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Through extensive data research and analysis, this paper comprehensively summarizes the status and key insights of global carbon dioxide capture and storage (CCS) development. It aims to gain a comprehensive understanding of the relevant policies, technologies, and security measures adopted by major countries in their CCS development processes. Furthermore, it explores the existing status and limitations of China's offshore development efforts, while providing valuable recommendations for enhancing China's offshore CCS initiatives, as well as serving as a reference for other nations worldwide. Offshore CCS plays a crucial role for China to achieve the development target of carbon peak and carbon neutrality, due to its energy structure and industrial distribution. While China possesses significant offshore CCS potential, achieving commercialization still requires substantial efforts. To facilitate the process and draw insights from successful experiences in other countries, this paper illustrates the characteristics and generalizes the experience of offshore CCS industry practices in America, Europe and Japan, respectively. Furthermore, it is recommended that a new round of investigation into offshore CCS potential be conducted, while promoting integrated collaboration between geological surveying and marine scientific research. Additionally, further research on industrial policies and green financial strategies should be undertaken. [ABSTRACT FROM AUTHOR]

The power sector is one of the major CO2-emitting industries in China. It is also the first key emissions control industry included in China's national carbon trading market established in 2021. Therefore, based on the data of 30 provinces and cities in China from 2015 to 2022, this study analyzes the impact of the national carbon market policy on the carbon emissions of the power industry based on the generalized Difference-in-Difference (DID) model. Based on the method of text analysis, this paper constructs the carbon market policy intensity index of each region and incorporates it into the DID model. Empirical analysis finds that the national carbon market policy can significantly inhibit the carbon emissions of the power industry. However, the heterogeneity analysis of 30 provinces and cities shows that the national carbon market policy has a significant impact on the regions that already have a carbon pilot, but not on the non-pilot regions. Therefore, this paper demonstrates the effectiveness of the national carbon market policy in the power industry emissions control, and also exposes the heterogeneity between regions, providing an important empirical basis for the inclusion of other energy-intensive industries. [ABSTRACT FROM AUTHOR]

Low carbon operation of power systems is a key way to achieve the goal of energy power carbon peaking and carbon neutrality. In order to promote the low carbon transition of energy and power and the coordinated and optimized operation of distributed energy sources in virtual power plants (VPP), this paper proposes a framework for collaborative utilization of pumped storage–carbon capture–power-to-gas (P2G) technologies. It also constructs a multi-time scale low carbon economic dispatch model for VPP to minimize the internal resource operation cost of VPP in each time period. During the intraday scheduling stage, the day-ahead scheduling results as the planned output and the energy flow is then dynamically corrected at a short-term resolution in the framework. This allows for the exploration of the low-carbon potential of each aggregation unit within the virtual power plant. The results of the simulation indicate that the strategy and model proposed in this paper can effectively encourage the consumption of renewable energy sources, promote the low-carbon operation of power system power, and serve as a valuable reference for the low-carbon economic operation of the power system. [ABSTRACT FROM AUTHOR]

The EU has set the ambitious target of raising the share of EU energy consumption produced from renewable resources to 32% by 2030, with a target of climate neutrality by 2050. The aim of this paper is to assess the role of biomass usage in the context of these targets. The paper identifies the progress made between 2013 and 2022 by focusing on a selection of EU countries. The largest bioenergy increments of 130, 77, and 60 PJ were reported for Poland, Sweden, and the Netherlands. This study evaluates the crucial role of co-generation and heat in EU regions, with biomass usage between 55 and 80% of the combined heat and power (CHP) energy in Nordic countries. The future perspectives for bioenergy based on EU policies, biomass resources, and technical issues were addressed. The EU possesses around 9% of the global biomass supply, ensuring a certain level of biomass resource dependence. Thus, the biomass usage demand in energy production, non-energy sectors, and transport is expected to rise, leading to increments of 13–76% on biomass imports. It appears that bioenergy development is mostly limited by economic issues and uneven support for bioenergy in different EU countries as well as environmental issues. The study shows a promising and sustainable potential of bioenergy in the EU as a renewable energy source while minimizing negative impacts on the environment and the economy. By 2050, liquid biofuels are likely to be increasingly used in the transport sector. Non-energy sector usage of biomass is still in an early stage of development, except for the pulp and paper industry, and significant use of biomass in non-energy sectors seems unlikely in the near future. [ABSTRACT FROM AUTHOR]

With the global objectives of achieving a "carbon peak" and "carbon neutrality" along with the implementation of carbon reduction policies, China's industrial structure has undergone significant adjustments, resulting in constraints on high-energy consumption and high-emission industries while promoting the rapid growth of green industries. Consequently, these changes have led to an increasingly complex power system structure and presented new challenges for electricity demand forecasting. To address this issue, this study proposes a 24-step multivariate time series short-term load forecasting algorithm model based on KNN data imputation and BiTCN bidirectional temporal convolutional networks combined with BiGRU bidirectional gated recurrent units and attention mechanism. The Kepler adaptive optimization algorithm (KOA) is employed for hyperparameter optimization to effectively enhance prediction accuracy. Furthermore, using real load data from a wind farm in Xinjiang as an example, this paper predicts the electricity load from 1 January to 30 December in 2019. Experimental results demonstrate that our comprehensive short-term load forecasting model exhibits lower prediction errors and superior performance compared to traditional methods, thus holding great value for practical applications. [ABSTRACT FROM AUTHOR]

To realize a carbon-efficient and economically optimized dispatch of the integrated energy system (IES), this paper introduces a highly efficient dispatch strategy that integrates demand response within a tiered carbon trading mechanism. Firstly, an efficient dispatch model making use of CHP and P2G technologies is developed to strengthen the flexibility of the IES. Secondly, an improved demand response model based on the price elasticity matrix and the capacity for the substitution of energy supply modes is constructed, taking into account three different kinds of loads: heat, gas, and electricity. Subsequently, the implementation of a reward and penalty-based tiered carbon trading mechanism regulates the system's carbon trading costs and emissions. Ultimately, the goal of the objective function is to minimize the overall costs, encompassing energy purchase, operation and maintenance, carbon trading, and compensation. The original problem is reformulated into a mixed-integer linear programming problem, which is solved using CPLEX. The simulation results from four example scenarios demonstrate that, compared with the conventional carbon trading approach, the aggregate system costs are reduced by 2.44% and carbon emissions are reduced by 3.93% when incorporating the tiered carbon trading mechanism. Subsequent to the adoption of demand response, there is a 2.47% decrease in the total system cost. The proposed scheduling strategy is validated as valuable to ensure the low-carbon and economically efficient functioning of the integrated energy system. [ABSTRACT FROM AUTHOR]

The decarbonization of power systems plays a great part in the carbon neutrality goal. Currently, researchers have explored reducing carbon in power systems in terms of the optimization of energy supply structure and operation strategies, but ignored the carbon reduction potential of users. To investigate the carbon reduction capability of users and further promote power system decarbonization through the active response of electricity loads, this paper proposes a carbon-reduction-oriented demand response (CRODR) technology based on generalized nodal carbon emission flow theory. First, the framework of the CRODR mechanism is established to provide an interaction baseline for users facing carbon reduction guiding signals. Secondly, the generalized nodal carbon emission flow theory is introduced to provide a calculation method for the guiding signals, considering dynamic electricity carbon emission factors with various spatiotemporal resolutions. Then, a matrix-based method is proposed to efficiently solve the carbon emission flow and obtain the guiding signals. On this basis, an optimal load-regulating model to help users meet their carbon reduction goals is built, and a carbon reduction benefit-evaluation method is proposed. Case studies on China's national power system and a textile company verify that CRODR technology can realize efficient carbon reduction through load shifting while maintaining the total power consumption of users. The proposed CRODR technology is expected to provide a theoretical basis and guiding mechanism for promoting carbon reduction throughout the entire power system. [ABSTRACT FROM AUTHOR]

