Review of renewable energy investment and financing in China: Status, mode, issues and countermeasures
Review of renewable energy investment and financing in China: Status, mode, issues and countermeasures
复制标题
DOI：
10.1016/j.rser.2013.11.026
复制
发表时间：
2014-03
影响因子：
15.9
通讯作者：
Zeng Ming;Liu Ximei;Yulong Li;Peng Lilin
中科院分区：
文献类型：
--
作者：
Zeng Ming;Liu Ximei;Yulong Li;Peng Lilin
在国家政策的支持下，中国的可再生能源发电产业经历了快速发展期，进入了世界前列，特别是在装机容量和新增装机速度方面。然而，随着可再生能源的快速发展，发电行业面临着越来越多的挑战，尤其是在投融资方面。至于风电行业，也存在融资渠道单一、项目投资盲目等问题，这将导致一些高级项目融资困难。此外，光伏发电的投资问题导致了恶性竞争和国际市场的暴跌，从而出现了中国整个光伏产业的产能过剩。总的来说，可再生能源行业面临着资金短缺和盲目投资的看似矛盾的困境，这源于以政府为中心的可再生能源投融资。这种以政府为中心的模式在早期促进了可再生能源产业的发展，但不能适应可持续发展的要求。有鉴于此，本文对可再生能源投融资问题进行了深入研究。本文主要内容如下：首先，简要介绍了中国可再生能源产业的发展概况。其次，从投资现状、投融资主体、投融资方式、资金来源和融资渠道五个方面对中国的可再生能源投融资现状进行了详细的梳理。其次，总结了可再生能源融资的模式和特点，并对风电和光伏发电融资方式进行了比较分析。最后，对可再生能源投融资问题进行了探讨，并提出了进一步的可行性建议。综上所述，本文对中国可再生能源的持续健康发展具有重要意义。
With the support of national policies, China's renewable energy generation industry has experienced a rapid development period and entered the world forefront level, especially in the aspects of installed capacity and speed of newly installed capacity. However, with the rapid development of renewable energy, the power generation industry is facing more and more challenges, particularly in investment and financing. As for wind power industry, there are also some problems such as single financing channels, blindness of projects investment and so on, which will result in financing difficulties for some advanced projects. In addition, the problems for the investment of photovoltaic (PV) power generation leads to vicious competition and a tumble in international market, thus the overcapacity of China's entire PV industry emerges. Generally speaking, the renewable energy industry is facing a seemingly contradictory predicament of funding deficiencies and blind investment, which is derived from the government-centered renewable energy investment and financing. This government-centered mode has promoted the development of renewable energy industry in the early stage, but it cannot be adapted to the requirements of sustainable development. In view of these, the problems of renewable energy investment and financing are deeply studied in this paper.This paper proceeds as follows: Firstly, the overview of the development of China's renewable energy industry is briefly introduced. Secondly, the status quo of China's renewable energy investment and financing is explored in detail based on overview of the following five perspectives: investment situation; investment and financing bodies; investment and financing means; sources of funding and financing channels. Secondly, the patterns and characteristics of renewable energy financing are summarized and a comparative analysis of wind power and photovoltaic power generation financing means is carried out. Finally, renewable energy investment and financing issues are discussed and further feasible proposals are put forward. In all, this paper is of great significance in the sustainable and healthy development of China's renewable energy.