Search

China's renewable energy products have an important place in international trade, and the conclusion of the RCEP agreement can create favourable external conditions for China's renewable energy product exports. This paper measures the export potential of China's renewable energy products to other RCEP countries through a trade gravity model. The results show that (1) the GDP of the importing and exporting countries, the energy consumption of the importing countries, and the particulate emissions damage significantly enhance China's renewable energy product exports; (2) among the RCEP countries, China has a greater potential to export renewable energy products to five countries in 2020, which are mainly located in East and Southeast Asia; and (3) from a dynamic perspective, China's renewable energy trade potential is increasing, while in the Oceania region it is weakening, while trade links to Southeast Asian countries are developing in a more mature direction. Based on the above research, this paper puts forward corresponding policy recommendations. [ABSTRACT FROM AUTHOR]

Summary: For the first time, this paper investigates the relationship between crowdfunding and renewable energy generation for a panel of 32 countries from 2013 to 2018. Applying the instrumental variable generalised method of moment, this study indicated that crowdfunding has a significant positive effect on renewable energy generation. Notably, 1% increase in crowdfunding raises renewable energy generation by 0.35%. Specifically, we also found that crowdfunding spurs the generation of solar energy (0.45%), wind energy (0.37%), and other renewable energy (0.30%) while having a neutral effect on hydroelectricity generation. The findings from the causality analysis showed that there is bi‐directional causality between crowdfunding and renewable energy generation. Country‐specific analysis indicated that China has the highest effect of crowdfunding on renewable energy generation, while the United Arab Emirates has the lowest effect. These findings suggest that policymakers need to advance crowdfunding development by promoting favourable regulations, social capital (trust), and internet infrastructure investment. Policies that advance renewable energy generation, such as subsidies, feed‐in‐tariffs, and technology procurement, are also recommended. Highlights: Examines the effect of crowdfunding on renewable energy generation.Use a panel of 32 countries from 2013 to 2018.Crowdfunding drives renewable energy generation.There exists bi‐directional causality between crowdfunding and renewable energy generation.China has the highest effect of crowdfunding on renewable energy generation. NOVELTY STATEMENT: This study has, for the first time, measured the contributions of crowdfunding to renewable energy generation. The study has also demonstrated that there exists bi‐directional causality between crowdfunding and renewable energy generation. Finally, this study has shown that China has the highest effect of crowdfunding on renewable energy generation. [ABSTRACT FROM AUTHOR]

Summary: China's high‐speed economic growth and ambitious urbanization depend heavily on the massive consumption of fossil fuel. However, the over‐dependence on the depleting fossil fuels causes severe environmental problems, making China the largest energy consumer and the biggest CO2 emitter in the world. Faced with significant challenges in terms of managing its environment and moving forward with the concept of sustainable economic development, the Chinese government plans to move away from fossil fuels and rely on renewables such as hydropower, wind power, solar power, biomass power and nuclear power. In this paper, the current status of China's renewable energy deployment and the ongoing development projects are summarized and discussed. Most recent developments of major renewable energy sources are clearly reviewed. Additionally, the renewable energy development policies including laws and regulations, economic encouragement, technical research and development are also summarized. This study showcases China's achievements in exploiting its abundant domestic renewable energy sources to meet the future energy demand and reducing carbon emissions. To move toward a low carbon society, technological progress and policy improvements are needed for improving grid access (wind), securing nuclear fuel supplies and managing safety protocols (nuclear), integrating supply chains to achieve indigenous manufacture of technologies across supply chains (solar). Beyond that, a preliminary prediction of the development of China's future renewable energy developments, and proposes targeted countermeasures and suggestions are proposed. The proposal involves developing smart‐grid system, investing on renewable energy research, improving the feed‐in tariff system and clarifying the subsidy system. [ABSTRACT FROM AUTHOR]

Summary: Access to energy has increasingly been provided by the Chinese Government via new alternative energy sources known as renewables in recent years. Meanwhile, the development and use of environmentally friendly renewables gradually become the basic requirements for the sustainable development in the future society. The integration of blockchain technology with distributed photovoltaic (PV) energy may break the existing pattern where the production, transportation, distribution, and sales of energy are centralized. This paper first reviews the current overall situation of China's distributed PV and further analyzes the policy environment with respect to the development of distributed PV. On the basis of the analysis of the status quo, the paper then discusses the internalities (strengths and weaknesses) and the externalities (opportunities and threats) that have driven the development of China's distributed PV by illustrating the SWOT analysis. The data structure and characteristics of blockchain are analyzed to identify the application mode of blockchain technology in the distributed PV industry for the first time. Through our research, some conclusions and policy proposals are finally put forward to provide support to the formulation of related policy in the Chinese Government and industry association. [ABSTRACT FROM AUTHOR]