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

Copyright Owner and License

Authors

Additional URL

https://doi.org/10.1016/j.jup.2022.101352

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