TY - JOUR
T1 - The Belt and Road Initiative and its Implications for Global Renewable Energy Development
AU - Geng, Qingge
N1 - Publisher Copyright:
© 2021, The Author(s), under exclusive licence to Springer Nature Switzerland AG part of Springer Nature.
PY - 2021/3
Y1 - 2021/3
N2 - Purpose of Review: This article first demonstrates the natural potential of renewable energy development in BRI countries; second, the Rising Power Framework is introduced to investigate the improvement brought by BRI for renewable energy development in host countries. Finally, the political and economic challenges as well as those caused by the COVID-19 pandemic for renewable energy development are also identified. Recent Findings: The review shows that the BRI project indeed improved the renewable energy development in host countries, while the scale of renewable energy development, especially solar and wind energy, is heavily dependent on the amount of funding; moreover, the degree of technological improvement is determined by host countries’ development needs and absorption capacity. Summary: In conclusion, this paper proposes a consideration related to the structure of energy investment under the BRI.
AB - Purpose of Review: This article first demonstrates the natural potential of renewable energy development in BRI countries; second, the Rising Power Framework is introduced to investigate the improvement brought by BRI for renewable energy development in host countries. Finally, the political and economic challenges as well as those caused by the COVID-19 pandemic for renewable energy development are also identified. Recent Findings: The review shows that the BRI project indeed improved the renewable energy development in host countries, while the scale of renewable energy development, especially solar and wind energy, is heavily dependent on the amount of funding; moreover, the degree of technological improvement is determined by host countries’ development needs and absorption capacity. Summary: In conclusion, this paper proposes a consideration related to the structure of energy investment under the BRI.
KW - Belt and road initiative
KW - China
KW - Global renewable energy development
UR - http://www.scopus.com/inward/record.url?scp=85107865142&partnerID=8YFLogxK
U2 - 10.1007/s40518-020-00172-2
DO - 10.1007/s40518-020-00172-2
M3 - Review article
AN - SCOPUS:85107865142
SN - 2196-3010
VL - 8
SP - 40
EP - 49
JO - Current Sustainable/Renewable Energy Reports
JF - Current Sustainable/Renewable Energy Reports
IS - 1
ER -
