Peak capacity analysis of coal power in China based on full-life cycle cost model optimization

13th five-year and the next period are critical for the energy and power reform of China. In order to ease the excessive power supply, policies have been introduced by National Energy Board especially toward coal power capacity control. Therefore the rational construction scale and scientific development timing for coal power are of great importance and paid more and more attentions. In this study, the comprehensive influence of coal power reduction policies is analyzed from diverse point of views. Full-life cycle cost model of coal power is established to fully reflect the external and internal cost. Then this model is introduced in an improved power planning optimization theory. The power planning and diverse scenarios production simulation shows that, in order to meet the power, electricity and peak balance of power system, China's coal power peak capacity is within 1.15 similar to 1.2 billion kilowatts before or after 2025. The research result is expected to be helpful to the power industry in 14th and 15th five-year periods, promoting the efficiency and safety of power system.