COP28 Agenda

Towards a Zero Emission Power System (Part I): Building a Secure and Reliable Power System with High Renewable Energy Penetration

When 18:00-19:30 (CN)
10:00-11:30 (UK)
02:00-03:30 (SF)
Where Energy Foundation China Pavilion, China Pavilion EXPO 2020 (Green Zone), X583+2CW Sunrise Avenue - Dubai - United Arab Emirates

Time: December 5, 2023, 14:00-15:30 (Dubai Time)

Background:

In the journey towards achieving global carbon neutrality, how to build a zero-emission power system is crucial. According to the IEA report, the global power industry currently contributes to about 40% of total carbon emissions. To establish a zero-carbon power system, renewable energy sources such as water, wind, and solar are essential components. Countries are putting in significant efforts to develop a power system, where renewable energy is the main body.

However, the increasing penetration rate of renewable energy in the power system, along with the impact of extreme weather and conflicts between Russia and Ukraine, has led to power supply security crises and soaring electricity prices in several regions in Europe. As the carbon neutralization process accelerates, electrification improves, and clean energy rapidly develops, the proportion of renewable energy in the power structure will continue to increase. It is necessary to consider how to build a power system with high renewable energy penetration while ensuring the security of the power supply.

Although different countries have varying resource endowments and energy needs, they are all striving to establish a zero-carbon power system that caters to their national conditions. For instance, China has anchored on the "3060" strategic goal, which involves speeding up the development of a new power system while enhancing the construction of four major systems: the power supply support system, the new energy development and utilization system, the energy storage large-scale deployment and application system, and the intelligent operation of the power system. Germany, on the other hand, is relying on three areas: enhancing energy efficiency, promoting the development of renewable energy, and encouraging sector coupling to bolster its energy transformation strategy.

To facilitate exchanges and promote better understanding among all parties, EF China has invited experts from international organizations, research institutions, universities, and other entities. The discussion aims to identify the key challenges and factors impeding the transformation of the zero-carbon power system. Additionally, we share the experience of power system transformation in various countries and jointly accelerate the pace of global energy transformation.

14:00-14:05

Welcome Remarks

Zou Ji, CEO and President, EF China

14:05-14:15

Presentation 1: Global Energy Transition Trends: an IEA View

Pablo Hevia-Koch, Head of Renewable Integration and Secure Electricity, IEA

14:15-14:25

Presentation 2: Clean Energy’s Key Role in China’s New Energy System

Levin Zhu, Visiting Professor of Management Practice at Tsinghua University, Former President and CEO of China International Capital Corporation

14:25-14:35

Presentation 3: A High-Renewables European Power System: Practice and Experience

Richard Black, Senior Policy Advisor, EMBER

14:35-14:45

Presentation 4: China’s Pathway to a New-Type Power System

Ma Li, Vice Chief Engineer and Director of Corporate Strategy Department, State Grid Electric Research Institute

14:45-15:25

Panel discussion: Pathways and solutions to further boost renewables and build a net zero power system

Discussion questions:

  • Can the European power system’s successful story of accommodating high renewables spread to other regions? What are the key success factors we can learn from?
  • Where are the unique challenges coming from—technical, policy, or market mechanisms—towards a net-zero emission power system in your region? What are the solutions to overcome the challenges?
  • In a net-zero scenario, what will the future power system look like? Will bulk grids or micro-grids dominate?

Moderator: Zhang Yongping, Program Director, Clean Power, EF China

Panelists:

  • Pablo Hevia-Koch, Head of Renewable Integration and Secure Electricity, IEA
  • Levin Zhu, Visiting Professor of Management Practice at Tsinghua University, Former President and CEO of China International Capital Corporation
  • Richard Black, Senior Policy Advisor, EMBER
  • Ma Li, Vice Chief Engineer and Director of Corporate Strategy Department, State Grid Electric Research Institute

15:25-15:30

Closing remarks: Zhang Yongping, Program Director, Clean Power, EF China

 

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