Macroeconomic Analysis of Energy Structure Optimization Path in Jinhua City

In the context of the new normal of economic development and the “double carbon” goal, the optimization of energy structure can not only ensure the energy consumption demand, but also slow down the growth rate of carbon emissions and achieve green development. As a core city in central Zhejiang Province, it is important for Jinhua City to explore the optimization of energy structure under the peak carbon emission constraint in order to build a national clean energy demonstration province in Zhejiang Province. Based on the historical energy data, this paper first establishes a stochastic time series model according to the Markov transition probability matrix method, and analyzes and predicts the optimal path of the energy consumption structure in Jinhua City. Under the constraint of carbon emission peak, the impact analysis of energy structure optimization on macro economy is further discussed with the help of general economic equilibrium model.

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Publication Details

Published
2024-11-22
DOI
https://doi.org/10.1109/sgee64306.2024.10865846
Primary Topic
Power Systems and Renewable Energy
Type
article
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Macroeconomic Analysis of Energy Structure Optimization Path in Jinhua City

Jiansheng Hou, Yingcong Wang, Junwei Huang, Honghui Huang
Power Systems and Renewable Energy
article

Macroeconomic Analysis of Energy Structure Optimization Path in Jinhua City

Jiansheng Hou, Yingcong Wang, Junwei Huang, Honghui Huang
article en

Abstract

In the context of the new normal of economic development and the “double carbon” goal, the optimization of energy structure can not only ensure the energy consumption demand, but also slow down the growth rate of carbon emissions and achieve green development. As a core city in central Zhejiang Province, it is important for Jinhua City to explore the optimization of energy structure under the peak carbon emission constraint in order to build a national clean energy demonstration province in Zhejiang Province. Based on the historical energy data, this paper first establishes a stochastic time series model according to the Markov transition probability matrix method, and analyzes and predicts the optimal path of the energy consumption structure in Jinhua City. Under the constraint of carbon emission peak, the impact analysis of energy structure optimization on macro economy is further discussed with the help of general economic equilibrium model.

Jinhua Academy of Agricultural Sciences (CN)
Openalex Percentile: Top 70%
Power Systems and Renewable Energy
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