissions and carbon market based on Neural ODE-CGE model,"
Journal of Electric Power Science and Technology: Vol. 41:
Iss.
1, Article 22.
DOI: 10.19781/j.issn.1673-9140.2026.01.022
Available at:
https://jepst.researchcommons.org/journal/vol41/iss1/22
