IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v272y2023ics0360544223005595.html
   My bibliography  Save this article

Role of CO2 geological storage in China's pledge to carbon peak by 2030 and carbon neutrality by 2060

Author

Listed:
  • Zhong, Zhiqi
  • Chen, Yongqiang
  • Fu, Meiyan
  • Li, Minzhen
  • Yang, Kaishuo
  • Zeng, Lingping
  • Liang, Jing
  • Ma, Rupeng
  • Xie, Quan

Abstract

To navigate pathways for China's decarbonizing pledge, in this study, we investigated the energy consumption and CO2 emissions of China, and examined the potential of CO2 subsurface storage capacity with source-basin mapping. The results show that China's energy demand will keep increasing and reach 155,495 PJ in 2050. The annual CO2 emissions may peak at 9.8 Gt in 2025–2030 with about 377 Gt in total between 1990 and 2060. A national geological survey shows that 66.74% of geological basin spaces are onshore in China with 93.89% saline aquifers. Carbon capture and storage (CCS) for onshore basins can store 448 Gt CO2 in the most promising basin spaces (51 × 104km2) in China, which is sufficient to permanently store CO2 produced from 1990 to 2060 (377 Gt). A CO2 source-basin mapping suggests three scenarios based on the potential subsurface storage spaces, their locations from nearby CO2 emitters, and the economic feasibility. The CCS cost of China in equipment and material aspects is estimated 20% less than the US gulf coast, and the labor prices are the lowest in compared regions. Four phases are recommended for the CCS development, where the Ordos Basin is believed as the most potential region in all phases.

