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| 1 |
ID:
097226
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| 2 |
ID:
160111
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| 3 |
ID:
143813
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| 4 |
ID:
168697
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| Summary/Abstract |
By contrast to the common objective of decarbonization of electricity production, the main driver of Russia's renewable energy policy is to achieve the economic benefits related to the manufacturing of green equipment. The focus on industrial development rather than the decarbonization of the power sector clearly appears from the decision of the Russian government to tie renewable energy subsidies to stringent local content requirements. In particular, solar energy benefits from a subsidy regime that is favourable to local manufacturers. Based on a detailed analysis of Russian renewable energy regulation, this paper studies the benefits for solar generation and explains this favourable treatment based on the vested interests of influential industrial groups in the solar PV manufacturing sector. These vested interests helped to overcome the resistance to renewable energy in an economy heavily dependent on oil and gas. More fundamentally, the influence of the local solar energy industry enabled the development of a support scheme that eventually stimulated the deployment of renewable energy technologies in general.
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| 5 |
ID:
138134
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| Summary/Abstract |
Seven years after the Global Financial Crisis of 2008, concern with the Vietnamese economy has shifted from short-term issues of inflation and balance of payments to prospects for medium- to longer term economic development. After several tumultuous years, macroeconomic stabilization has been achieved, but growth is significantly below trend, and is heavily dependent on manufactured exports. State-led industrialization has, inter alia, resulted in a lack of “industrial deepening” as well as a low employment-output elasticity. Deep structural reforms, particularly in the financial sector, state-owned enterprises, and public finance and investment are necessary to lift Vietnam’s longer term growth and to provide employment for its relatively young and growing population. Strong political leadership is needed to resist the influence of vested interests. Vietnam is indeed at the crossroads of taking action to join the ranks of the high-income industrialized economies of East Asia in the future or remaining mired in low middle-income status.
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| 6 |
ID:
126563
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| Publication |
2013.
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| Summary/Abstract |
China's wind power is in an embarrassing state. Along with its dramatic development since 2005, its curtailment ratio has been rising. Although this could be attributed to both physical and institutional factors, it is the institutional obstacles, mainly resulting from the adjustment difficulties of interests distribution, that have exercised a greater impact. The stakeholders relating to wind power integration are thermal power companies, grid companies and local governments. The extent to which wind power deployment affects these vested interests determines the core institutional obstacles to be addressed. Mainly based on quantitative and case analyses, we argue that currently wind deployment in China has a little impact on the interests of thermal companies, moderate impact on the interests of grid companies and great impact on local governments. We recommend that it is crucial to elevate the role of environmental protection and renewable energy increase while de-emphasize the role of economic growth in the evaluation of local governments' performance, as well as provide incentives for grid companies to attend more to their social responsibilities rather than their scale expansion and revenue growth.
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