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Among the regulatory policies, feed-in tariffs (FIT) and renewable portfolio standards (RPS) are the most popular to promote the development of renewable energy power industry. This paper uses system dynamics (SD) to establish models of long-term development of the renewable energy power industry under FIT and RPS schemes, and provides a case study of China's wind power industry by using scenario analysis method. The model, on the one hand, not only clearly shows the complex logical relationship between the factors but also reveals the process of coordination between the two policy tools in the development of the renewable energy power industry. On the other hand, it provides a reference for scholars to study similar problems in different countries, thereby facilitating an understanding of the renewable energy power's long-term sustainable development pattern under FIT and RPS schemes, and helping to provide references for policy-making institutions. The results show that the integrate implementation of FIT and RPS can promote long-term and rapid development of China's wind power industry given the constraints and actions of the mechanisms of RPS quota proportion, the tradable green certificates (TGC) valid period, and fines. In addition, in the period of the construction of the TGC market, RPS quota growth rate and fine have a no significant effect on industrial development, however, with TGC market game becoming more and more fierce, both of them have a significant positive impact on the long-term development of the industry. TGC valid period has little effect on industrial development in our study. At the end of the paper, policy implications are offered as references for the government. [ABSTRACT FROM AUTHOR]

This paper studies the impact of China’s new energy policies on expected changes and volatility in new energy stock prices. Considering different kinds of policies (energy legislation, binding targets for new energies, economic incentives and technological research and development) and several new energy indexes (China’s new energy sector and the solar, wind, nuclear and lithium battery subsectors), we used a regression model with a GARCH specification and dummy variables to differentiate policy pre- and post-announcement effects on expected returns and volatility. Our evidence indicates that pre- and post-announcement energy legislation policies dampened price volatility in all subsector indexes and that economic incentives had a positive policy announcement effect on all subsector index prices. Other new energy policies had no significant impact on either the mean or the volatility of the new energy assets. The potential implications for policy makers and investors are discussed. [ABSTRACT FROM AUTHOR]

Developing biogas capacity is a key pillar in China’s rural sustainable development program. The very dynamic transition of the rural socio-economic platform on which the current biogas development strategy has been based will require significant adjustments in material, technology and supply. The changes of socio-economic status, the problems of resent state and prospects of rural biogas development in China, including fermentation material, fermentation technology, development model and comprehensive utilization of biogas, are discussed in this paper. The results of our analysis indicated the full use of straw as a raw material will be the direction of biogas development in China. Dry methane fermentation will become an important method in the large scale production of biogas from agricultural wastes. The central supply model is the future biogas development model in rural China. It is with broad market and great potential to produce commercial fertilizer from biogas residue. Using biogas to generate electricity has become a new and efficient way to use biogas. [ABSTRACT FROM AUTHOR]

Wind power industry has experienced swift development and gradually moved towards maturity in China. However some hiding issues have appeared and threatened its sustainable development. In this paper, we employ the supply chain framework to present a thorough and comprehensive review on China׳s wind power industry. First we identify key stakeholders along the supply chain and discuss their concerns. Then we summarize the evolution of related policies in both upstream and downstream of the supply chain. The concerns of stakeholders and the existing policies will help understand the progress and challenges of the industry in China. We find that inability of independent technique innovation, unordered and unbalanced pattern of wind farm development, de-motivation of power grid companies, incompatible technical codes of power grid operation, and neglected demand response are among the key issues. Policy recommendations are proposed to address these problems. [ABSTRACT FROM AUTHOR]