Solar photovoltaic (PV) systems have experienced strong market growth over the last decade. Since the mid‐2000s, the increase in demand in line with policy supports in Europe has attracted the Chinese players into the PV manufacturing market. Chinese production soared in a short time and managed to quickly reduce the cost thanks to large‐scale supply with mass‐produced products. Faced with the global economic crisis, the European countries began reducing their policy supports that caused a decrease in the demand for PV installations. Despite such a market situation, Chinese PV manufacturers have continued to produce large quantities of solar PV products and thereby aggravated the global PV industry situation with a global supply–demand imbalance. China's rapid market expansion without domestic market development has brought unexpected results with an oversupply of PV materials and equipment in a global market and destabilized the PV market. It influenced the PV policy mechanisms of other countries. Many PV firms in the world have since gone into bankruptcy. China and Europe lately went through a trade dispute over the Chinese solar panel imports (dumping suspicion). In this context, this study aims to identify the PV policy mechanisms based on a multiperspective approach in Germany, Japan, and China. A systematic logical framework is proposed and then used to explain each country's PV policy strategy and results. Moreover, PV globalization impacts and interactions among them are studied using the international trade theory. At the end, this research also attempts to seek optimal strategies to improve the global PV mechanisms. Copyright © 2014 John Wiley & Sons, Ltd. Since the mid‐2000s, the market situation has evolved with the entry of China, and market disturbance was observed after the global economic downturn with an excessive supply problem. The massive inflow of the cheap Chinese products into the German market absorbed the share of the German industry, provoking unexpected price reductions and a rise in the number of installations.
Solar photovoltaic energy policy and globalization: a multiperspective approach with case studies of Germany, Japan, and China
Progress in photovoltaics ; 24 , 4
2016
Article (Journal)
English
BKL: | 53.36 Energiedirektumwandler, elektrische Energiespeicher |
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