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Impact on global warming of development and structural changes in the electricity sector of Guangdong Province, China by Chi Zhang; Michael M. May; Thomas C. Heller is a Energy article available to read on EtoBox.

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Studies of China's energy development and carbon trading opportunities under CDM using aggregate approaches often face two kinds of di$culties: regional variations and economic and institutional constraints faced by decision makers at the sub-national level that are hard to model. This study initiates research that disaggregates the recent development of the Chinese electricity industry in a case study of Guangdong Province. We highlight a bifurcated development of e$cient and ine$cient generation technologies in the past 10 years, and link it to the institutional arrangements for electricity supply, inadequate "nancial markets and speci"c policy incentives. We also "nd, using Guangdong data, that carbon emissions from the Guangdong electricity generation follows a declining trend from 0.29 million tons per TWh in 1990 to 0.24 in 1998, with a planned level of 0.20 million tons in 2010. An attempt to derive a shadow price of carbon by correlating heat rates with unit costs of generation shows some problems in the cost data. In light of the CDM baseline discussions, our study suggests that credible and cost-e!ective baselines in Chinese power will demand disaggregation along vectors

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Author

Chi Zhang; Michael M. May; Thomas C. Heller

Publisher

Elsevier Science; Elsevier ; Elsevier Ltd.; Elsevier BV (ISSN 0301-4215)

Published

2001

Language

EN

Field

Energy (Physical Sciences)