IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v14y2021i14p4096-d590007.html
   My bibliography  Save this article

How Policies Guide and Promoted Wind Power to Market Transactions in China during the 2010s

Author

Listed:
  • Shuo Zhang

    (School of Economics and Management, North China Electric Power University, Beijing 102206, China
    Beijing Key Laboratory of New Energy and Low-Carbon Development, North China Electric Power University, Beijing 102206, China)

  • Li Chen

    (School of Economics and Management, North China Electric Power University, Beijing 102206, China)

  • Yidan Zheng

    (School of Economics and Management, North China Electric Power University, Beijing 102206, China)

  • Yingzi Li

    (School of Economics and Management, University of Science and Technology Beijing, Beijing 100083, China)

  • Ying Li

    (School of Economics and Management, North China Electric Power University, Beijing 102206, China)

  • Ming Zeng

    (School of Economics and Management, North China Electric Power University, Beijing 102206, China)

Abstract

Chinese wind power policies have productively promoted the development of wind power and also promoted the process of wind power participation in electricity market transactions. However, with policy emphasis on investment and neglect of utilization, there have been some difficulties in the development of Chinese wind power. To highlight the guiding role of policy and improve the wind power policy system, an analysis of Chinese wind power policies is conducted in this paper. First, aiming at the main components of wind power chain, including wind power construction, grid connection, transmission, and sales, a comprehensive and systematic frame of Chinese wind power policy system is proposed from the three aspects of development planning, administrative management and market transactions. Second, the indicator system of Chinese wind power development effectiveness is extracted, including installed capacity, power generation, power utilization hours, carbon emission reduction, investment, on-grid power price, wind curtailment rate, etc., and the effectiveness of policy implementation is verified. Third, new policy recommendations are proposed from parts of transmission, consumption, and market, for the development of Chinese wind power industry in the 14th Five-Year Plan period and the goal to reach the crest value of carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060. In this paper, advice to supplement and improve the Chinese wind power policy system is provided, which may it promote better development of Chinese wind power in the following decade from the policy point of view.

