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Do Green Electricity Certificates (GECs) Increase the Share of Renewable Energy? Evidence from China

Year: 2025

Type: article

Abstract: With the fast development of global renewables, green energy policy is currently a popular research topic. This paper emphasizes empirical methods to evaluate the Green Electricity Certificate (GECs) trading policy in China and explore the policy efficiency and future implementation by innovatively using the different-in-difference model. The findings are surprising, as the role of trading policy in accelerating the share of renewables in those provinces is not apparent, and the negative spillover effect promotes the development of wind and solar power in non-trading provinces. The Chinese government should carefully consider the real market demand of GECs and encourage renewable energy transition by more feasible and efficient policy instruments.

Source: Advances in Economics Management and Political Sciences

DOI: 10.54254/2754-1169/2024.26731

Author: Anhang Liu

Institution: University of Nottingham

Language: English

Topic: Renewable energy and sustainable power systems

Subfield: Renewable Energy, Sustainability and the Environment

Field: Energy

Domain: Physical Sciences

SDGs: Affordable and clean energy, Climate action, Industry, innovation and infrastructure

Open Access status: hybrid

OpenAlex ID: W4414145608

FWCI:

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