文献类型：期刊文献

英文题名：Analysis of China's olefin industry with a system optimization model With different scenarios of dynamic oil and coal prices

作者：Xu, Zhongming[1];Zhang, Yaru[1,3];Fang, Chenhao[1];Yu, Yadong[1];Ma, Tieju[1,2]

机构：[1]East China Univ Sci & Technol, Sch Business, Meilong Rd 130, Shanghai 200237, Peoples R China;[2]Int Inst Appl Syst Anal, Schlosspl, A-2361 Laxenburg, Austria;[3]Shanghai Inst Technol, Sch Econ & Management, Haiquan Rd 100, Shanghai 201418, Peoples R China

年份：2019

卷号：135

外文期刊名：ENERGY POLICY

收录：;EI(收录号：20194007485951);WOS:【SSCI(收录号:WOS:000506465400034)，SCI-EXPANDED(收录号:WOS:000506465400034)】；

基金：This research was sponsored by NSFC [No. 71874055, 71571069].

语种：英文

外文关键词：Olefin industry; System optimization model; Carbon emission; Oil price

摘要：Recently, China produces olefins increasingly from coal, although OTO (oil-to-olefins) is still dominating China's olefin industry. With the uncertain future dynamics of oil and coal prices, as well as environmental issues, how should China configure its future olefin industry? And what kind of carbon emission controlling policies should be implemented if more olefins would be produced with CTO (coal-to-olefins) in China? This paper develops a system optimization model to explore these questions. With four different scenarios of oil and coal prices, we first explore the optimal configuration of China's olefin industry without considering controlling carbon emission; then we explore the situation in which new CTO capacity must implement CCS (carbon capture and storage) for controlling carbon emission. The results of our study imply that investing in CTO technology in China is not a wrong direction, especially as a technology stock for energy safety, and it could be a good regulation to require CTO to implement CCS for achieving both economic and environmental values.