To Adopt CCU Technology or Not? An Evolutionary Game between Local Governments and Coal-Fired Power Plants

Carbon dioxide capture and utilization (CCU) technology is a significant means by which China can achieve its ambitious carbon neutrality goal. It is necessary to explore the behavioral strategies of relevant companies in adopting CCU technology. In this paper, an evolutionary game model is established in order to analyze the interaction process and evolution direction of local governments and coal-fired power plants. We develop a replicator dynamic system and analyze the stability of the system under different conditions. Based on numerical simulation, we analyze the impact of key parameters on the strategies of stakeholders. The simulation results show that the unit prices of hydrogen and carbon dioxide derivatives have the most significant impact: when the unit price of hydrogen decreases to 15.9 RMB/kg or the unit price of carbon dioxide derivatives increases to 3.4 RMB/kg, the evolutionary stabilization strategy of the system changes and power plants shift to adopt CCU technology. The results of this paper suggest that local governments should provide relevant support policies and incentives for CCU technology deployment, as well as focusing on the synergistic development of CCU technology and renewable energy hydrogen production technology.

• Publication year

  2022

• Venue

  Sustainability

• Publication date

  2022-04-15

• Fields of study

  Engineering, Medicine, Economics, Environmental Science

• Identifiers
  DOI 10.3390/su14084768
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

• Does oil price affect corporate innovation? Evidence from new energy vehicle enterprises in China

  2022cited by this paper
• Environmental impacts of carbon capture and utilization by mineral carbonation: A systematic literature review and meta life cycle assessment

  2022cited by this paper
• The role of carbon capture, utilization and storage in realizing China's carbon neutrality: A source-sink matching analysis for existing coal-fired power plants

  2022cited by this paper
• How to achieve the first step of the carbon-neutrality 2060 target in China: The coal substitution perspective

  2021cited by this paper
• Net Zero by 2050

  2021cited by this paper
• Promoting developments of hydrogen powered vehicle and solar PV hydrogen production in China: A study based on evolutionary game theory method

  2021cited by this paper
• Facilitating developments of solar thermal power and nuclear power generations for carbon neutral: A study based on evolutionary game theoretic method.

  2021cited by this paper
• Insights into low-carbon hydrogen production methods: Green, blue and aqua hydrogen

  2021cited by this paper
• Understanding the impact on energy transition of consumer behavior and enterprise decisions through evolutionary game analysis

  2021cited by this paper
• A levelized cost of hydrogen (LCOH) comparison of coal-to-hydrogen with CCS and water electrolysis powered by renewable energy in China

  2021cited by this paper
• China's carbon capture, utilization and storage (CCUS) policy: A critical review

  2020cited by this paper
• Risk-benefit perceptions and public acceptance of Carbon Capture and Utilization

  2020cited by this paper
• Can Industrial-Scale Solar Hydrogen Supplied from Commodity Technologies Be Cost Competitive by 2030?

  2020cited by this paper
• The Evolutionary Game of Stakeholders’ Coordination Mechanism of New Energy Power Construction PPP Project: A China Case

  2020cited by this paper
• Techno-economic barriers of an industrial-scale methanol CCU-plant

  2020cited by this paper
• Evolutionary game theory modelling to represent the behavioural dynamics of economic shutdowns and shield immunity in the COVID-19 pandemic

  2020cited by this paper
• The environmental opportunity cost of using renewable energy for carbon capture and utilization for methanol production

  2020cited by this paper
• Analysis of Multi-Stakeholders’ Behavioral Strategies Considering Public Participation under Carbon Taxes and Subsidies: An Evolutionary Game Approach

  2020cited by this paper
• An evolutionary game analysis of governments' decision-making behaviors and factors influencing watershed ecological compensation in China.

  2019cited by this paper
• Bringing value to the chemical industry from capture, storage and use of CO2: A dynamic LCA of formic acid production.

  2019cited by this paper
• Trends in the global cement industry and opportunities for long-term sustainable CCU potential for Power-to-X

  2019cited by this paper
• Carbon Capture and Utilization Technology without Carbon Dioxide Purification and Pressurization: A Review on Its Necessity and Available Technologies

  2019cited by this paper
• Sustainability of photovoltaic poverty alleviation in China: An evolutionary game between stakeholders

  2019cited by this paper
• Flexible Carbon Capture and Utilization technologies in future energy systems and the utilization pathways of captured CO2

  2019cited by this paper
• Evolutionary game analysis on local governments and manufacturers' behavioral strategies: Impact of phasing out subsidies for new energy vehicles

  2019cited by this paper
• A novel analysis of carbon capture and storage (CCS) technology adoption: An evolutionary game model between stakeholders

  2019cited by this paper
• Carbon capture and utilisation technologies applied to energy conversion systems and other energy-intensive industrial applications

  2018cited by this paper
• Assessment of low-carbon iron and steel production with CO2 recycling and utilization technologies: A case study in China

  2018cited by this paper
• Life Cycle Assessment of Carbon Dioxide–Based Production of Methane and Methanol and Derived Polymers

  2018cited by this paper
• Wastewater treatment for carbon capture and utilization

  2018cited by this paper
• Economics & carbon dioxide avoidance cost of methanol production based on renewable hydrogen and recycled carbon dioxide – power-to-methanol

  2018cited by this paper
• Carbon Capture and Utilization in the Industrial Sector.

  2017cited by this paper
• The German R&D Program for CO2 Utilization—Innovations for a Green Economy

  2016influential reference
• Separating the debate on CO2 utilisation from carbon capture and storage

  2016cited by this paper
• CO2 utilization in the perspective of industrial ecology, an overview

  2015influential reference
• Recycling of CO2, the perfect biofuel?

  2012cited by this paper
• Carbon capture and storage as a corporate technology strategy challenge

  2011cited by this paper
• EVOLUTIONARY GAMES IN ECONOMICS

  1991cited by this paper

• CCUS technology diffusion and multi-agent investment behavior under policy incentives

  2026cites this paper
• An evolutionary game analysis about the low-carbon transition of power plants considering the carbon tax

  2026cites this paper
• Methanol production technology development pathways under multi-agent stochastic evolutionary game: a complex network perspective

  2026cites this paper
• Environmental regulation, market power and low-carbon development of China's coal power industry chain —Based on both strategy and return perspectives

  2025cites this paper
• Analysis of dynamic strategies for decision-making on retrofitting carbon capture, utilization, and storage technology in coal-fired power plants

  2025cites this paper
• Network Evolutionary Game Analysis of Coal-to-Hydrogen CCUS Technology Dissemination in Carbon Trading Market

  2025cites this paper
• Study on Carbon Emission Reduction Strategy of CCUS Technology in Natural Gas Supply Chain Considering Government Subsidies

  2025cites this paper
• Diffusion of CCUS technology under dual drivers: Regulatory pressure and carbon source investments

  2025cites this paper
• Can the future be bright? Evolutionary game analysis of multi-stakeholders in the blue and green hydrogen development

  2024cites this paper
• Deciphering Stakeholder Strategies in Electric Vehicle Battery Recycling: Insights from a Tripartite Evolutionary Game and System Dynamics

  2024cites this paper
• Exploring incentive mechanisms for the CCUS project in China's coal-fired power plants: An option-game approach

  2023cites this paper
• Research on the evolution mechanism of promoting clean power supply under the background of rural energy reform in China

  2023cites this paper
• A Habitable Earth and Carbon Neutrality: Mission and Challenges Facing Resources and the Environment in China—An Overview

  2023influential citation
• Strategic dynamics in hydrogen deployment: A game-theoretical review of competition, cooperation, and coopetition

  year unknowncites this paper