scholarly journals Study on China’s Renewable Energy Policy Reform and Improved Design of Renewable Portfolio Standard

Energies ◽  
2019 ◽  
Vol 12 (11) ◽  
pp. 2147 ◽  
Author(s):  
Fugui Dong ◽  
Lei Shi ◽  
Xiaohui Ding ◽  
Yuan Li ◽  
Yongpeng Shi
Keyword(s):  
Power Generation ◽  
Renewable Energy ◽  
Policy Reform ◽  
Electricity Price ◽  
Energy Structure ◽  
Renewable Portfolio Standard ◽  
Successful Implementation ◽  
Function Model ◽  
Revenue Function ◽  
The Impact

China officially implemented the renewable portfolio standard (RPS) on 1 January 2019, and it remains uncertain as to whether this can effectively solve the problem of renewable energy consumption in China and ease the pressure of government subsidies. In order to study the impact of this policy on China’s renewable energy power generation and explore RPS policy that is more suitable for the characteristics of China’s renewable energy, we first develop a revenue function model based on the just released RPS policy to explore the effectiveness of the policy, the feasibility conditions for successful implementation, and the problems that may be encountered during the implementation process. Then, we propose policy recommendations based on the possible problems of the current policy and design an “incremental electricity price” supplementary policy to improve the possibility of successful implementation of the RPS policy. Finally, an evolutionary game model is established to simulate and verify the possibility of successful implementation of the supplementary policy. The main research results are: (1) the essence of the current RPS policy is the comprehensive implementation policy of the RPS and feed-in-tariff (FiT); (2) because of the characteristics of China’s energy structure, the implementation of this policy reform is more resistant; (3) the quantitative research on the revenue function model shows that the current transaction price of the green certificate market is very low, which is not conducive to alleviating the state’s subsidy pressure on renewable energy power generation; and (4) analysis of empirical data shows that the successful implementation of the “incremental electricity price” policy relies on the initial strategies of grid companies and users.

scholarly journals Drága-e a megújuló? – A hazai megújuló villamosenergia-termelés hatása a villamos energia árára (Is the renewable energy expensive? – Impact of the Hungarian renewable based power generation on electricity price)

2014 ◽  
pp. 40-52
Author(s):  
András Mezősi
Keyword(s):  
Power Generation ◽  
Renewable Energy ◽  
Electricity Markets ◽  
Electricity Price ◽  
Electricity Prices ◽  
Power Generator ◽  
Renewable Power ◽  
Renewable Power Generation ◽  
Photo Voltaic ◽  
The Impact

A tanulmány arra keresi a választ, hogy a megújuló alapú áramtermelők támogatása csökkentőleg hathat- e a villamos energia nagykereskedelmi és kiskereskedelmi árára. Ez utóbbi tartalmazza a megújulók támogatásának összegét is. Számos elméleti cikk rámutatott arra, hogy nemcsak a nagykereskedelmi árak, hanem a kiskereskedelmi villamosenergia-árak is csökkenhetnek a drágább, megújuló alapú áramtermelők támogatása révén. A tanulmány során egy villamosenergia-piacokat szimuláló modell segítségével modellezi a szerző, hogy a különböző mennyiségű szélerőművi és fotovoltaikus kapacitás támogatása hogyan hat a magyarországi nagykereskedelmi és kiskereskedelmi árakra. _____ Impact of the Hungarian renewable based power generation on electricity price The aim of this paper is to answer the question whether the support of renewable power generation could decrease the wholesale and retail electricity prices. The latter one includes the support of renewables. Several studies point out that not only the wholesale, but the retail electricity prices could decrease when supporting the more expensive, renewable power generation. A model, which simulates the electricity markets, is used in order to analyse the impact of different level of wind and photo voltaic power generator support fee on Hungarian wholesale and retail electricity prices.

scholarly journals Barbados towards 100% Renewable Energy: Case Scenarios for 2030 National Energy Target Plans

2021 ◽  
Vol 44 (1) ◽  
pp. 11-17
Author(s):  
Sheldon Marshall ◽  
Randy Koon Koon
Keyword(s):  
Power Generation ◽  
Renewable Energy ◽  
Energy Security ◽  
Fossil Fuel ◽  
Environmental Parameters ◽  
Small Island ◽  
Annual Growth Rate ◽  
Energy Profile ◽  
Case Scenario ◽  
The Impact

The integration of renewable energy (RE) into the overall energy mix of Caribbean nations has been increasing in recent times. The volatile nature of the carbon-based industry through fluctuations in prices of fossil fuel based-products renders it necessary to promote an aggressive energy profile transition to renewable energy, as this is crucial to energy security in these vulnerable Small Island Developing States (SIDS). The nation of Barbados has notably understood this reality and, as such, its government has endorsed the approach of 100% RE implementation by 2030. This paper explores three distinctive annual growth rate (AGR) scenarios to assess the impact on the expected power generation, economic and environmental parameters through the period of 2019-2030. Notable findings at a high case scenario for 2030 (at an AGR of 3%) projects a power generation of 1.343 Tera-watts-hour (TWh), which will displace 790,500 barrels of oil equivalent (boe), resulting in an abatement of approximately 0.95 million tons of carbon dioxide into the atmosphere.

scholarly journals Does Combined Heat and Power Play the Role of a Bridge in Energy Transition? Evidence from a Cross-Country Analysis