Suggested Citation

  • Shuo Zhang & Li Chen & Yidan Zheng & Yingzi Li & Ying Li & Ming Zeng, 2021. "How Policies Guide and Promoted Wind Power to Market Transactions in China during the 2010s," Energies, MDPI, vol. 14(14), pages 1-24, July.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:14:p:4096-:d:590007
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/14/14/4096/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/14/14/4096/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Yin, Haitao & Powers, Nicholas, 2010. "Do state renewable portfolio standards promote in-state renewable generation[glottal stop]," Energy Policy, Elsevier, vol. 38(2), pages 1140-1149, February.
    2. Zhang, Xingping & Liang, Yanni & Yu, Enhai & Rao, Rao & Xie, Jian, 2017. "Review of electric vehicle policies in China: Content summary and effect analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 70(C), pages 698-714.
    3. Klessmann, Corinna & Held, Anne & Rathmann, Max & Ragwitz, Mario, 2011. "Status and perspectives of renewable energy policy and deployment in the European Union—What is needed to reach the 2020 targets?," Energy Policy, Elsevier, vol. 39(12), pages 7637-7657.
    4. Mu, Yaqian & Cai, Wenjia & Evans, Samuel & Wang, Can & Roland-Holst, David, 2018. "Employment impacts of renewable energy policies in China: A decomposition analysis based on a CGE modeling framework," Applied Energy, Elsevier, vol. 210(C), pages 256-267.
    5. Guoliang Luo & Erli Dan & Xiaochun Zhang & Yiwei Guo, 2018. "Why the Wind Curtailment of Northwest China Remains High," Sustainability, MDPI, vol. 10(2), pages 1-26, February.
    6. Barbose, Galen & Wiser, Ryan & Heeter, Jenny & Mai, Trieu & Bird, Lori & Bolinger, Mark & Carpenter, Alberta & Heath, Garvin & Keyser, David & Macknick, Jordan & Mills, Andrew & Millstein, Dev, 2016. "A retrospective analysis of benefits and impacts of U.S. renewable portfolio standards," Energy Policy, Elsevier, vol. 96(C), pages 645-660.
    7. He, Yongxiu & Pang, Yuexia & Zhang, Jixiang & Xia, Tian & Zhang, Ting, 2015. "Feed-in tariff mechanisms for large-scale wind power in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 9-17.
    8. Shrimali, Gireesh & Lynes, Melissa & Indvik, Joe, 2015. "Wind energy deployment in the U.S.: An empirical analysis of the role of federal and state policies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 43(C), pages 796-806.
    9. Kang, Junjie & Yuan, Jiahai & Hu, Zhaoguang & Xu, Yan, 2012. "Review on wind power development and relevant policies in China during the 11th Five-Year-Plan period," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(4), pages 1907-1915.
    10. Saidur, R. & Islam, M.R. & Rahim, N.A. & Solangi, K.H., 2010. "A review on global wind energy policy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(7), pages 1744-1762, September.
    11. He, Y.X. & Xia, T. & Liu, Z.Y. & Zhang, T. & Dong, Z., 2013. "Evaluation of the capability of accepting large-scale wind power in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 19(C), pages 509-516.
    12. Guo, Xiaopeng & Guo, Xiaodan, 2016. "Nuclear power development in China after the restart of new nuclear construction and approval: A system dynamics analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 999-1007.
    13. Dunguo Mou, 2018. "Wind Power Development and Energy Storage under China’s Electricity Market Reform—A Case Study of Fujian Province," Sustainability, MDPI, vol. 10(2), pages 1-20, January.
    14. Ma, Zhixiao & Xue, Bing & Geng, Yong & Ren, Wanxia & Fujita, Tsuyoshi & Zhang, Zilong & Puppim de Oliveira, Jose A. & Jacques, David A. & Xi, Fengming, 2013. "Co-benefits analysis on climate change and environmental effects of wind-power: A case study from Xinjiang, China," Renewable Energy, Elsevier, vol. 57(C), pages 35-42.
    15. Zhao, Xiaoli & Li, Shujie & Zhang, Sufang & Yang, Rui & Liu, Suwei, 2016. "The effectiveness of China's wind power policy: An empirical analysis," Energy Policy, Elsevier, vol. 95(C), pages 269-279.
    16. Shen, Xingchi & Lyu, Shoujun, 2019. "Wind power development, government regulation structure, and vested interest groups: Analysis based on panel data of Province of China," Energy Policy, Elsevier, vol. 128(C), pages 487-494.
    17. Delmas, Magali A. & Montes-Sancho, Maria J., 2011. "U.S. state policies for renewable energy: Context and effectiveness," Energy Policy, Elsevier, vol. 39(5), pages 2273-2288, May.
    18. Zhang, Yuning & Tang, Ningning & Niu, Yuguang & Du, Xiaoze, 2016. "Wind energy rejection in China: Current status, reasons and perspectives," Renewable and Sustainable Energy Reviews, Elsevier, vol. 66(C), pages 322-344.
    19. Xia, Fang & Song, Feng, 2017. "The uneven development of wind power in China: Determinants and the role of supporting policies," Energy Economics, Elsevier, vol. 67(C), pages 278-286.
