With economic development and the change of industrial structure, industrial relocation is an inevitable trend. In the process of industrial relocation, environmental externality and social cost could occur due to market failure and government failure. Little attention has been paid to this...

China's electricity sector has experienced substantial efficiency improvement during the last one and a half decades. The recent literature has mostly attributed the efficiency improvement to the 2002 unbundling reform with little attention paid to the large scale retrofitting process introduced...

In recent years, an increasing number of Chinese wind power firms have been going international in search of global market for development channels. By employing qualitative research and case study methods, this paper examines the export scale and markets of China’s wind turbines, the market...

Liaoning province, located in Northeast China – one of China's three most wind-rich areas, possesses abundant wind resources. Along with China's rapid development of wind power in recent years, the issue of how to integrate more wind power to the grid, and how to balance the conflict between...

In 2003, China's integrated electricity utility – the State Power Corporation (SPC) – was unbundled and dismantled into five generation groups and two grid companies in an effort to increase competition and improve efficiency. In this paper, we study the impact of this deregulation reform on...

China’s electricity industry has experienced two major stages of development: from 1949 to 1984, the industry was treated as a subordinate sector whose goal was to support the development of other industrial sectors; since 1985, a series of reforms in its governance mechanisms have been...