Sustainability in the Electricity Sector through Advanced Technologies: Energy Mix Transition and Smart Grid Technology in China

Tomas Baležentis and Dalia Štreimikienė
Additional contact information
Dalia Štreimikienė: Lithuanian Institute of Agrarian Economics, Kudirkos Str. 18-2, 03105 Vilnius, Lithuania

Energies, 2019, vol. 12, issue 6, 1-21

Abstract: In this paper, we integrate technological, institutional, and financial approaches towards expansion of the smart grid technology. We turn to China as the major producer and consumer of energy with an increasing focus on renewables. China’s electricity market has experienced a number of reforms while trying to address the economic and environmental challenges. In order to identify the basic requirements for the Chinese power sector, we look into the underlying trends of the energy mix, regulatory policies, and financial flows. Understanding these facets allows one to suggest directions for the further development of the Chinese power sector in the light of the smart grid concept. Indeed, the smart grid concept has no strict definition and, therefore, requires simultaneous consideration of multiple factors. The analysis shows that ensuring smooth transfer of electricity across the regions is a quintessential condition for smart grid development and the promotion of renewable energy in China. As the role of the state-owned enterprises still remains the most important one in the sector, private initiatives should be supported. Therefore, financial incentives are needed to guide the shifts in the energy mix and maintain efficient energy generation and consumption in China.

Keywords: China; electric power; sustainable electricity; smart grids; investments (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
https://www.mdpi.com/1996-1073/12/6/1142/pdf (application/pdf)
https://www.mdpi.com/1996-1073/12/6/1142/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:12:y:2019:i:6:p:1142-:d:216732

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().