Published April 2021 | Version v1
Journal article

Feasibility study of China's electric power sector transition to zero emissions by 2050

  • 1. Environmental Defense Fund, 28 East Andingmen Street, Yonghe Plaza C501, Beijing 100007 (China)
  • 2. Environmental Defense Fund, 1875 Connecticut Ave NW, Ste 600, Washington, DC 20009 (United States)
  • 3. Energy Research Institute, National Development and Reform Commission, B1503, Guohong Building, Jia.No.11, Muxidibeili, Beijing 100038 (China)

Description

Highlights: • High spatial and temporal resolution modeling of China's electric power sector in 2050 with optimization of generating capacity structure, long-distance grid, energy storage, regional and temporal allocation of demand • 64 scenarios demonstrate feasibility of high-VER generation with high reliability of supply • With current costs of renewables, system-wide cost of supply might be lower than current thermal generation The study explores the potential transition of China's electric power sector to zero emissions by 2050. Using a capacity expansion model (CEPRO) with 31 regions, hourly time resolution, and 39 years of historical reanalysis weather data (MERRA-2), we simulate the expansion and operation of the power sector, considering solar and wind energy as the primary source of generation. The results suggest that zero-emissions power generation can be achieved with mostly wind and solar energy and alternative sets of balancing technologies. We show that a high-renewables power system can operate without significant storage and provide a high level of reliability. Besides storage, the balancing can be achieved by a partially flexible load, expansion of power grid, and backup capacity. The four balancing options and the level of reliability of the system are substitutes for one another, making at least storage or backup generation optional. Most importantly, a high-renewables power system is competitive, with the supply-side levelized system cost of electricity as low as 0.2–0.3 CNY/kWh (about 3–4 US cents per kWh) even without consideration of further reductions in the cost of renewables.

Availability note (English)

Available from http://dx.doi.org/10.1016/j.eneco.2021.105176

Additional details

Identifiers

DOI
10.1016/j.eneco.2021.105176;
PII
S0140988321000815;

Publishing Information

Journal Title
Energy Economics
Journal Volume
96
Journal Page Range
vp.
ISSN
0140-9883
CODEN
EECODR

INIS

Country of Publication
United Kingdom
Country of Input or Organization
International Atomic Energy Agency (IAEA)
INIS RN
53107817
Subject category
S29: ENERGY PLANNING, POLICY AND ECONOMY;
Descriptors DEI
COMPUTERIZED SIMULATION; DECARBONIZATION; ELECTRIC POWER; ELECTRICITY; EMISSION; ENERGY MODELS; ENERGY STORAGE; OPERATION; OPTIMIZATION; POWER GENERATION; POWER SYSTEMS; TIME RESOLUTION; WEATHER
Descriptors DEC
ENERGY SYSTEMS; POWER; RESOLUTION; SIMULATION; STORAGE; TIMING PROPERTIES

Optional Information

Copyright
Copyright (c) 2021 Elsevier B.V. All rights reserved.