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| DOI | 10.1016/j.enpol.2021.112242 |
| Can the Renewable Portfolio Standards improve social welfare in China's electricity market？ | |
| Ying Z.; Xin-gang Z.; Xue-feng J.; Zhen W. | |
| 发表日期 | 2021 |
| ISSN | 03014215 |
| 卷号 | 152 |
| 英文摘要 | Renewable portfolio standards (RPS) is an institutional change from Feed-in Tariff (FIT) to government policy and market mechanism. Is it conducive to improve China's social welfare? Given this problem, this paper constructs the social welfare function under the FIT policy and RPS system respectively based on consumer heterogeneity and simulates the social welfare of China under the two schemes on the basis of combining the real economic situation of China. The results show that: (1) Based on China's real economic situation, the implementation of RPS has achieved Pareto improvement and improves China's social welfare. (2) Under the RPS, compared with the actual situation of oligopoly in China's electricity market, competition can improve social welfare better. (3) The effective implementation of RPS depends on the quota level of the government's scientific design. As far as China's current real economic situation is concerned, when the quota is set in the interval (0,0.5], the social welfare under the RPS is always higher than that under the FIT. Therefore, to improve social welfare and promote low-carbon energy transition, China should effectively promote the implementation of RPS, a mandatory institutional change, and strengthen the system construction of RPS. © 2021 Elsevier Ltd |
| 关键词 | ChinaFeed-in tariffRenewable portfolio standardsSocial welfareTradable green certificate |
| 英文关键词 | Electric industry; Power markets; China; China electricity market; Economic situation; Feed-in tariff; Institutional change; Market mechanisms; Policy mechanisms; Renewable portfolio standard; Social welfare; Tradable green certificates; Competition; alternative energy; certification; electricity supply; energy policy; renewable resource; standard (regulation); welfare impact; China |
| 语种 | 英语 |
| 来源期刊 | Energy Policy
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/205424 |
| 作者单位 | School of Economics and Management, North China Electric Power Univ., Beijing, China; Beijing Key Laboratory of New Energy and Low-Carbon Development, Beijing, China |
| 推荐引用方式 GB/T 7714 | Ying Z.,Xin-gang Z.,Xue-feng J.,等. Can the Renewable Portfolio Standards improve social welfare in China's electricity market？[J],2021,152. |
| APA | Ying Z.,Xin-gang Z.,Xue-feng J.,&Zhen W..(2021).Can the Renewable Portfolio Standards improve social welfare in China's electricity market？.Energy Policy,152. |
| MLA | Ying Z.,et al."Can the Renewable Portfolio Standards improve social welfare in China's electricity market？".Energy Policy 152(2021). |
| 条目包含的文件 | 条目无相关文件。 | |||||
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