A corresponding example is that in the spot market, electricity prices tend to be lower when there is more PV and wind power production. Therefore, there is still an implicit subsidy for PV and wind. Future policies should consider eliminating implicit price subsidies and promoting the growth of renewable energy through tax incentives. 5.2.
It provides practical financial assistance for companies with technology in a more targeted manner and avoids parasitic diseases that enterprises heavily rely on government subsidies, which is fundamental to the sustainable development of the PV and wind power industry.
The reduction in subsidies could place additional strain on China's solar industry, which is already grappling with overcapacity and plummeting panel prices that threaten the viability of smaller manufacturers.
On the grounds of [21, 41]; subsidy policy directly affects the operation efficiency of China's PV and wind power industries. Therefore, this paper uses the PPE (property, plant and equipment) turnover rate to measure the company's operation efficiency (OE). Control variables (Convars).
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