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    Economic Assessment and Policy Analysis on Wind Energy Development in China

    Considering rapid development and emerging new challenges of China's wind energy development, this paper summarizes and analyzes five critical problems. First, according to an economic potential assessment, if the feed-in tariff is set 0.60 Yuan/kWh, the economic potential of wind electricity of China will reach 6.63PWh, it could meet as much as 2/3 of total power demand by 2030, thus the targeted wind power proportion in future high renewable energy penetration can be achieved. Second, wind energy is abundant but little consumed in Northwest, Northeast and North China while it is insufficient in South and East of China, where grid-connection condition is well. Due to this reverse distribution pattern of wind power endowment and consumption in China, grid-connection transmission must be strengthened in the future, particularly the West–East and North–South power transmission projects must be pushed forward. Third, to address the issue of increasing wind energy curtailment in Northeast, Northwest and North China, stimulating local consumption of wind power by multiple ways is a possible solution in the short term, however, in the medium and long run, it is necessary to accelerate the construction of Ultra-High Voltage power grid in order to expand power transmission to other provinces and regions. Fourth, a new electricity market mechanism should be established as the fundamental measure of promoting new energy development, while green certificate trading market and carbon trading market will form the basis for such market mechanism in the long run. Fifth, though wind power development can bring multiple benefits to economy, employment, and environment, large-scale wind power development will, to some extent, affect local and regional climate. As global warming continues, the wind power resource distribution of China and the world may experience significant changes.

  • chapterNo Access

    Chapter 21: Mechanism for Developing the Transit and Export Potential of the Southern Federal District Logistics System

    The development of the export potential of the Southern Federal District of the Russian Federation is associated with the justified need to increase the capacity of transport and logistics infrastructure of the studied region and make more rational use of its geopolitical potential. Using geopolitical potential, regions of the Russian Federation seek to optimize the development of competitive industries in areas of economic activity, expanding export potential and pursuing the objectives of government policy to increase the region’s non-resource and non-energy exports, including from the perspective of the region’s transit potential. In essence, the concepts of export potential and transit potential are interrelated and interdependent; In practice, the formation and development of one provoke the growth of the other. Transit and export potential are concepts based on export-oriented production and on the capacity of transport and logistics infrastructure. Investments in the construction of regional distribution centers, which are embedded in the distribution chains of industries operating in the region, have the greatest importance in developing the transit and export potential of the logistics system. The chapter identifies the need to transition logistics services provided in the Russian Federation to a new integrated level of service. The reason for this situation is the increasing demand for quality and accelerated time performance of services every year, as evidenced by the expansion of the very concept of fulfillment. The authors applied statistical analysis and comparison methods, sampling, correlation and regression, and horizontal and vertical analysis. Investments in the construction of logistics centers are objectively local in practice, i.e., they have a local character. The investor receives the necessary information via the relevant ministries and departments, and the possible benefits and threats in terms of production location and preferences are considered in the investment decision-making process. In this process, the agencies must be fully involved in preparing a package of information on the available transport and logistics options for the transport and marketing of products. Implementing an investment project is a lengthy process. By understanding the investor’s needs, it is possible to offer solutions that are as attractive as possible for the investment. Since the necessary transport and logistics system will be developed by local businesses and logistics operators, the regional economy receives significant benefits realized in the creation of new jobs and increased revenues for the regional budget.