Accelerating the green transformation of the power system is the inevitable path of the energy revolution; the increasing installed capacity of new energy and the penetration rate of electricity, uncertainty regarding new energy output, and the rising proportion of distributed power supply access have led to the threat against the safe and stable operation of the current power system. With the increasing uncertainty on both sides of power supply and demand, the microgrid (MG) is needed to effectually aggregate, coordinate, and optimize resources, such as adjustable resources, distributed power supply, and distributed energy storage in a certain area on the demand side. Therefore, in this paper, the uncertainty of wind power and PV is first dealt with by Latin hypercube sampling (LHS). Secondly, differentiated resources in the MG region can be divided into adjustable resources, distributed power supply, and energy storage. Adjustable resources are classified according to demand response characteristics. At the same time, the MG operating cost and carbon trading mechanism (CTM) are comprehensively considered. Finally, a low-carbon economy optimal scheduling strategy with the lowest total cost as the optimization goal is formed. Then, in order to verify the effectiveness of the proposed algorithm, three different scenarios are established for comparison. The total operating cost of the proposed algorithm is reduced by about 30%, and the total amount of carbon trading in 24 h can reach nearly 600 kg, bringing economic and social benefits to the MG. [ABSTRACT FROM AUTHOR]

This paper investigates the development of low-carbon buildings and carbon emission control in Jiangsu Province, China, utilizing a mathematical model. Through correlation analysis and principal component analysis, the carbon emissions of the entire life cycle of residential buildings are evaluated, and a Grey Prediction Model is established. The study shows that the annual carbon emission from air conditioners is 370.92 kg, given an annual electricity consumption of 1324.71 kW and a carbon emission of 0.28 kg per kWh. It identifies the key carbon emission indicators, including precipitation, temperature, energy consumption, building area, construction materials, water, natural gas, and waste. Principal component analysis ranks building area as the most significant factor. Using the GM (1,1) model, the carbon emissions of Jiangsu Province in 2024 were predicted to be 1.5576 million tons by historical data. Emission reduction suggestions are proposed, such as constructing thicker walls, increasing green spaces, reducing construction waste, and promoting balanced economic development. Moreover, prioritizing insulation materials in building design can reduce winter energy consumption since energy consumption is higher in winter than in summer. This research supports China's goals of achieving a carbon peak by 2030 and carbon neutrality by 2060 while encouraging low-carbon technological innovation and improving people's living standards. This study also emphasizes the importance of locally tailored strategies for effective emissions reduction. [ABSTRACT FROM AUTHOR]

The utilization of conventional energy sources commonly leads to heightened energy consumption and the generation of specific forms of environmental pollution. As an innovative power management and dispatch system, virtual power plants (VPPs) have the potential to significantly enhance the flexibility and stability of power systems, while supporting carbon reduction targets by integrating distributed energy resources (DERs), energy management systems (EMSs), and energy storage systems (ESSs), which have attracted much attention in the power industry in recent years. Consequently, it can effectively address the variability and management challenges introduced by renewable energy. Furthermore, optimizing power market dispatch and user-side power management plays a pivotal role in promoting the transition of the energy industry towards sustainable development. The current study highlights the unresolved issue of strategic decision-making among market participants, such as energy companies, generation companies, and power distribution companies, despite the potentially significant benefits of VPPs. These entities must carefully evaluate the costs and benefits associated with adopting a VPP. Additionally, governments face the complex task of assessing the feasibility and effectiveness of providing subsidies to incentivize VPP adoption. Previous research has not adequately explored the long-term evolution of these decisions in a dynamic market environment, leading to a lack of adequate understanding of optimal strategies for market participants and regulators. This paper addresses this critical research gap by introducing an innovative bilateral evolutionary game model that integrates VPP and carbon trading markets. By utilizing the model, simulation experiments are carried out to compare different strategic decisions and analyze the stability and long-term evolution of these strategies. Research findings indicate that the adoption of VPP technology by market participants, in conjunction with government policies, results in an average 90% increase in market participants' earnings, while government revenues see a 35% rise. This approach provides an alternative method for understanding the dynamic interactions between market participants and government policy, offering both theoretical and practical insights. The findings significantly contribute to the literature by proposing a robust framework for integrating VPPs into electricity markets, while offering valuable guidance to policymakers and market participants in developing effective strategies to support the sustainable energy transition. The application of this model has not only enhanced the understanding of market dynamics in theory, but also provided quantitative support for strategic decisions under different market conditions in practice. [ABSTRACT FROM AUTHOR]

As global climate change intensifies and environmental awareness increases, investing in renewable energy has become a primary economic and social development priority. Photovoltaic (PV) projects, as a clean and sustainable energy technology, have garnered significant attention due to their notable environmental and economic benefits. However, traditional investment evaluation methods such as net present value (NPV) analysis fail to adequately capture the flexibility and future uncertainties inherent in PV project investments. This paper presents a case study analysis proposing a delay option model that incorporates environmental, social, and governance (ESG) factors, providing a more scientific and flexible investment decision framework for PV projects. The case study results indicate that considering ESG factors significantly enhances the investment value of PV projects. This model not only provides comprehensive support for PV project investment decisions but also underscores the importance of establishing stringent carbon trading markets and policy incentive mechanisms to promote the widespread adoption and sustainable development of renewable energy projects. [ABSTRACT FROM AUTHOR]

Carbon neutrality has become a global common goal. CCUS, as one of the technologies to achieve carbon neutrality, has received widespread attention from academia and industry. After CO2 enters the formation, under the conditions of formation temperature and pressure, supercritical CO2, formation water, and rock components interact, which directly affects the oil and gas recovery and carbon sequestration efficiency. In this paper, the recent progress on CO2 water–rock interaction was reviewed from three aspects, including (i) the investigation methods of CO2 water–rock interaction; (ii) the variable changes of key minerals, pore structure, and physical properties; and (iii) the nomination of suitable reservoirs for CO2 geological sequestration. The review obtains the following three understandings: (1) Physical simulation and cross-time scale numerical simulation based on formation temperature and pressure conditions are important research methods for CO2 water–rock interaction. High-precision mineral-pore in situ comparison and physical property evolution evaluation are important development directions. (2) Sensitive minerals in CO2 water–rock interaction mainly include dolomite, calcite, anhydrite, feldspar, kaolinite, and chlorite. Due to the differences in simulated formation conditions or geological backgrounds, these minerals generally show the pattern of dissolution or precipitation or dissolution before precipitation. This differential evolution leads to complex changes in pore structure and physical properties. (3) To select the suitable reservoir for sequestration, it is necessary to confirm the sequestration potential of the reservoir and the later sequestration capacity, and then select the appropriate layer and well location to start CO2 injection. At the same time, these processes can be optimized by CO2 water–rock interaction research. This review aims to provide scientific guidance and technical support for shale oil recovery and carbon sequestration by introducing the mechanism of CO2 water–rock interaction, expounding the changes of key minerals, pore structure, and physical properties, and summarizing the sequestration scheme. [ABSTRACT FROM AUTHOR]

