Mitigating wind curtailment risk in China: The impact of subsidy reduction policy
Author
Abstract
Suggested Citation
DOI: 10.1016/j.apenergy.2024.123493
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Zhang, Huiming & Zheng, Yu & Ozturk, U. Aytun & Li, Shanjun, 2016. "The impact of subsidies on overcapacity: A comparison of wind and solar energy companies in China," Energy, Elsevier, vol. 94(C), pages 821-827.
- David Newbery, 2023. "Efficient Renewable Electricity Support: Designing an Incentive-compatible Support Scheme," The Energy Journal, , vol. 44(3), pages 1-22, May.
- Jacobson, Louis S & LaLonde, Robert J & Sullivan, Daniel G, 1993.
"Earnings Losses of Displaced Workers,"
American Economic Review, American Economic Association, vol. 83(4), pages 685-709, September.
- Louis S. Jacobson & Robert J. LaLonde & Daniel Sullivan, 1992. "Earnings Losses of Displaced Workers," Upjohn Working Papers 92-11, W.E. Upjohn Institute for Employment Research.
- Louis S. Jacobson & Robert J. LaLonde & Daniel G. Sullivan, 1992. "Earnings losses of displaced workers," Working Paper Series, Macroeconomic Issues 92-28, Federal Reserve Bank of Chicago.
- McConnell, Dylan & Hearps, Patrick & Eales, Dominic & Sandiford, Mike & Dunn, Rebecca & Wright, Matthew & Bateman, Lachlan, 2013. "Retrospective modeling of the merit-order effect on wholesale electricity prices from distributed photovoltaic generation in the Australian National Electricity Market," Energy Policy, Elsevier, vol. 58(C), pages 17-27.
- Song, Feng & Bi, De & Wei, Chu, 2019. "Market segmentation and wind curtailment: An empirical analysis," Energy Policy, Elsevier, vol. 132(C), pages 831-838.
- Clarke, Damian, 2017. "Estimating Difference-in-Differences in the Presence of Spillovers," MPRA Paper 81604, University Library of Munich, Germany.
- Ma, Rufei & Cai, Huan & Ji, Qiang & Zhai, Pengxiang, 2021. "The impact of feed-in tariff degression on R&D investment in renewable energy: The case of the solar PV industry," Energy Policy, Elsevier, vol. 151(C).
- Sendstad, Lars H. & Hagspiel, Verena & Mikkelsen, Wilhelm Jebsen & Ravndal, Ruben & Tveitstøl, Martin, 2022. "The impact of subsidy retraction on European renewable energy investments," Energy Policy, Elsevier, vol. 160(C).
- Song, Yan & Liu, Jun & Wei, Yuanchao & Zhang, Ming, 2021. "Study on the direct and indirect effectiveness of wind power policy: Empirical evidence from 30 provinces in China," Renewable Energy, Elsevier, vol. 170(C), pages 749-763.
- Newbery, D., 2023. "High renewable electricity penetration: marginal curtailment and market failure under "subsidy-free" entry," Cambridge Working Papers in Economics 2353, Faculty of Economics, University of Cambridge.
- Billimoria, Farhad & Poudineh, Rahmatallah, 2019. "Market design for resource adequacy: A reliability insurance overlay on energy-only electricity markets," Utilities Policy, Elsevier, vol. 60(C), pages 1-1.
- Liu, Shiyu & Bie, Zhaohong & Lin, Jiang & Wang, Xifan, 2018. "Curtailment of renewable energy in Northwest China and market-based solutions," Energy Policy, Elsevier, vol. 123(C), pages 494-502.
- He, Gang & Kammen, Daniel M., 2014. "Where, when and how much wind is available? A provincial-scale wind resource assessment for China," Energy Policy, Elsevier, vol. 74(C), pages 116-122.
- Zheng, Huanyu & Song, Malin & Shen, Zhiyang, 2021. "The evolution of renewable energy and its impact on carbon reduction in China," Energy, Elsevier, vol. 237(C).
- Cui, Qi & He, Ling & Han, Guoyi & Chen, Hao & Cao, Juanjuan, 2020. "Review on climate and water resource implications of reducing renewable power curtailment in China: A nexus perspective," Applied Energy, Elsevier, vol. 267(C).
- David Newbery, 2023. "Efficient Renewable Electricity Support: Designing an Incentive-compatible Support Scheme," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
- Yu, Chin-Hsien & Wu, Xiuqin & Lee, Wen-Chieh & Zhao, Jinsong, 2021. "Resource misallocation in the Chinese wind power industry: The role of feed-in tariff policy," Energy Economics, Elsevier, vol. 98(C).
- McDonald, Paul, 2023. "Locational and market value of Renewable Energy Zones in Queensland," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 198-213.
- Xu, Jiuping & Liu, Tingting, 2020. "Technological paradigm-based approaches towards challenges and policy shifts for sustainable wind energy development," Energy Policy, Elsevier, vol. 142(C).
- Nagy, Roel L.G. & Hagspiel, Verena & Kort, Peter M., 2021. "Green capacity investment under subsidy withdrawal risk," Energy Economics, Elsevier, vol. 98(C).
