Abstract
In this paper, we integrate technological, institutional, and financial approaches towards expansion of the smart grid technology. We turn to China as the major producer and consumer of energy with an increasing focus on renewables. China’s electricity market has experienced a number of reforms while trying to address the economic and environmental challenges. In order to identify the basic requirements for the Chinese power sector, we look into the underlying trends of the energy mix, regulatory policies, and financial flows. Understanding these facets allows one to suggest directions for the further development of the Chinese power sector in the light of the smart grid concept. Indeed, the smart grid concept has no strict definition and, therefore, requires simultaneous consideration of multiple factors. The analysis shows that ensuring smooth transfer of electricity across the regions is a quintessential condition for smart grid development and the promotion of renewable energy in China. As the role of the state-owned enterprises still remains the most important one in the sector, private initiatives should be supported. Therefore, financial incentives are needed to guide the shifts in the energy mix and maintain efficient energy generation and consumption in China.
Baležentis, T.; Štreimikienė, D. 2019. Sustainability in the Electricity Sector through Advanced Technologies: Energy Mix Transition and Smart Grid Technology in China. Energies. Vol. 12, Issue 6, 1142; EISSN 1996-1073; https://doi.org/10.3390/en12061142; [AGORA (FAO); AGRIS - Agricultural Sciences and Technology (FAO); CAB Abstracts (CABI); Chemical Abstracts (ACS); Current Contents - Engineering, Computing & Technology (Clarivate Analytics); DOAJ - Directory of Open Access Journals; EconPapers (RePEc); Ei Compendex / Engineering Village (Elsevier); ETDE - Energy Technology Data Exchange (IEA); Genamics JournalSeek; HINARI (WHO); IDEAS (RePEc); Inspec (IET); Journal Citation Reports / Science Edition (Clarivate Analytics); Julkaisufoorumi Publication Forum (Federation of Finnish Learned Societies); LAPSE - Living Archive for Process Systems Engineering; Norwegian Register for Scientific Journals, Series and Publishers (NSD); RePEc; Science Citation Index Expanded - Web of Science (Clarivate Analytics); Scopus (Elsevier);Web of Science (Clarivate Analytics)].