Energy

49 Items

Aerial view of Guangzhou-Huadu Plain and Mount Baiyun

Wikimedia CC/Pulsarwind

Discussion Paper - Harvard Project on Climate Agreements

The Guangdong Carbon Emissions Trading Scheme: Progress, Challenges and Trends

    Authors:
  • Zeng Xuelan
  • Li Weichi
  • Guo Xingyue
| June 2021

Guangdong Province ranks first in economic output among China’s provinces and will play a major role in achieving China’s national climate-change goals. This paper examines the progress of Guangdong Province’s carbon dioxide emissions trading system (ETS) in reducing emissions; design features of the system; challenges it faces with regard to further development; and its relationship to China’s new national ETS.

Discussion Paper - Harvard Project on Climate Agreements

China’s CO2 Emissions Trading System: History, Status, and Outlook

    Author:
  • Valerie J Karplus
| June 2021

China’s emissions trading system (ETS) for carbon dioxide (CO2) will become operational in mid-2021. This paper describes the trading system’s history, design, rules governing implementation, and anticipated developments over the next decade. The ETS is expected to support China’s goals of reaching peak CO2 emissions by 2030 and of achieving carbon neutrality by 2060.

A satellite view of the Baihetan Dam, under construction on the Jinsha River in Yunnan province, February 4, 2020.

CNES/Airbus, used with permission

Paper

China Trading Power: Improving Environmental and Economic Efficiency of Yunnan’s Electricity Market

| March 2021

In this report, we propose a market reform pathway for Yunnan that is both feasible and applicable to address some of these challenges immediately, while aiming for a standard design based on well-documented international experience. Our proposal includes at its heart a pay-for-performance monthly capacity auction that can help cover revenue deficiencies in the energy market. Building on international experience with capacity markets, this approach provides incentives for availability when generation is needed most and is compatible with the adoption of a single energy market for all electricity resources. Out-of-market payments to cover stranded costs of certain firms can thus be minimized. Finally, engaging consumers in both these energy and capacity markets can create high-powered incentives to shift consumption to low-cost months and hours, benefitting the entire province.

Shanghai, China

Li Yang / Unsplash

Report

Is China's Hydrogen Economy Coming?

| July 28, 2020

This paper focuses on China and the potential role of renewable hydrogen in accelerating its transition to a low-carbon economy. Our research goal is to provide policymakers and other stakeholders the means to make informed decisions on technology innovation, policy instruments, and long-term investments in enabling infrastructure.

Russia's Energy Foray into Asia: Implications for U.S. Interests

kees torn/Flickr

Paper - National Bureau of Asian Research

Russia's Energy Foray into Asia: Implications for U.S. Interests

| Dec. 12, 2018

This essay examines Russia’s growing role in Asia’s energy markets, assesses the implications for the U.S., and examines the claim that closer Sino-Russian energy ties are adding new incentives for a broader strategic alignment.

A satellite view of the Gansu Dunhuang Solar Park, a photovoltaic power station under construction in Gansu Provence, as seen on June 9, 2018.

DigitalGlobe, CNES/Airbus, Google Earth, used with permission

Report - Environment and Natural Resources Program, Belfer Center

Harvard-Tsinghua Workshop on Low-Carbon Development and Public Policy

| September 2018

The Belfer Center’s Environment and Natural Resources Program and the Center for Science, Technology, and Education Policy at Tsinghua University held the fifth annual Tsinghua-Harvard Workshop on Low-Carbon Development and Public Policy. This event brought together leading experts on climate and energy from academic, business, and government communities in both the United States and China. This year’s workshop focused on electricity systems and renewable energy penetration.

A Tesla Model 3 charges using a Mobile Charger 2.0, 29 July 2017.

Steve Jurvetson

Paper - Environment and Natural Resources Program, Belfer Center

Charging the Future

| September 2018

Electric vehicles (EVs) have advanced significantly this decade, owing in part to decreasing battery costs. Yet EVs remain more costly than gasoline fueled vehicles over their useful life. This paper analyzes the additional advances that will be needed, if electric vehicles are to significantly penetrate the passenger vehicle fleet.

Smoke rises above the skyline of Beijing on a moderately polluted day, Saturday, Aug. 26, 2017. (AP Photo/Mark Schiefelbein)

AP Photo/Mark Schiefelbein

Paper - Environment and Natural Resources Program, Belfer Center

High-resolution Carbon Emissions Data for Chinese Cities

| August 2018

China is currently the world’s largest energy consumer and CO2 emitter, and its cities contribute 85% of the total CO2 emissions in China. Given the magnitude and growth rate of Chinese cities’ carbon emissions, cities are considered to be the key areas for implementing policies designed to adapt to climate change and mitigate CO2 emissions.

Report

Foundations of Decarbonization in China: A Post-2030 Perspective

| July 2017

The Harvard-Tsinghua Workshop on Low-Carbon Development and Public Policy is the fourth annual joint workshop between the Harvard Kennedy School’s Environment and Natural Resources Program and the Center for Science, Technology, and Education Policy at Tsinghua University. The workshop convened leading experts on climate and energy from the United States and China at Tsinghua University in Beijing, China, on June 1-2, 2017.

The workshop was divided into five sessions. The first two sessions focused on the scope of the climate problem and the options for addressing it. The following three sessions explored specific options: renewable energy, nuclear power, and air pollution regulation.

teaser image

Paper

The History of Highly Enriched Uranium Production in China

| July 2017

China initiated its nuclear weapon program in 1955 and began to construct its fissile-material production facilities in the late 1950s. China has produced highly enriched uranium (HEU) for weapons at two complexes: Lanzhou gaseous diffusion plant (GDP, also referred as Plant 504) and Heping GDP (the Jinkouhe facility of Plant 814).

In 1958, China started the construction of the Lanzhou plant with advice from Soviet experts. Moscow withdrew all its experts in August 1960, however, forcing China to become self-reliant. On January 14, 1964, the GDP began to produce 90% enriched uranium, which made possible China’s first nuclear test on 16 October 1964.