Electrification and carbon storage route

How to promote re development under electrification?

4) Electrification with carbon tax and subsidy to RE storage leads to greater CO 2 mitigation and less subsidy to RE storage, better economic performance in CTSE compared to other scenarios, showing vital role of ITC in RE and power storage. 5) Promoting the LBD process is an efficient way to encourage RE development under electrification. 1.

Does CCUS affect energy storage in low-carbon electricity?

Liu et al. (2023) find positive relationship between CCUS and energy storage in low-carbon electricity. The soaring demand of RE requires improvement on storage for stable power supply, however, CCUS is a promising solution to carbon abatement avoiding exacerbating volatile grid.

How does electrification affect a low-carbon economy?

Thus, electrification forces the rapid development of wind and solar power, which accelerates their ITC, including storage. Electrification increases the demand for electricity; however, it is not easy to achieve a low-carbon economy without a carbon tax, which is proved in ELE.

How does electrification affect energy consumption?

Electrification increases the demand for replacing fossil fuels with electricity in energy consumption. The supply of wind and solar energy faces the challenge of the high cost of storage, resulting from the soaring demand for clean electricity under the structural energy transformation. Fig. 1 demonstrates the overall framework of our model.

How can we achieve deep decarbonization?

For achieving deep decarbonization, the ambitious net-zero emissions (NZE), large-scale deployment of renewables demand storage, with hydrogen as a prominent chemical storage alternative, and carbon capture & storage (CCS) for hard-to-electrify sectors.

Does the distribution of carbon storage converge with central urban districts?

The kernel density analysis of carbon storage in each district of Shanghai’s terrestrial areas revealed that from 2000 to 2020, the distribution of carbon storage in the peripheral urban districts gradually converged with that of the central urban districts.