Search

China's west has long been framed as an undeveloped frontier, set apart by poverty and a resource-based economy. Since the 2000s, however, utility-scale renewable energy infrastructure has expanded rapidly in western China, promising local economic benefits tied to national low-carbon transition. This paper contends that these benefits have been precarious and unevenly distributed. I argue that utility-scale renewable energy has remade western China as a "low-carbon frontier," a resource-rich region that generates low-carbon value for the national green economy. I highlight three features of low-carbon frontiers: they are constructed as spaces of exploitable low-carbon resources, creating an investment boom; they are enclosed through new land arrangements and infrastructure construction, rapidly and with little coordination; and they are reliant on external markets and policy decisions, entrenching dependency. These conditions make it difficult for frontier regions to capture sustained economic development benefits from the boom in the absence of persistent central state supports. I analyse these features by comparing two sets of technologies with similar, but ultimately diverging, trajectories: small and large hydropower in China's south-west, and solar and wind in the north-west. [ABSTRACT FROM AUTHOR]

In the context of sustainable development, the renewable energy technology innovation (RETI) may have a potential impact upon the industrial structure upgrading, while green finance will play a moderating part. This paper studies the role of green finance and renewable energy technological innovation on industrial structure in China. We found that RETI has contributed significantly to the adjustment of industrial structure. The research results of PVAR (Panel Vector Autoregressive) model further prove this dynamic and continuous positive promotion. The threshold regression results indicate that with the improvement of green finance, there is a non-linear relationship between RETI and industrial structure. In areas where green finance is relatively low, RETI can inhibit the upgrading of industrial structure. When the degree of green finance development is relatively high, the influence of RETI on industrial structure is remarkably positive. Heterogeneity analysis shows that in eastern China, renewable energy technological innovation has significantly promoted the industrial structure upgrading. Therefore, policy makers should take various measures to expedite the green finance development and strengthen the green finance support to renewable energy technology innovations. Chinese government has the need to continue to implement related green credit policies and expand the source of green funds. • Study the impact of renewable energy technology innovation on industrial structure. • Green finance is a moderating variable. • Threshold regression model is used to study nonlinear relationship. • Renewable energy technology innovation positively impacts industrial structure. • Green finance has a positive moderating effect. [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]

China is vast, abundant and particularly plentiful in energy sources, due to which it has obtained remarkable achievements on economy. However, its energy structure is too simple to support the sustainable development of economy as coal still contributes to the majority of energy consumption in China. As a consequence, Renewable Energy Law was enacted in 2005, and Chinese government announced a series of policies to boom renewable energy industry. Subsidy policy is one of the major forms of these policies. This paper aims to present these subsidy policies and to analyze their effects according to relative data in energy industry 2005–2013, to find out the deficiencies and enlighten possible policy improvements. The original intentions and abstracts of 5 different levels of subsidy related policies are summarized, and the effects in reality are attentively analyzed. It can be concluded that subsidy policies have different short-term effect on different renewable energies, and they all show some negative effect to a certain extent. 6 core problems are summarized in this paper, and remedy strategies are suggested. [ABSTRACT FROM AUTHOR]

At present, there is no specific legal basis for the development and utilisation of marine renewable energy, nor legal protection for the developers in China. The consequence is that the Chinese Government is unable to provide institutional support for the substantive development of marine renewable energy, resulting in slow development of China's marine energy industry. This paper provides an institutional framework for the establishment of relevant laws in China and legislative proposals in legal perspective, for the better development of marine renewable energy. The Chinese Government should optimise the administrative management system, strengthen financial regulation such as tax and emphasise sustainable development. [ABSTRACT FROM AUTHOR]

The ecological protection project of substituting small hydropower for fuel (SSHF) in China is to consolidate the achievements of conceding the land to forestry and natural forest protection, solve the problems of the peasants' fuel and rural energy, protect the ecological environment, and promote the comprehensive development of rural economy and society. It is of great importance to the sustainable development of China in the 21st century. This paper provides a survey of substituting small hydropower for fuel in China. Over the last ten years, using small hydropower to replace the rural living fuel in China has resulted in great fruits. By the end of 2013, 252 SSHF projects had been completed in China, and the newly installed capacity of the SSHF power plants had reached 564 MW (MW). The demand of 1.593 million rural residents for living fuel and energy had been met in a long term, 6.29 million ac-res of the forest area had been protected, and the emission of a large amount of pollutants had been decreased. Moreover, many SSHF projects all over the country are still under construction. With regard to the challenges existing in the development course, some suggestions have been proposed. Implementation of the SSHF project will help realize the harmonious coexistence between human beings and the nature in China. [ABSTRACT FROM AUTHOR]

