Compared with the first two energy transitions in human history, the current third energy transition is characterized by the changing concepts of development. Considering its energy mix dominated by fossil fuels, Chin...Compared with the first two energy transitions in human history, the current third energy transition is characterized by the changing concepts of development. Considering its energy mix dominated by fossil fuels, China is faced with a daunting task of transition. This paper discusses the following policy recommendations on China＇s energy transition, including building a renewables-friendly electric power system, developing smart grids and electric vehicles, promoting cross-regional electric power transactions, encouraging financial innovation, and creating new energy industry investment funds to broaden financing channels and diversify investment entities.展开更多
文摘Compared with the first two energy transitions in human history, the current third energy transition is characterized by the changing concepts of development. Considering its energy mix dominated by fossil fuels, China is faced with a daunting task of transition. This paper discusses the following policy recommendations on China＇s energy transition, including building a renewables-friendly electric power system, developing smart grids and electric vehicles, promoting cross-regional electric power transactions, encouraging financial innovation, and creating new energy industry investment funds to broaden financing channels and diversify investment entities.
