Heterogeneous impacts of multi-energy power generation on carbon emissions: evidence from China's provincial data

Abstract

The goals of carbon peak and carbon neutrality have put forward higher requirements for the low-carbon development of power supply. This paper discusses the impacts of multi-energy power generation on carbon emissions for 30 regions in China and proposes low-carbon development suggestions for the electric power industry. The research found that firstly there is a significant strong positive correlation between thermal power and carbon emissions in most regions of China, so the carbon emission reduction of power supply should still focus on thermal power. Secondly, wind power and photovoltaic power have positive effects or negative effects on carbon emissions in different regions. But combined with the analysis results in regions with the rapid development of wind power or photovoltaic power, it could be found that wind power and photovoltaic power contributed to reducing carbon emissions when they developed to a certain scale. It is proposed to speed up the construction of wind power and photovoltaic power in regions with rich wind resources or solar resources such as Inner Mongolia, Xinjiang, Liaoning, and Gansu. Thirdly, hydropower and nuclear power both have negative effects on carbon emissions. Considering the large demand for electricity in coastal regions where nuclear power is located, it is suggested that coastal regions should gradually promote the construction and application of nuclear power on the basis of safety.

Keywords: Carbon emissions of production and supply of electric power, steam and hot water; Heterogeneous impacts; Multi-energy power generation; Panel data analysis.