In the current literature, there exists a lack of analysis regarding the coordination of the spinning reserve and time-shift characteristics of hydrogen storage systems (HSS) and flexible carbon capture systems (FCCS) in terms of low-carbon economic operation. They are presently used solely as a tool to capture carbon dioxide, without fully utilizing the advantages of their flexible operation. The coordination and complementarity of the FCCS and HSS can ensure stable power supply and improve renewable energy (RE) consumption. Combined with demand side response (DSR), these factors can maximize the RE consumption capacity, reduce carbon emissions, and improve revenue. In this paper, a source-storage-load flexible scheduling strategy is proposed by considering the complementary nature of FCCS and HSS in terms of rotating standby and time-shift characteristics. First, the operational mechanisms of FCCS, HSS, and demand side response (DSR) are analyzed, and their mathematical models are constructed to improve flexibility in grid operation and regulation. Next, deficiencies in FCCS and HSS operation under rotating reserve requirements are analyzed to design a coordinated operation framework for the FCCS and HSS. This operational framework aims to enable the complementarity of the rotating reserve and time-shift characteristics of FCCS and HSS. Finally, based on the carbon emission trading mechanism, a three-stage ladder carbon emission trading cost model is constructed, and a source-storage-load flexible scheduling strategy is established to achieve an effective balance between low carbon emissions and economic performance. The simulation results demonstrate that the strategy reduces the overall cost by 8.57%, reduces the carbon emissions by 35.33%, and improves the renewable energy consumption by 3.5% compared with the unoptimized scheme. [ABSTRACT FROM AUTHOR]

As global climate change intensifies, nations around the world are implementing policies aimed at reducing emissions, with carbon-trading mechanisms emerging as a key market-based tool. China has launched carbon-trading markets in several cities, achieving significant trading volumes. Carbon-trading mechanisms encompass cap-and-trade markets and voluntary markets, influenced by various factors, including policy changes, economic conditions, energy prices, and climate fluctuations. The complexity of these factors, coupled with the nonlinear and non-stationary nature of carbon prices, makes forecasting a substantial challenge. This paper proposes a dynamic weight hybrid forecasting model based on a dual sliding window approach, effectively integrating multiple forecasting models such as LSTM, Random Forests, and LASSO. This model facilitates a thorough analysis of the influences of policy, market dynamics, technological advancements, and climatic conditions on carbon pricing. It serves as a potent tool for predicting carbon market price fluctuations and offers valuable decision support to stakeholders in the carbon market, ultimately aiding in the global efforts towards emission reduction and achieving sustainable development goals. [ABSTRACT FROM AUTHOR]

With the development of global clean energy and the implementation of carbon emission reduction policies, the direct purchase of electricity by large consumers has been increasingly promoted as a special form of electricity trading. Therefore, on the basis of the completion of low-carbon emission reduction targets in each country, how to rationalize the electricity purchase by large consumers in the electricity market so as to reduce their electricity purchase costs has become the main target of attention in each country. Currently, there are fewer studies in existing research on the direct electricity purchase strategy of large consumers under the consideration of the weight of consumption responsibility and risk. Based on this, this paper constructs a dual-game model for direct electricity purchase by large consumers based on the Stackelberg game and non-cooperative game theory. The concept of value at risk is further introduced, and the optimal strategy of direct electricity purchase by large consumers is proposed. The results of this study show that when market players make decisions on the purchase and sale of electricity, power suppliers will increase their biddings to obtain the highest returns, and large consumers can reduce the transaction costs by combining the medium- and long-term market with the spot market to purchase electricity. In the choice of electricity purchase market, with the increasing risk factor, large consumers shift from the risky spot market to the less risky medium- and long-term market and option market. This paper provides a reference for the issues of power suppliers' contract bidding and large consumers' electricity purchase strategy in the medium- and long-term contract transactions. [ABSTRACT FROM AUTHOR]

Cities play a pivotal role in achieving worldwide carbon neutrality due to their significant contribution to global energy consumption and carbon emissions. Therefore, planning effective strategies and guiding evidence-based policymaking at the city scale becomes even more crucial. Composite indices serve as a valuable tool for monitoring urban energy transition trends. This paper aims to present a novel approach, robust and flexible even under conditions of data scarcity, for tracking the energy transition trend of a city by means of a composite index (UETI). The Turin case study is introduced to test the applicability of the proposed approach. Additionally, to demonstrate the robustness of the composite index framework, the paper includes the findings of correlation and sensitivity analyses. This study reveals a significant improvement in Turin's environmental and energy domains, while the socio-economic domain shows more modest improvement. Furthermore, the study highlights the need to address the shortage of urban data to enhance the accuracy and reliability of metric-based frameworks and to extend the assessment to a larger sample of cities. [ABSTRACT FROM AUTHOR]

To advance carbon neutrality policies, many countries are increasingly integrating Renewable Energy Sources (RESs) into their energy mix. However, for harnessing natural energy in power generation, RESs present challenges in output control, potentially leading to power imbalances. Such imbalances, when coupled with an excessive reliance on unpredictable RES, may necessitate the curtailment of grid-integrated renewable generation, halting production despite available capacity. This paper proposes strategies to mitigate the economic and operational efficiency impacts of increased RESs on the power grid. It focuses on the optimal operation of Battery Energy Storage Systems (BESSs) and Power to Gas (P2G) technology, which flexibly converts surplus electricity into hydrogen. By employing Mixed Integer Linear Programming (MILP) for optimization and Stochastic Programming (SP) for the management of the uncertainty of renewable energy output, this paper evaluates the anticipated benefits of BESS and P2G applications. [ABSTRACT FROM AUTHOR]

In order to achieve the ambitious goal of "carbon neutrality", countries around the world are striving to develop clean energy. Against this background, this paper takes China and Italy as representatives of developing and developed countries to summarize the energy structure composition and development overview of the two countries. The paper analyzes the serious challenges facing the future energy development of both countries and investigates the possibilities of energy cooperation between the two countries, taking into account their respective advantages in energy development. By comparing the policies issued by the two governments to encourage clean energy development, this paper analyzes the severe challenges faced by the two countries' energy development in the future and combines their respective energy development advantages to look forward to the possibility of energy cooperation between the two countries in the future. This lays the foundation for China and Italy to build an "Energy Road" after the "Silk Road". [ABSTRACT FROM AUTHOR]

The sustainable implementation of resources and the transition to low-carbon construction is on the world's daily agenda. This paper describes the development of criteria for the efficient management of material resources in low-carbon construction. Net income, gross profit, balance sheets, and equity are proposed as indicators that serve as criteria for assessing the efficient use of resources. Nonlinear regression models were the methodological basis for the establishment of cause-and-effect relationships of the volume of construction of transport structures. It was established that since construction companies do not purchase materials for storage, the cost of materials for use in low-carbon technological construction work is directly proportional to the cost of construction. The volume of production in the construction industry is determined by construction costs. More efficient use of low-carbon materials reduces cost and construction waste. In this paper, we have established the relationship between the indicator of efficiency for the functioning of the construction enterprises in Ukraine and the use of low-carbon materials for the construction of transport structures. The practical value of the obtained results for low-carbon construction management lies in proving the relationship between the performance indicators of the construction enterprise (net profit, gross profit, output volume, balance sheets, and equity capital) and the use of low-carbon material resources. Our results form the basis for future research into the use of a cost-based model for low-carbon economy transition in municipalities and regions. [ABSTRACT FROM AUTHOR]

