1. Empirical evidence based effectiveness assessment of policy regimes for wind power development in China.
- Author
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Liu, Tingting, Chen, Zhe, and Xu, Jiuping
- Subjects
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WIND power , *RENEWABLE energy sources , *PANEL analysis , *ENERGY security - Abstract
As a renewable energy, wind power has been improving energy structures and assisting in the maintenance of strategic energy security. Based on provincial level panel data from 2000 to 2018, this paper developed models to evaluate the effects of different policies on newly installed wind power capacity and investigated the market reform influences on wind development in eight spot market pilots. It was found that on a national level, while the pricing and government guideline policies significantly promoted wind power growth, present market reforms were having an opposite effect. The results also suggested that from a resource endowment heterogeneity perspective, there was a significant difference in the wind capacity promotion policy performances. Additionally, of the eight spot market pilots, market designs had led to a significant reduction in new wind power installations in Gansu and Inner Mongolia, and no significant wind power development effects were found in the other pilots. Based on the research results, a discussion on policy use and suggestions on policy improvements are given. • Effectiveness of different representative wind power policies are examined. • The panel models are developed using data that covers 30 provinces over 2000–2018. • Policy effectiveness varies by policy types and wind resource levels. • The current market designs show little impact on wind power development. • Implications on policy use and improvement suggestions are given. [ABSTRACT FROM AUTHOR]
- Published
- 2022
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