What affects the development of renewable energy power generation projects in China: ISM analysis

Zhen Yu Zhao, Yu Long Chen, Heng Li

Research output: Journal article publicationJournal articleAcademic researchpeer-review

11 Citations (Scopus)

Abstract

Developing renewable energy power generation projects (REPGPs) is significant to promote energy and environment sustainability. This study explores the inter-relationship amongst representative factors (RFs) affecting the development of REPGPs in China. Through literature survey, 43 factors affecting the development of REPGPs are identified. A questionnaire survey, targeting practitioners involved in the renewable energy (RE) industry is conducted for the relative importance of these factors. The survey data were processed by principal component analysis, and as a result, 16 RFs are obtained. Interpretive Structural Modeling (ISM) is adopted to establish a hierarchy structure to illustrate the intricate interrelationships among the RFs. They are classified into four clusters, i.e. autonomous factors, dependent factors, linkage factors, and driving factors by applying the Matrice d'Impacts croises-multipication appliqué a classement (MICMAC) technique to demonstrate their driving force and dependence power for REPGPs. Distribution of the RFs in the ISM and the driving force and dependence power diagram found that economy and urbanization development, incentive policy system, and government policy implementation are three most important factors. The results help both project developers and policy makers to understand the impact of forces on the development of REPGPs, resulting in better investment decisions and more targeted policies.

Original languageEnglish
Pages (from-to)506-517
Number of pages12
JournalRenewable Energy
Volume131
DOIs
Publication statusPublished - Feb 2019

Keywords

  • China
  • Development
  • Factor
  • Interpretive structural modeling (ISM)
  • Power project
  • Renewable energy

ASJC Scopus subject areas

  • Renewable Energy, Sustainability and the Environment

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