The paper addresses the overlooked interaction between power-to-gas (P2G) devices and carbon capture and storage (CCS) equipment, along with the stepwise carbon trading mechanism in the context of current multi-park integrated energy microgrids (IEMGs). Additionally, it covers the economic and coordinated low-carbon operation issues in multi-park IEMGs under the carbon trading system. It proposes a multi-park IEMG low-carbon operation strategy based on the synchronous Alternating Direction Method of Multipliers (ADMM) algorithm. The algorithm first enables the distribution of cost relationships among multi-park IEMGs. Then, using a method that combines a CCS device with a P2G unit in line with the tiered carbon trading scheme, it expands on the model of single IEMGs managing thermal, electrical, and refrigeration energy. Finally, the comparison of simulation cases proves that the proposed strategy significantly reduces the external energy dependence while keeping the total cost of the users unchanged, and the cost of interaction with the external grid is reduced by 56.64%, the gas cost is reduced by 27.78%, and the carbon emission cost is reduced by 29.54% by joining the stepped carbon trading mechanism. [ABSTRACT FROM AUTHOR]

On the basis of "Carbon Peak and Carbon Neutral" goals, carbon sequestration projects are increasing in China. The integrity of cement sheaths, as an important factor affecting carbon sequestration projects, has also received more attention and research. When CO2 is injected into the subsurface from sequestration wells, the cement sheath may mechanically fail due to the pressure accumulated inside the casing, which leads to the sealing of the cement sheath failing. The elasticity and strength parameters of the cement sheath are considered in this paper. The critical bottom-hole injection pressures of inclined well sections under anisotropic formation stresses at different depths were calculated for actual carbon-sealing wells in the X block—the CO2 sequestration target block. The sensitivity factors of the critical bottom-hole injection pressure were also analyzed. It was found that the cement sheath damage criterion was tensile damage. The Young's modulus and tensile strength of the cement sheath are the main factors affecting the mechanical failure of the cement sheath, with Poisson's ratio having the second highest influence. An increase in the Young's modulus, Poisson's ratio, and tensile strength of the cement sheath can help to improve the mechanical stability of cement sheaths in CO2 sequestration wells. This model can be used for the design and evaluation of cement in carbon sequestration wells. [ABSTRACT FROM AUTHOR]

Carbon storage services play an important role in maintaining ecosystem stability. Land use/cover change (LUCC) is the main factor leading to changes in ecosystem carbon storage. Understanding the impact of LUCC on regional carbon storage changes is crucial for protecting regional ecosystems and promoting sustainable socio-economic development. This paper selects Shanxi province as the study area and explores the spatial and temporal evolution characteristics of carbon storage in Shanxi province based on the InVEST model and univariate spatial autocorrelation. The results show that the total carbon storage in Shanxi Province in 2000, 2010, and 2020 is 513.51 × 104 t C, 513.46 × 104 t C, and 509.29 × 104 t C, respectively. High carbon storage areas are distributed in forest and grassland land types, while low carbon storage areas are widely distributed in building land in urban metropolitan areas. Shanxi Province is mainly dominated by farmland, which has decreased by 3448.60 km2 in the past 20 years. Grassland has decreased by 1588.31 km2 and the area of building land has increased by 4205.73 km2. Due to the influence of carbon conversion among different land use types, the total carbon storage loss of Shanxi Province in the past 20 years was 4.21 × 104 t C. The transfer of farmland resulted in an increase in carbon stock of 14.46 × 104 t C. The transfer of grassland resulted in an increase of 17.15 × 104 t C, while the transfer of forest resulted in a decrease of 41.44 × 104 t C. The increase in land use types with low carbon density and the decrease in land use types with high carbon density led to the decrease in carbon storage in Shanxi Province. Furthermore, social factors were more likely to influence the carbon storage than natural factors, and the influence of social factors was often negative. On this basis, regional development countermeasures were proposed for the current situation of carbon storage in Shanxi Province and provide a scientific basis for Shanxi Province to achieve the carbon neutrality target. [ABSTRACT FROM AUTHOR]

Recently, there has been an increasing effort to promote energy efficiency, using renewable energies and electric mobility to achieve a more sustainable future and even carbon neutrality by 2050. This paper aims to understand if combining these technologies leads to a win–win solution. For that, the system's characteristics that will be used for the simulation were defined as a residential community consumption scenario with and without electric vehicles charging overnight. The simulation was completed in software, and eight scenarios were tested: high population density/low population density with/without electric mobility and hourly tariff/simple tariff. After these scenarios had been tested, the conclusion was that the low population density and hourly tariff without and with electric mobility were the best two cases economically (in terms of levelized cost of energy, net present costs, and savings) and environmentally, and the worst was high population density with hourly tariff and electric mobility. Other scenarios were then tested, including changes in the load curve, namely a commercial load curve, and changes in the load curve of electric vehicle chargers, mainly daytime charging. The conclusion was that even though the initial hypothesis did not lead to a win–win solution, with changes in the hypothesis, the integration of electric mobility in energy communities might lead to that. [ABSTRACT FROM AUTHOR]

With the shortage of fossil energy and the increasingly serious environmental problems, renewable energy based on wind and solar power generation has been gradually developed. For the problem of wind power uncertainty and the low-carbon economic optimization problem of an integrated energy system with power to gas (P2G) and carbon capture and storage (CCS), this paper proposes an economic optimization scheduling strategy of an integrated energy system considering wind power uncertainty and P2G-CCS technology. Firstly, the mathematical model of the park integrated energy system with P2G-CCS technology is established. Secondly, to address the wind power uncertainty problem, Latin hypercube sampling (LHS) is used to generate a large number of wind power scenarios, and the fast antecedent elimination technique is used to reduce the scenarios. Then, to establish a mixed integer linear programming model, the branch and bound algorithm is employed to develop an economic optimal scheduling model with the lowest operating cost of the system as the optimization objective, taking into account the ladder-type carbon trading mechanism, and the sensitivity of the scale parameters of P2G-CCS construction is analyzed. Finally, the scheduling scheme is introduced into a typical industrial park model for simulation. The simulation result shows that the consideration of the wind uncertainty problem can further reduce the system's operating cost, and the introduction of P2G-CCS can effectively help the park's integrated energy system to reduce carbon emissions and solve the problem of wind and solar power consumption. Moreover, it can more effectively reduce the system's operating costs and improve the economic benefits of the park. [ABSTRACT FROM AUTHOR]

Sewage sludge and red mud, as common industrial waste, have become a research hotspot in the field of achieving carbon peaking and carbon neutrality, reducing carbon emissions, and solving environmental problems. However, their treatment and disposal have always been a difficult problem in the environmental field. Utilizing these two materials for thermal energy storage can not only improve energy utilization efficiency but also further reduce carbon emissions during their treatment process, providing a new approach for sustainable development in the industrial sector. This article summarizes the research progress for the resource recovery of sewage sludge and red mud for direct thermal energy recovery and composite phase change energy storage. After proper treatment, sludge and red mud can be directly used as energy storage materials. In addition, sludge and red mud can be combined with phase change materials to prepare composite materials with an excellent energy storage performance. This composite has broad application prospects in fields such as solar energy utilization and building energy efficiency. However, there are still some challenges and issues in this resource recovery and utilization, such as potential environmental pollution during the treatment process, the long-term stability of energy storage materials, and cost-effectiveness, which require further research and resolution. The purpose of this paper is to evaluate the potential of sewage sludge and red mud as energy storage materials, to explore their feasibility and advantages in practical applications, and to reveal the research progress, technical challenges, and future development directions of these two materials in the field of thermal energy storage. [ABSTRACT FROM AUTHOR]

