气候变化领域集成服务门户(CCPortal): An analysis of the factors driving utility-scale solar PV investments in China: How effective was the feed-in tariff policy?

CCPortal

DOI	10.1016/j.enpol.2022.113044
	An analysis of the factors driving utility-scale solar PV investments in China: How effective was the feed-in tariff policy?
	Zhang A.H.; Sirin S.M.; Fan C.; Bu M.
发表日期	2022
ISSN	0301-4215
卷号	167
英文摘要	China has become a global manufacturing hub for many industries; recently, thanks to various renewable energy support schemes, we also see the country's growing share in renewable energy investments. However, significant renewable energy investment is still required to achieve China's ambitious carbon targets: achieving carbon peak by 2030, and carbon neutrality by 2060. Based on province-level data covering the whole period of feed-in tariff (FIT) support mechanism, this paper explores the effect of renewable energy subsidies, costs and other economic factors on the installed capacity of utility-scale solar PV (UPV) in China. Our findings indicate that the FIT mechanism in tandem with a significant reduction in renewable energy investment costs have been the major drivers of China's dramatic increase in UPV investments. However, subsidies to distributed solar PV investments also have a crowding-out effect on UPV investments, which result in a statistically significant co-opetition relationship between UPV and Distributed PV. Furthermore, heterogeneity in provincial power consumption and energy supply also affect these investment dynamics. © 2022 Elsevier Ltd
英文关键词	China; Feed-in tariff; Panel model; Solar PV
语种	英语
scopus关键词	Carbon; Costs; Renewable energy resources; Carbon peaks; Carbon targets; China; Feed-in tariff; Global manufacturing; Panel model; Renewable energies; Renewable energy investments; Solar PVs; Tariff policy; Investments; alternative energy; cost analysis; energy policy; photovoltaic system; solar power; subsidy system; China
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/256169
作者单位	Yangtze River Delta Economics and Social Development Research Center, Nanjing University, 22 Hankou Road, Jiangsu, Nanjing, 210008, China; Ivey Business School, Western University, 1255 Western Rd, London, ON N6G 0N1, Canada; School of Business, Nanjing University, 22 Hankou Road, Jiangsu, Nanjing, 210008, China
推荐引用方式 GB/T 7714	Zhang A.H.,Sirin S.M.,Fan C.,et al. An analysis of the factors driving utility-scale solar PV investments in China: How effective was the feed-in tariff policy?[J],2022,167.
APA	Zhang A.H.,Sirin S.M.,Fan C.,&Bu M..(2022).An analysis of the factors driving utility-scale solar PV investments in China: How effective was the feed-in tariff policy?.Energy Policy,167.
MLA	Zhang A.H.,et al."An analysis of the factors driving utility-scale solar PV investments in China: How effective was the feed-in tariff policy?".Energy Policy 167(2022).