Empirical evidence based effectiveness assessment of policy regimes for wind power development in China

Tingting Liu, Zhe Chen and Jiuping Xu

Renewable and Sustainable Energy Reviews, 2022, vol. 164, issue C

Abstract: As a renewable energy, wind power has been improving energy structures and assisting in the maintenance of strategic energy security. Based on provincial level panel data from 2000 to 2018, this paper developed models to evaluate the effects of different policies on newly installed wind power capacity and investigated the market reform influences on wind development in eight spot market pilots. It was found that on a national level, while the pricing and government guideline policies significantly promoted wind power growth, present market reforms were having an opposite effect. The results also suggested that from a resource endowment heterogeneity perspective, there was a significant difference in the wind capacity promotion policy performances. Additionally, of the eight spot market pilots, market designs had led to a significant reduction in new wind power installations in Gansu and Inner Mongolia, and no significant wind power development effects were found in the other pilots. Based on the research results, a discussion on policy use and suggestions on policy improvements are given.

Keywords: Wind power; Policy effectiveness; Panel data; Empirical analysis; Market reform; China (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (6)

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DOI: 10.1016/j.rser.2022.112535

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