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Promote the development of renewable energy: A review and empirical study of wind power in China

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  • Li, Hong
  • Xie, Minghua
  • Zhang, Tingting

Abstract

It is highly significant for China to improve its development of wind power. In order to promote the sustainable development, a more comprehensive evaluation of factors affecting the effectiveness of investment in the industry wind power is required to be conducted to formulate a relatively stable policy supporting mechanism for the development of wind power. Based on the green accounting framework, this paper evaluates a typical wind power project from economic, environment and energy alternative respects comprehensively. We simulate the main factors influencing cost and benefit of the wind power investment with the Monte Carlo method. Finally, we discuss how to promote wind power with respect to the concern of government, investors and environmentalists.

Suggested Citation

  • Li, Hong & Xie, Minghua & Zhang, Tingting, 2013. "Promote the development of renewable energy: A review and empirical study of wind power in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 22(C), pages 101-107.
    • Handle: RePEc:eee:rensus:v:22:y:2013:i:c:p:101-107
    DOI: 10.1016/j.rser.2013.01.025
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    Cited by:

    1. Wu, Zhongqun & Sun, Hongxia & Du, Yihang, 2014. "A large amount of idle capacity under rapid expansion: Policy analysis on the dilemma of wind power utilization in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 32(C), pages 271-277.
    2. Huiru Zhao & Sen Guo & Hongze Li, 2015. "Economic Impact Assessment of Wind Power Integration: A Quasi-Public Goods Property Perspective," Energies, MDPI, vol. 8(8), pages 1-26, August.
    3. Zeng, Ming & Duan, Jinhui & Wang, Liang & Zhang, Yingjie & Xue, Song, 2015. "Orderly grid connection of renewable energy generation in China: Management mode, existing problems and solutions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 41(C), pages 14-28.

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