Article
Economics
Brittany Tarufelli, Brian Snyder, David Dismukes
Summary: With the expansion of the 45Q tax credit program in early 2018, the financial incentive for industrial carbon capture and storage has increased to $50 per tonne of CO2. In some industrial systems, the costs of capturing, transporting, and storing one tonne of CO2 is less than $50, suggesting potential economic benefits. However, the $50 tax credit alone may not be sufficient to drive significant changes in the management of most industrial CO2 emissions.
Article
Economics
Jing-Li Fan, Zezheng Li, Zixia Ding, Kai Li, Xian Zhang
Summary: Carbon Capture Utilization and Storage (CCUS) is the only technological option for decarbonizing existing coal-fired power plants (CFPPs) deeply, yet its current scale is far from the level required to meet global climate goals. This study quantifies the critical carbon prices for CCUS investment at different emission reduction potentials in China and provides investment strategies.
Article
Engineering, Environmental
Kai Li, Shuo Shen, Jing-Li Fan, Mao Xu, Xian Zhang
Summary: This paper investigates the role of carbon capture, utilization and storage (CCUS) technology in coal-fired power plants (CFPPs) in reducing CO2 emissions and achieving China's carbon neutrality target. The study finds that China's existing CFPPs have significant retrofitting potential, but the best window for retrofitting is short and will soon close.
RESOURCES CONSERVATION AND RECYCLING
(2022)
Article
Engineering, Environmental
Tarun Sharma, Yuan Xu
Summary: India is the third largest CO2 emitter in the world, with electricity generation being the most important contributing sector. This paper examines the role of CO2 capture, utilization, and storage (CCUS) in decarbonizing India's electricity, and includes transport by ship to overseas CO2 storage sites. The model provides estimates of costs and conditions to make international CCUS chains attractive for decarbonization scenarios in India.
RESOURCES CONSERVATION AND RECYCLING
(2021)
Article
Green & Sustainable Science & Technology
Liang Sun, Wenying Chen
Summary: Carbon capture, utilization and storage (CCUS) is crucial for China's goal of achieving carbon neutrality by 2060. This study highlights the potential of onshore oilfields for CO2 storage and provides insights into nationwide source-sink matching (SSM) using an improved decision support system. The results contribute to the understanding of CCUS implementation and infrastructure planning in China.
JOURNAL OF CLEANER PRODUCTION
(2022)
Article
Energy & Fuels
Qian Wu, Qianguo Lin, Qiang Yang, Yang Li
Summary: Carbon capture, utilization and storage (CCUS) is a critical technology for achieving large-scale CO2 mitigation in power and industrial sectors. An optimized source-sink matching model for a CCUS cluster can reflect the dynamics of CO2 capture, transportation, and storage, providing decision bases for optimal planning under evolving reduction targets or constraints.
GREENHOUSE GASES-SCIENCE AND TECHNOLOGY
(2022)
Article
Green & Sustainable Science & Technology
Ning Wei, Shengnan Liu, Zunsheng Jiao, Xiao-chun Li
Summary: This study evaluates the potential and benefits of CCUS in the crude steel industry by using an integrated techno-economic assessment model. The results show that CCUS retrofitting can significantly reduce carbon emissions in the crude steel industry and contribute to carbon neutrality goals. The study also provides relevant factory inventory, geological sites, and cost characteristics, which serve as a reference for decision-making.
JOURNAL OF CLEANER PRODUCTION
(2022)
Article
Economics
Lin Yang, Mao Xu, Jingli Fan, Xi Liang, Xian Zhang, Haodong Lv, Dong Wang
Summary: This study explores a non-fiscal incentive policy of granting extra electricity quotas to finance early CCS demonstration projects in China. It finds that coal-fired power plants can operate at a profit with CCS retrofitting if provided with extra electricity quotas, with the necessary quota ranging from 4709 to 7260 hours per year during the demonstration stage.
Article
Engineering, Environmental
Haotian Tang, Shu Zhang, Wenying Chen
Summary: China's carbon neutrality target is driving the development of carbon capture, utilization, and storage (CCUS) technologies, with the power sector potentially leading the decarbonization efforts. Research revealed variations in CCUS layout lengths, CO2 capture amounts, and pipeline directions under different deployment levels.