Assessments of the hosting capacity of electricity distribution networks are of paramount importance, as they facilitate the seamless integration of rooftop photovoltaic systems into the grid, accelerating the transition towards a more carbon neutral and sustainable system. This paper employs a deep reinforcement learning-based approach to evaluate the real-time hosting capacity of low voltage distribution networks in a model-free manner. The proposed approach only requires real-time customer voltage data and solar irradiation data to provide a fast and accurate estimate of real-time hosting capacity at each customer connection point. This study addresses the imperative for accurate electrical models, which are frequently unavailable, in evaluating the hosting capacity of electricity distribution networks. To meet this challenge, the proposed approach utilizes a deep neural network-based, data-driven model of a low-voltage electricity distribution network. This proposed methodology incorporates model-free elements, enhancing its adaptability and robustness. In addition, a comparative analysis between model-based and model-free hosting capacity assessment methods is presented, highlighting their respective strengths and weaknesses. The utilization of the proposed hosting capacity estimation model enables distribution network service providers to make well-informed decisions regarding grid planning, leading to cost minimization. [ABSTRACT FROM AUTHOR]

With a significant share of renewable power generation integrated into the power supply, it is crucial to timely adjust the regulating peak load for coal-fired power plants equipped with CO2 capture to ensure the stable operation of the multi-energy supply system. In this paper, the effects of varying boiler loads on the techno-economic performance of the retrofitted power plant were studied. Furthermore, the potential for reducing the cost of CO2 capture was investigated, and early opportunities for demonstration were discussed. Results showed that when the boiler load decreased from 100% turbine heat acceptance condition to 50% turbine heat acceptance condition, the cost of CO2 capture increased from 37.0 $/t CO2 to 57.0 $/t CO2, cost contribution of energy penalty and extra capital investment also increased from 20.6 $/t-CO2 to 25.7 $/t-CO2, and from 16.4 $/t-CO2 to 31.3 $/t-CO2, respectively. Furthermore, by improving separation efficiency from 0.15 to 0.5, a 25% to 30% reduction in CO2 capture cost can be achieved. The cost of CO2 capture could decrease by 42.2–50.5% when the cumulative capacity reaches 250 GW under the high investment learning rate scenario. According to the distribution of coal prices and renewable energy sources in China, the early demonstration projects of multi-energy supply systems should prioritize the northern region. The results of this work can provide informative references for making roadmaps and policies for CO2 emission reduction toward carbon neutrality. [ABSTRACT FROM AUTHOR]

The use of renewable energy sources to achieve carbon neutrality is increasing. However, the uncertainty and volatility of renewable resources are causing problems in power systems. Flexible and low-carbon resources such as Energy Storage Systems (ESSs) are essential for solving the problems of power systems and achieving greenhouse gas reduction goals. However, ESSs are not being installed because of Korea's fuel-based electricity market. To address this issue, this paper presents a method for determining the optimal investment timing of Battery Energy Storage Systems (BESSs) using the Least Squares Monte Carlo (LSMC) method. A case study is conducted considering the System Marginal Price (SMP) and Capacity Payment (CP), which are electricity rates in Korea. Revenue is calculated through the arbitrage of a 10 MW/40 MWh lithium-ion BESS, and linear programming optimization is performed for ESS scheduling to maximize revenue. The ESS revenue with uncertainty is modeled as a stochastic process using Geometric Brownian Motion (GBM), and the optimal time to invest in an ESS is determined using an LSMC simulation considering investment costs. The proposed method can be used as a decision-making tool for ESS investors to provide information on facility investments in arbitrage situations. [ABSTRACT FROM AUTHOR]

With the objectives of achieving "peak carbon" and "carbon neutrality", accurately quantifying the carbon emissions of road transportation becomes crucial. It is challenging to accurately describe the energy consumption of vehicles at both temporal and spatial scales from a macro perspective. Therefore, focusing on the quantitative model of vehicle micro energy consumption and road meso energy consumption, this paper reviewed and summarized the energy consumption model of road traffic in terms of data collection, quantification accuracy, and scope of application. Based on this analysis, this paper identifies the challenges of the current road traffic energy consumption model. Finally, we look forward to future research directions for studying quantitative models of energy consumption from road transportation. [ABSTRACT FROM AUTHOR]

Industrial parks, characterized by the clustering of multiple factories and interconnected energy sources, require optimized operational strategies for their Integrated Energy Systems (IES). These strategies not only aim to conserve energy for industrial users but also relieve the burden on the power supply, reducing carbon emissions. In this context, this paper introduces an optimization strategy tailored to clustered factories, considering the incorporation of carbon trading and supply chain integration throughout the entire production process of each factory. First, a workshop model is established for each factory, accompanied by an energy consumption model that accounts for the strict sequencing of the production process and supply chain integration. Furthermore, energy unit models are devised for the IES and then a low-carbon and economically optimized scheduling model is outlined for the IES within the industrial park, aiming to minimize the total operational cost, including the cost of carbon trading. Finally, case studies are conducted within a paper-making industrial park located in the Zhejiang Province. Various scenarios are compared and analyzed. The numerical results underscore the model's economic and low-carbon merits, and it offers technical support for energy conservation and emission reduction in paper-making fields. [ABSTRACT FROM AUTHOR]

The goals of carbon neutrality and peak carbon have officially been proposed; consequently, carbon dioxide utilization and sequestration technology are now in the limelight. Injecting carbon dioxide into reservoirs and solidifying and sequestering it in the form of carbonates after a series of geochemical reactions not only reduces carbon emissions but also prevents carbon dioxide from leaking out of the formation. Carbon dioxide mineralization sequestration, which has good stability, has been considered the best choice for large-scale underground CO2 sequestration. To provide a comprehensive exploration of the research and prospective advancements in CO2 mineralization sequestration within Chinese oil and gas reservoirs, this paper undertakes a thorough review of the mechanisms involved in CO2 mineralization and sequestration. Special attention is given to the advancing front of carbon dioxide mineralization, which is driven by microbial metabolic activities and the presence of carbonic anhydrase within oil and gas reservoirs. The paper presents an in-depth analysis of the catalytic mechanisms, site locations, and structural attributes of carbonic anhydrase that are crucial to the mineralization processes of carbon dioxide. Particular emphasis is placed on delineating the pivotal role of this enzyme in the catalysis of carbon dioxide hydration and the promotion of carbonate mineralization and, ultimately, in the facilitation of efficient, stable sequestration. [ABSTRACT FROM AUTHOR]

