IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i4p2993-d1060464.html
   My bibliography  Save this article

Research on the Structural Optimization of the Clean Energy Industry in the Context of Dual Carbon Strategy—A Case Study of Sichuan Province, China

Author

Listed:
  • Pan Jiang

    (School of Economics and Management, Southwest University of Science and Technology, Mianyang 621010, China
    These authors contributed equally to this work.)

  • Hanwen Zhang

    (School of Economics and Management, Mianyang City College, Mianyang 621000, China
    School of Economics, Xihua University, Chendu 610039, China
    These authors contributed equally to this work.)

  • Mengyue Li

    (School of Economics and Management, Southwest University of Science and Technology, Mianyang 621010, China)

  • Yuhan Zhang

    (School of Economics and Management, Southwest University of Science and Technology, Mianyang 621010, China)

  • Xiujuan Gong

    (School of Economics and Management, Southwest University of Science and Technology, Mianyang 621010, China)

  • Dong He

    (School of Economics, Xihua University, Chendu 610039, China)

  • Liang Liu

    (School of Economics and Management, Southwest University of Science and Technology, Mianyang 621010, China)

Abstract

As a major province for hydroelectric power in China, Sichuan Province has witnessed a great amount of seasonal characteristics in its hydroelectric power, endowing the clean energy industry in Sichuan with the characteristics of unstable supply in different seasons, strong power transmission capacity, and low production capacity of other non-fossil energy sources (except hydroelectric power). In this study, the mathematical model method was used to construct a structural optimization model of the clean energy industry in Sichuan Province, and to enable a quantitative analysis of the rationalization of the clean energy industrial structure in Sichuan Province. The results are proved from the cost-effectiveness of low carbon emission that hydroelectric power > wind power > photovoltaic power > natural gas > coal > oil. This study shall find the theoretical structure of the clean energy industry in Sichuan Province in 2030 with a prediction of Sichuan Province’s total future energy output and a constraint of its industrial structure model of clean energy. This paper suggests that Sichuan Province should give priority to the development of non-fossil energy sources, increase the development and utilization of power transmission channels in wet seasons, and develop clean energy and high energy consumption industries and the construction of pumped storage power stations, so as to reduce and avoid the waste of energy resources. It is also suggested that Sichuan Province should focus on developing clean energy with the capability of peak shaving, such as hydrogen energy and natural gas, while developing smart grid and long-distance transmission technology to strengthen energy conservation and emissions-reduced power generation. On this basis, Sichuan will focus on the development and utilization of natural gas as an alternative to high-carbon energy, with a view to optimizing its industrial structure of clean energy and helping China achieve the dual-carbon goals.

