A Review on Renewable Energy Transition under China’s Carbon Neutrality Target
Fuquan Zhao,
Fanlong Bai,
Xinglong Liu and
Zongwei Liu ()
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Fuquan Zhao: State Key Laboratory of Automobile Safety and Energy, Tsinghua University, Beijing 100084, China
Fanlong Bai: State Key Laboratory of Automobile Safety and Energy, Tsinghua University, Beijing 100084, China
Xinglong Liu: State Key Laboratory of Automobile Safety and Energy, Tsinghua University, Beijing 100084, China
Zongwei Liu: State Key Laboratory of Automobile Safety and Energy, Tsinghua University, Beijing 100084, China
Sustainability, 2022, vol. 14, issue 22, 1-27
Abstract:
To achieve their carbon peak and carbon neutrality target, China’s energy transition is seen as the most important instrument. Despite the rapid growth of renewable energy in China, there are still many challenges. Based on the review of the contemporary literature, this paper seeks to present an updated depiction of renewable energy in the Chinese context. The potential, status quo, and related policy of China’s renewable energy are thoroughly investigated. The challenges facing renewable energy development under the carbon neutrality target are analyzed, including enormous transition urgency and pressure, technology, and policy issues. Then, coping strategies are proposed to guide the direction of renewable energy development. Technology paths and policy recommendations are presented. This paper contributes to technology developing and policymaking by providing a comprehensive, thorough, and reliable review of renewable energy development in China.
Keywords: renewable; energy transition; policy incentive; technology path; power system (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (12)
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