Global energy consumption has led to concerns about potential supply problems, energy consumption and growing environmental impacts. This paper comprehensively provides a detailed assessment of current studies on the subject of building integrated photovoltaic (BIPV) technology in net-zero energy buildings (NZEBs). The review is validated through various case studies, which highlight the significance of factors such as building surface area to volume ratio (A/V), window-wall ratio (WWR), glass solar heating gain coefficient (SHGC), and others in achieving the NZEBs standards. In addition, this review article draws the following conclusions: (1) NZEBs use renewable energy to achieve energy efficiency and carbon neutrality. (2) NZEBs implementation, however, has some limitations, including the negligence of indoor conditions in the analysis, household thermal comfort, and the absence of an energy supply and demand monitoring system. (3) Most researchers advise supplementing facade and window BIPV as solely roofing BIPV will not be able to meet the building's electricity usage. (4) Combining BIPV with building integrated solar thermal (BIST), considering esthetics and geometry, enhances outcomes and helps meet NZEB criteria. (5) BIPV designs should follow standards and learn from successful cases. However, to ascertain the long-term reliability and structural integrity of BIPV systems, a comprehensive study of their potential degradation mechanisms over extended periods is imperative. The review paper aims to examine BIPV applications in-depth, underscoring its pivotal role in attaining a net-zero energy benchmark. [ABSTRACT FROM AUTHOR]

This paper explores the role of electricity in the transition to renewable energy to mitigate climate change. A systematic literature review with the Scopus database identified 92 papers relevant to the renewable electricity transition. A PESTLE (Political, Economic, Sociological, Technological, Legal, and Environmental) review of the papers provided a multidisciplinary analysis. The Paris Agreement created a global movement for carbon neutrality to address the threats of climate change, calling for a transition to renewable electricity to lead the way and expand into new sectors and regions. Although smaller renewable technologies are ramping up, complexities thwarting the transition include locked-in assets, high upfront costs, variability of solar and wind energy, infrastructure, difficulty in decarbonizing transportation and industry, material resource constraints, and fossil fuel support. This research found that renewables are not replacing fossil fuels to date but adding further energy demands, so that greenhouse gas emissions rose in 2021 despite an increased renewable electricity share. Without a major shift in the trillions of dollars of subsidies and investment away from fossil fuels to renewables, catastrophic climate change is predicted. This paper found that the Paris Agreement's commitment to net-zero carbon and the transition to renewable electricity are undermined by record-high levels of subsidies and financing for fossil fuel industry expansion. Transitioning to a climate-neutral economy requires an investment away from fossil fuels into renewable energy ecosystems. Renewable electricity provides possibilities to realize sustainable development goals, climate stabilization, job creation, a green economy, and energy security with careful planning. [ABSTRACT FROM AUTHOR]

The construction industry has become one of the main drivers of the increase in carbon emissions and subsequent climate change. In this study, we focused on building carbon neutrality design and used CiteSpace V.6.2.R2 to conduct bibliometric analysis of published papers (2008–2023). After the initial screening, 280 pieces of relevant literature were obtained, including reviews, research papers, and case studies. Following further screening and excluding duplicate literature articles, 50 pieces of literature were ultimately selected as references for this paper, covering various aspects of key scientific issues, implementation approaches, and emerging research frontiers in carbon-neutral design for buildings. The research results show that significant progress has been made in energy conservation, materials, structures, systems, and operations in the research on carbon-neutral design for buildings. However, there are still issues, such as unclear implementation paths for carbon-neutral design, incomplete lifecycle assessment of carbon-neutral design, and high cost of carbon neutrality technologies in current research. Therefore, further research on the overall concept of carbon-neutral design, the progress and implementation of carbon neutrality technologies, and the integration of carbon-neutral design with sustainable development concepts are necessary. To sum up, this paper presents a thorough overview of the advancements in carbon-neutral design for buildings, examines the existing research challenges, and suggests potential avenues for future research. This paper's findings can provide guidance for researchers, policymakers, and practitioners to promote the development and application of carbon-neutral design for buildings and to achieve sustainable development goals. [ABSTRACT FROM AUTHOR]

This paper presents a power quality analysis for multiple electric vehicle charging stations of the AC-Level 2 type in a real-life case study. The data was collected with a power quality analyzer that measured the main distribution system feeding nine 7 kW charging stations in a commercial site with light-duty vehicles in Malta, Europe. The relevance of this study to the specific case of Malta is accentuated by the topological challenges of the country; high density of road vehicles, with 18,000 vehicles for each square kilometer; and ambitious targets of reaching carbon neutrality by 2050. Data were collected over six days on an actual charging system with real-life charging patterns. Various results are presented in this paper, including three-phase system voltages and currents, individual harmonic voltage and current components, total harmonic distortion and total current demand distortion. These measurements were compared with standardized thresholds for low-voltage equipment used in public spaces, mainly as stated in IEEE 519-2014. [ABSTRACT FROM AUTHOR]

The liberalization of energy retail markets empowered consumers with the ability to be part of new emerging entities, such as Citizen Energy Communities. With the increasing penetration of decentralized variable generation, communities have the advantage of incentive local carbon neutrality and sustainability. Local generation reduces transport grid usage and costs to consumers. Furthermore, worldwide legislation incentives energy communities by providing them discounts to other fee parts of the tariff apart from wholesale prices. This paper presents a model of strategic behavior, investment, and trading of energy communities. The model comprises the investment in local renewable generation, the design of competitive tariffs, and strategic bidding on wholesale markets. Consumers have an optimization model that selects the retail tariff that minimizes their costs with energy. These models are tested using data from Portuguese consumers and the Iberian electricity market. Results from the study indicate that inflexible consumers may reduce their costs by 29% by being part of the community. Furthermore, they have the potential to reduce their costs above 50% when using demand–response, adapting themselves to local production and wholesale prices. [ABSTRACT FROM AUTHOR]

Frequency response performance in power systems is becoming vulnerable due to the transition toward the higher penetration of renewable energy such as achieving carbon neutrality. In particular, reducing power system inertia energy as the asynchronous generation increases could result in violating the frequency stability constraint when a disturbance occurs in the power systems. In order to control the rapidly fluctuating frequency of the power system with low inertia, it is necessary to introduce fast frequency response resources such as a Battery Energy Storage System (BESS). This paper proposes a method to calculate the required capacity of BESS for compensating the frequency control performance of the power system using inertia energy. For calculating the required capacity of BESS, the inertia energy in the critical power system, where frequency control performance marginally satisfies frequency stability constraint, should be calculated. Also, the inertia energy in the evaluated power system having deficit inertia energy should be calculated. By comparing power systems that respond with different dynamics when the same disturbance occurs, the proposed calculation corresponds to the ratio of inertia energy deficiency based on critical power system inertia energy within the power imbalance. Through various case studies employing Korean power systems, the effectiveness of the inertia energy-based calculation method for the required BESS is verified by the fact that the BESS integrated power system marginally satisfies the frequency stability constraint. In these study cases, it is found that the instant response of BESS is very effective for compensating the frequency control performance of the low inertia power system. By applying the proposed method, it is also found that about 840 MW of BESS can achieve carbon neutrality in the Korean power system. [ABSTRACT FROM AUTHOR]

This paper presents a quantitative assessment of the value of hydroelectric power plants (HPPs) in power systems with a significant penetration of variable renewable energy sources (VRESs). Through a capacity expansion planning (CEP) model that incorporates a detailed representation of HPP operating principles, the study investigates the construction and application of HPP rule curves essential for seasonal operation. A comparative analysis is also conducted between the proposed rule curve formulation and alternative modeling techniques from the literature. The CEP model optimizes installed capacities per technology to achieve predefined VRES penetration targets, considering hourly granularity and separate rule curves for each HPP. A case study involving twelve reservoir hydropower stations and two open-loop pumped hydro stations is examined, accounting for standalone plants and cascaded hydro systems across six river basins. The study evaluates the additional generation and storage required to replace the hydropower fleet under high VRES penetration levels, assessing the resulting increases in total system cost emanating from introducing such new investments. Furthermore, the study approximates the storage capabilities of HPPs and investigates the impact of simplified HPP modeling on system operation and investment decisions. Overall, the findings underscore the importance of reevaluating hydro rule curves for future high VRES penetration conditions and highlight the significance of HPPs in the energy transition towards carbon neutrality. [ABSTRACT FROM AUTHOR]