Suggested Citation

  • Pan Jiang & Hanwen Zhang & Mengyue Li & Yuhan Zhang & Xiujuan Gong & Dong He & Liang Liu, 2023. "Research on the Structural Optimization of the Clean Energy Industry in the Context of Dual Carbon Strategy—A Case Study of Sichuan Province, China," Sustainability, MDPI, vol. 15(4), pages 1-21, February.
  • Handle: RePEc:gam:jsusta:v:15:y:2023:i:4:p:2993-:d:1060464
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/4/2993/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/15/4/2993/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Wang, Xiong & Li, Jingyao & Ren, Xiaohang, 2022. "Asymmetric causality of economic policy uncertainty and oil volatility index on time-varying nexus of the clean energy, carbon and green bond," International Review of Financial Analysis, Elsevier, vol. 83(C).
    2. John Byrne & Job Taminiau & Kyung Nam Kim & Jeongseok Seo & Joohee Lee, 2016. "A solar city strategy applied to six municipalities: integrating market, finance, and policy factors for infrastructure‐scale photovoltaic development in Amsterdam, London, Munich, New York, Seoul, an," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 5(1), pages 68-88, January.
    3. Yingxue Rao & Min Zhou & Chunxia Cao & Shukui Tan & Yan Song & Zuo Zhang & Deyi Dai & Guoliang Ou & Lu Zhang & Xin Nie & Aiping Deng & Zhuoma Cairen, 2019. "Exploring the quantitive relationship between economic benefit and environmental constraint using an inexact chance-constrained fuzzy programming based industrial structure optimization model," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(4), pages 2199-2220, July.
    4. He, Yong & Liao, Nuo & Lin, Kunrong, 2021. "Can China's industrial sector achieve energy conservation and emission reduction goals dominated by energy efficiency enhancement? A multi-objective optimization approach," Energy Policy, Elsevier, vol. 149(C).
    5. Xiongfeng Pan & Mengna Li & Chenxi Pu & Haitao Xu, 2021. "Study on the industrial structure optimization under constraint of energy intensity," Energy & Environment, , vol. 32(1), pages 134-151, February.
    6. Zhao, Jun & Jiang, Qingzhe & Dong, Xiucheng & Dong, Kangyin & Jiang, Hongdian, 2022. "How does industrial structure adjustment reduce CO2 emissions? Spatial and mediation effects analysis for China," Energy Economics, Elsevier, vol. 105(C).
    7. Yang, Zhenbing & Shi, Qingquan & Lv, Xiangqiu & Shi, Qi, 2022. "Heterogeneous low-carbon targets and energy structure optimization: Does stricter carbon regulation really matter?," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 329-343.
    8. Xu, Yue & Tian, Shu & Wang, Qingsong & Yuan, Xueliang & Ma, Qiao & Liu, Mengyue & Xu, Zhaopeng & Liu, Jixiang & Xu, Xiang & Liu, Chengqing, 2021. "Optimization path of energy-economy system from the perspective of minimum industrial structure adjustment," Energy, Elsevier, vol. 237(C).
    9. Liu, Yaqin & Zhang, Jingchao & Zhu, Zhishuang & Zhao, Guohao, 2019. "Impacts of the 3E (economy, energy and environment) coordinated development on energy mix in China: The multi-objective optimisation perspective," Structural Change and Economic Dynamics, Elsevier, vol. 50(C), pages 56-64.
    10. Liu, Yazhou & Bian, Jiacong & Li, Xiangmei & Liu, Shuyi & Lageson, David & Yin, Yingkai, 2020. "The optimization of regional industrial structure under the water-energy constraint: A case study on Hebei Province in China," Energy Policy, Elsevier, vol. 143(C).
    11. Ren, Boru & Lucey, Brian, 2022. "A clean, green haven?—Examining the relationship between clean energy, clean and dirty cryptocurrencies," Energy Economics, Elsevier, vol. 109(C).
    12. Kong, Hui & Li, Zheng & Yu, Zhufeng & Zhang, Jun & Wang, Hongsheng & Wang, Jian & Gao, Dan, 2021. "Environmental and economic multi-objective optimization of comprehensive energy industry: A case study," Energy, Elsevier, vol. 237(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. Kangping Wang & Pengjiang Ge & Naixin Duan & Jili Wang & Jinli Lv & Meng Liu & Bin Wang, 2023. "The Multi-Objective Optimal Scheduling of the Water–Wind–Light Complementary System Based on an Improved Pigeon Flock Algorithm," Energies, MDPI, vol. 16(19), pages 1-18, September.
    2. Xiangxin Meng & Yakun Zhang & Zekun Wu & Wenzhe Tang, 2023. "Enhancing Operations Management of Pumped Storage Power Stations by Partnering from the Perspective of Multi-Energy Complementarity," Energies, MDPI, vol. 16(19), pages 1-19, October.

