Research On Value Evaluation Of Carbon Emission Rights Assets In Power Generation Enterprises

With the development of carbon market,carbon emission rights assets have become increasingly important new assets in the production and operation of power generation enterprises.In order to achieve the "double carbon" goal,the total amount of carbon emission permits in China’s carbon market will be further reduced,and carbon emission permits will become more scarce,making it more difficult for power generation enterprises to fulfill their obligations.In order to achieve low cost performance and reduce enterprise losses,power generation enterprises urgently need to evaluate the value of carbon emission rights assets,and based on this,formulate their carbon trading strategies and decide to carry out low-carbon transformation activities.However,the value assessment of carbon emission right assets is complicated and special,and it is difficult to evaluate.The existing research results are few,which cannot provide abundant theoretical support for enterprises to evaluate the value of carbon emission right assets.This paper studies the value assessment of carbon emission rights assets of power generation enterprises.The topic selection has important theoretical and practical significance for improving the construction of carbon market and promoting the development of low-carbon transformation of enterprises.This paper focuses on the evaluation of carbon emission rights assets of power generation enterprises.At first,the paper makes clear that the value assessment object of this paper is the carbon emission right assets in the secondary market,which are dominated by carbon quotas,and elaborates the theoretical basis and basis of the carbon emission right assets.Then combined with the development status of China’s carbon market,the paper analyzes the characteristics of carbon emission rights asset value assessment,such as complicated influencing factors,obvious marketization characteristics and nonlinear value fluctuations.Based on this,the paper designed a three-tier and three-tier index system of value influencing factors,built a Lasso-BP neural network model to evaluate the value of carbon emission rights assets of power generation enterprises,and took the carbon emission rights assets of H Company in Hubei pilot secondary market as an example for case verification.The research results show that the Lasso-BP neural network model has applicability in the field of carbon emission rights asset value assessment,and through case analysis,it can be seen that the current carbon emission rights trading mode based on the free allocation of carbon quotas makes the carbon emission rights asset value of power generation enterprises significantly lower than the market price.Finally,in order to improve the value of carbon emission right assets,this paper puts forward relevant suggestions from three aspects:improving comprehensive consideration of various value influencing factors,exploring the value evaluation method with high fitness,and giving play to the multi-agent linkage role of carbon asset management.This study provides a new way for power generation enterprises to evaluate the value of carbon emission right assets,improves the carbon emission right asset value evaluation system,provides a value judgment criteria for power generation enterprises to participate in the carbon market and carry out low-carbon transformation activities,and provides the value reference for our country to regulate the carbon emission rights pricing and formulate reasonable carbon emission right allocation policies,so as to help improve the national carbon market and promote the early realization of the national "double carbon" goal.