Table 1 Overview of ECRT development in pilot provinces and cities in China.
From: Agent based modeling of energy consuming rights trading for low carbon transformation in China
Province | Trading Platform | Transaction Type | Eligibility Criteria | Current Development Status |
|---|---|---|---|---|
Zhejiang | Zhejiang ECRT Platform | Incremental | > 0.6 tce/10,000 yuan | Cumulative trading volume: 3.94 million tce |
Henan | Henan Public Resource Trading Center | Incremental predominates | > 5,000 tce | Cumulative trading volume: 214,000 tce |
Sichuan | Sichuan Joint Environmental Exchange | Inventory | > 10,000 tce | Cumulative trading volume: 3,000 tce,; Simulated trading volume: 357,000 tce |
Fujian | Straits Equity Exchange Center | Inventory | > 5,000 tce | Cumulative trading volume: 2,209,100 tce |
Hubei | Hubei Public Resources Transaction Electronic Service System | Inventory | Not specified | Cumulative trading volume: More than 1.9 million tce |
Heilongjiang | Heilongjiang ECRT Platform | Inventory | Not specified | Simulated trading volume: 4,270 tce |
Jiangxi | Jiangxi Property Rights Exchange | Inventory | > 5,000 tce | Cumulative trading volume: 307,400 tce |
Anhui | Anhui Environmental Resources Exchange | Inventory | Not specified | Cumulative trading volume: 52,500 tce |
Qingdao | Qingdao Equity Exchange | Incremental, then stock | > 5,000 tce | Cumulative trading volume: 929,000 tce |
Binzhou | Binzhou Public Resource Trading Center | Not specified | Not specified | Cumulative trading volume: 438,000 tce |