    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. Lili Yang & Ning Ma, 2022. "Empirical Study on the Influence of Urban Environmental Industrial Structure Optimization on Ecological Landscape Greening Construction," IJERPH, MDPI, vol. 19(24), pages 1-16, December.
    2. Liu, Yang & Wang, Jianda & Dong, Kangyin & Taghizadeh-Hesary, Farhad, 2023. "How does natural resource abundance affect green total factor productivity in the era of green finance? Global evidence," Resources Policy, Elsevier, vol. 81(C).
    3. Liu, Yang & Dong, Kangyin & Wang, Jianda & Taghizadeh-Hesary, Farhad, 2023. "Towards sustainable development goals: Does common prosperity contradict carbon reduction?," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 70-88.
    4. Hu, Hui & Qi, Shaozhou & Chen, Yuanzhi, 2023. "Using green technology for a better tomorrow: How enterprises and government utilize the carbon trading system and incentive policies," China Economic Review, Elsevier, vol. 78(C).
    5. Duan, Kun & Zhao, Yanqi & Urquhart, Andrew & Huang, Yingying, 2023. "Do clean and dirty cryptocurrencies connect with financial assets differently? The role of economic policy uncertainty," Energy Economics, Elsevier, vol. 127(PA).
    6. Anatolyy Dzyuba & Irina Solovyeva & Dmitry Konopelko, 2023. "Managing Electricity Costs in Industrial Mining and Cryptocurrency Data Centers," International Journal of Energy Economics and Policy, Econjournals, vol. 13(4), pages 76-90, July.
    7. Lanre Ibrahim, Ridwan & Bello Ajide, Kazeem & Usman, Muhammad & Kousar, Rakhshanda, 2022. "Heterogeneous effects of renewable energy and structural change on environmental pollution in Africa: Do natural resources and environmental technologies reduce pressure on the environment?," Renewable Energy, Elsevier, vol. 200(C), pages 244-256.
    8. Yuanying Chi & Wenbing Zhou & Songlin Tang & Yu Hu, 2022. "Driving Factors of CO 2 Emissions in China’s Power Industry: Relative Importance Analysis Based on Spatial Durbin Model," Energies, MDPI, vol. 15(7), pages 1-15, April.
    9. Arfaoui, Nadia & Naeem, Muhammad Abubakr & Boubaker, Sabri & Mirza, Nawazish & Karim, Sitara, 2023. "Interdependence of clean energy and green markets with cryptocurrencies," Energy Economics, Elsevier, vol. 120(C).
    10. Mensi, Walid & Vo, Xuan Vinh & Kang, Sang Hoon, 2021. "Upside-Downside Multifractality and Efficiency of Green Bonds: The Roles of Global Factors and COVID-19," Finance Research Letters, Elsevier, vol. 43(C).
    11. Lu, Xunfa & Huang, Nan & Mo, Jianlei & Ye, Zhitao, 2023. "Dynamics of the return and volatility connectedness among green finance markets during the COVID-19 pandemic," Energy Economics, Elsevier, vol. 125(C).
    12. Yoon‐Hee Ha & John Byrne, 2019. "The rise and fall of green growth: Korea's energy sector experiment and its lessons for sustainable energy policy," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 8(4), July.
    13. Zou, Chenchen & Ma, Minda & Zhou, Nan & Feng, Wei & You, Kairui & Zhang, Shufan, 2023. "Toward carbon free by 2060: A decarbonization roadmap of operational residential buildings in China," Energy, Elsevier, vol. 277(C).
    14. Zhao, Congyu & Dong, Kangyin & Jiang, Hong-Dian & Wang, Kun & Dong, Xiucheng, 2023. "How does energy poverty eradication realize the path to carbon unlocking? The case of China," Energy Economics, Elsevier, vol. 121(C).
    15. Prokop, Viktor & Gerstlberger, Wolfgang & Zapletal, David & Gyamfi, Solomon, 2023. "Do we need human capital heterogeneity for energy efficiency and innovativeness? Insights from European catching-up territories," Energy Policy, Elsevier, vol. 177(C).
    16. Pauline Deschryver & Frederic de Mariz, 2020. "What Future for the Green Bond Market? How Can Policymakers, Companies, and Investors Unlock the Potential of the Green Bond Market?," JRFM, MDPI, vol. 13(3), pages 1-26, March.
    17. Yuxin Meng & Lu Liu & Jianlong Wang & Qiying Ran & Xiaodong Yang & Jianliang Shen, 2021. "Assessing the Impact of the National Sustainable Development Planning of Resource-Based Cities Policy on Pollution Emission Intensity: Evidence from 270 Prefecture-Level Cities in China," Sustainability, MDPI, vol. 13(13), pages 1-20, June.
    18. Duan, Kun & Ren, Xiaohang & Wen, Fenghua & Chen, Jinyu, 2023. "Evolution of the information transmission between Chinese and international oil markets: A quantile-based framework," Journal of Commodity Markets, Elsevier, vol. 29(C).
    19. Liu, Yang & Dong, Kangyin & Taghizadeh-Hesary, Farhad, 2023. "How does energy aid mitigate the recipient countries’ carbon emissions?," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 359-375.
    20. Deng, Xiang & Li, Weihao & Ren, Xiaohang, 2023. "More sustainable, more productive: Evidence from ESG ratings and total factor productivity among listed Chinese firms," Finance Research Letters, Elsevier, vol. 51(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:gam:jsusta:v:15:y:2023:i:4:p:2993-:d:1060464. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.