The effectiveness of the policies on renewable electricity in China
Name
857767959-MIT.pdf
Description
Full printable version
Size
2.29 MB
Format
Adobe PDF
Checksum (MD5)
c943d16cbb592d83e62b5aa8db0b828a
Author(s)
Xiao, Qing S.M. Massachusetts Institute of Technology
Advisor(s)
Yasheng Huang.
Date Issued
2013
Publisher
Massachusetts Institute of Technology
Abstract
After the legislation of the Renewable Energy Law, China's government established a series of policies to promote renewable energy source electricity (RES-e) from 2005-2012. The effectiveness of the policies varies depending on different perspectives of different stakeholders. Explaining this phenomenon, this research comprises interviews of industry experts, references to previous studies, case studies and data exploration. The renewable policies of China focused more on supply side than demand side. Indeed, China built up its capacity in manufacture of renewable energy equipment and in generation of RES-e under its policies over a short period of time. However, the lack of the involvement of consumer incentives hindered the further growth of RES-e industry. The renewable policies indicate the institutional shortcomings of China's government on designing economic growth policies. This study concludes that policies are more effective to the sustainable development of an industry when set on the demand side than on the supply side. China's government needs to shift its focus on fast short-term growth of supply to long-term growth of local demand.
Description
Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management, 2013.
Cataloged from PDF version of thesis.
Includes bibliographical references (p. 46-47).
Subjects
Sloan School of Management.
MIT Department
Sloan School of Management
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