Challenges and Pathways of Low-Carbon Oriented Energy Transition and Power System Planning Strategy: A Review

Abstract

This paper provides an overview of the challenges and pathways involved in achieving a low-carbon-oriented energy transition roadmap and power system planning strategy. The transition towards low-carbon energy sources is crucial in mitigating the global climate change crisis. However, this transition presents several technical, economic, and political challenges. The paper emphasizes the importance of an integrated approach to power system planning that considers the entire energy system (including both physical and information systems and market mechanisms) and not just individual technologies. To achieve this goal, the paper discusses various pathways toward low-carbon energy transition, including the integration of renewable energy sources into current energy systems, energy efficiency measures, and market-based and regulatory strategies encompassing the implementation of regulations, standards, and policies. Furthermore, the paper underscores the need for a comprehensive and coordinated approach to energy planning, taking into account the socio-economic and political dimensions of the transition process. In addition, the paper reviews the methodologies used in modeling low-carbon-oriented power system planning, including both model-based methods and advanced machine learning-assisted solutions. Overall, the paper concludes that achieving a low-carbon-oriented energy transition roadmap and power system planning strategy requires a multi-dimensional approach that considers technical, economic, political, and social factors.