China is facing important challenges stemming from increasing rates of urbanization and aging population. To pursue its ＂harmonious society＂ objective without disrupting its path to development major overhauls are n...China is facing important challenges stemming from increasing rates of urbanization and aging population. To pursue its ＂harmonious society＂ objective without disrupting its path to development major overhauls are necessary in education, health, social security and above all in public services, particularly in electricity. China＇s electricity industry is at the crossroads. To meet the challenges, new models of regulation should be developed and applied. This paper examines the current state of the Chinese electricity industry and the burden it imposes on its public finances. It also reviews and critically examines the existing FIT （Europe） and RPS （USA） models of regulation and of promotion of renewable energies and advances on whether they are advantageous for China. It is argued that the electricity industry has already undergone important reforms but cross subsidies still exist, equivalent to 1.5% of China＇s GDP. Drastic rate rebalancing policies will create sustainability problems and a deterioration of China＇s public finances. To avoid such negative results, China has to further reform its electricity industry gradually and use wisely FIT-type programs to bring renewables into the grid and fulfill the Kyoto Protocol展开更多
Energy policy is an essential part of the economy and the society. In some countries, there is a lack of a regulatory framework, which must be clear and practicable to allow new technologies to compete with the conven...Energy policy is an essential part of the economy and the society. In some countries, there is a lack of a regulatory framework, which must be clear and practicable to allow new technologies to compete with the conventional way of generation. This is the problem in Argentine, the lack of a regulatory framework that can regulate the insertion of wind energy into the Argentine power system （SADI）. In this paper, a review of typical incentives for the installation of wind farms in the world, and a review of some laws and policies in Argentine are presented. Also financial and economic issues that are related to the installation of wind farms are analyzed, and some recommendations related to the topics are presented in this paper.展开更多
文摘China is facing important challenges stemming from increasing rates of urbanization and aging population. To pursue its ＂harmonious society＂ objective without disrupting its path to development major overhauls are necessary in education, health, social security and above all in public services, particularly in electricity. China＇s electricity industry is at the crossroads. To meet the challenges, new models of regulation should be developed and applied. This paper examines the current state of the Chinese electricity industry and the burden it imposes on its public finances. It also reviews and critically examines the existing FIT （Europe） and RPS （USA） models of regulation and of promotion of renewable energies and advances on whether they are advantageous for China. It is argued that the electricity industry has already undergone important reforms but cross subsidies still exist, equivalent to 1.5% of China＇s GDP. Drastic rate rebalancing policies will create sustainability problems and a deterioration of China＇s public finances. To avoid such negative results, China has to further reform its electricity industry gradually and use wisely FIT-type programs to bring renewables into the grid and fulfill the Kyoto Protocol
文摘Energy policy is an essential part of the economy and the society. In some countries, there is a lack of a regulatory framework, which must be clear and practicable to allow new technologies to compete with the conventional way of generation. This is the problem in Argentine, the lack of a regulatory framework that can regulate the insertion of wind energy into the Argentine power system （SADI）. In this paper, a review of typical incentives for the installation of wind farms in the world, and a review of some laws and policies in Argentine are presented. Also financial and economic issues that are related to the installation of wind farms are analyzed, and some recommendations related to the topics are presented in this paper.
