Electricity portfolio innovation for energy security: the case of carbon constrained China

Chalvatzis, Konstantinos and Rubel, Keagan (2015) Electricity portfolio innovation for energy security: the case of carbon constrained China. Technological Forecasting and Social Change, 100. pp. 267-276.

[img]
Preview
PDF (Electricity portfolio innovation for energy security) - Submitted Version
Available under License Creative Commons Attribution Non-commercial No Derivatives.

Download (1056kB) | Preview

    Abstract

    China’s energy sector is under pressure to achieve secure and affordable supply and a clear decarbonisation path. We examine the longitudinal trajectory of the Chinese electricity supply security and model the near future supply security based on the 12th 5 year plan. Our deterministic approach combines Shannon-Wiener, Herfindahl-Hirschman and electricity import dependence indices for supply security appraisal. We find that electricity portfolio innovation allows China to provide secure energy supply despite increasing import dependence. It is argued that long-term aggressive deployment of renewable energy will unblock China’s coal-biased technological lock-in and increase supply security in all fronts. However, reduced supply diversity in China during the 1990s will not recover until after 2020s due to the long-term coal lock-in that can threaten to hold China’s back from realising its full potential.

    Item Type: Article
    Uncontrolled Keywords: energy security,china,electricity sector,climate change policy,diversification
    Faculty \ School: Faculty of Social Sciences > Norwich Business School
    Depositing User: Pure Connector
    Date Deposited: 19 Dec 2015 07:10
    Last Modified: 15 Dec 2018 00:58
    URI: https://ueaeprints.uea.ac.uk/id/eprint/55764
    DOI: 10.1016/j.techfore.2015.07.012

    Actions (login required)

    View Item