Key issues of Development and Utilization of New Energy in China under Carbon Peaking and Carbon Neutrality

Abstract

High-quality development of new energy cannot be achieved without high-level utilization. Utilization rate has become a barometer to measure the effectiveness of new energy management. Through the joint efforts of government departments, power generation enterprises, power grid enterprises, and industry insiders and outsiders, new energy utilization rate has remained above 95% for many years, achieving high-level utilization during large-scale development. In the future, with the continuous increase in the penetration rate of new energy, maintaining high utilization rates presents significant challenges in terms of technology and cost. This paper utilizes the NEOS software independently developed by the State Grid Energy Research Institute to analyse the utilization of new energy in the future and proposes relevant policy recommendations for reasonable utilization rates.