Publication Type
Journal Article
Version
acceptedVersion
Publication Date
4-2022
Abstract
China has suffered overcapacity in coal power since 2016. With growing electricity demand and an economic crisis due to the Covid-19 pandemic, China faces a dilemma between easing restrictive policies for short-term growth in coal-fired power production and keeping restrictions in place for long-term sustainability. In this paper, we measure the risks faced by China's coal power units to become stranded in the next decade and estimate the associated economic costs for different shareholders. By implementing restrictive policies on coal power expansion, China can avoid 90% of stranded coal assets by 2025.
Keywords
China, Coal power, Overcapacity, Stranded assets
Discipline
Asian Studies | Energy Policy | Numerical Analysis and Scientific Computing
Publication
Utilities Policy
Volume
75
First Page
1
Last Page
9
ISSN
0957-1787
Identifier
10.1016/j.jup.2022.101352
Publisher
Elsevier
Citation
ZHANG, Weirong; REN, Mengjia; KANG, Junjie; ZHOU, Yiou; and YUAN, Jiahai.
Estimating stranded coal assets in China's power sector. (2022). Utilities Policy. 75, 1-9.
Available at: https://ink.library.smu.edu.sg/sis_research/6963
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1016/j.jup.2022.101352
Included in
Asian Studies Commons, Energy Policy Commons, Numerical Analysis and Scientific Computing Commons