Modelling and discussion on emission reduction transformation path of China's electric power industry under 'double carbon' goal

China has promised to peak carbon emission before 2030 and to achieve carbon neutrality before 2060 (i.e., “double carbon” goal). Under this background, the emission reduction transformation path of China's electric power industry is studied in this paper. First, several boundary conditions (i....

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Main Authors: Shengyuan Liu, Zhenzhi Lin, Yicheng Jiang, Tianhan Zhang, Li Yang, Weitao Tan, Feng Lu
Format: Article
Language:English
Published: Elsevier 2022-09-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844022017856
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author Shengyuan Liu
Zhenzhi Lin
Yicheng Jiang
Tianhan Zhang
Li Yang
Weitao Tan
Feng Lu
author_facet Shengyuan Liu
Zhenzhi Lin
Yicheng Jiang
Tianhan Zhang
Li Yang
Weitao Tan
Feng Lu
author_sort Shengyuan Liu
collection DOAJ
description China has promised to peak carbon emission before 2030 and to achieve carbon neutrality before 2060 (i.e., “double carbon” goal). Under this background, the emission reduction transformation path of China's electric power industry is studied in this paper. First, several boundary conditions (i.e., assumptions) of electric power structure transformation (i.e., the costs of power generations, the costs of energy storage systems, the developments of carbon sinks, the emission factors, and the quotas of carbon sinks) are given considering the whole society electricity consumption in the future. Second, a transformation path optimization model is established aim to minimize the total cost in the electric power industry. Then, according to the optimization results, the transformation predictions for the power industry under the ''30·60 scenario'' (i.e., the scenario that can achieve carbon peak and carbon neutrality before 2030 and 2060) are analyzed in detail, and are compared with the ones of ''2 °C scenario'' and ''1.5 °C scenario'' defined by IPCC. Furthermore, the influence of different carbon prices on the transformation path is also analyzed. It can be concluded from the simulation results that the ''30·60 scenario'' is a scenario between ''2 °C scenario'' and ''1.5 °C scenario'', and carbon emission can be reduced rapidly under the guidance of high carbon prices.
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spelling doaj.art-8b6e86b4ad4545e2b7c236aa7932d4a32022-12-22T03:30:47ZengElsevierHeliyon2405-84402022-09-0189e10497Modelling and discussion on emission reduction transformation path of China's electric power industry under 'double carbon' goalShengyuan Liu0Zhenzhi Lin1Yicheng Jiang2Tianhan Zhang3Li Yang4Weitao Tan5Feng Lu6School of Electrical Engineering, Zhejiang University, Hangzhou, China; State Grid Zhejiang Electric Power Corporation, Hangzhou, ChinaSchool of Electrical Engineering, Zhejiang University, Hangzhou, China; Corresponding author.State Grid Zhejiang Electric Power Corporation, Hangzhou, ChinaSchool of Electrical Engineering, Zhejiang University, Hangzhou, ChinaSchool of Electrical Engineering, Zhejiang University, Hangzhou, ChinaSchool of Electrical Engineering, Zhejiang University, Hangzhou, ChinaState Grid Huzhou Power Supply Company, Huzhou, ChinaChina has promised to peak carbon emission before 2030 and to achieve carbon neutrality before 2060 (i.e., “double carbon” goal). Under this background, the emission reduction transformation path of China's electric power industry is studied in this paper. First, several boundary conditions (i.e., assumptions) of electric power structure transformation (i.e., the costs of power generations, the costs of energy storage systems, the developments of carbon sinks, the emission factors, and the quotas of carbon sinks) are given considering the whole society electricity consumption in the future. Second, a transformation path optimization model is established aim to minimize the total cost in the electric power industry. Then, according to the optimization results, the transformation predictions for the power industry under the ''30·60 scenario'' (i.e., the scenario that can achieve carbon peak and carbon neutrality before 2030 and 2060) are analyzed in detail, and are compared with the ones of ''2 °C scenario'' and ''1.5 °C scenario'' defined by IPCC. Furthermore, the influence of different carbon prices on the transformation path is also analyzed. It can be concluded from the simulation results that the ''30·60 scenario'' is a scenario between ''2 °C scenario'' and ''1.5 °C scenario'', and carbon emission can be reduced rapidly under the guidance of high carbon prices.http://www.sciencedirect.com/science/article/pii/S2405844022017856Carbon dioxide emissionCarbon neutralityElectric power structureTransformation pathScenarioChina
spellingShingle Shengyuan Liu
Zhenzhi Lin
Yicheng Jiang
Tianhan Zhang
Li Yang
Weitao Tan
Feng Lu
Modelling and discussion on emission reduction transformation path of China's electric power industry under 'double carbon' goal
Heliyon
Carbon dioxide emission
Carbon neutrality
Electric power structure
Transformation path
Scenario
China
title Modelling and discussion on emission reduction transformation path of China's electric power industry under 'double carbon' goal
title_full Modelling and discussion on emission reduction transformation path of China's electric power industry under 'double carbon' goal
title_fullStr Modelling and discussion on emission reduction transformation path of China's electric power industry under 'double carbon' goal
title_full_unstemmed Modelling and discussion on emission reduction transformation path of China's electric power industry under 'double carbon' goal
title_short Modelling and discussion on emission reduction transformation path of China's electric power industry under 'double carbon' goal
title_sort modelling and discussion on emission reduction transformation path of china s electric power industry under double carbon goal
topic Carbon dioxide emission
Carbon neutrality
Electric power structure
Transformation path
Scenario
China
url http://www.sciencedirect.com/science/article/pii/S2405844022017856
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