November2022 OntheRoadtoCarbon Neutrality: Green Investment Needs in China AnAnalysisoftheSpatial andTemporalDistribution ofProvincialRenewable ElectricityInvestment Lou Jiehong University of Maryland Center for Global Sustainability Yu Sha Pacific Northwest National Laboratory & University of Maryland Adofoli Victoria University of Maryland Center for Global Sustainability Miller Andy University of Maryland Center for Global Sustainability Cheng Xinzhao University of Maryland Center for Global Sustainability SCHOOLOF PUBLICPOLICY CENTERFORGLOBAL ENERGY FOUNDATION SUSTAINABILITY 能源基金会
November2022 OntheRoadtoCarbon Neutrality: Green Investment Needs in China AnAnalysisoftheSpatial andTemporalDistribution ofProvincialRenewable ElectricityInvestment Lou Jiehong University of Maryland Center for Global Sustainability Yu Sha Pacific Northwest National Laboratory & University of Maryland Adofoli Victoria University of Maryland Center for Global Sustainability Miller Andy University of Maryland Center for Global Sustainability Cheng Xinzhao University of Maryland Center for Global Sustainability SCHOOLOF PUBLICPOLICY ENERGY FOUNDATION CENTERFORGLOBAL SUSTAINABILITY 能源基金会
DISCLAIMER Unless otherwise specified the views expressed in this report are those of the authors and do not necessarily represent the views of Energy Foundation China. Energy Foundation China does not guarantee the accuracy of the information and data included in this report and will not be responsible for any liabilities resulted from or related to using this report by any third party. The mention of specific panies products and services does not imply that they are endorsed or remended by Energy Foundation China in preference to others of a similar nature that are not mentioned. COPYRIGHTNOTICE This manuscript has been authored by authors at the University of Maryland Center for Global Sustainability. Suggested citation: Jiehong Lou Sha Yu Victoria Adofoli Andy Miller Xinzhao Cheng. “On the Road to Carbon Neutrality: Green Investment Needs in China: An Analysis of the Spatial and Temporal Distribution of Provincial Renewable Electricity Investment" (November 2022) Center for Global Sustainability University of Maryland College Park MD.
ACKNOWLEDGMENTS Support for this working paper was provided by Energy Foundation China. A professional is dedicated to achieving prosperity and a safe climate through sustainable energy. The views and opinions expressed in this working paper are those of the authors alone and do not represent the views of Energy Foundlation China. We would like to thank the following colleagues for their help on this working paper: Leon Clarke Kavita Surana and Mengye Zhu of the University of Maryland Center for Global and Matthew Binsted of the Pacific Northwest National Laboratory for providing GCAM participants for their helpful ments in the preparation of this working paper. sustainability into climate finance by quantifying the co-benefits and market impact of carbon projects with updates on policy implications. NAME:ShaYu E-mail: sha@
Energy Foundation China TABLEOFCONTENTS LIST OF FIGURES. LIST OF TABLES.. LISTOFACRONYMS .vi EXECUTIVESUMMARY .1 1. Introduction.... .11 2. Methods.. ..16 2.1 Methodology .16 2.1.1 GCAM 1.5°C-Carbon Neutrality Pathway. ..16 2.1.2 Methodology for Calculating Investment Needs.. 16 2.2 Data.. .20 3. RenewableDeployment toAchieveCarbonNeutrality Goal.. ..22 3.1 The National Renewable Energy Generation Pathway Under the Carbon Neutrality..... ..22 3.2 Sub-national Non-hydro RE Near-term and Long-term Levels. .25 4. Renewable Investment Needs... .29 4.1 National Renewable Energy Investment Needs with Uncertainties. ...29 4.2 Renewable Energy Solar and Wind Investment Levels at the Provincial Level ...34 4.3 Taking Financing Costs into Account. 37 4.4 Robustness Test. .38
On-the-Road-to-Carbon-Neutrality-Green-Investment-Needs-in-China.pdf
