Measurement and Promotion Strategy of China’s Power System Regulation Capacity

Zhengyuan Zhai, Lei Zhang () and Xiaochao Hou
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Zhengyuan Zhai: School of Economics and Management, China University of Mining and Technology, Xuzhou 221116, China
Lei Zhang: School of Economics and Management, China University of Mining and Technology, Xuzhou 221116, China
Xiaochao Hou: School of Economics and Management, China University of Mining and Technology, Xuzhou 221116, China

Sustainability, 2023, vol. 15, issue 13, 1-22

Abstract: Power system regulation capacity is the key factor affecting the development and consumption of renewable energy. Based on China’s policy to promote the consumption of renewable energy, this paper constructs an evaluation index system of power system regulation capability covering four dimensions: the supply side, grid side, load side, and support system. The entropy method is used to measure the power system regulation capability of 30 provinces during the 13th Five-Year Plan period. The results showed: (1) The national average power system regulation capacity index is 0.18, and only less than one-third of provinces scored higher than the average. (2) The contribution of each dimension is significantly different, and the supply side regulation capability was the highest (0.315). The regulation capability of the eastern region is stronger than that of the central region and the western region. From the perspective of subdivided fields, this study focuses on exploring five areas of power system regulation capacity construction, including electric vehicle energy storage, thermal power flexibility, regional power grid regulation, electric vehicle market, and grid construction, to tap greater development potential.

Keywords: power system regulating capacity; entropy method; regional heterogeneity; renewable energy consumption policies; environmental sustainability (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
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