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Can China’s renewable energy industry policy support the low-carbon energy transition effectively?

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Abstract

To cope with global climate change and energy security, the realization of the low-carbon energy transition has become an inevitable choice for international carbon emission reduction requirements and energy structure adjustment. Vigorously develo** renewable energy has become an essential part of energy policies in many countries. Under the incentive and guidance of renewable energy industry policy, China’s renewable energy has developed rapidly, and energy structure has been optimized. However, many problems have been exposed. Can China’s renewable energy industry policy effectively support low-carbon energy transition? This paper uses the method of theoretical analysis, combining literature analysis and data analysis. Based on the analysis of renewable energy policies in countries with relatively mature energy transitions, it analyzes the status quo, implementation effect, and problems of renewable energy policy in China and proposes policy suggestions. According to the research, the existing problems are as follows: (1) diminishing marginal effect of policies, (2) policy adjustment is not timely and lacks details and operability, (3) coordination conflicts between the old and new policies, (4) unreasonable policy supply structure, and (5) the negative impact of subsidy policy is increasing. Therefore, this paper argues that China’s renewable energy industry policy cannot effectively support the low-carbon energy transition.

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Data availability

All data generated or analyzed during this study are included in this published article (and its supplementary information files).

Notes

  1. The notice refers to the implementation of a new renewable energy policy in Chinese legislation, which has the corresponding legal effect. Other notices appearing in this paper are interpreted accordingly.

Abbreviations

RPS:

Renewable portfolio standards

FIT:

Feed-in tariff

RECs:

Renewable energy certificates

NPC:

National People’s Congress

NEA:

National Energy Administration

R&D:

Research and development

TGC:

Tradable green certificates

MGPO:

Mandatory green power options

CV:

Certificati verdi

NDRC:

National Development and Reform Commission

VT:

Value-added tax

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Funding

This paper is supported by the Fundamental Research Funds for the Central Universities (No. 2020YJ008).

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Authors and Affiliations

  1. School of Economics and Management, North China Electric Power University, No. 2, Beinong Road, Chang** District, Bei**g, 102206, China

    Zhao **n-gang & Zhou Ying

  2. Bei**g Key Laboratory of New Energy and Low-Carbon Development, Bei**g, China

    Zhao **n-gang & Zhou Ying

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  1. Zhao **n-gang
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All authors contributed to the study conception and design. Material preparation, data collection, and analysis were performed by Zhao **n-gang and Zhou Ying. The first draft of the manuscript was written by Zhou Ying, and all authors commented on previous versions of the manuscript. All authors read and approved the final manuscript.

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Appendix

Appendix

Table 5 Summary of renewable energy industry policies in Germany
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Table 6 Summary of renewable energy industry policies in Japan
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Table 7 Summary of renewable energy industry policies in California
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Table 8 Summary of renewable energy industry policies in Italy
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**n-gang, Z., Ying, Z. Can China’s renewable energy industry policy support the low-carbon energy transition effectively?. Environ Sci Pollut Res 30, 29525–29549 (2023). https://doi.org/10.1007/s11356-022-24324-7

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