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Policy impact of cancellation of wind and photovoltaic subsidy on power generation companies in China

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  • Liu, Da
  • Liu, Yumeng
  • Sun, Kun

Abstract

Renewable energy is environmentally friendly and with subsidies stimulating, global wind power and photovoltaic (PV) power generation industries are developing rapidly. As the biggest renewable energy generation country, China's wind power, and PV power generation industries have high growth and are suffering from the subsidy gap. Therefore, China's government gradually reduced and canceled the subsidies. The cancellation of subsidies brought challenges and opportunities to power generation companies.

Suggested Citation

  • Liu, Da & Liu, Yumeng & Sun, Kun, 2021. "Policy impact of cancellation of wind and photovoltaic subsidy on power generation companies in China," Renewable Energy, Elsevier, vol. 177(C), pages 134-147.
    • Handle: RePEc:eee:renene:v:177:y:2021:i:c:p:134-147
    DOI: 10.1016/j.renene.2021.05.107
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    References listed on IDEAS

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