With the rapid development of its national economy,China has become a major producer and consumer of energy.To guarantee the sustainable development of power industry and national economy,China should exploit fossil a...With the rapid development of its national economy,China has become a major producer and consumer of energy.To guarantee the sustainable development of power industry and national economy,China should exploit fossil and renewable energy efficiently according to the development situation of generation resources.Firstly,this paper analyzes the utilization status of main generation resources in China,such as coal,hydropower and wind energy.Secondly,this paper illustrates the STEP model,which analyzes some issues for China’s generation resource utilization from political,economic,social and technological aspects.For example,the resource distribution is inconsistent with electricity demand,the renewable energy power output is intermittent,and there is some disruption in coal mining.Finally,combined with the utilization status and issues,this paper presents some improvement approaches from the perspectives of cost,efficiency and external influence.展开更多
One purpose of stimulating financing and investment through private capital is to absorb a higher proportion of renewables and promote renewable industry development.This paper first reviews the current overall situat...One purpose of stimulating financing and investment through private capital is to absorb a higher proportion of renewables and promote renewable industry development.This paper first reviews the current overall situation of renewables financing and investment,and further analyzes the policy environment with respect to the development plan,regulation and special funds.Based on the analysis of the status quo,the paper then discusses the internalities and the externalities that have driven the changes of private capital investment in renewable energy projects,illustrated by a strength,weakness,opportunity and threat(SWOT)analysis.An ideal financing model,public-private partnership and distributed energy resource pattern are analyzed to identify key arrangements and design proper development schemes for both private investors and the government.If China can overcome the defects and obstacles in a reasonable and orderly fashion,the financing and investment problem of China’s renewables industry will be solved in many ways.Private capital in China’s renewable energy market will bring great incentive if the entire industry can select some promising sub-industries in the renewables sector and choose some appropriate operation modes.展开更多
基金support by the National Natural Science Foundation of China(No.71273090)Fundamental Research Funds for the Central Universities(No.2015XS44)
文摘With the rapid development of its national economy,China has become a major producer and consumer of energy.To guarantee the sustainable development of power industry and national economy,China should exploit fossil and renewable energy efficiently according to the development situation of generation resources.Firstly,this paper analyzes the utilization status of main generation resources in China,such as coal,hydropower and wind energy.Secondly,this paper illustrates the STEP model,which analyzes some issues for China’s generation resource utilization from political,economic,social and technological aspects.For example,the resource distribution is inconsistent with electricity demand,the renewable energy power output is intermittent,and there is some disruption in coal mining.Finally,combined with the utilization status and issues,this paper presents some improvement approaches from the perspectives of cost,efficiency and external influence.
文摘One purpose of stimulating financing and investment through private capital is to absorb a higher proportion of renewables and promote renewable industry development.This paper first reviews the current overall situation of renewables financing and investment,and further analyzes the policy environment with respect to the development plan,regulation and special funds.Based on the analysis of the status quo,the paper then discusses the internalities and the externalities that have driven the changes of private capital investment in renewable energy projects,illustrated by a strength,weakness,opportunity and threat(SWOT)analysis.An ideal financing model,public-private partnership and distributed energy resource pattern are analyzed to identify key arrangements and design proper development schemes for both private investors and the government.If China can overcome the defects and obstacles in a reasonable and orderly fashion,the financing and investment problem of China’s renewables industry will be solved in many ways.Private capital in China’s renewable energy market will bring great incentive if the entire industry can select some promising sub-industries in the renewables sector and choose some appropriate operation modes.