ENVIRONMENTAL SCIENCE & TECHNOLOGY
(2021)
Article
Engineering, Environmental
Ning Wei, Zunsheng Jiao, Kevin Ellett, Anthony Y. Ku, Shengnan Liu, Richard Middleton, Xiaochun Li
Summary: The study suggests that CCUS technology in the Chinese coal-fired power sector is cost-effective and can help achieve carbon neutrality goals, especially if a grid price policy similar to that of renewables and natural gas power is applied.
ENVIRONMENTAL SCIENCE & TECHNOLOGY
(2021)
Article
Thermodynamics
Zhihao Zhang, Ji Zhang, Han Yuan, Xu Zheng, Ning Mei
Summary: In this study, a hot water tank was developed to improve energy-saving and heat storage performance based on the source-sink matching principle. Excess heat at the upper boundary was absorbed and reused through a heat collecting chamber and heat pipes. Comparison experiments showed that the improved hot water tank had a 7.6% increase in total exergy efficiency and a 25% higher exergy efficiency compared to a conventional tank. The improved tank also exhibited noticeable energy-saving effects and a larger amount of available hot water.
CASE STUDIES IN THERMAL ENGINEERING
(2023)
Article
Green & Sustainable Science & Technology
Xiping Wang, Rong Tang, Ming Meng, Tong Su
Summary: Carbon capture, utilization, and storage (CCUS) is the most promising emission reduction technology in China for achieving carbon neutrality. However, the industrialization of CCUS faces challenges such as high cost and public acceptance, with the lack of a mature business model and incentive policies being the main factor hindering its deployment. This research compares and analyzes two different CCUS business models using the system dynamics method, evaluating their economic feasibility, technical feasibility, and emission reduction benefits. The results show that the vertical integration model is the most potential CCUS business model in China, with different incentive policies leading to different changes in the CCUS system. Based on these findings, suggestions such as differentiated power generation quota subsidy policies and the development of carbon emission trading market are proposed.
INTERNATIONAL JOURNAL OF GREENHOUSE GAS CONTROL
(2023)
Article
Energy & Fuels
Changwan Gu, Jingjing Xie, Xiaoyu Li, Xu Gao, Pal ostebo Andersen
Summary: This paper constructs a comprehensive assessment model to evaluate the potential, economy, and spatial distribution of CCUS retrofits of blast furnaces in China's steel industry. The study shows that without extra incentives, the levelized cost of carbon dioxide varies greatly among the 111 steel plants considered. Carbon markets and government subsidies can contribute to the early deployment of CCUS projects.
Article
Green & Sustainable Science & Technology
Remi Chauvy, Ying-Ying Lai, Pi-Cheng Chen
Summary: This study presents a methodology to identify suitable CO2 source-sink matching for the deployment of carbon capture utilization technologies in Taiwan. Six clusters of facilities, including major CO2 sources from the power sector and hard-to-abate industries, were identified. Potential CO2 sinks include existing sites, CO2 biofixation from microalgae farming, and CO2 mineralization from alkaline solid wastes. These clusters offer opportunities for carbon and waste reduction, as well as long-term CO2 storage.
INTERNATIONAL JOURNAL OF GREENHOUSE GAS CONTROL
(2022)
Article
Agriculture, Multidisciplinary
W. U. Xiao-li, L. I. U. Miao, L. Chao-su, Allen David (Jack) Mchugh, L. Ming, X. I. O. N. G. Tao, L. I. U. Yu-bin, T. A. N. G. Yong-lu
Summary: The source-sink ratio affects wheat yield, but is influenced by climate and nitrogen deficiency. An increase in sink capacity leads to a higher degree of source limitation. Chuanmai 104 shows better performance in source-sink relations.
JOURNAL OF INTEGRATIVE AGRICULTURE
(2022)
Article
Economics
Jing-Li Fan, Zixia Ding, Kai Li, Qian Wang, Xian Zhang
Summary: This study conducted a bibliometric analysis of the carbon neutrality field. It found that many countries have made carbon neutrality pledges in response to climate change, with the US being the dominant player and China surpassing the UK in terms of publication quantity. Furthermore, academic collaboration among the top 20 productive countries was extensive.
