Practice and Lessons of Renewable Portfolio Standard in Foreign Countries
To promote large-scale intergration and consumption of renewable energy and guarantee the realization of renewable energy development goals, renewable portfolio standard (RPS) policy will be issued in China. This paper analyzes the practice and characteristics of RPS in foreign countries in terms of obligation subject, total target, index decomposition method and operation mechanism, and comprehensively elaborates the relationship between RPS policy and other renewable energy policies, the cost transmission mechanism of RPS and the final obligation subject. Based on the particularity of RPS policy design in China, relevant recommendations are proposed to improve the design.