Abstract

Under the “carbon peaking and carbon neutrality” goal, Shanxi Province adjusts the power supply structure and promotes the development of a high proportion of new energy, which has a certain impact on the demand for thermal coal. Therefore, constructing a reasonable forecasting model for thermal coal demand can play a role in stabilizing coal supply and demand. This paper analyzes various factors related to coal demand, and uses Pearson coefficient to screen out six variables with strong correlation. Then, based on the scenario analysis method, combined with the “14th Five-Year Plan” of Shanxi Province, different scenarios of economic development and carbon emission reduction development are set. Finally, a multi-scenario GA–LSSVM forecasting model of thermal coal demand in Shanxi Province is constructed, and the future development trend of thermal coal demand in Shanxi Province is predicted. The results show that the demand for thermal coal is the largest in the mode of high-speed economic development and low emission reduction, and the demand for thermal coal is the lowest in the mode of low-speed economic development and strong emission reduction, which provides a scientific basis for the implementation of Shanxi Province’s thermal coal supply policy.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.