This IEA report examines how China’s national emissions trading system could support the decarbonisation of the power sector, which is central to the country’s targets of peaking CO₂ emissions before 2030 and reaching carbon neutrality before 2060.
The report analyses how an enhanced ETS could guide the electricity sector onto a lower-emissions pathway, while also exploring its interaction with renewable energy policies such as renewable portfolio standards. It assesses impacts on CO₂ emissions, generation mix, cost-effectiveness and policy coordination.
For Repower, the report is relevant because it focuses on policy tools that can accelerate the transition away from high-emission power generation, including coal, while supporting renewable integration and long-term power sector decarbonisation.
Published: 25 May 2022
Licence: CC BY 4.0
In collaboration with: Tsinghua University
