The barriers and institutional arrangements of the implementation of renewable portfolio standard: A perspective of China
Compared to the Feed-in tariff in China, the Renewable Portfolio Standard (RPS) could not only help to change the driving force of renewable energy industry development, but also provide the renewable energy industry with incentives to achieve the governments' planned goal. This paper first compares the features of RPS of the major industrialized countries. Second the barriers of implementing the Renewable Portfolio Standard in China are analyzed from five aspects. Finally, based on the above analysis, this paper puts forward relative institutional arrangements for the implementation of Renewable Portfolio Standard in China making recommendations for the development of renewable energy industry.
Volume (Year): 30 (2014)
Issue (Month): C ()
|Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/description#description|
|Order Information:|| Postal: http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Marchenko, O.V., 2008. "Modeling of a green certificate market," Renewable Energy, Elsevier, vol. 33(8), pages 1953-1958.
- Agnolucci, Paolo, 2007. "The effect of financial constraints, technological progress and long-term contracts on tradable green certificates," Energy Policy, Elsevier, vol. 35(6), pages 3347-3359, June.
- Amundsen, Eirik S. & Baldursson, Fridrik M. & Mortensen, Jørgen Birk, 2003.
"Price Volatility and Banking in Green Certificate Markets,"
Working Papers in Economics
02/03, University of Bergen, Department of Economics.
- Eirik Amundsen & Fridrik Baldursson & Jørgen Mortensen, 2006. "Price Volatility and Banking in Green Certificate Markets," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 35(4), pages 259-287, December.
- Eirik S. Amundsen & Fridrik M. Baldursson & Jørgen Birk Mortensen, 2005. "Price Volatility and Banking in Green Certificate Markets," Discussion Papers 05-08, University of Copenhagen. Department of Economics.
- Bird, Lori & Chapman, Caroline & Logan, Jeff & Sumner, Jenny & Short, Walter, 2011. "Evaluating renewable portfolio standards and carbon cap scenarios in the U.S. electric sector," Energy Policy, Elsevier, vol. 39(5), pages 2573-2585, May.
- Espey, Simone, 2001. "Renewables portfolio standard: a means for trade with electricity from renewable energy sources?," Energy Policy, Elsevier, vol. 29(7), pages 557-566, June.
- Nielsen, Lene & Jeppesen, Tim, 2003. "Tradable Green Certificates in selected European countries--overview and assessment," Energy Policy, Elsevier, vol. 31(1), pages 3-14, January.
- Amundsen, Eirik S. & Mortensen, Jorgen Birk, 2001. "The Danish Green Certificate System: some simple analytical results," Energy Economics, Elsevier, vol. 23(5), pages 489-509, September.
- Chandler, Jess, 2009. "Trendy solutions: Why do states adopt Sustainable Energy Portfolio Standards?," Energy Policy, Elsevier, vol. 37(8), pages 3274-3281, August.
- Palmer, Karen & Paul, Anthony & Woerman, Matt, 2011.
"Federal Policies for Renewable Electricity: Impacts and Interactions,"
dp-10-53, Resources For the Future.
- Palmer, Karen & Paul, Anthony & Woerman, Matt & Steinberg, Daniel C., 2011. "Federal policies for renewable electricity: Impacts and interactions," Energy Policy, Elsevier, vol. 39(7), pages 3975-3991, July.
- Xingang, Zhao & Jieyu, Wang & Xiaomeng, Liu & Pingkuo, Liu, 2012. "China’s wind, biomass and solar power generation: What the situation tells us?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(8), pages 6173-6182.
- Morthorst, P. E., 2003. "A green certificate market combined with a liberalised power market," Energy Policy, Elsevier, vol. 31(13), pages 1393-1402, October.
- Contaldi, Mario & Gracceva, Francesco & Tosato, Giancarlo, 2007. "Evaluation of green-certificates policies using the MARKAL-MACRO-Italy model," Energy Policy, Elsevier, vol. 35(2), pages 797-808, February.