JOURNAL OF CHINESE ECONOMIC AND BUSINESS STUDIES
(2023)
Editorial Material
Environmental Sciences
Jingying Fu, Ayman Elshkaki, Monica Salvia, Xian Zhang, Jingli Fan
FRONTIERS IN ENVIRONMENTAL SCIENCE
(2023)
Review
Energy & Fuels
Qiao Ma, Shan Wang, Yan Fu, Wenlong Zhou, Mingwei Shi, Xueting Peng, Haodong Lv, Weichen Zhao, Xian Zhang
Summary: China needs a supportive policy framework for the development of CCUS to meet the high demand and reduce carbon emissions. The current policies lack focus on weak links and industry sectors, and the environmental policies, legislations, standards, and incentives are not sufficient. There is also a lack of demand-driven policies for the CCUS technology in domestic and foreign markets. Tailored policies based on specific technology needs and well-balanced implementation are necessary to achieve China's carbon neutrality goal.
FRONTIERS IN ENERGY
(2023)
Article
Environmental Sciences
Yabin Da, Bin Zeng, Jing-Li Fan, Jiawei Hu, Lanlan Li
Summary: Existing studies have found that climate change has significant effects on residential electricity consumption, but the differences in responses to climate change between rural and urban residents, and the role of electricity pricing regimes in determining these responses, are still largely unknown. This study examines these issues using monthly data from Anhui province in China. The results suggest that, on average, rural residents are more sensitive to changes in temperature than urban residents, and households that adopt time of use pricing regimes are less responsive to temperatures compared to households with tiered pricing regimes. The findings also indicate that substantial increases in electricity demand are expected in the future due to climate change, with urban and rural residents in 2080 projected to experience an increase of 35.5% and 77.1% in electricity demand, respectively, compared to 2017.
Article
Green & Sustainable Science & Technology
Jing-Li Fan, Xi Huang, Jie Shi, Kai Li, Jingwen Cai, Xian Zhang
Summary: In the context of carbon neutrality, renewable energy, especially wind power, solar PV and hydropower, will become the most important power sources in the future low-carbon power system. An assessment of renewable energy potential considering the variability of wind power and solar PV with high temporal resolution in different regions is crucial for accurate identification of the decarbonization pathway of power system. The results of this study show that China has a total annual complementary power generation potential of 17.57 PWh, with Inner Mongolia and Tibet being the major renewable energy source provinces.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2023)
Article
Multidisciplinary Sciences
Jing-Li Fan, Zezheng Li, Xi Huang, Kai Li, Xian Zhang, Xi Lu, Jianzhong Wu, Klaus Hubacek, Bo Shen
Summary: Decarbonized power systems are crucial for addressing climate change. This study develops a simulation model to explore the optimal solution for a reliable and resilient near-zero power system using carbon capture, utilization, and storage. The findings suggest that allowing up to 20% of abated fossil fuel power generation could significantly reduce the power shortage rate in China by 2050 and increase system resilience.
NATURE COMMUNICATIONS
(2023)
Article
Environmental Sciences
Jing-Li Fan, Jingying Fu, Xian Zhang, Kai Li, Wenlong Zhou, Klaus Hubacek, Johannes Urpelainen, Shuo Shen, Shiyan Chang, Siyue Guo, Xi Lu
Summary: Coal-biomass co-firing power plants with retrofitted carbon capture and storage are seen as a promising decarbonization solution for coal-dominant energy systems. Framework with spatially explicit biomass sources, plants and geological storage sites demonstrate its effectiveness in China.
NATURE CLIMATE CHANGE
(2023)
Article
Energy & Fuels
Jingjing Xie, Kai Li, Jingli Fan, Xueting Peng, Jia Li, Yujiao Xian
Summary: The coal-to-liquid coupled with carbon capture, utilization, and storage technology has the potential to reduce CO2 emissions, but its carbon footprint and cost assessment are still insufficient. This study evaluates the carbon footprint and levelized costs of direct-coal-to-liquid and indirect-coal-to-liquid coupled with the carbon capture utilization and storage technology. The results show that the technology can significantly reduce CO2 emissions and the levelized cost varies based on the scenario.
