气候变化领域集成服务门户(CCPortal): The feasibility and policy engagements in achieving net zero emission in China's power sector by 2050: A LEAP-REP model analysis

CCPortal

DOI	10.1016/j.enconman.2024.118230
	The feasibility and policy engagements in achieving net zero emission in China's power sector by 2050: A LEAP-REP model analysis
	Ren, Zhongrui; Zhang, Sufang; Liu, Huijuan; Huang, Ren; Wang, Huaqing; Pu, Lei
发表日期	2024
ISSN	0196-8904
EISSN	1879-2227
起始页码	304
卷号	304
英文摘要	The low -carbon transition in China's power sector plays a crucial role in the mitigation of climate change worldwide, and increasing renewable energy penetration rate is widely recognized as the key approach to decarbonize this sector. This paper proposes a renewable energy penetration model to examine the feasibility for net zero emission by 2050 in China's power sector taking into account of economic and social development. It also evaluates the impacts of carbon pricing and financial incentives on renewable energy penetration and carbon emissions. The results indicate that along with economic development, China's electricity demand will continue to grow, but at a gradually slowing rate. It is possible for the power sector to achieve net zero emission by 2050 while meeting this growing electricity demand, with a renewable energy penetration rate of 75%. To ensure the achievement of the goal, we recommend setting the carbon price with the current market price as the baseline and increasing it annually by a relative increment index of 10%. Furthermore, given the high initial cost and late start of offshore wind power, we suggest incorporating associated grid connection cost into the transmission and distribution price to ensure the comprehensive and healthy development of renewable energy.
英文关键词	Net zero emission; Power sector; Renewable energy penetration; Carbon price; Financial incentives
语种	英语
WOS研究方向	Thermodynamics ; Energy & Fuels ; Mechanics
WOS类目	Thermodynamics ; Energy & Fuels ; Mechanics
WOS记录号	WOS:001195409800001
来源期刊	ENERGY CONVERSION AND MANAGEMENT
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/287847
作者单位	North China Electric Power University; Yanan University; Yanan University; Tufts University
推荐引用方式 GB/T 7714	Ren, Zhongrui,Zhang, Sufang,Liu, Huijuan,et al. The feasibility and policy engagements in achieving net zero emission in China's power sector by 2050: A LEAP-REP model analysis[J],2024,304.
APA	Ren, Zhongrui,Zhang, Sufang,Liu, Huijuan,Huang, Ren,Wang, Huaqing,&Pu, Lei.(2024).The feasibility and policy engagements in achieving net zero emission in China's power sector by 2050: A LEAP-REP model analysis.ENERGY CONVERSION AND MANAGEMENT,304.
MLA	Ren, Zhongrui,et al."The feasibility and policy engagements in achieving net zero emission in China's power sector by 2050: A LEAP-REP model analysis".ENERGY CONVERSION AND MANAGEMENT 304(2024).