Orderly retire China's coal-fired power capacity via capacity payments to support renewable energy expansion

Summary: The energy-only-market implemented in China cannot strongly support large-scale renewable energy expansion because the renewable energy expansion may disorderly phase out non-renewable power capacity. However, non-renewable power capacity, particularly the coal-fired power capacity in China...

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Bibliographic Details
Main Authors: Guangzhi Yin, Bo Li, Natalie Fedorova, Patricia Hidalgo-Gonzalez, Daniel M. Kammen, Maosheng Duan
Format: Article
Language:English
Published: Elsevier 2021-11-01
Series:iScience
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2589004221012566

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