FRONTIERS IN ENERGY
(2023)
Article
Economics
Lin Yang, Haodong Lv, Ning Wei, Yiming Li, Xian Zhang
Summary: This study developed a comprehensive approach to optimize the carbon mitigation potential, total capital expenditure, and water resource stress for China's coal-fired power plants (CFPPs) with CCUS retrofitting. It was found that although CCUS technology will not intensify water resource stress in the future, the appropriate relaxation ratio of water quota is essential at the initial stage.
Article
Economics
Jing-Li Fan, Zezheng Li, Zixia Ding, Kai Li, Xian Zhang
Summary: Carbon Capture Utilization and Storage (CCUS) is the only technological option for decarbonizing existing coal-fired power plants (CFPPs) deeply, yet its current scale is far from the level required to meet global climate goals. This study quantifies the critical carbon prices for CCUS investment at different emission reduction potentials in China and provides investment strategies.
Article
Economics
Marie-Louise Arlt, David Chassin, Claudio Rivetta, James Sweeney
Summary: This paper examines the impact of real-time pricing and load automation on residential distribution systems. The study finds that implementing real-time pricing can result in an aggregate welfare gain of 39 USD per customer and year. However, it also notes that RTP and load automation may significantly increase peak system load. Introducing a market-based demand management system can further enhance welfare gains and reduce grid investment.
Article
Economics
Javier Jorquera-Copier, Alvaro Lorca, Enzo Sauma, Stefan Lorenczik, Matias Negrete-Pincetic
Summary: As countries update their climate ambitions, low-carbon hydrogen production and use present opportunities for emissions reductions and economic development. A case study for Chile shows that integrating hydrogen and electricity networks can lower system costs and enhance renewable integration, but policy support is needed to address concerns related to water and land use.
Article
Economics
Dawit Guta, Hisham Zerriffi, Jill Baumgartner, Abhishek Jain, Sunil Mani, Darby Jack, Ellison Carter, Guofeng Shen, Jennifer Orgill-Meyer, Joshua Rosenthal, Katherine Dickinson, Rob Bailis, Yuta Masuda
Summary: Household solid fuel use is detrimental to health and the environment. The Indian government's PMUY subsidy has successfully promoted the adoption of LPG by millions of households. However, there is limited understanding of the decision-making process to reduce solid fuel use after transitioning to cleaner fuels. This study found that factors such as household wealth, social status, education level, and the prevalence of LPG use in the village are positively associated with LPG consumption and the discontinuation of solid fuel use. On the other hand, factors such as distance to LPG refill delivery, household size, and the PMUY subsidy are negatively associated with the share of LPG use.
Article
Economics
Nicolas Morell-Dameto, Jose Pablo Chaves-Avila, Tomas Gomez San Roman, Pablo Duenas-Martinez, Tim Schittekatte
Summary: This paper assesses the performance of differently implemented forward-looking network tariff designs and proposes an innovative coordination mechanism to increase predictability in a future with many flexible customers. The study reveals that if large shares of customers synchronize their responses to highly time-varying and locational-specific network charges, it can lead to unexpected reinforcements.
Article
Economics
Alexandra Gritz, Guntram Wolff
Summary: Russia's weaponization of gas supplies shook the energy security of Central and Eastern Europe in 2022. The region responded by increasing alternative energy supplies and developing new gas supply routes. Renewable energy, nuclear energy, and hydrogen play important roles in the long-term. Mitigating the impact of this shock requires the EU to prioritize the integrity of its energy market.
Article
Economics
Jaroslaw Kantorowicz, Marion Collewet, Matthew DiGiuseppe, Hendrik Vrijburg
Summary: Economic costs are a major political obstacle to investing in climate change mitigation and adaptation measures. The method of financing plays a crucial role in determining public opposition to government green investments, with debt financing being less opposed than broad-based taxes. This study suggests that credit market tools, such as green bonds and debt for climate swaps, can be politically efficient in increasing support for green financing. Carbon taxes and wealth taxes are found to be the most preferred options.
