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Effects of the Green Policy Environment on Renewable Energy Investment and Effect Evaluation of Green Policies

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  • Xing He
  • Ahmed Farouk

Abstract

Investment in the renewable energy industry has huge market potential and economic benefits. In order to technologically upgrade, industrialize, and marketize renewable energy projects, it is necessary to build a good green policy environment and a reasonable green policy support system. This paper studies the effects of the green policy environment on renewable energy investment and conducts effect evaluation on the green policies. First, a coordinated energy planning and investment strategy was proposed against the green and low-carbon background, and the influence mechanism of the green policy environment on renewable energy investment was elaborated. Then, a multistage optimization model was constructed for renewable energy investment in the green policy environment, and the model reconstruction and solution were also given. After that, the steps to evaluate the effects of green policies for renewable energy power generation were also explained in detail. The experimental results verified the effectiveness of the constructed model. The relevant research results can enrich and improve the theoretical research framework of the green policy environment system, and fully promote the strategy transformation of energy and high-quality economic development.

Suggested Citation

  • Xing He & Ahmed Farouk, 2023. "Effects of the Green Policy Environment on Renewable Energy Investment and Effect Evaluation of Green Policies," Discrete Dynamics in Nature and Society, Hindawi, vol. 2023, pages 1-16, May.
    • Handle: RePEc:hin:jnddns:8698548
    DOI: 10.1155/2023/8698548
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