    20. Sun, Shengpeng & Liu, Fengliang & Xue, Song & Zeng, Ming & Zeng, Fanxiao, 2015. "Review on wind power development in China: Current situation and improvement strategies to realize future development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 45(C), pages 589-599.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ning Xiang & Limao Wang & Shuai Zhong & Chen Zheng & Bo Wang & Qiushi Qu, 2021. "How Does the World View China’s Carbon Policy? A Sentiment Analysis on Twitter Data," Energies, MDPI, vol. 14(22), pages 1-17, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sahu, Bikash Kumar, 2018. "Wind energy developments and policies in China: A short review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 1393-1405.
    2. Zhang, Pan, 2019. "Do energy intensity targets matter for wind energy development? Identifying their heterogeneous effects in Chinese provinces with different wind resources," Renewable Energy, Elsevier, vol. 139(C), pages 968-975.
    3. Polzin, Friedemann & Egli, Florian & Steffen, Bjarne & Schmidt, Tobias S., 2019. "How do policies mobilize private finance for renewable energy?—A systematic review with an investor perspective," Applied Energy, Elsevier, vol. 236(C), pages 1249-1268.
    4. Schumacher, Kim & Yang, Zhuoxiang, 2018. "The determinants of wind energy growth in the United States: Drivers and barriers to state-level development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 97(C), pages 1-13.
    5. Chen, Hao & Chen, Jiachuan & Han, Guoyi & Cui, Qi, 2022. "Winding down the wind power curtailment in China: What made the difference?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 167(C).
    6. Rountree, Valerie, 2019. "Nevada's experience with the Renewable Portfolio Standard," Energy Policy, Elsevier, vol. 129(C), pages 279-291.
    7. Bilgili, Faik & Kuşkaya, Sevda & Toğuç, Nurhan & Muğaloğlu, Erhan & Koçak, Emrah & Bulut, Ümit & Bağlıtaş, H. Hilal, 2019. "A revisited renewable consumption-growth nexus: A continuous wavelet approach through disaggregated data," Renewable and Sustainable Energy Reviews, Elsevier, vol. 107(C), pages 1-19.
    8. Zhou, Shan & Solomon, Barry D., 2020. "Do renewable portfolio standards in the United States stunt renewable electricity development beyond mandatory targets?," Energy Policy, Elsevier, vol. 140(C).
    9. 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.
    10. Musa, S. Danlami & Zhonghua, Tang & Ibrahim, Abdullateef O. & Habib, Mukhtar, 2018. "China's energy status: A critical look at fossils and renewable options," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P2), pages 2281-2290.
    11. Shrimali, Gireesh & Lynes, Melissa & Indvik, Joe, 2015. "Wind energy deployment in the U.S.: An empirical analysis of the role of federal and state policies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 43(C), pages 796-806.
    12. Yu, Chin-Hsien & Wu, Xiuqin & Lee, Wen-Chieh & Zhao, Jinsong, 2021. "Resource misallocation in the Chinese wind power industry: The role of feed-in tariff policy," Energy Economics, Elsevier, vol. 98(C).
    13. Daniel J Pastor, 2020. "The effects of renewables portfolio standards on renewable energy generation," Economics Bulletin, AccessEcon, vol. 40(3), pages 2121-2133.
    14. Kim, Serena Y., 2020. "Institutional arrangements and airport solar PV," Energy Policy, Elsevier, vol. 143(C).
    15. Lynes, Melissa & Featherstone, Allen, 2015. "Economic Efficiency of Utility Plants Under Renewable Energy Policy," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205674, Agricultural and Applied Economics Association.
    16. Lim, Taekyoung & Guzman, Tatyana S. & Bowen, William M., 2020. "Rhetoric and Reality: Jobs and the Energy Provisions of the American Recovery and Reinvestment Act," Energy Policy, Elsevier, vol. 137(C).
    17. Parrish Bergquist & Christopher Warshaw, 2023. "How climate policy commitments influence energy systems and the economies of US states," Nature Communications, Nature, vol. 14(1), pages 1-9, December.
    18. Don Fullerton & Chi L. Ta, 2022. "What Determines Effectiveness of Renewable Energy Standards? General Equilibrium Analytical Model and Empirical Analysis," CESifo Working Paper Series 9565, CESifo.
    19. Li, Chong & Zhou, Dequn & Wang, Hui & Lu, Yuzheng & Li, Dongdong, 2020. "Techno-economic performance study of stand-alone wind/diesel/battery hybrid system with different battery technologies in the cold region of China," Energy, Elsevier, vol. 192(C).
    20. Gosens, Jorrit, 2017. "Natural resource endowment is not a strong driver of wind or PV development," Renewable Energy, Elsevier, vol. 113(C), pages 1007-1018.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:14:y:2021:i:14:p:4096-:d:590007. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.