Suggested Citation

  • Zhong, Zhiqi & Chen, Yongqiang & Fu, Meiyan & Li, Minzhen & Yang, Kaishuo & Zeng, Lingping & Liang, Jing & Ma, Rupeng & Xie, Quan, 2023. "Role of CO2 geological storage in China's pledge to carbon peak by 2030 and carbon neutrality by 2060," Energy, Elsevier, vol. 272(C).
    • Handle: RePEc:eee:energy:v:272:y:2023:i:c:s0360544223005595
    DOI: 10.1016/j.energy.2023.127165
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544223005595
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.energy.2023.127165?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Sencer Atasoy, Burak, 2017. "Testing the environmental Kuznets curve hypothesis across the U.S.: Evidence from panel mean group estimators," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 731-747.
    2. Nick Johnstone & Ivan Haščič & David Popp, 2010. "Renewable Energy Policies and Technological Innovation: Evidence Based on Patent Counts," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 45(1), pages 133-155, January.
    3. Liu, Hengwei & Gallagher, Kelly Sims, 2010. "Catalyzing strategic transformation to a low-carbon economy: A CCS roadmap for China," Energy Policy, Elsevier, vol. 38(1), pages 59-74, January.
    4. Shahbaz, Muhammad & Shafiullah, Muhammad & Papavassiliou, Vassilios G. & Hammoudeh, Shawkat, 2017. "The CO2–growth nexus revisited: A nonparametric analysis for the G7 economies over nearly two centuries," Energy Economics, Elsevier, vol. 65(C), pages 183-193.
    5. Smriti Mallapaty, 2020. "How China could be carbon neutral by mid-century," Nature, Nature, vol. 586(7830), pages 482-483, October.
    6. Awaworyi Churchill, Sefa & Inekwe, John & Smyth, Russell & Zhang, Xibin, 2019. "R&D intensity and carbon emissions in the G7: 1870–2014," Energy Economics, Elsevier, vol. 80(C), pages 30-37.
    7. Liu, Chong & Wu, Wen-Ze & Xie, Wanli & Zhang, Jun, 2020. "Application of a novel fractional grey prediction model with time power term to predict the electricity consumption of India and China," Chaos, Solitons & Fractals, Elsevier, vol. 141(C).
    8. Julianne DeAngelo & Inês Azevedo & John Bistline & Leon Clarke & Gunnar Luderer & Edward Byers & Steven J. Davis, 2021. "Energy systems in scenarios at net-zero CO2 emissions," Nature Communications, Nature, vol. 12(1), pages 1-10, December.
    9. Zhang, Kai & Lau, Hon Chung & Bokka, Harsha Kumar & Hadia, Nanji J., 2022. "Decarbonizing the power and industry sectors in India by carbon capture and storage," Energy, Elsevier, vol. 249(C).
    10. Xu, Ning & Ding, Song & Gong, Yande & Bai, Ju, 2019. "Forecasting Chinese greenhouse gas emissions from energy consumption using a novel grey rolling model," Energy, Elsevier, vol. 175(C), pages 218-227.
    11. Huan Wang & Wenying Chen & Hongjun Zhang & Nan Li, 2020. "Modeling of power sector decarbonization in China: comparisons of early and delayed mitigation towards 2-degree target," Climatic Change, Springer, vol. 162(4), pages 1843-1856, October.
    12. Xu, Guangyue & Wang, Weimin, 2020. "China’s energy consumption in construction and building sectors: An outlook to 2100," Energy, Elsevier, vol. 195(C).
    13. Samma Faiz Rasool & Mansi Wang & Minze Tang & Amir Saeed & Javed Iqbal, 2021. "How Toxic Workplace Environment Effects the Employee Engagement: The Mediating Role of Organizational Support and Employee Wellbeing," IJERPH, MDPI, vol. 18(5), pages 1-17, February.
    14. Shafiee, Shahriar & Topal, Erkan, 2009. "When will fossil fuel reserves be diminished?," Energy Policy, Elsevier, vol. 37(1), pages 181-189, January.
    15. Weng, Yuwei & Cai, Wenjia & Wang, Can, 2021. "Evaluating the use of BECCS and afforestation under China’s carbon-neutral target for 2060," Applied Energy, Elsevier, vol. 299(C).
    16. Jianhui Jian & Xiaojie Fan & Pinglin He & Hao Xiong & Huayu Shen, 2019. "The Effects of Energy Consumption, Economic Growth and Financial Development on CO 2 Emissions in China: A VECM Approach," Sustainability, MDPI, vol. 11(18), pages 1-16, September.
    17. Zhang, Kai & Lau, Hon Chung & Liu, Shuyang & Li, Hangyu, 2022. "Carbon capture and storage in the coastal region of China between Shanghai and Hainan," Energy, Elsevier, vol. 247(C).
    18. Yang, Chuxiao & Hao, Yu & Irfan, Muhammad, 2021. "Energy consumption structural adjustment and carbon neutrality in the post-COVID-19 era," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 442-453.
    19. Jiang, Kai & Ashworth, Peta & Zhang, Shiyi & Liang, Xi & Sun, Yan & Angus, Daniel, 2020. "China's carbon capture, utilization and storage (CCUS) policy: A critical review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 119(C).
