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    ARTICLE

    Behaviours of Multi-Stakeholders under China’s Renewable Portfolio Standards: A Game Theory-Based Analysis

    Bing Wang1,2, Kailei Deng1, Liting He1, Zhenming Sun1,*

    Energy Engineering, Vol.118, No.5, pp. 1333-1351, 2021, DOI:10.32604/EE.2021.014258

    Abstract China has implemented both quantitative and policy incentives for renewable energy development since 2019 and is currently in the policy transition stage. The implementation of renewable portfolio standards (RPSs) is difficult due to the interests of multiple stakeholders, including power generation enterprises, power grid companies, power users, local governments, and the central government. Based on China’s RPS policy and power system reform documents, this research sorted out the core game decision problems of China’s renewable energy industry and established a conceptual game decision model of the renewable energy industry from the perspective of local governments, power generation enterprises and power… More >

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