How to Promote the Application of Biogas Power Technology: A Perspective of Incentive Policy

Zhao Xin-gang, Wang Wei (), Hu Shuran and Lu Wenjie
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Zhao Xin-gang: School of Economics and Management, North China Electric Power University, Beijing 102206, China
Wang Wei: School of Economics and Management, North China Electric Power University, Beijing 102206, China
Hu Shuran: School of Economics and Management, North China Electric Power University, Beijing 102206, China
Lu Wenjie: School of Economics and Management, North China Electric Power University, Beijing 102206, China

Energies, 2023, vol. 16, issue 4, 1-11

Abstract: To combat climate change, the Chinese government has implemented a package of policies to support the development of the biogas power generation industry. However, the promotion of biogas power generation technology in China is relatively slow. Therefore, it is of practical significance to study the promotion of biogas power generation technology against the background of policy support. In order to study the effect of policy on the promotion of biogas power generation technology, a system dynamics model is constructed in this paper. The results show that under the feed-in tariff subsidy policy, biogas power generation technology can be well promoted because it has good economic and environmental effects. In addition, if the biogas power generation technology is considered to participate in carbon emission trading, the carbon price also has a positive impact on the promotion of biogas power generation technology because it increases the perceived economic value of biogas power generation projects. Finally, this study can also provide reference value for the promotion of biogas power generation technology in other areas.

Keywords: incentive policies; biogas power; system dynamic; technology adoption; decision-making (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: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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