    20. Wang, Peng-Tao & Wei, Yi-Ming & Yang, Bo & Li, Jia-Quan & Kang, Jia-Ning & Liu, Lan-Cui & Yu, Bi-Ying & Hou, Yun-Bing & Zhang, Xian, 2020. "Carbon capture and storage in China’s power sector: Optimal planning under the 2 °C constraint," Applied Energy, Elsevier, vol. 263(C).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Su, Erlei & Liang, Yunpei & Chen, Xiangjun & Wang, Zhaofeng & Ni, Xiaoming & Zou, Quanle & Chen, Haidong & Wei, Jiaqi, 2023. "Relationship between pore structure and mechanical properties of bituminous coal under sub-critical and super-critical CO2 treatment," Energy, Elsevier, vol. 280(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hu, Yingying & Wu, Wei, 2023. "Can fossil energy make a soft landing？— the carbon-neutral pathway in China accompanying CCS," Energy Policy, Elsevier, vol. 174(C).
    2. Awaworyi Churchill, Sefa & Inekwe, John & Ivanovski, Kris & Smyth, Russell, 2020. "The Environmental Kuznets Curve across Australian states and territories," Energy Economics, Elsevier, vol. 90(C).
    3. Shahbaz, Muhammad & Nasir, Muhammad Ali & Hille, Erik & Mahalik, Mantu Kumar, 2020. "UK's net-zero carbon emissions target: Investigating the potential role of economic growth, financial development, and R&D expenditures based on historical data (1870–2017)," Technological Forecasting and Social Change, Elsevier, vol. 161(C).
    4. Mehmet Akif, Destek & Muhammad, Shahbaz & Ilyas, Okumus & Shawkat, Hammoudeh & Avik, Sinha, 2020. "The relationship between economic growth and carbon emissions in G-7 countries: evidence from time-varying parameters with a long history," MPRA Paper 100514, University Library of Munich, Germany, revised Apr 2020.
    5. Ning Xiang & Limao Wang & Shuai Zhong & Chen Zheng & Bo Wang & Qiushi Qu, 2021. "How Does the World View China’s Carbon Policy? A Sentiment Analysis on Twitter Data," Energies, MDPI, vol. 14(22), pages 1-17, November.
    6. Zhao, Wei & Liu, Yishu & Huang, Lihua, 2022. "Estimating environmental Kuznets Curve in the presence of eco-innovation and solar energy: An analysis of G-7 economies," Renewable Energy, Elsevier, vol. 189(C), pages 304-314.
    7. Shahbaz, Muhammad & Nasir, Muhammad Ali & Roubaud, David, 2018. "Environmental degradation in France: The effects of FDI, financial development, and energy innovations," Energy Economics, Elsevier, vol. 74(C), pages 843-857.
    8. Zhang, Dan & Zheng, Mingbo & Feng, Gen-Fu & Chang, Chun-Ping, 2022. "Does an environmental policy bring to green innovation in renewable energy?," Renewable Energy, Elsevier, vol. 195(C), pages 1113-1124.
    9. Caravaggio, Nicola, 2020. "Economic growth and the forest development path: A theoretical re-assessment of the environmental Kuznets curve for deforestation," Forest Policy and Economics, Elsevier, vol. 118(C).
    10. Zhu, Zhishuang & Liao, Hua & Liu, Li, 2021. "The role of public energy R&D in energy conservation and transition: Experiences from IEA countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 143(C).
    11. Jie Gao & Wu Zhang & Chunbaixue Yang & Qun Wang & Rui Yuan & Rui Wang & Limiao Zhang & Zhijian Li & Xiaoli Luo, 2023. "A Comparative Study of China’s Carbon Neutrality Policy and International Research Keywords under the Background of Decarbonization Plans in China," Sustainability, MDPI, vol. 15(17), pages 1-23, August.
    12. Tan, Zhizhou & Zeng, Xianhai & Lin, Boqiang, 2023. "How do multiple policy incentives influence investors’ decisions on biomass co-firing combined with carbon capture and storage retrofit projects for coal-fired power plants?," Energy, Elsevier, vol. 278(PB).
    13. Gozgor, Giray & Tiwari, Aviral Kumar & Khraief, Naceur & Shahbaz, Muhammad, 2019. "Dependence structure between business cycles and CO2 emissions in the U.S.: Evidence from the time-varying Markov-Switching Copula models," Energy, Elsevier, vol. 188(C).
    14. Song, Xiaoxin & Li, Rongrong, 2023. "Tracing and excavating critical paths and sectors for embodied energy consumption in global supply chains: A case study of China," Energy, Elsevier, vol. 284(C).
    15. Tobias Wendler & Daniel Töbelmann & Jutta Günther, 2019. "Natural resources and technology - on the mitigating effect of green tech," Bremen Papers on Economics & Innovation 1905, University of Bremen, Faculty of Business Studies and Economics.
    16. Churchill, Sefa Awaworyi & Inekwe, John & Ivanovski, Kris & Smyth, Russell, 2018. "The Environmental Kuznets Curve in the OECD: 1870–2014," Energy Economics, Elsevier, vol. 75(C), pages 389-399.
    17. Jia, Zhijie & Lin, Boqiang & Wen, Shiyan, 2022. "Electricity market Reform: The perspective of price regulation and carbon neutrality," Applied Energy, Elsevier, vol. 328(C).
    18. Shafiullah, Muhammad & Miah, Mohammad Dulal & Alam, Md Samsul & Atif, Muhammad, 2021. "Does economic policy uncertainty affect renewable energy consumption?," Renewable Energy, Elsevier, vol. 179(C), pages 1500-1521.
    19. Hon Chung Lau & Steve C. Tsai, 2022. "A Decarbonization Roadmap for Taiwan and Its Energy Policy Implications," Sustainability, MDPI, vol. 14(14), pages 1-34, July.
    20. Shu, Haicheng & Wang, Yu & Umar, Muhammad & Zhong, Yifan, 2023. "Dynamics of renewable energy research, investment in EnvoTech and environmental quality in the context of G7 countries," Energy Economics, Elsevier, vol. 120(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:272:y:2023:i:c:s0360544223005595. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.