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iEnergy 2022, 1(4): 391-392 https://doi.org/10.23919/IEN.2022.0019
News & Views | Open Access | Issue | Published: 20 December 2022

How a 30-year transition to carbon neutrality will affect the electricity supply costs?

Show Author's Information Daniel Kirschen( )
Department of Electrical and Computer Engineering, University of Washington, Seattle, WA 98195, USA
Cite this article:
Kirschen D. How a 30-year transition to carbon neutrality will affect the electricity supply costs?. iEnergy, 2022, 1(4): 391-392. https://doi.org/10.23919/IEN.2022.0019
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Abstract Full text About this article

The Chinese government has set long-term carbon neutrality and renewable energy (RE) development goals for the power sector. Despite a precipitous decline in the cost of RE technologies, the external cost of renewable energy intermittency and massive investments in additional RE capacity would increase electricity costs. In a recent study, a power system expansion model was developed to comprehensively evaluate changes in the electricity supply cost over a 30-year transition to carbon neutrality. RE supply curves, operating security constraints, and characteristics of various generation units were modeled in detail to assess the cost variations accurately[1].


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About this article

How a 30-year transition to carbon neutrality will affect the electricity supply costs?

Show Author's information Daniel Kirschen( )
Department of Electrical and Computer Engineering, University of Washington, Seattle, WA 98195, USA

Abstract

The Chinese government has set long-term carbon neutrality and renewable energy (RE) development goals for the power sector. Despite a precipitous decline in the cost of RE technologies, the external cost of renewable energy intermittency and massive investments in additional RE capacity would increase electricity costs. In a recent study, a power system expansion model was developed to comprehensively evaluate changes in the electricity supply cost over a 30-year transition to carbon neutrality. RE supply curves, operating security constraints, and characteristics of various generation units were modeled in detail to assess the cost variations accurately[1].

References(1)

[1]

Zhuo, Z., Du, E., Zhang, N., Nielsen, C. P., Lu, X., Xiao, J., Wu, J., Kang, C. (2022). Cost increase in the electricity supply to achieve carbon neutrality in China. Nature Communications, 13: 3172.
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Accepted: 26 July 2022
Published: 20 December 2022
Issue date: December 2022

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Copyright: by the author(s). The articles published in this open access journal are distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/).

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