IDEAS home Printed from https://ideas.repec.org/p/zbw/hwwadp/26216.html
   My bibliography  Save this paper

CDM projects in China's energy supply and demand sectors – Opportunities and barriers

Author

Listed:
  • Michaelowa, Axel
  • Jusen, Asuka
  • Krause, Karsten
  • Grimm, Bernhard
  • Koch, Tobias

Abstract

China has had an enormous growth of energy and electricity consumption during the last decades. This has been fuelled primarily by using domestic coal resources. Until 1997, annual construction of power stations averaged around 15 GW which was not sufficient to alleviate the demand surplus. Forecasts envisaged continuation of this growth. The majority of power stations is small scale and reather inefficient. Local air pollution is becoming very strong and is increasingly seen as a politi-cal issue. Foreign investment in the power sector has been hampered by bureaucracy and unclear competencies. On the demand side, energy efficiency has improved markedly in the last two dec-ades, albeit from a very low basis. Due to the economic transformation, many proven incentives for efficiency improvement cannot be used any more. The Clean Development Mechanism (CDM) opens a host of possibilities to link foreign investment in the energy supply and demand sectors with projects that enhance efficiency and reduce greenhouse gas emissions. All big industrial countries have been very keen on climate policy coop-eration with China. While the official Chinese negotiation position towards the CDM and climate policy in general has been extremely cautious, many government bodies show great interest. The Asian financial crisis, which led to an electricity oversupply in 1998, gives the possibility to retire the most inefficient power plants.

Suggested Citation

  • Michaelowa, Axel & Jusen, Asuka & Krause, Karsten & Grimm, Bernhard & Koch, Tobias, 2000. "CDM projects in China's energy supply and demand sectors – Opportunities and barriers," HWWA Discussion Papers 90, Hamburg Institute of International Economics (HWWA).
    • Handle: RePEc:zbw:hwwadp:26216
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/19461/1/90.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Resnier, Martin & Wang, Can & Du, Pengfei & Chen, Jining, 2007. "The promotion of sustainable development in China through the optimization of a tax/subsidy plan among HFC and power generation CDM projects," Energy Policy, Elsevier, vol. 35(9), pages 4529-4544, September.
    2. Gan, Lin & Yu, Juan, 2008. "Bioenergy transition in rural China: Policy options and co-benefits," Energy Policy, Elsevier, vol. 36(2), pages 531-540, February.
    3. Yang, Ming & Nguyen, François & De T'Serclaes, Philippine & Buchner, Barbara, 2010. "Wind farm investment risks under uncertain CDM benefit in China," Energy Policy, Elsevier, vol. 38(3), pages 1436-1447, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    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:zbw:hwwadp:26216. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/hwwaade.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.