Renewable Pathways for China – with Michael Davidson and Zhang Zhenhua
Release Date: 06/16/2023
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Green finance has been a hot topic for several years, and in some respects China is an overall leader in green finance -- at least in terms of the overall volume of green bonds and green loans. More green finance products are coming out at a steady stream. So what does all this mean for China's energy transition? Has it really helped, and is it contributing to greening China's investments abroad? In today's podcast, we talk to longtime Beijing Energy Network green finance guru Calvin Quek about these and other questions. Calvin is the Executive Director, Nature Finance, Oxford Sustainable...
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China Energy Transformation Outlook - Kaare Sandholt
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Can China Reduce Emissions by 30% by 2035? - with Belinda Schäpe of CREA
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According to a recent report by the Centre for Research on Energy and Clean Air (CREA), by sustaining its current expansion rate of renewable energy, China could cut 30% of power sector emissions & increase non-fossil energy share to over 40%. This would require renewable capacity of 5,000 GW by 2035 (roughly 3x current renewable capacity, or 4x current wind and solar capacity) and halting approvals of all new unabated coal power plants. CREA's report argues these goals can only be achieved through robust national targets, such as through the forthcoming Nationally Determined Contributions...
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(Repost for missing audio) Comparing offshore wind in China and Norway - with Erlend Ek
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Young Professionals in Sustainability - Maggie Yao (in Chinese)
Environment China
In the latest episode of Environment China's podcast, we speak to Maggie Yao. Maggie is a Senior Consultant at CCaSS EY Netherlands, primarily focusing on EU environmental policy, ESG due diligence, ESG strategy, and CSRD implementation. Prior to EY, she worked as an Associate at RMI China, where she conducted research on coal transition, renewable energy integration and system impact, and power market analysis. She also worked as a Senior Analyst for Coho Climate Advisors, a DC-based energy consulting firm and an ERM Group company. There, she engaged with multiple corporate and industrial...
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Young Professionals in Sustainability - UB Qiu (in Chinese)
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In the latest episode of Environment China's podcast series on Young Professionals in Sustainability, we speak to UB Qiu. UB is a sustainability professional with diverse, international, cross-sector experiences, including in ESG consulting, in-house corporate sustainability, partnership development at a plant-based protein startup, and multiple internships and projects at climate-tech startups/social enterprises in the U.S., China, Kenya, and India. Additionally, she was part of Antler's inaugural Entrepreneur in Residence cohort in Saudi Arabia in 2023. UB holds a Master's Degree in...
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Young Professionals in Sustainability: Ruixin Li (in Chinese)
Environment China
In the latest episode of Environment China's podcast, we speak to Ruixin Li as part of our Young Professionals in Sustainability series. Ruixin currently works as the lead climate specialist at ICF International Consulting (Beijing). He has eight years of experience working on climate change issues and more than four years of experience implementing international cooperation projects. His focuses include carbon market, green finance, and sustainable aviation. Previously, Ruixin worked for Greenovation Hub and China Youth Climate Action Network. He has also assisted several international NGOs...
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Energy and AI: with Anders Hove of BEN and OIES
Environment China
Today, we have a special cross-over episode with the podcast called Preparing for AI, which is hosted by Matt Cartwright and Jimmy Rhodes. The guest for this episode is Anders Hove, long-time host of the Environment China podcast, and Beijing-based Matt Cartwright interviews him about the impact of AI on the clean energy transition. Anders ‘references several points related to China, such as efforts to locate data centers in colder regions, and the results of experiments seeking to make data centers respond to the output of renewables. We hope you enjoy it! You can read a full transcript...
info_outlineToday, we’re coming back to the power sector to discuss a new report about the pathways for scaling up renewables as China pursues its policy to peak CO2 emissions by 2030 and reach carbon neutrality by 2060.
The report is entitled Renewable Energy Pathways to Carbon Neutrality in China, and it’s the fruit of a collaboration between scholars at Tsinghua School of the Environment, California China Climate Institute at Berkeley Law, Power Transformation Lab hosted at the UCSD. The report was released in May 2023.
Michael Davidson is an assistant professor joint with the School of Global Policy and Strategy and the Mechanical and Aerospace Engineering Department at the University of California, San Diego, where he leads the Power Transformation Lab. Dr. Davidson’s teaching and research focus on the engineering implications and institutional conflicts inherent in deploying low-carbon energy at scale to mitigate environmental harms, specializing in applications to China, India, and the U.S.
Zhenhua is a PhD Student in Mechanical and Aerospace Engineering at the University of California in San Diego, and he is focusing on power systems modeling, electricity markets, and energy policy issues.
We address:
- What makes this forecast and model different from others, in terms of methods and also results.
- What its forecast for renewable capacity and renewable share is, out to 2060.
- What the relative role for distributed energy is, compared to current trends.
- What the model assumes for the cost of transmission, and how it models transmission compared to present policy, which considers mainly utilization in considering the costs and benefits of new lines.
- What the role of power market reform is.
- What we expect for power outages this summer.
Further reading:
Michael Davidson et al., “Renewable Energy Pathways to Carbon Neutrality in China,” Tsinghua School of the Environment, Berkeley Law-California China Climate Institute, Power Transformation Lab, May 2023