Research (Jan 2024)
Quantifying the Resilience of Coal Energy Supply in China Toward Carbon Neutrality
Abstract
Facing the challenge of achieving the goal of carbon neutrality, China is decoupling the currently close dependence of its economy on coal use. The energy supply and demand decarbonization has substantial influence on the resilience of the coal supply. However, a general understanding of the precise impact of energy decarbonization on the resilience of the coal energy supply is still lacking. Here, from the perspective of network science, we propose a theoretical framework to explore the resilience of the coal market of China. We show that the processes of increasing the connectivity and the competition between the coal enterprises, which are widely believed to improve the resilience of the coal market, can undermine the sustainability of the coal supply. Moreover, our results reveal that the policy of closing small-sized coal mines may not only reduce the safety accidents in the coal production but also improve the resilience of the coal market network. Using our model, we also suggest a few practical policies for minimizing the systemic risk of the coal energy supply.