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The Development of the Renewable Energy Power Industry under Feed-In Tariff and Renewable Portfolio Standard: A Case Study of China’s Photovoltaic Power Industry

机译:上网电价和可再生能源投资组合标准下可再生能源电力产业的发展-以中国光伏发电产业为例

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Among the regulatory policies, feed-in tariffs (FIT) and renewable portfolio standards (RPS) are the most popular to promote the development of renewable energy power industry. They can significantly contribute to the expansion of domestic industrial activities in terms of sustainable energy. In this paper, we synthetically consider various important factors with the analysis of the existing literature, and use system dynamics (SD) to establish models of long-term development of the renewable energy power industry under FIT and RPS schemes. The model not only clearly shows the complex logical relationship between the factors but also reveals the process of coordination between the two policy tools in the development of the renewable energy power industry. In addition, as an example of development of renewable energy industry, the paper studies the development of China’s photovoltaic power industry under different scenarios. The models proposed in this paper can provide a reference for scholars to study development of the renewable energy power industry in different countries, thereby facilitating an understanding of the renewable energy power’s long-term sustainable development pattern under FIT and RPS schemes, and helping to provide references for policy-making institutions. The results show that in the perfect competitive market, the implementation of RPS can promote long-term and rapid development of China’s photovoltaic power industry given the constraints and actions of the mechanisms of RPS quota proportion, the TGC valid period, and fines, compared with FIT. At the end of the paper, policy implications are offered as references for the government.
机译:在监管政策中,上网电价(FIT)和可再生能源投资组合标准(RPS)是促进可再生能源电力行业发展的最流行方法。就可持续能源而言,它们可以极大地促进国内工业活动的扩展。在本文中,我们通过对现有文献的分析综合考虑了各种重要因素,并利用系统动力学(SD)建立了FIT和RPS计划下可再生能源电力行业的长期发展模型。该模型不仅清楚地显示了因素之间的复杂逻辑关系,而且揭示了可再生能源电力行业发展中两种政策工具之间的协调过程。另外,以可再生能源产业的发展为例,研究了不同情景下中国光伏发电产业的发展。本文提出的模型可以为学者研究不同国家可再生能源电力产业的发展提供参考,从而有助于人们了解FIT和RPS计划下可再生能源电力的长期可持续发展模式,并有助于提供决策机构参考。结果表明,与RPS配额比例,TGC有效期和罚款相比,RPS的实施可以促进中国光伏电力行业的长期快速发展,与之相比适合。在本文的结尾,政策含义可供政府参考。

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