Knowledge Center
Options for Trading of Electricity Savings in Shanghai
The city of Shanghai is considering establishing a pilot scheme to implement trading of energy and grid capacity savings during peak periods. RAP senior advisor David Crossley provided city officials with an in-depth look into and comparison of various policy and market options, outlined the government’s role in implementing these mechanisms, and shared insight into the probability of the measures’ success. He encouraged the policymakers to investigate the feasibility of establishing an electricity savings obligation scheme, a capacity market, and the trading of quotas for peak grid capacity and peak energy.
