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Quantitative Evaluation of China’s Energy Transition Policy Since the 14th Five-Year Plan, Based on the MLP-PMC Model

Yukun Chang, Tong Zou and Pibin Guo ()
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Yukun Chang: College of Business and Economics, Australian National University, Canberra, ACT 2601, Australia
Tong Zou: School of Economics, Shanxi University of Finance and Economics, Taiyuan 030006, China
Pibin Guo: Department of Economics and Management, Shanxi Institute of Economic Management, Taiyuan 030024, China

Energies, 2024, vol. 17, issue 23, 1-19

Abstract: Evaluating the effectiveness of China’s energy transition policies and formulating scientific policy optimization paths are essential for advancing China’s energy transition and global carbon reduction. This paper quantitatively evaluates China’s 22 key energy transition policies during the 14th Five-Year Plan period via text excavation, the Multi-Level Perspective (MLP), and the PMC index model. The research results show that the overall design of China’s energy transition policy is reasonable. Only two policies are graded as acceptable, while the rest of the policies are graded as good or higher. In addition, landscape policy, regime policy, and niche policy have a decreasing influence on energy transition projects in China. This research summarizes three common shortcomings in China’s energy transition policy: (1) the lack of explicit policy incentives and constraints; (2) the inadequate authority of policy releasers; and (3) the limited coverage of the policy focus.

Keywords: energy transition; policy evaluation; text excavation; the Multi-Level Perspective (MLP); PMC index model; China (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: 2024
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