Wave energy, as a significant renewable and clean energy source with vast global reserves, exhibits no greenhouse gas or other pollution during real-sea operational conditions. However, throughout the entire lifecycle, wave energy convertors can produce additional CO2 emissions due to the use of raw materials and emissions during transportation. Based on laboratory test data from a wave energy convertor model, this study ensures consistency between the model and the actual sea-deployed wave energy convertors in terms of performance, materials, and geometric shapes using similarity criteria. Carbon emission factors from China, the European Union, Brazil, and Japan are selected to predict the carbon emissions of wave energy convertors in real-sea conditions. The research indicates: (1) The predicted carbon emission coefficient for unit electricity generation ( E F co 2 ) of wave energy is 0.008–0.057 kg CO2/kWh; when the traditional steel production mode is adopted, the E F co 2 in this paper is 0.014–0.059 kg CO2/kWh, similar to existing research conclusions for the emission factor of CO2 for wave energy convertor (0.012–0.050 kg CO2/kWh). The predicted data on carbon emissions in the lifecycle of wave energy convertors aligns closely with actual operational data. (2) The main source of carbon emissions in the life cycle of a wave energy converter, excluding the recycling of manufacturing metal materials, is the manufacturing stage, which accounts for 90% of the total carbon emissions. When the recycling of manufacturing metal materials is considered, the carbon emissions in the manufacturing stage are reduced, and the carbon emissions in the transport stage are increased, from about 7% to about 20%. (3) Under the most ideal conditions, the carbon payback period for a wave energy convertor ranges from 0.28 to 2.06 years, and the carbon reduction during the design lifespan (20 years) varies from 238.33 t CO2 (minimum) to 261.80 t CO2 (maximum). [ABSTRACT FROM AUTHOR]

Several northern European countries have announced ambitious plans to become carbon neutral already before the year 2050. Recent research has, however, highlighted how potential bottlenecks in raw material and resource availability could significantly delay or hinder wind and solar photovoltaic (PV) expansion and continued biomass usage in parts of Europe. To address this issue, this paper assesses how exposed the national energy and climate plans (NECPs) of Finland, Estonia, Germany, Sweden, and Denmark are to resource limitations and techno-economic risks by reviewing and analysing 2030 NECP targets compared to statistical energy use data in these countries. The results indicate that the NECPs of Denmark and Germany are particularly exposed to risks related to global raw material availability, as Denmark plans to rapidly grow the share of wind and solar PV in electricity generation to 81% and 13% by 2030, respectively, followed by Germany, which outlines a 39% and 16% share of wind and solar PV in its national climate strategy. The NECPs of Finland and Germany are also shown to be vulnerable to limitations in biomass availability, as there is a significant disparity between the projected biomass usage and legally binding European Union (EU) targets for land use, land use change, and forestry (LULUCF) sector emissions in 2030 in these countries. [ABSTRACT FROM AUTHOR]

Carbon dioxide, the leading contributor to anthropogenic climate change, is released mainly via fossil fuel combustion, mostly for energy generation. Carbon capture technologies are employed for reducing the emissions from existing huge point sources, along with capturing them from direct air, to reduce the existing concentration. This paper provides a quantitative analysis of the various subtypes of carbon capture technologies with the aim of providing an assessment of each from technological, social, geo-political, economic, and environmental perspectives. Since the emissions intensity and quantity, along with the social–political–economic conditions, vary in different geographic regions, prioritising and finding the right type of technology is critical for achieving ambitious net-zero targets. Four main types of carbon capture technology were analysed (adsorption, absorption, membrane, and cryogenic) under four scenarios depending on the jurisdiction. The Technique for Order of Preference by Similarity to Ideal Solution (also known as the TOPSIS method) was used to establish a quantitative ranking of each, where weightages were allocated according to the emissions status and economics of each depending on the jurisdiction. Furthermore, forecasting the trends for technology types vis à vis carbon neutral targets between 2040 and 2050 was carried out by applying regression analysis on existing data and the emissions footprint of major contributing countries. The study found the membrane score to be the highest in the TOPSIS analysis in three of the four scenarios analysed. However, absorption remains the most popular for post-combustion capture despite having the highest energy penalty per ton of CO2 capture. Overall, capture rates are well short of projections for carbon neutrality; the methodology put forward for prioritising and aligning appropriate technologies and the region-by-region analysis will help highlight to technocrats, governments, and policymakers the state of the art and how to best utilise them to mitigate carbon emissions—critical in achieving the net-zero goals set at various international agreements on climate change. [ABSTRACT FROM AUTHOR]

With the continuous development of global economic and trade activities, environmental problems have become an important factor restricting the sustainable development of all countries. How to realize the coordinated development of international trade and environmental protection has become a major issue facing the international community. Since China joined the WTO, its share of international trade has been increasing continuously. In order to deeply analyze the influence of international carbon emission trading policy on domestic carbon emissions, we use an input–output model and a GTAP analysis method to theoretically calculate the carbon emissions of the international trade of various departments in Shandong Province. At the same time, the implicit carbon emission index of various industries in 2022 is calculated through the direct energy consumption coefficient. The results show that there are significant differences in the impact of the carbon tariff system on different industries. In terms of the carbon emission index, the food processing industry showed a decrease of 18.99 Mt, while the implied carbon emission of the tobacco, textile and leather manufacturing industry reached 30.56 Mt due to the continuous expansion of trade scale. In contrast, the implied carbon emission level of the metal product processing industry reached 5.3 Mt, while the carbon emission of traditional trading industries such as coal mining was almost unaffected by international trade, and its carbon emission index reached the highest level of 5.89 in 2020. In terms of trade impact, high-trade industries such as the food processing industry are significantly affected by the carbon tariff policy, and their share has dropped from 5.89% to 3.95% in the past decade. The carbon emissions generated by GDP growth established by the GTAP model are more convincing. This model can directly reflect the energy efficiency of a region from the side. Based on the present situation of international trade, this paper analyzes the inequality of the current carbon tariff system, and puts forward some policies to optimize the energy structure to reduce carbon emissions and expand domestic demand to reduce the dependence on international trade. Through the GTAP model, we put forward policy suggestions to optimize the energy structure to reduce carbon emissions and the dependence on international trade by expanding domestic demand. [ABSTRACT FROM AUTHOR]

Corporate greenwashing in response to carbon neutrality strategies has received substantial academic attention. Distinct from previous studies, this paper establishes a differential game model incorporating both green and brown enterprise types. The model compares greenness and total profits under two government scenarios: subsidies for green enterprises and the regulation of brown enterprises. It further analyzes the mechanism behind brown enterprise greenwashing formation. The results show that subsidies alone encourage brown enterprises to engage in greenwashing. However, government regulation inhibits such behaviors, with the inhibition effect positively correlated to regulatory intensity. Consumers' green perception of enterprises also significantly drives brown enterprise greenwashing degrees. Higher green enterprise perception coefficients reduce greenwashing, while higher brown enterprise perception coefficients increase it. Differential game and simulation analyses reveal that greenwashing governance should consider both direct policy effects on brown enterprises and indirect subsidy effects on green enterprises. [ABSTRACT FROM AUTHOR]

