Economics at your fingertips  

Developing an optimal renewable electricity generation mix for China using a fuzzy multi-objective approach

Shiwei Yu, Shuangshuang Zhou, Shuhong Zheng, Zhenxi Li and Lancui Liu

Renewable Energy, 2019, vol. 139, issue C, 1086-1098

Abstract: To achieve China’s 2030 goals for renewable energy development, this paper proposes a constrained fuzzy multi-objective optimization (FMO) model to obtain the optimal generation mix of four kinds of renewable power: hydropower, wind power, photovoltaic (PV) power, and biomass power. The optimization results show that a) the optimal mix of accumulated installed capacity of renewable energy in China from 2017 to 2022 is hydropower > wind > PV > biomass, while that from 2023 to 2030 is PV > hydropower > wind > biomass; b) the accumulated installed capacity of PV has the fastest growth between 2017 and 2030, and PV power will replace hydropower as the largest renewable power source in 2023. However, hydropower remains the largest renewable power through 2030 in terms of on-grid power generation; c) these four kinds of renewable power generation can eliminate 34.9–37.5 billion tonnes of CO2 emissions by replacing coal-fired power generation, with hydropower contributing the most to the reduction; and d) Investment cost per kilowatt or the rate of power curtailment is not sensitive factor for optimal cumulative installed capacity. The results mean that China should promote PV power generation in a rapid but systematic manner while continuing to develop hydropower.

Keywords: Electricity generation mix; Optimization; Renewable electricity; Fuzzy multi-objective; Carbon emissions reduction (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides

More articles in Renewable Energy from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-09-19
Handle: RePEc:eee:renene:v:139:y:2019:i:c:p:1086-1098