Successes and Failures of China's Golden-Sun Program
Yonghua Wang, Guoliang Luo, Huang Kang
Available Online April 2017.
- https://doi.org/10.2991/iceesd-17.2017.109How to use a DOI?
- Golden-Sun Program, Investment subsidy, Feed in tariff (FIT), Regulation, Grid connection
- In 2009, the Chinese government released the policy about the Golden-Sun Program, deciding to provide investors with upfront subsidies prior to project construction with the special funds for renewable energy, with the aim to accelerate large-scale industrialization of PV power generation in China. This paper suggests four indicators used to assess the success and failure of the Golden-Sun Program: policy system design, effectiveness, administrative institution and time frame/development period. The results showed that: the success of the Golden-Sun Program is: fiscal subsidies play a notable role in promoting growth of China's PV market; it significantly improves the efficiency of constructing PV power generation facilities at home and provides clean energy to residents in rural areas without access to power;management and design of distributed PV power generation are improved significantly. The failure of the Golden-Sun Program is: lack of systematic design and effective coordination in policies; institutional deficiencies in policy design; obstacles to connecting user-side PV systems to the grid; lack of effective regulation leads to poor quality.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Yonghua Wang AU - Guoliang Luo AU - Huang Kang PY - 2017/04 DA - 2017/04 TI - Successes and Failures of China's Golden-Sun Program BT - Proceedings of the 2017 6th International Conference on Energy, Environment and Sustainable Development (ICEESD 2017) PB - Atlantis Press SP - 585 EP - 606 SN - 2352-5401 UR - https://doi.org/10.2991/iceesd-17.2017.109 DO - https://doi.org/10.2991/iceesd-17.2017.109 ID - Wang2017/04 ER -