In this paper, a collaborative power dispatching system (CPDS) was developed to maximize the profit of a regional biomass power system consisting of an independent power grid. A power generating, dispatching and carbon emissions trading system (CETS) could be engaged in joint strategic planning and operational execution. The principal of CPDS is interactive planning of generating units in power generation and carbon emissions trading. An efficient carbon emissions trading plan for a CPDS would lead to optimized power generation levels under available power production capacities and carbon emissions. In a case study, four generator policies are proposed by considering basic CETSs to comparatively analyze the function of each generator in the CPDS. Results of four scenarios are compared, showing that biomass energy could replace thermal units to a certain extent, the carbon emissions and coal consumption of the CPDS would lie at a lower level, and a pumped storage unit could adjust the load fluctuations. The results of a carbon trading analysis show that the CETS has no significant impact on the CPDS, but along with the increase in trading price or the decrease in the free quota, the economic interests of power plants will be reduced accordingly. This may lead to carrying out low-carbon projects and reducing carbon emissions. Therefore, it is imperative to reduce carbon emissions by replacing power units with high energy consumption, and improve the consumption capacity of renewable energy.

As new-energy electricity increasingly enters the post-subsidy era, traditional fixed feed-in tariffs and guaranteed purchase policies are not conducive to the optimal allocation of large-scale, high-proportion new-energy power due to the high pressure of subsidy funds and the fairness issues of power-generation grid connection. Encouraging new energy to participate in electricity market transactions is considered an effective solution. However, existing studies have presupposed the adverse effects of new energy in proposing market mechanism optimization designs for new-energy participation without quantitative results to support this, which is not conducive to a true assessment of the comprehensive impact of individual instances of new-energy participation in the market. To this end, this study, based on the actual experience and data cases of China’s electricity spot market pilot provinces, considers both unit commitment and economic dispatch in the electricity distribution process, and constructs a two-stage optimization model for electricity spot market clearing. According to the differences in grid connection time and the construction costs of new-energy power, differentiated proportions of new-energy participation in the market and bidding strategies are set. By analyzing the quantitative results of new energy participating in spot market transactions under multiple scenarios, using both typical daily data for normal loads and peak loads, the study provides theoretical support and a data basis for the optimized design of market mechanisms. The research results show that there is a non-linear relationship between the scale of new energy entering the market and its bidding strategies and market-clearing electricity prices. In the transition phase of the low-carbon transformation of the power sector, the impacts of thermal power technology with a certain generation capacity and changes in the relationship between power supply and demand on electricity prices are significant. From the perspective of the individual interests of new-energy providers, the analysis of their bidding strategies in the market is important.

To achieve the carbon reduction target, the Chinese government not only requires a quota allocation scheme in line with the current development situation, but also needs to minimize the economic expenditure in the emission reduction work. Therefore, this study integrates the multi-index method and zero-sum gains–data envelopment analysis model to obtain a fair and efficient multi-criteria quota allocation scheme. To ensure the effectiveness of the scheme, the fairness and cost effect of the scheme are quantitatively tested. In addition, regional cooperation factors are introduced into the research framework to providing feasible practical measures. The results show that: (1) After optimization, the eastern region has the largest quota increment, accounting for 45% of the country’s quota. (2) The multi-criteria quota allocation scheme after secondary allocation is a more ideal scheme. The quota scheme not only meets the requirements of fairness and efficiency, but also has lower abatement costs. (3) Regional cooperation should be encouraged by China, especially the eastern region, which can alleviate the reducing emission pressure through cooperation. Although the western region needs to undertake additional emission reduction tasks, it can improve the utilization rate of local renewable resources and be conducive to long-term economic development. These results will provide a reference for China to achieve its carbon reduction targets.