The purpose of this paper is to assess the status and progress of rural household energy sustainable development in China. A new composite indicator, rural energy sustainable development index (RESDI), is developed based on the improved grouped principal component analysis method (GPCA) which is the combination utilization of principal component analysis (PCA), factor analysis (FA), and entropy weight method. The improved grouped principal component analysis method keeps the advantages of principal component analysis and factor analysis. To capture the characters of rural energy sustainable development, ten indicators selected based on the criteria presented by OECD are designed to construct the RESDI. The main results are as follows. The RESDI increased from 0.185 in 1991 to 3.189 in 2012. However, the curve of RESDI can be divided into three phases: a slow increase stage between 1991 and 1996, a rapid decrease stage from 1997 to 1998, and a rapid increase stage between 1999 and 2012. [ABSTRACT FROM AUTHOR]

Renewable energy is believed to be the central issue in sustainable development. Literatures on renewables׳ costs are rather sparse, especially on costs of integration and system balancing. The objective of this paper is to fill the research gap by providing an assessment for the cost of China׳s grid-connected renewable energy development and analyze its sharing between different stakeholders. Due to China׳s pricing mechanism of renewable energy and their cost decreasing potential, the pricing model of feed-in tariff and dynamic technological learning processes are employed. In the estimation of purchasing cost, the positive bias is overcome by considering China׳s energy-saving dispatching policy. The results suggest that purchasing cost would be 32.57–40.80 billion Yuan over 2012–2020, and peak in 2017. Grid integration costs which further involve costs of grid infrastructure and system balancing are also investigated. We find that grid infrastructure will cost 27.88 billion Yuan by 2015 and soar to 45.32 billion by 2020, while system balancing will cost 31.49 billion Yuan in 2015 and 63.97 billion Yuan in 2020 among which a substantial part (over 60%) comes from electricity loss in energy transfer. The different parts of these costs are underwritten by disparate participants due to China׳s renewable energy policies and its institutional arrangement. Purchasing cost is shared by power consumers through RES; the cost of grid infrastructure is mainly covered by grid enterprises; and there is no mechanism to specify how to share the cost electricity loss during system balancing which might become a major obstacle for system balancing. [ABSTRACT FROM AUTHOR]

Nowadays, renewable energy plays a vital role in the sustainable development of a society. In China, renewable energy power has developed rapidly since the implementation of Renewable Energy Act. Through a series of specific incentive measures, especially subsidy policies, China's renewable energy power has made great achievements both in technology and application. Based on the state-of-the-art of renewable energy power, this paper comprehensively analyzed the costs and benefits of renewable energy power subsidy in China. The analysis results show the cost of renewable energy power subsidy was 0.248 CNY/kWh between 2006 and April 2011, which was distributed among different renewable energy power types (including wind power, biomass power, and solar PV power) or categories (including electricity price, accessing-grid projects, and public independent renewable energy power system). On the other hand, the renewable energy power subsidy also brings benefits to different aspects of the society. Specifically, the environmental benefit amounted to 17.88 billion CNY, and the benefits of guaranteeing energy security, advancing technology innovation and promoting economic development were also noteworthy. [ABSTRACT FROM AUTHOR]

Green bonds have increasingly been utilized around the world as a source of financing for renewable energy development, designed with compliance requirements and measurable economic returns to investors, while mitigating climate change. However, the efficacy of green bond arranged in the emerging economies for financing renewable energy assets and how the underlying risks are managed have remained to be explored. The paper aims to examine the evolving green financial system sponsored by both public and private institutions in managing such risks within China's emerging economy. A case study of green financing for a bundle of wind power assets led by a state-owned enterprise (SOE) reveals an alternative approach by structuring public–private collaboration while stipulating market-based financial incentives to institutional stakeholders under a political economy. This institutional consortium is composed of a state development bank, a commercial bank, credit rating agencies, institutional and private investors, regional power purchasers, and carbon trading entities. Financial stakeholders' risk in such emerging sustainable investment is moderated by these participating institutions and structured "upsides" from carbon trading aligned with the framework of green finance and standards for green bond development. The results reveal the potentials of scaling up the development of renewable energy by adequately managing and sharing key risks, while allocating substantial funding into renewable energy projects under such a green financial system that is to be complementary with a scalable post COVID-19 economic recovery. [ABSTRACT FROM AUTHOR]