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LOW - CARBON TRANSITION (2) answer(s).
 
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ID:   128452


Erratic path of the low-carbon transition in China: evolution of solar PV policy / Zhang, Sufang; Andrews-Speed, Philip; Meiyun Ji   Journal Article
Andrews-Speed, Philip Journal Article
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Publication 2014.
Summary/Abstract The last twenty years have seen the growth of both solar PV manufacturing capacity and deployment in China, yet this growth has followed a very erratic path. This study applies the concept of socio-technical regime to identify factors which have made this path so erratic. We examine four stages in China's solar PV policy from mid-1990s to 2013 and show that each is characterized by different combinations of policy program. These changes in government policy and in the resultant trajectory of the solar PV sector are attributed to three main sets of variables. The most important of these are events which shape the wider policy priorities of China's government. Secondary factors include the government's poor management of the policy interaction between the domestic solar PV manufacturing industry and the deployment of solar PV across the country, as well as policy learning within government. The general lesson from this study is that the development path of a single element of a national strategy for the low-carbon transition is likely to be erratic, subject as it is to a range of political and economic forces, and to experimentation and learning.
Key Words China  Solar PV  Low - Carbon Transition 
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2
ID:   171500


Impact of heterogeneous market players with bounded-rationality on the electricity sector low-carbon transition / Barazza, Elsa; Strachan, Neil   Journal Article
Strachan, Neil Journal Article
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Summary/Abstract The energy sector transition requires large financial investments in low-carbon generation technologies, to be delivered by a variety of actors with heterogeneous characteristics. Real-world actors have bounded-rationality, reflected by their limited foresight and heterogeneous expectations, and as past trends influence their investments. Agent-based models are highly suitable modelling frameworks to study such realistic and complex energy transition dynamics. This paper introduces BRAIN-Energy, a novel agent-based model which explicitly allows to explore the impacts of actors' heterogeneous characteristics, and of their interactions, on the transition pathways of the UK, German and Italian electricity sectors. Results show that actors' heterogeneous characteristics pose barriers to effective decarbonisation efforts, affect the speed of the transition, and impact the transition's security of supply and affordability dimensions. Limited foresight and path-dependency lead to investment cycles (both virtuous and vicious). The country comparison highlights how such effects are stronger in markets with more heterogeneous market players.
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