This paper proposes a practical framework for developing a net-zero electricity mix scenario (NEMS), which considers detailed conditions for supply of each energy. NEMS means a path scenario for power generation amount by year of each generation resource required to achieve carbon neutrality in 2050. NEMS framework refers to a methodological framework that contains procedures and requirements to continuously update the NEMS by comprehensively reflecting policy changes. For evaluation of NEMS, indicators such as a system inertia resource ratio (SIRR) and a fuel conversion rate (FCR) are proposed. The proposed framework and indicators are applied for the 2050 NEMS in Korea's electricity sector. The SIRR, indicating the ratio of inertial resources to total resources, projects values of 49% and 15% for the years 2030 and 2050, respectively. Furthermore, the FCR, reflecting the ratio of fuel conversion for resources undergoing this process, predicts that all targeted resources will have completed conversion by the year 2043. [ABSTRACT FROM AUTHOR]

In pursuit of China's goals for carbon peak and carbon neutrality, wind turbines are continually evolving to achieve a lower levelized cost of energy. The primary technological focus in the wind power industry is on large-scale, lightweight designs for entire turbines to enhance cost competitiveness. However, this advancement has led to an increased risk of blade fractures under extreme operating conditions. This paper addresses this challenging issue by using geometrically exact beam theory to develop a nonlinear simulation model for long, flexible blades. The model accounts for sudden changes in blade properties at the moment of failure, covering both the extensive motions and deformations of the fractured blade. The validation of the proposed model is carried out by comparing the results from power production cases with bladed simulations and further validating the simulations of blade fracture load cases against measurement data. The methodologies and findings presented in this study offer valuable insights for diagnosing faults in wind turbines. [ABSTRACT FROM AUTHOR]

The introduction of distributed generation (DG) into distribution systems is expanding due to carbon neutral policies. DG with intermittent output characteristics brings frequent voltage variations in distribution systems. Generally, a step voltage regulator (SVR) is installed in the long distribution line and controls its voltage, which has limits of stable voltage regulations due to the slow tap-changing rate, switching losses, and short life span. To solve those problems, this paper proposes an IGBT-based SVR using zero-voltage switching. It is verified that the stable operation can be obtained through simulation by PSCAD/EMTDC 4.6 software and empirical experiments. [ABSTRACT FROM AUTHOR]

A decade after the publication of seminal papers on personal carbon trading (PCT), few empirical studies on its implementation exist. Investigating how to design, set up and implement a PCT scheme for a community or country raises several difficulties. For instance, it is unclear how to introduce a reduction rate of CO2 allowances to ensure a steady decrease in CO2 emissions from households. Computational approaches have been introduced to address these challenges of PCT by providing an opportunity to test counterfactual scenarios. Among the benefits of an agent-based modeling approach (ABM) is the potential to directly address dynamic developments and introduce counterfactual situations. In this paper, we review existing modeling approaches and present an ABM for PCT. With simulations of an artificial population of 1000 and 30,000 agents, we address questions on the price and reduction rate of allowances. A key contribution of our model is the inclusion of an adaptive reduction rate, which reduces the yearly allocated amount of allowances depending on a set CO2 abatement target. The results confirm that increased emissions targets are related to higher allowance prices and a higher proportion of buying households. Our analysis also suggests a significant path dependence in the dynamics of allowance prices and availability, but that adaptive reduction rates have little impact on outcomes other than the price. We discuss data availability and computational challenges to modeling a PCT scheme with an ABM. Ideal data to populate an ABM on PCT are not available due to the lack of real-world implementations of a PCT. Nonetheless, meaningful insights about the dynamics and the focal variables in a PCT scheme can be generated by the exploratory use of an ABM. [ABSTRACT FROM AUTHOR]

The launch of the national carbon emissions trading (CET) market has resulted in a closer relationship between China's CET market and its electricity market, making it easy for risks to transfer between markets. This paper utilizes data from China's CET market and electric power companies between 2017 and 2023 to construct the spillover index model of Diebold and Yilmaz, the frequency-domain spillover approach developed by Barun'ik and Křehl'ik, and a minimum spanning tree model. The comparison is made before and after the launch of the national CET market. Subsequently, this paper examines the market spillover effects, as well as the static and dynamic properties of network structures, considering both the time domain and frequency-domain perspectives. The research findings suggest the following: (1) There is a strong risk spillover effect between China's CET market and the stock prices of electric power companies; (2) There is asymmetry in the paired spillover effects between carbon trading pilot markets and the national CET market, and differences exist in the impact of risk spillovers from power companies between the two; (3) The results of the MST model indicate that the risk contagion efficiency is higher in the regional CET pilot stage compared to the national CET market launch stage, with significant changes occurring in key nodes before and after the launch of the national CET market; (4) Both the dynamic spillover index and the standardized tree length results demonstrate that crisis events can worsen the risk contagion between markets. Besides offering a theoretical foundation and empirical evidence for the development of China's CET and electricity markets, the findings of this paper can provide recommendations for financial market participants as well. [ABSTRACT FROM AUTHOR]

In accordance with South Korea's recent 2030 Carbon Neutral Plan, an 8GW offshore wind farm is planned for construction in the South-west Sea. Therefore, it is expected that large-scale wind turbines will be installed, and these turbines must operate stably, even when there are instantaneous voltage fluctuations in the power system. The grid code is described for the low-voltage-ride-through (LVRT) and high-voltage-ride-through (HVRT) functions, and a test facility that can perform both LVRT and HVRT tests is essential. In the case of LVRT/HVRT test facilities developed by the existing RLC (impedance component) method, it may be difficult to test large-scale wind turbines due to problems such as power quality, frequent failures and narrow short-circuit capacity ranges. Therefore, to solve such problems, this paper proposes an LVRT/HVRT test facility of the autotransformer type, which is capable of outputting the desired voltage range by changing the wiring method and tap position. Specifically, in order to implement the test facility of the autotransformer type, which is able to output the desired voltage range by changing the wiring method and tap according to the LVRT/HVRT test status, this paper presents an impedance determination algorithm (two-step layer impedance determination algorithm) of auto-transformer based on the fault-current analysis and operation strategy at a real LVRT/HVRT testing evaluation facility. [ABSTRACT FROM AUTHOR]

In order to enhance the carbon emission reduction capability and economy of the microgrid, a capacity optimization configuration method considering laddered carbon trading and demand response is proposed for a grid-connected microgrid consisting of photovoltaic, battery and hydrogen storage devices. Combined with the mathematical model and system structure of each unit in the microgrid, the integrated operation control strategy is determined in this paper. A demand response model containing three load types is developed to reduce the stress on the storage and generation side. A carbon-trading mechanism is introduced into the operating costs to establish a configuration model with annual overall profit and power supply reliability as the optimization objectives. The non-dominated sorting genetic algorithm II is used to optimize the capacity of each unit, and the effectiveness of this model is verified by taking a microgrid in a region in Northwest China as an example to analyze the impacts of ladder carbon trading and demand response on the configuration results and system operation. [ABSTRACT FROM AUTHOR]