With the support of national policies, China's renewable energy generation industry has experienced a rapid development period and entered the world forefront level, especially in the aspects of installed capacity and speed of newly installed capacity. However, with the rapid development of...

China's West–East Power Transmission is aimed at optimizing resources allocation, and promoting the common economy development of both east and west regions. However, some problems emerged in cross-province electricity trade in recent years. It is in great need of trading mechanism...

The rapid growth of China's economy has accelerated its energy demand, which is becoming more urgent. It is essential to exploit renewable energy because of the limited conventional energy, high energy consumption and serious pollution. China will strengthen the development and utilization of...

Recent findings on the term structure of equity and bond yields pose serious challenges to existing models of equilibrium asset pricing. This paper presents a new equilibrium model of subjective expectations to explain the joint historical dynamics of equity and bond yields (and their yield...

Demand-side management (DSM) is an effective means to construct low-carbon electricity system, improve energy efficiency and fastly enhance the sustainable development of economy. DSM in China has entered a period of rapid development. A series of policies and regulations related to DSM have...