- Kyle R. Myers & Lauren Lanahan, 2022. "Estimating Spillovers from Publicly Funded R&D: Evidence from the US Department of Energy," American Economic Review, American Economic Association, vol. 112(7), pages 2393-2423, July.
- He, Yongxiu & Pang, Yuexia & Zhang, Jixiang & Xia, Tian & Zhang, Ting, 2015. "Feed-in tariff mechanisms for large-scale wind power in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 9-17.
- Newbery, David M., 2023. "High renewable electricity penetration: Marginal curtailment and market failure under “subsidy-free” entry," Energy Economics, Elsevier, vol. 126(C).
- Agbonaye, Osaru & Keatley, Patrick & Huang, Ye & Odiase, Friday O. & Hewitt, Neil, 2022. "Value of demand flexibility for managing wind energy constraint and curtailment," Renewable Energy, Elsevier, vol. 190(C), pages 487-500.
- Waite, Michael & Modi, Vijay, 2016. "Modeling wind power curtailment with increased capacity in a regional electricity grid supplying a dense urban demand," Applied Energy, Elsevier, vol. 183(C), pages 299-317.
- Botta, Enrico, 2019. "An experimental approach to climate finance: the impact of auction design and policy uncertainty on renewable energy equity costs in Europe," Energy Policy, Elsevier, vol. 133(C).
- Hitaj, Claudia & Löschel, Andreas, 2019.
"The impact of a feed-in tariff on wind power development in Germany,"
Resource and Energy Economics, Elsevier, vol. 57(C), pages 18-35.
- Hitaj, Claudia & Schymura, Michael & Löschel, Andreas, 2014. "The impact of a feed-in tariff on wind power development in Germany," ZEW Discussion Papers 14-035, ZEW - Leibniz Centre for European Economic Research.
- Dong, Changgui & Qi, Ye & Dong, Wenjuan & Lu, Xi & Liu, Tianle & Qian, Shuai, 2018. "Decomposing driving factors for wind curtailment under economic new normal in China," Applied Energy, Elsevier, vol. 217(C), pages 178-188.
- David Newbery, 2023. "High renewable electricity penetration: marginal curtailment and market failure under "subsidy-free" entry," Working Papers EPRG2319, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Newbery, David, 2021. "National Energy and Climate Plans for the island of Ireland: wind curtailment, interconnectors and storage," Energy Policy, Elsevier, vol. 158(C).
- Lin, Boqiang & Chen, Yufang, 2019. "Impacts of policies on innovation in wind power technologies in China," Applied Energy, Elsevier, vol. 247(C), pages 682-691.
- Chen, Hao & Chen, Jiachuan & Han, Guoyi & Cui, Qi, 2022. "Winding down the wind power curtailment in China: What made the difference?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 167(C).
- Lin, Boqiang & Li, Zhensheng, 2021. "Does natural gas pricing reform establish an effective mechanism in China: A policy evaluation perspective," Applied Energy, Elsevier, vol. 282(PA).
- Xia, Fang & Lu, Xi & Song, Feng, 2020. "The role of feed-in tariff in the curtailment of wind power in China," Energy Economics, Elsevier, vol. 86(C).
- Pei, Wei & Chen, Yanning & Sheng, Kun & Deng, Wei & Du, Yan & Qi, Zhiping & Kong, Li, 2015. "Temporal-spatial analysis and improvement measures of Chinese power system for wind power curtailment problem," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 148-168.
- Joos, Michael & Staffell, Iain, 2018. "Short-term integration costs of variable renewable energy: Wind curtailment and balancing in Britain and Germany," Renewable and Sustainable Energy Reviews, Elsevier, vol. 86(C), pages 45-65.
- Lai, Ching-Ming & Teh, Jiashen, 2022. "Network topology optimisation based on dynamic thermal rating and battery storage systems for improved wind penetration and reliability," Applied Energy, Elsevier, vol. 305(C).
- Xia, Fang & Song, Feng, 2017. "The uneven development of wind power in China: Determinants and the role of supporting policies," Energy Economics, Elsevier, vol. 67(C), pages 278-286.
- Bird, Lori & Lew, Debra & Milligan, Michael & Carlini, E. Maria & Estanqueiro, Ana & Flynn, Damian & Gomez-Lazaro, Emilio & Holttinen, Hannele & Menemenlis, Nickie & Orths, Antje & Eriksen, Peter Børr, 2016. "Wind and solar energy curtailment: A review of international experience," Renewable and Sustainable Energy Reviews, Elsevier, vol. 65(C), pages 577-586.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Yang, Chengying & Li, Mingming & Zhou, Dianyi, 2024. "Energy assessment in rural regions of China with various scenarios: Historical–to–futuristic," Energy, Elsevier, vol. 302(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Simshauser, Paul & Newbery, David, 2024.
"Non-firm vs priority access: On the long run average and marginal costs of renewables in Australia,"
Energy Economics, Elsevier, vol. 136(C).
