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  • Open Access

    ARTICLE

    Will Coal Price Fluctuations Affect Renewable Energy Substitution and Carbon Emission? A Computable General Equilibrium-Based Study of China

    Wenhui Zhao1, Yibo Yin1,*, Lu Mao2, Konglu Zhong3, Guanghui Yuan4, Hai Huang5, Yige Yang6

    Energy Engineering, Vol.118, No.4, pp. 1009-1026, 2021, DOI:10.32604/EE.2021.014650 - 31 May 2021

    Abstract Changes in the energy price system will determine the direction of evolution of the energy industry structure. As a country where coal is the dominant energy source, what is the effect of coal price fluctuations on China’s industry development costs and energy consumption structure? To investigate this problem, this paper utilized an economy–energy–environment computable general equilibrium model. In this study, four aspects were analyzed: Energy supply side, proportion of renewable energy consumption, macroeconomy, and changes in CO2 emissions. The results of this study show that an increase of 10%–20% in coal prices contributes to a shift More >

  • Open Access

    ARTICLE

    A Computable General Equilibrium Model Based Simulation on Water Conservancy Investment

    JUN WANG

    Intelligent Automation & Soft Computing, Vol.24, No.3, pp. 553-561, 2018, DOI:10.31209/2018.100000022

    Abstract The water conservancy industry is one of the oldest fundamental industries in human history with high attention all the time, which is a vital factor to national well-being and people’s livelihood. The “Five Water Governance” is one of important strategies as a breakthrough to force transforming and upgrading for ecological water conservancy and sustainable development. A regional dynamic CGE model was constructed to simulate and analyze the short-term and longterm influence of the water conservancy investment to water conservancy industry itself, other national economy sectors and macro economy, so as to provide scientific proof for More >

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