{"title":"利用基于马科维茨均值-方差理论的修正购电协议框架实现城市规模的电力去碳化","authors":"","doi":"10.1016/j.scs.2024.105903","DOIUrl":null,"url":null,"abstract":"<div><div>Urban power decarbonization is essential in the fight against climate change, yet current research often neglects the financial risks faced by investors and the shifting demands of consumers in liberalized electricity markets. This study addresses these gaps by proposing a modified Markowitz Mean-Variance Portfolio (MVP) theory, integrated with the Low Emissions Analysis Platform (LEAP), and a deep learning model. On this basis, an urban energy transition framework centered on Power Purchase Agreements (PPAs) is proposed and developed. The framework is validated considering a case study in Kitakyushu, Japan, highlighting its potential in accelerating power sector decarbonization and achieving net-zero emissions by 2038. Additionally, the internal rate of return (IRR) remains stable between 14.5 % and 19.6 % across seven other cities. While the framework reduces long-term cash flow volatility, its effectiveness hinges on industrial electrification efficiency and regional energy self-sufficiency. The findings indicate that relying solely on renewable energy for low-carbon transitions is unrealistic. Furthermore, green hydrogen could emerge as a viable alternative to fossil fuels, potentially replacing batteries for long-term energy storage. Future research should explore cross-regional energy trade and establish legal frameworks for long-term energy transactions to bolster urban energy transition resilience across diverse geographic and economic contexts.</div></div>","PeriodicalId":48659,"journal":{"name":"Sustainable Cities and Society","volume":null,"pages":null},"PeriodicalIF":10.5000,"publicationDate":"2024-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Urban-scale power decarbonization using a modified power purchase agreements framework based on Markowitz mean-variance theory\",\"authors\":\"\",\"doi\":\"10.1016/j.scs.2024.105903\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>Urban power decarbonization is essential in the fight against climate change, yet current research often neglects the financial risks faced by investors and the shifting demands of consumers in liberalized electricity markets. This study addresses these gaps by proposing a modified Markowitz Mean-Variance Portfolio (MVP) theory, integrated with the Low Emissions Analysis Platform (LEAP), and a deep learning model. On this basis, an urban energy transition framework centered on Power Purchase Agreements (PPAs) is proposed and developed. The framework is validated considering a case study in Kitakyushu, Japan, highlighting its potential in accelerating power sector decarbonization and achieving net-zero emissions by 2038. Additionally, the internal rate of return (IRR) remains stable between 14.5 % and 19.6 % across seven other cities. While the framework reduces long-term cash flow volatility, its effectiveness hinges on industrial electrification efficiency and regional energy self-sufficiency. The findings indicate that relying solely on renewable energy for low-carbon transitions is unrealistic. Furthermore, green hydrogen could emerge as a viable alternative to fossil fuels, potentially replacing batteries for long-term energy storage. Future research should explore cross-regional energy trade and establish legal frameworks for long-term energy transactions to bolster urban energy transition resilience across diverse geographic and economic contexts.</div></div>\",\"PeriodicalId\":48659,\"journal\":{\"name\":\"Sustainable Cities and Society\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":10.5000,\"publicationDate\":\"2024-10-18\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Sustainable Cities and Society\",\"FirstCategoryId\":\"5\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S2210670724007273\",\"RegionNum\":1,\"RegionCategory\":\"工程技术\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"CONSTRUCTION & BUILDING TECHNOLOGY\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Sustainable Cities and Society","FirstCategoryId":"5","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2210670724007273","RegionNum":1,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"CONSTRUCTION & BUILDING TECHNOLOGY","Score":null,"Total":0}
Urban-scale power decarbonization using a modified power purchase agreements framework based on Markowitz mean-variance theory
Urban power decarbonization is essential in the fight against climate change, yet current research often neglects the financial risks faced by investors and the shifting demands of consumers in liberalized electricity markets. This study addresses these gaps by proposing a modified Markowitz Mean-Variance Portfolio (MVP) theory, integrated with the Low Emissions Analysis Platform (LEAP), and a deep learning model. On this basis, an urban energy transition framework centered on Power Purchase Agreements (PPAs) is proposed and developed. The framework is validated considering a case study in Kitakyushu, Japan, highlighting its potential in accelerating power sector decarbonization and achieving net-zero emissions by 2038. Additionally, the internal rate of return (IRR) remains stable between 14.5 % and 19.6 % across seven other cities. While the framework reduces long-term cash flow volatility, its effectiveness hinges on industrial electrification efficiency and regional energy self-sufficiency. The findings indicate that relying solely on renewable energy for low-carbon transitions is unrealistic. Furthermore, green hydrogen could emerge as a viable alternative to fossil fuels, potentially replacing batteries for long-term energy storage. Future research should explore cross-regional energy trade and establish legal frameworks for long-term energy transactions to bolster urban energy transition resilience across diverse geographic and economic contexts.
期刊介绍:
Sustainable Cities and Society (SCS) is an international journal that focuses on fundamental and applied research to promote environmentally sustainable and socially resilient cities. The journal welcomes cross-cutting, multi-disciplinary research in various areas, including:
1. Smart cities and resilient environments;
2. Alternative/clean energy sources, energy distribution, distributed energy generation, and energy demand reduction/management;
3. Monitoring and improving air quality in built environment and cities (e.g., healthy built environment and air quality management);
4. Energy efficient, low/zero carbon, and green buildings/communities;
5. Climate change mitigation and adaptation in urban environments;
6. Green infrastructure and BMPs;
7. Environmental Footprint accounting and management;
8. Urban agriculture and forestry;
9. ICT, smart grid and intelligent infrastructure;
10. Urban design/planning, regulations, legislation, certification, economics, and policy;
11. Social aspects, impacts and resiliency of cities;
12. Behavior monitoring, analysis and change within urban communities;
13. Health monitoring and improvement;
14. Nexus issues related to sustainable cities and societies;
15. Smart city governance;
16. Decision Support Systems for trade-off and uncertainty analysis for improved management of cities and society;
17. Big data, machine learning, and artificial intelligence applications and case studies;
18. Critical infrastructure protection, including security, privacy, forensics, and reliability issues of cyber-physical systems.
19. Water footprint reduction and urban water distribution, harvesting, treatment, reuse and management;
20. Waste reduction and recycling;
21. Wastewater collection, treatment and recycling;
22. Smart, clean and healthy transportation systems and infrastructure;