Article
Economics
Kun Guo, Liyuan Luan, Xiaoli Cai, Dayong Zhang, Qiang Ji
Summary: This paper investigates China's energy trade stability using a survival analysis approach. It finds that the energy trade linkages between China and 153 other countries are complex and unstable, with short periods of trade with many countries. Geopolitically risky regions, such as the Middle East and Africa, have the lowest trade stability. Climate risks have significant effects on energy trade stability. The paper proposes several policy options to improve energy trade stability in China, with special attention to increasing global climate risks.
Article
Economics
Simona Bigerna, Piyush Choudhary, Nikunj Kumar Jain, Silvia Micheli, Paolo Polinori
Summary: This study estimates the willingness to pay of Indian urban consumers for a continuous supply of electricity using contingent valuation method. The findings show that the amount consumers are willing to pay depends on the duration of power outages, with households preferring shorter outages. Income and environmental attitude also positively influence higher willingness to pay. These insights can inform policymakers in designing more reliable and customer-centric energy generation and distribution models.
Article
Economics
Temilade Sesan, Unico Uduka, Lucy Baker, Okechukwu Ugwu, Ewah Eleri, Subhes Bhattacharyya
Summary: This study examines the impact of the regulatory framework on rural electrification and universal energy access goals in Nigeria's mini-grid sector. The findings suggest that while the current framework has fostered sector growth, additional measures are necessary to ensure equitable distribution of access among rural populations.
Article
Economics
Rui Shan, Noah Kittner
Summary: Energy storage is a cornerstone in decarbonization planning as it reduces operational costs and greenhouse gas emissions, while enhancing resilience and renewables integration. However, storage developers in different regions have varying economic and environmental considerations, thereby requiring policy intervention to achieve long-term emission reductions.
Article
Economics
Tung Durmaz, Sevil Acar, Simay Kizilkaya
Summary: This study investigates the phenomenon of strategic capacity withholding in the Turkish electricity market and its relationship with the capacity remuneration mechanism. The empirical results provide strong evidence of strategic capacity withholding and show that the capacity mechanism contributes to the duration of failures. The study offers important insights for policymakers, including the implementation of a random verification mechanism and restructuring of the capacity mechanism in Turkey.
Article
Economics
Tii N. Nchofoung
Summary: The study finds that oil price shocks have a negative impact on Africa's energy transition, particularly in rural areas and net crude oil exporting countries. However, oil price shocks cannot explain the urban-rural differences in clean energy access. Therefore, increasing investment in clean energy and technologies in rural areas is necessary to enhance the resilience of the energy sector to oil price shocks.
Article
Economics
Najia Saqib, Muhammad Usman, Ilhan Ozturk, Arshian Sharif
Summary: This study examines the impact of environmental technologies, financial growth, and energy use on ecological footprint and green growth. Environmental innovation and renewable energy deployment contribute to green growth, while financial expansion and non-renewable energy use have negative effects on the environment. The study also identifies causal relationships between different factors.
Article
Economics
Yessica C. Y. Chung, Noxolo Kunene, Hung-Hao Chang
Summary: The Renewable Energy Certificate (REC) is considered an innovative technology for building a green society. This study investigates the impact of REC purchases on stock return and volume in Taiwan between 2017 and 2021. The findings suggest that REC purchases have a positive effect on stock returns of manufacturing firms but not service firms. The frequency of REC purchases is also an important factor in the relationship between REC purchase and firm value. Additionally, the study reveals that public attention to environmental pollution plays a crucial role in positive stock returns and volume, while ESG disclosure is negatively associated with returns and volume.
Article
Economics
Seife Ayele, Wei Shen, Yacob Mulugetta, Tadesse Kuma Worako
Summary: This paper addresses the challenges of governing energy procurement from a mix of non-hydropower renewable energy sources supplied by independent producers. Building on political economy analysis and five case studies of independent producer projects from Ethiopia, it seeks to understand the root causes of the protracted delays and limited extent of procurement by independent producers. The key contestations lie in managing long term contracts, risk, uncertainty and in developing the institutional and human capacity to transition.
