Abstract

Abstract:

With a carbon-constrained new normal that emissions of greenhouse gases can no longer be assumed to be costless, non-fossil fuels including hydro, nuclear, wind and solar power have witnessed fast growth in both production and consumption in China. In promoting the production of different low-carbon alternatives, the Chinese government has been adjusting its policy prioritisation from time to time in targeted growth scopes, subsidy amount, on-grid tariffs and other financial incentives for various low-carbon power sectors. China’s Five-Year Plans have been playing a vital role in engendering fierce competition within the low-carbon energy sector. Other variables, like adjustment of electricity tariffs, inherent geographical and meteorological advantages related to certain types of power generation, domestic supporting industries, technological competitiveness and environmental concerns, have also helped to reshape the low-carbon power market.

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Additional Information

ISSN
0219-8614
Print ISSN
0219-7472
Pages
pp. 1-22
Launched on MUSE
2016-05-18
Open Access
No
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