Research On Incentive Mechanism Of Energy-saving And Emission-reduction In Power Company

Now,we are in the strategic transition period when we need to carry out an idea of Scientific Development and construct environmental friendly and resource-saving society.With the adjustment of industrial structure of China's power and developing of new and clean energy,the power enterprises are facing a new production and operation environment.How the companies to adjust the development strategy on the basis of the changes of the market,change the operating mechanism,make the best plan about energy-saving and emission reduction,implement the strategy of energy-saving and emission reduction have become the key for the industrial companies.The aim of China's companies often concentrates on reducing the cost,increasing production or get the biggest profits.They usually adopt extensive and traditional developing model which causes resource waste and environmental pollution badly.It is urgent for the companies to draft a proper energy-saving and emission reduction program to deal with the inappropriate actions.They need to improve the current incentives,strengthen the companies' governance structure,create a new way of transformation and development.Incentives is the basic mechanism for the companies among the actions.What is highly related with the Incentives are completing governance structure and increasing the performance of the companies.Power-making company is one of the companies that need more energy and emission.Comparing with other companies,it is more urgent for them to improve the way of energy-saving and emission reduction.As for the high cost for the power companies to purchase the equipment and lack advantage of price in the market,it is lack of power for the electric companies to carry the work out.It cannot be solved if it only depends on the market mechanism.It needs the companies to work out the plan which is more useful for energy-saving and emission reduction.In that way,they can eliminate the negative influence and inspire the power-making companies to join in the work vigorously.In order to research on how to inspire the workers to finish the work,we assume that the power-making companies introduce the effect of economic and emission reduction.Under the background of asymmetry for the environmental information,the enterprises need to achieve the goal of controlling moral risk effectively and chase the max profit.When the agents are engaging in multi-task,they add the aim of energy-saving and emission reduction to change the model that the traditional companies chase the max profits merely.Therefore,they establish a model of Multi-task Principal-agent model.Under the background of multi-objective,According to the way of solving the multi-objective plan,we research on the relationship of the two aims,and how the economic benefits influence the environmental cost,environmental benefits influence the economic benefits and energy-saving and emissions reduction influence the incentive contract when the relationship are different.The article try to get the perfect incentive contract on energy-saving and emissions reduction of power company under the background of multi-objective.We expect the article provides theories of energy-saving and emissions reduction system for power company.