Evolution of competition in energy alternative pathway and the influence of energy policy on economic growth》.pdfVIP

Energy 88 (2015) 223e233 Contents lists available at ScienceDirect Energy journal homepage: /locate/energy Evolution of competition in energy alternative pathway and the influence of energy policy on economic growth * Honglin Yang , Lin Wang, Lixin Tian Center for Energy Development and Environmental Protection, Jiangsu University, Zhenjiang, Jiangsu 212013, PR China a r t i c l e i n f o a b s t r a c t Article history: This work is devoted to the evolution of the competition of energy alternative pathway in China, and the Received 10 May 2014 influence of energy policy on economic growth by using a dynamical system method. Firstly, the relation Received in revised form between energy and economic growth is taken into account, and a dynamic evolution model is estab- 17 April 2015 lished. It is observed that Hopf bifurcation and chaotic behavior occurs with the varying investment in Accepted 18 April 2015 renewable energy production. Secondly, when there is no policy intervention in energy market, the Available online 11 June 2015 evolution of competition in energy alternative pathway is also investigated. Thirdly, the system pa- rameters are also identified by using an artificial neural network method on the basis of certain empirical Keywords: Energy production s