- Simshauser, P. & Newbery, D., 2023. "Non-Firm vs. Priority Access: on the Long Run Average and Marginal Cost of Renewables in Australia," Cambridge Working Papers in Economics 2363, Faculty of Economics, University of Cambridge.
- Paul Simshauser & David Newbery, 2023. "Non-firm vs. priority access: on the long run average and marginal cost of renewables in Australia," Working Papers EPRG2322, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Chen, Hao & Chen, Jiachuan & Han, Guoyi & Cui, Qi, 2022. "Winding down the wind power curtailment in China: What made the difference?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 167(C).
- Song, Feng & Yu, Zichao & Zhuang, Weiting & Lu, Ao, 2021. "The institutional logic of wind energy integration: What can China learn from the United States to reduce wind curtailment?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 137(C).
- Cui, Qi & Liu, Yu & Ali, Tariq & Gao, Ji & Chen, Hao, 2020. "Economic and climate impacts of reducing China's renewable electricity curtailment: A comparison between CGE models with alternative nesting structures of electricity," Energy Economics, Elsevier, vol. 91(C).
- Milstein, I. & Tishler, A. & Woo, C.K., 2024. "The effect of PV generation's hourly variations on Israel's solar investment," Energy Economics, Elsevier, vol. 136(C).
- Liu, Tingting & Chen, Zhe & Xu, Jiuping, 2022. "Empirical evidence based effectiveness assessment of policy regimes for wind power development in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 164(C).
- Song, Feng & Bi, De & Wei, Chu, 2019. "Market segmentation and wind curtailment: An empirical analysis," Energy Policy, Elsevier, vol. 132(C), pages 831-838.
- Yu, Chin-Hsien & Wu, Xiuqin & Lee, Wen-Chieh & Zhao, Jinsong, 2021. "Resource misallocation in the Chinese wind power industry: The role of feed-in tariff policy," Energy Economics, Elsevier, vol. 98(C).
- Veenstra, Arjen T. & Mulder, Machiel, 2024. "Impact of Contracts for Differences for non-carbon electricity generation on efficiency of electricity market," Energy Economics, Elsevier, vol. 136(C).
- Xia, Fang & Lu, Xi & Song, Feng, 2020. "The role of feed-in tariff in the curtailment of wind power in China," Energy Economics, Elsevier, vol. 86(C).
- López Prol, Javier & Zilberman, David, 2023. "No alarms and no surprises: Dynamics of renewable energy curtailment in California," Energy Economics, Elsevier, vol. 126(C).
- Lai, Aolin & Wang, Qunwei, 2024. "How coal de-capacity policy affects renewable energy development efficiency? Evidence from China," Energy, Elsevier, vol. 286(C).
- Daniel Davi-Arderius & Tooraj Jamasb, 2024.
"Measuring a paradox: zero-negative electricity prices,"
Working Papers
EPRG2413, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Davi-Arderius, Daniel & Jamasb, Tooraj, 2024. "Measuring a Paradox: Zero-negative Electricity Prices," Working Papers 13-2024, Copenhagen Business School, Department of Economics.
- Dong, Changgui & Qi, Ye & Dong, Wenjuan & Lu, Xi & Liu, Tianle & Qian, Shuai, 2018. "Decomposing driving factors for wind curtailment under economic new normal in China," Applied Energy, Elsevier, vol. 217(C), pages 178-188.
- Zhou, Dequn & Dong, Zhuojia & Sang, Xiuzhi & Wang, Qunwei & Yu, Xianyu, 2023. "Do feed-in tariff reduction and green certificate trading effectively promote regional sustainable development?," Energy, Elsevier, vol. 283(C).
- Cui, Qi & He, Ling & Han, Guoyi & Chen, Hao & Cao, Juanjuan, 2020. "Review on climate and water resource implications of reducing renewable power curtailment in China: A nexus perspective," Applied Energy, Elsevier, vol. 267(C).
- Simshauser, P. & Gohde, N., 2024. "3-Party Covenant Financing of 'Semi-Regulated' Pumped Hydro Assets," Cambridge Working Papers in Economics 2425, Faculty of Economics, University of Cambridge.
- He, Zhengxia & Cao, Changshuai & Kuai, Leyi & Zhou, Yanqing & Wang, Jianming, 2022. "Impact of policies on wind power innovation at different income levels: Regional differences in China based on dynamic panel estimation," Technology in Society, Elsevier, vol. 71(C).
- Simshauser, Paul & Billimoria, Farhad & Rogers, Craig, 2022. "Optimising VRE capacity in Renewable Energy Zones," Energy Economics, Elsevier, vol. 113(C).
- Lin, Boqiang & Wang, Siquan, 2024. "Sustainability of renewable energy in China: Enhanced strategic investment and displaced R&D expenditure," Energy Economics, Elsevier, vol. 131(C).
More about this item
Keywords
Renewable energy; Wind power curtailment; Subsidy reduction; Feed-in tariffs; Difference-in-differences framework; Curtailment risk;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:appene:v:368:y:2024:i:c:s0306261924008766. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/description#description .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.