Ingrid's Day 13 Sr. Project
Ingrid Wu's Day 13 Blog
May 23 2023
Research
Case study of CCS in Shenzhen
In the highly-developed city of Shenzhen, China, the fossil fuel electricity price was gradually decreasing from 4 CNY/kWh in 2007 to 0.7 CNY/kWh (0.699 CNY/kWh) in 2018 (all taxed) according to China Southern Power Grid. The progress over 12 years promotes a 92% decrease in electricity prices. The electricity cost is excerpted from the last roll of the grid for residents or households who have not yet adopted the “one household, one-meter” implementation, indicating that many neighbors share the same meter and split the electricity bill according to the price of the same meter (China Southern Power Grid, G., 2022). Integrated meter electricity price is short for residential integrated meter user electricity price. It is a kind of electricity price that is measured by multiple users sharing one electricity meter and cannot be measured by the stepwise electricity price. Because the total meter price indicates the average electricity price, it is used for the following case study calculation.
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