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To Adopt CCU Technology or Not? An Evolutionary Game between Local Governments and Coal-Fired Power Plants

Author

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  • Shuai Nie

    (Guangzhou Institute of Energy Conservation, Chinese Academy of Sciences, Guangzhou 510640, China
    The Key Laboratory of Renewable Energy, Chinese Academy of Sciences, Guangzhou 510640, China
    Guangdong Provincial Key Laboratory of New and Renewable Energy Research and Development China, Guangzhou 510640, China
    University of Chinese Academy of Sciences, Beijing 100049, China)

  • Guotian Cai

    (Guangzhou Institute of Energy Conservation, Chinese Academy of Sciences, Guangzhou 510640, China
    The Key Laboratory of Renewable Energy, Chinese Academy of Sciences, Guangzhou 510640, China
    Guangdong Provincial Key Laboratory of New and Renewable Energy Research and Development China, Guangzhou 510640, China
    University of Chinese Academy of Sciences, Beijing 100049, China)

  • Yixuan Li

    (School of Journalism, Communication University of China, Beijing 100024, China)

  • Yushu Chen

    (Guangzhou Institute of Energy Conservation, Chinese Academy of Sciences, Guangzhou 510640, China
    The Key Laboratory of Renewable Energy, Chinese Academy of Sciences, Guangzhou 510640, China
    Guangdong Provincial Key Laboratory of New and Renewable Energy Research and Development China, Guangzhou 510640, China
    University of Chinese Academy of Sciences, Beijing 100049, China)

  • Ruxue Bai

    (Guangzhou Institute of Energy Conservation, Chinese Academy of Sciences, Guangzhou 510640, China
    The Key Laboratory of Renewable Energy, Chinese Academy of Sciences, Guangzhou 510640, China
    Guangdong Provincial Key Laboratory of New and Renewable Energy Research and Development China, Guangzhou 510640, China
    University of Chinese Academy of Sciences, Beijing 100049, China)

  • Liping Gao

    (Guangzhou Institute of Energy Conservation, Chinese Academy of Sciences, Guangzhou 510640, China
    The Key Laboratory of Renewable Energy, Chinese Academy of Sciences, Guangzhou 510640, China
    Guangdong Provincial Key Laboratory of New and Renewable Energy Research and Development China, Guangzhou 510640, China
    University of Chinese Academy of Sciences, Beijing 100049, China)

  • Xiaoyu Chen

    (Guangzhou Institute of Energy Conservation, Chinese Academy of Sciences, Guangzhou 510640, China
    The Key Laboratory of Renewable Energy, Chinese Academy of Sciences, Guangzhou 510640, China
    Guangdong Provincial Key Laboratory of New and Renewable Energy Research and Development China, Guangzhou 510640, China
    School of Energy Science and Engineering, University of Science and Technology of China, Hefei 230026, China)

Abstract

Carbon dioxide capture and utilization (CCU) technology is a significant means by which China can achieve its ambitious carbon neutrality goal. It is necessary to explore the behavioral strategies of relevant companies in adopting CCU technology. In this paper, an evolutionary game model is established in order to analyze the interaction process and evolution direction of local governments and coal-fired power plants. We develop a replicator dynamic system and analyze the stability of the system under different conditions. Based on numerical simulation, we analyze the impact of key parameters on the strategies of stakeholders. The simulation results show that the unit prices of hydrogen and carbon dioxide derivatives have the most significant impact: when the unit price of hydrogen decreases to 15.9 RMB/kg or the unit price of carbon dioxide derivatives increases to 3.4 RMB/kg, the evolutionary stabilization strategy of the system changes and power plants shift to adopt CCU technology. The results of this paper suggest that local governments should provide relevant support policies and incentives for CCU technology deployment, as well as focusing on the synergistic development of CCU technology and renewable energy hydrogen production technology.

Suggested Citation

  • Shuai Nie & Guotian Cai & Yixuan Li & Yushu Chen & Ruxue Bai & Liping Gao & Xiaoyu Chen, 2022. "To Adopt CCU Technology or Not? An Evolutionary Game between Local Governments and Coal-Fired Power Plants," Sustainability, MDPI, vol. 14(8), pages 1-18, April.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:8:p:4768-:d:795057
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    References listed on IDEAS

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    Cited by:

    1. Min Zhang & Yan Qiu & Chunling Li & Tao Cui & Mingxing Yang & Jun Yan & Wu Yang, 2023. "A Habitable Earth and Carbon Neutrality: Mission and Challenges Facing Resources and the Environment in China—An Overview," IJERPH, MDPI, vol. 20(2), pages 1-35, January.
    2. Sun, Bo & Fan, Boyang & Wu, Chun & Xie, Jingdong, 2024. "Exploring incentive mechanisms for the CCUS project in China's coal-fired power plants: An option-game approach," Energy, Elsevier, vol. 288(C).

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