"Carbon zero" typically refers to a situation in which an entity, such as a company, country, or product, has a net-zero carbon footprint. This means that any carbon dioxide (CO2) emissions produced are balanced out by measures that either prevent or offset an equivalent amount of CO2 from being released into the atmosphere.
In the context of electricity production, achieving carbon zero would mean generating electricity without releasing carbon dioxide into the atmosphere, often through renewable energy sources like wind, solar, or hydroelectric power.
So, the correct interpretation of "carbon zero" from the options you provided would be closest to:
Releasing zero carbon dioxide when producing electricity.