Behaviours of Multi-Stakeholders under China’s Renewable Portfolio Standards: A Game Theory-Based Analysis
نویسندگان
چکیده
China has implemented both quantitative and policy incentives for renewable energy development since 2019 is currently in the transition stage. The implementation of portfolio standards (RPSs) difficult due to interests multiple stakeholders, including power generation enterprises, grid companies, users, local governments, central government. Based on China’s RPS system reform documents, this research sorted out core game decision problems industry established a conceptual model from perspective enterprises companies. results reveal that probability meeting earnings quota or punishments not reaching completion are major determinants active participation supervision. For firms, willingness accept electricity quotas depends additional cost receiving governmental incentives. It reasonable, theoretical perspective, implement side. Electricity will help clarify price increase transparency process. Policy implications suggested achieve sustainable quantity delivery.
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ژورنال
عنوان ژورنال: Energy Engineering
سال: 2021
ISSN: ['0199-8595', '1546-0118']
DOI: https://doi.org/10.32604/ee.2021.014258