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DOI10.1088/1748-9326/ab0217
Policy solution and game analysis for addressing the challenge of developing public-private partnership energy project
Tang B.; Xu J.; Sun Y.; Zhou N.; Shen B.; Liao S.; Liu Y.
发表日期2019
ISSN17489318
卷号14期号:4
英文摘要Various developing countries have been promoting public-private partnership (PPP) infrastructure projects in recent years. Energy infrastructure project construction, which needs substantial capital investments, is a cornerstone of and supports economic development. A PPP-based energy infrastructure project is beneficial for alleviating developing countries' financial burden and for facilitating the diversified development of the energy market. Therefore, to increase government income and reduce infrastructure project costs, the PPP energy project construction model attracts considerable attention of various industries, especially in developing countries. For example, as gross domestic product growth decelerates and the government debt ratio rapidly increases, many Chinese provinces and cities face financial obstacles to economic development; therefore the Chinese government has issued a series of PPP-based energy policies. However, a number of risk factors associated with PPP projects, and conflicting interests between governments and private investors, have resulted in project failure. This study analyzes the development of PPP in China from the economic and industrial development perspective. It combines the latest PPP energy policies of China to solve problems that stem from the main risk factors involved in constructing and operating PPP energy projects. This research also provides game analysis for achieving maximum benefits as the government and the private investor have conflicting interests. © 2019 2018 The Author(s). Published by IOP Publishing Ltd.
英文关键词energy policy; game analysis; maximum benefits; public-private partnership; risk factor
语种英语
scopus关键词Developing countries; Economic and social effects; Energy policy; Industrial economics; Mergers and acquisitions; Privatization; Public policy; Risk assessment; Energy infrastructures; Game analysis; Gross domestic product growths; Industrial development; Infrastructure project; maximum benefits; Public private partnerships; Risk factors; Investments; developing world; energy planning; energy policy; game theory; industrial development; infrastructure planning; project assessment; public-private partnership; state role
来源期刊Environmental Research Letters
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/154624
作者单位School of Electrical Engineering, Wuhan University, Wuhan, 430072, China; Lawrence Berkeley National LaboratoryCA, United States; University of Tennessee, Knoxville, TN, United States
推荐引用方式
GB/T 7714
Tang B.,Xu J.,Sun Y.,et al. Policy solution and game analysis for addressing the challenge of developing public-private partnership energy project[J],2019,14(4).
APA Tang B..,Xu J..,Sun Y..,Zhou N..,Shen B..,...&Liu Y..(2019).Policy solution and game analysis for addressing the challenge of developing public-private partnership energy project.Environmental Research Letters,14(4).
MLA Tang B.,et al."Policy solution and game analysis for addressing the challenge of developing public-private partnership energy project".Environmental Research Letters 14.4(2019).
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