China's Envisaged Renewable Energy Target : The Green Leap Forward
This policy note is a summary of the findings of a joint study of the Energy Research Institute of the National Development and Reform Commission, and the World Bank. The policy note is organized as follows: the next section, 'in the shadow of...
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Format: | Policy Note |
Language: | English en_US |
Published: |
Washington, DC
2017
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Online Access: | http://documents.worldbank.org/curated/en/409621468212990907/Chinas-envisaged-renewable-energy-target-the-green-leap-forward http://hdl.handle.net/10986/27851 |
Summary: | This policy note is a summary of the
findings of a joint study of the Energy Research Institute
of the National Development and Reform Commission, and the
World Bank. The policy note is organized as follows: the
next section, 'in the shadow of king coal,'
provides a brief history of the development of renewable
energy (RE) in China during the last three decades, which
were characterized by the dominance of coal.
'Optimizing RE targets' is dedicated to the
calculation of the optimal RE solutions (share of primary
energy consumption and technology mix). 'China's
envisaged RE target: aiming high' focuses on the
evaluation of the existing and envisaged government RE
targets based on the same economic, technical, and
externality assumptions used for the optimization. 'Two
birds with one stone: environmental protection and
industrial development' is dedicated to the comparison
of the government targets and optimal solutions and the
analysis of incremental costs associated with them.
'The policy fundamentals on the right track'
focuses on the impact of the development of RE programs on
the costs of electricity generation and how to pay for it.
'Someone has to pay!' provides high-level policy
recommendations that could speed up the scale-up of RE and
reduce incremental costs to society. The final section,
'toward a greener future,' provides
recommendations based on the results of the study to achieve
scale-up of RE at minimal cost. |
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