Policy solution and game analysis for addressing the challenge of developing public–private partnership energy project
Bibliographic Data
| ID | 15544309 |
|---|---|
| Authors | Bowen Tang (0000-0003-4072-4903, Wuhan University), Jian Xu (0000-0002-1138-1158, Wuhan University, corresponding author), Yuanzhang Sun (Wuhan University), Nan Zhou (0000-0001-9566-2768, Lawrence Berkeley National Laboratory), Bo Shen (0009-0003-0242-6830, Lawrence Berkeley National Laboratory), Siyang Liao (0000-0002-4092-764X, Wuhan University), Yilu Liu (0000-0002-6707-9062, University of Tennessee at Knoxville) |
| Year | 2019 |
| Volume | 14 |
| Issue | 4 |
| Pages | 044019-044019 |
| Publication date | 2019-01-28 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environmental Research Letters (JOURNAL) |
| Journal identifiers | ISSN: 1748-9326 • E-ISSN: 1748-9326 |
| Publisher | IOP Publishing (PUBLISHER • GB) |
| DOI | 10.1088/1748-9326/ab0217 |
| OpenAlex | W2911757081 |
| Language | EN |
| Citations received | 1 |
| References cited | 24 |
Various developing countries have been promoting public–private partnership (PPP) infrastructure projects in recent years. Energy infrastructure project construction, which needs substantial capital investments, is a cornerstone of and supports economic development. A PPP-based energy infrastructure project is beneficial for alleviating developing countries’ financial burden and for facilitating the diversified development of the energy market. Therefore, to increase government income and reduce infrastructure project costs, the PPP energy project construction model attracts considerable attention of various industries, especially in developing countries. For example, as gross domestic product growth decelerates and the government debt ratio rapidly increases, many Chinese provinces and cities face financial obstacles to economic development; therefore the Chinese government has issued a series of PPP-based energy policies. However, a number of risk factors associated with PPP projects, and conflicting interests between governments and private investors, have resulted in project failure. This study analyzes the development of PPP in China from the economic and industrial development perspective. It combines the latest PPP energy policies of China to solve problems that stem from the main risk factors involved in constructing and operating PPP energy projects. This research also provides game analysis for achieving maximum benefits as the government and the private investor have conflicting interests
Business · China · Developing country · Economic growth · Economics · General partnership · Government (linguistics · Private sector · Public–private partnership · Public Procurement and Policy · Public-Private Partnership Projects · Underground infrastructure and sustainability · Finance
| Unique citing works | 1 |
|---|---|
| Citations per year | 0,25 |
| Citation span | 2022 - 2022 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |