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Does China’s Energy Development Plan Affect Energy Conservation? Empirical Evidence from Coal-Fired Power Generation

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  • Boqiang Lin
  • Jianglong Li

Abstract

Drawing on provincial panel data in China, we study the causal relationship between generation hours and coal consumption rate of coal-fired power and its implication for energy conservation in China’s energy development plan. Empirical results suggest that (1) low generation hours resulting from peak regulation were the main reason for poor efficiency of coal-fired power units in China; (2) increase in power generation hours reduces the coal consumption rate of coal-fired units, but about 70 percent of this effect depends on the dispatching modes; (3) according to China’s Twelfth Five-Year Energy Plan, generation hours of coal-fired power will decrease by 2015 compared to that of 2006–10, which would have adverse effects on coal consumption of rate of coal-fired power plants.

Suggested Citation

  • Boqiang Lin & Jianglong Li, 2015. "Does China’s Energy Development Plan Affect Energy Conservation? Empirical Evidence from Coal-Fired Power Generation," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 51(4), pages 798-811, July.
  • Handle: RePEc:mes:emfitr:v:51:y:2015:i:4:p:798-811
    DOI: 10.1080/1540496X.2014.998535
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    Cited by:

    1. Liu, Chang & Lin, Boqiang, 2020. "Is increasing-block electricity pricing effectively carried out in China? A case study in Shanghai and Shenzhen," Energy Policy, Elsevier, vol. 138(C).
    2. Ying Li & Yung-ho Chiu & Tai-Yu Lin, 2019. "Research on New and Traditional Energy Sources in OECD Countries," IJERPH, MDPI, vol. 16(7), pages 1-21, March.
    3. Lin, Boqiang & Bega, François, 2021. "China's Belt & Road Initiative coal power cooperation: Transitioning toward low-carbon development," Energy Policy, Elsevier, vol. 156(C).
    4. Li, Jianglong & Ho, Mun Sing, 2022. "Indirect cost of renewable energy: Insights from dispatching," Energy Economics, Elsevier, vol. 105(C).
    5. Zhang, Dayong & Cao, Hong & Dickinson, David G. & Kutan, Ali M., 2016. "Free cash flows and overinvestment: Further evidence from Chinese energy firms," Energy Economics, Elsevier, vol. 58(C), pages 116-124.

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