2019 ◽  
Vol 11 (4) ◽  
pp. 1035 ◽  
Author(s):  
Hyo-Jin Kim ◽  
Jeong-Joon Yu ◽  
Seung-Hoon Yoo
Keyword(s):  
Power Generation ◽  
Renewable Energy ◽  
Electricity Generation ◽  
Nuclear Power ◽  
Energy Transition ◽  
Parameter Estimate ◽  
Combined Heat And Power ◽  
Cross Country ◽  
The Impact

In an era of energy transition involving an increase in renewable energy and a reduction in coal-fired power generation and nuclear power generation, the role of combined heat and power (CHP) as a bridging energy is highly emphasized. This article attempts to look empirically into the impact of increasing the share of renewable energy in total electricity generation on CHP share in total electricity generation in a cross-country context. Data from 35 countries during the period 2009–2015 were used, and the least absolute deviations estimator was applied to obtain a more robust parameter estimate. The results showed that a 1%p increase in the share of renewable energy significantly increased the CHP share by 0.87%p. Therefore, the hypothesis that CHP serves as bridge energy in the process of energy transition was established.

Repositioning gas in the power generation mix

2018 ◽  
Vol 58 (2) ◽  
pp. 647
Author(s):  
Martin Wilkes
Keyword(s):  
Power Generation ◽  
Renewable Energy ◽  
Energy Demand ◽  
International Energy Agency ◽  
Potential Range ◽  
Energy Agency ◽  
Energy Needs ◽  
World Energy ◽  
The One ◽  
The Impact

Since the turn of the century, gas has been highlighted as the transition fuel to a lower emissions world, and, in 2011, the International Energy Agency published a special report entitled ‘Are we entering the golden age of gas’, which indicated that gas use could rise by over 50% to provide more than 25% of world energy demand by 2035. Even though gas use has risen in tandem with the increase in renewable energy, over the past decade, coal has been the fastest growing fuel because developing countries choose cheap power to provide their growing energy needs. Gas has been, and continues to be, subject to a green, cheap squeeze; squeezed by cleaner renewables on the one hand, and cheaper coal on the other. This paper will look at the impact that increasing amounts of renewable energy has on existing power generation and supply systems, and provide insights into the potential range of outcomes in emission levels, and the need to not only discuss renewable energy target, but to also understand the total energy mix, and the need to reposition gas from a transition fuel to the natural long-term companion of renewables.

scholarly journals Priority directions of the energy sector development in the Republic of Turkey

2019 ◽  
Vol 124 ◽  
pp. 04022
Author(s):  
O. V. Luskatova ◽  
R. A. Eyvazov ◽  
M. M. Haytanova
Keyword(s):  
Power Generation ◽  
Renewable Energy ◽  
Alternative Energy ◽  
Renewable Energy Sources ◽  
Energy Sector ◽  
Energy Sources ◽  
Alternative Power ◽  
The Republic ◽  
The Impact ◽  
Republic Of Turkey

The impact of renewable energy sources on the national economy of the countries across the world will only increase in the near future. It is linked both with the policy of reducing the dependence on imported sources and the opportunities offered by alternative power. Having great prospects for using renewable energy sources in power generation, Turkey has been implementing coherent policy in this field. The article deals with the energy policy Republic of Turkey, analyzes its legislation, studies the trends in the alternative energy sector development as well as the current situation in the domestic power generation.

Status of Biomass Combustion Technologies in China

2009 ◽  
Author(s):  
Bin Li ◽  
Shenghong Ma
Keyword(s):  
Power Generation ◽  
Renewable Energy ◽  
Social Benefit ◽  
Energy Utilization ◽  
Biomass Combustion ◽  
Energy Structure ◽  
The Past ◽  
The Status ◽  
Power And Energy ◽  
Alternative Energies

With the developing and increasing of the economy, China is faced with the pressure from economy increasing and shortage of energy. Chinese power and energy structure inclines to be diversified. With consideration of the environmental, economical and social benefit of renewable energy utilization, evidently, biomass will play great roles in the future alternative energies; in China, biomass power generation has developed rapidly in the past few years for its promising prospect. In this paper, the status, trend, and the potential of biomass firing power in China are discussed; the feasibility and the significance of the large-scaled biomass power generation technologies are investigated; a series of measurement to reach the goals are proposed herein.

scholarly journals Can Green Finance Optimize Energy Structure: A Spatial Econometric Analysis based on China's Traditional and Renewable Energy Consumption

2021 ◽  
Author(s):  
Hui Wang ◽  
Lili Jiang ◽  
Hongjun Duan ◽  
Yifeng Wang ◽  
Yichen Jiang
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Spillover Effect ◽  
Energy Structure ◽  
Renewable Energy Consumption ◽  
Spatial Spillover ◽  
Consumption Structure ◽  
Green Finance ◽  
The Impact ◽  
Spatial Spillover Effect

Abstract This paper studies the impact of the development of green finance on China’s energy consumption structure. In terms of the construction of the green finance index (GFI), this paper selects 17 basic indexes from the three aspects of economy, finance, and environment, uses the improved entropy weight method to construct the GFI, and studies the spatial spillover effect of the GFI of China's provinces. This paper further studies the impact of green finance on traditional and renewable energy consumption. We first uses panel regression to determine that the development of green finance has a positive effect on the slowdown of traditional energy consumption and acceleration of renewable energy consumption, and then further studies the spatial characteristics of green finance development on energy consumption by using spatial Durbin model. The results show that there is a positive spatial spillover effect in the development of green finance among provinces in China. The development of green finance contributes to the conversion of traditional to renewable energy consumption. The effect of green finance on the transformation of energy consumption structure is mainly reflected in the direct effect. Therefore, the government should support the green finance, reduce traditional energy consumption and increase renewable energy consumption.

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