The cost causes and quantitative measurements of the"Triple Reform"policy under the perspectives of renewable energy——A CGE model analysis
The"Triple Reform"policy is a significant initiative aimed at addressing the chal-lenges of renewable energy consumption and promoting the high-quality development of new energy in the context of increasing renewable energy penetration.This study focuses on Shan-dong Province,which has a strong reliance on traditional coal-fired power,and employs a static Computable General Equilibrium(CGE)model to link renewable energy with the"Triple Re-form"policy.The study simulates the impact on the economic and environmental aspects of Shandong Province under different shares of renewable energy electricity consumption,coupled with the simultaneous implementation of the"Triple Reform"policy.The research investigates the underlying reasons for the slow progress in the implementation of the"Triple Reform"pol-icy for coal-fired power units and,based on this,transforms the compensation issue into a cost problem.Cost estimation for the implementation of the"Triple Reform"policy in Shandong Province is carried out.The results indicate that the implementation of the"Triple Reform"plan will have certain negative impacts on the regional economy but can also bring significant environmental benefits.In the scenario with 60％coal-fired power and 40％renewable energy electricity(F60C40),the cost of implementing the"Triple Reform"policy in Shandong Province is estimated to be 4 billion yuan.The policy recommendations of this study emphasize the need for vigorous development of renewable energy in China,urging coal-fired power units to actively implement the"Triple Reform"policy.It also suggests timely introduction of reasonable policy support or economic incentives to leverage the stabilizing role of coal-fired power.
"Triple Reform"CGErenewable electricityrenewable energy accommodation
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