Policy impact of cancellation of wind and photovoltaic subsidy on power generation companies in China

Da Liu, Yumeng Liu and Kun Sun

Renewable Energy, 2021, vol. 177, issue C, 134-147

Abstract: Renewable energy is environmentally friendly and with subsidies stimulating, global wind power and photovoltaic (PV) power generation industries are developing rapidly. As the biggest renewable energy generation country, China's wind power, and PV power generation industries have high growth and are suffering from the subsidy gap. Therefore, China's government gradually reduced and canceled the subsidies. The cancellation of subsidies brought challenges and opportunities to power generation companies.

Keywords: Wind power; Photovoltaic power; Cancellation of subsidies; Grid parity (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:177:y:2021:i:c:p:134-147

DOI: 10.1016/j.renene.2021.05.107

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