- Nilsson, Mats & Sundqvist, Thomas, 2007. "Using the market at a cost: How the introduction of green certificates in Sweden led to market inefficiencies," Utilities Policy, Elsevier, vol. 15(1), pages 49-59, March.
- Jensen, Stine Grenaa & Skytte, Klaus, 2003. "Simultaneous attainment of energy goals by means of green certificates and emission permits," Energy Policy, Elsevier, vol. 31(1), pages 63-71, January.
- Lemming, Jacob, 2003. "Financial risks for green electricity investors and producers in a tradable green certificate market," Energy Policy, Elsevier, vol. 31(1), pages 21-32, January.
- Finon, Dominique & Perez, Yannick, 2007.
"The social efficiency of instruments of promotion of renewable energies: A transaction-cost perspective,"
Elsevier, vol. 62(1), pages 77-92, April.
- D. Finon & Y. Perez, 2007. "The social efficiency of instruments of promotion of renewable energies: A transaction-cost perspective," Post-Print hal-00716667, HAL.
- Verhaegen, Karolien & Meeus, Leonardo & Belmans, Ronnie, 2009. "Towards an international tradable green certificate system--The challenging example of Belgium," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(1), pages 208-215, January.
- Tamás, Mészáros Mátyás & Bade Shrestha, S.O. & Zhou, Huizhong, 2010. "Feed-in tariff and tradable green certificate in oligopoly," Energy Policy, Elsevier, vol. 38(8), pages 4040-4047, August.
- Amundsen, E.S. & Mortensen, J.B., 2001. "The Danish Green Certificate System: Some Simple Analytical Results," Norway; Department of Economics, University of Bergen 226, Department of Economics, University of Bergen.
- Bergek, Anna & Jacobsson, Staffan, 2010. "Are tradable green certificates a cost-efficient policy driving technical change or a rent-generating machine? Lessons from Sweden 2003-2008," Energy Policy, Elsevier, vol. 38(3), pages 1255-1271, March.
- Chen, Cliff & Wiser, Ryan & Mills, Andrew & Bolinger, Mark, 2009. "Weighing the costs and benefits of state renewables portfolio standards in the United States: A comparative analysis of state-level policy impact projections," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(3), pages 552-566, April.
- Fristrup, Peter, 2003. "Some challenges related to introducing tradable green certificates," Energy Policy, Elsevier, vol. 31(1), pages 15-19, January.
- Kildegaard, Arne, 2008. "Green certificate markets, the risk of over-investment, and the role of long-term contracts," Energy Policy, Elsevier, vol. 36(9), pages 3413-3421, September.
- Aune, Finn Roar & Dalen, Hanne Marit & Hagem, Cathrine, 2012. "Implementing the EU renewable target through green certificate markets," Energy Economics, Elsevier, vol. 34(4), pages 992-1000.
- Unger, Thomas & Ahlgren, Erik O., 2005. "Impacts of a common green certificate market on electricity and CO2-emission markets in the Nordic countries," Energy Policy, Elsevier, vol. 33(16), pages 2152-2163, November.
- Knutsson, David & Werner, Sven & Ahlgren, Erik O., 2006. "Combined heat and power in the Swedish district heating sector--impact of green certificates and CO2 trading on new investments," Energy Policy, Elsevier, vol. 34(18), pages 3942-3952, December.
- Tsao, C.-C. & Campbell, J.E. & Chen, Yihsu, 2011. "When renewable portfolio standards meet cap-and-trade regulations in the electricity sector: Market interactions, profits implications, and policy redundancy," Energy Policy, Elsevier, vol. 39(7), pages 3966-3974, July.
When requesting a correction, please mention this item's handle: RePEc:eee:rensus:v:30:y:2014:i:c:p:371-380. See general information about how to correct material in RePEc.
If references are entirely missing, you can add them using this form.