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Power sector futures in China
The report utilizes the REPO and E3ME-FTT:Power models to project China's power sector transition. Both models predict the eventual dominance of wind and solar power, though they differ on the specific technology mix and cost trajectories. The analysis emphasizes that market-based pricing and a robust Emission Trading System (ETS) are critical for supporting carbon neutrality goals, while highlighting the essential role of large-scale energy storage and carbon capture technologies to maintain system stability and reach net-zero emissions.
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Document type: Report
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