Multiple approaches help promote G20's renewable energy competitiveness

2018-07-11 Global Communications

The research team led by Prof. GUO Sujian with the School of Public Affairs publishes an article entitled “Assessing national renewable energy competitiveness of the G20: A revised Porter’s Diamond Model” in the journal of Renewable and Sustainable Energy Reviews.

To ensure energy security and tackle global challenges, such as climate change and environmental degradation, governments have formulated and implemented various public policies to encourage the development and utilization of renewable energy worldwide.

GUO Sujian et al. focus on potential approaches to evaluating and promoting the international competitiveness of Group 20’s (the G20’s) renewable energy industry. By developing a revised Diamond Model in relation to Porter’s theory of industry competitive advantage, they provide an analytical framework for assessing the national renewable energy competitiveness of the G20 members.

By investigating the primary driving force for the renewable energy industry, the team present a sound competitiveness assessment of the present and future of the G20’s renewable energy industries, such as solar, wind, hydropower, and biomass energy. Based on the international analysis of the G20, they also propose a set of policy recommendations to support decision makers in the evaluation and choice of strategies for enhancing national renewable energy competitiveness.

Their findings could better serve both policy makers and industrial end-users as a useful reference for international efforts to approach the sustainability of global energy use.