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The barriers and institutional arrangements of the implementation of renewable portfolio standard: A perspective of China

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  • Xin-gang, Zhao
  • Tian-tian, Feng
  • Lu, Cui
  • Xia, Feng

Abstract

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.

Suggested Citation

  • Xin-gang, Zhao & Tian-tian, Feng & Lu, Cui & Xia, Feng, 2014. "The barriers and institutional arrangements of the implementation of renewable portfolio standard: A perspective of China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 371-380.
  • Handle: RePEc:eee:rensus:v:30:y:2014:i:c:p:371-380 DOI: 10.1016/j.rser.2013.10.029
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    References listed on IDEAS

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    Cited by:

    1. Sun, Peng & Nie, Pu-yan, 2015. "A comparative study of feed-in tariff and renewable portfolio standard policy in renewable energy industry," Renewable Energy, Elsevier, vol. 74(C), pages 255-262.
    2. Choi, Dong Gu & Park, Sang Yong & Hong, Jong Chul, 2015. "Quantitatively exploring the future of renewable portfolio standard in the Korean electricity sector via a bottom-up energy model," Renewable and Sustainable Energy Reviews, Elsevier, vol. 50(C), pages 793-803.
    3. Wang, Tan & Gong, Yu & Jiang, Chuanwen, 2014. "A review on promoting share of renewable energy by green-trading mechanisms in power system," Renewable and Sustainable Energy Reviews, Elsevier, vol. 40(C), pages 923-929.
    4. Kayser, Dirk, 2016. "Solar photovoltaic projects in China: High investment risks and the need for institutional response," Applied Energy, Elsevier, pages 144-152.
    5. Dong, Jun & Feng, Tian-tian & Sun, Hong-xing & Cai, Hong-xin & Li, Rong & Yang, Yisheng, 2016. "Clean distributed generation in China: Policy options and international experience," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 753-764.
    6. Brown, Alistair, 2016. "The need for improved financial reporting of a developing country energy utility," Renewable and Sustainable Energy Reviews, Elsevier, vol. 59(C), pages 1448-1454.

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    Keywords

    China; Renewable portfolio standard; Barrier;

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