M新型电力系统为关键支撑的新型能源体系NEW ENERGY SYSTEM WITH NEW TYPE OF POWER SYSTEM AS CRITICAL SUPPORTTheoretical modeling and empirical analysis on the correlationamong electricity price,carbon price and fossil fuel price:a cointegration analysis approachProf Fushuan Wen,IEEE FellowSchool of Electrical Engineering/Hainan Institute,Zhejiang University,ChinaEditor-in-Chief,Energy Conversion and Economics(SPERI,IET,Wiley)Deputy Editor-in-Chief,Automation of Electric Power SystemsEmail:wenfs@hotmail.comAcknowledgementMs Yucui Wang,Ph.D.student in Zhejiang University,China,provided greatassistance in preparing this PPT document.2Prof.Fushuan Wen -BiographyFushuan Wen has been a full professor in Zhejiang University.China since 1997,and is avisiting principal research scientist in Shenhen Institute of Artificial Intelligence and Roboticsand an Otto Monsted Foundation Guest Professor in Technical University of Denmark in 2015,aprofessor in energy systems in Tallim University of Techmology,Estonia from 2019 to 2022.He has also been undertaking various teaching,research and visiting appointments in NationalIndustrial Research Organization(CSIRO)in Australia.He is listed in "Most Cited Chinese Researchers"in 9 consecutive years from 2015 to 2023by Elsevier.He serves as the editor-in-chief of Energy Comersion and Economics(IET.Wiley).the deputy Editor-in-Chief of Automation of Electric Power Systems.and the editor.subjecteditor and associate editor of several international journals.He was elected to IEEE Fellow for contributions to fault diagnosis in power grids.洲江大学电气工程学院3Contents1Introduction2Research status3Methodology4Empirical Research5Conclusions and policy implications4