A study on the application of public–private partnership mode in shale gas development industry in China

Luo, Zhenhua; Yang, Ke; Cen, Kang; He, Jian; Han, Tao

doi:10.1063/1.4985945

Cited by 6 publications

(4 citation statements)

References 20 publications

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“…2017;Chotia, V., Rao, N. V. M. 2018;Ebhota, W. S., Inambao, F. L. 2017;Kwame A. 2011;Luo, Z., Yang, K., Cen, K., He, J., Han, T. 2018;Ogundari, I. O., Otuyemi, F. A. 2009).…”

Section: Entrepreneurship and Sustainability Issuesunclassified

Realization of PPP projects in the sector of energetics as a condition of a sustainable development of macroregions

Толстолесова¹,

Yumanova²,

Mazikova³

et al. 2019

JESI

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The article deals with the problems of implementation of public-private partnership programs in the energy sector aimed at ensuring the sustainable development of macro-regions. It is determined that in the financing of PPP energy projects, the World Bank institutions evaluate the projects for the selection of the most effective and ready for implementation, based on a variety of criteria. This assessment gives priority to projects that are based on renewable energy sources and those that are more environmentally friendly. The problems and uncertainties associated with the implementation of PPP projects in the energy sector are identified.

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“…2017;Chotia, V., Rao, N. V. M. 2018;Ebhota, W. S., Inambao, F. L. 2017;Kwame A. 2011;Luo, Z., Yang, K., Cen, K., He, J., Han, T. 2018;Ogundari, I. O., Otuyemi, F. A. 2009).…”

Section: Entrepreneurship and Sustainability Issuesunclassified

Realization of PPP projects in the sector of energetics as a condition of a sustainable development of macroregions

Толстолесова¹,

Yumanova²,

Mazikova³

et al. 2019

JESI

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“…At the same time, shale gas development in PPP mode involves a large number of participants, including government, private enterprises, project companies, loan banks or other financial institutions, insurance companies, guarantee trustee, storage and transportation infrastructure operators, professional equipment suppliers, product users, etc. [14]. In the previous evaluation of the performance evaluation of PPP projects, the participants tended to focus on the performance grade of their own parties and had little consideration for the performance indicators of other participants, resulting in the lack of connection between the performance evaluation indexes of PPP project and even the lack of systematic evaluation index system [15].…”

Section: Introductionmentioning

confidence: 99%

Research on Performance Evaluation System of Shale Gas PPP Project Based on Matter Element Analysis

Luo

Yang

Zhong

2018

Mathematical Problems in Engineering

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The PPP model is a Public-Private Partnership and a pattern which provides product or service to the public; applying the PPP model to the shale gas development project helps to solve the difficult problem that exists in the shale gas project. Through extensive literature analysis and in-depth study of shale gas PPP projects, for performance evaluation of shale gas PPP project, based on the five dimensions of macroenvironmental characteristics, economic benefits, the project internal processes, innovation and environmental protection and sustainable development, and stakeholder satisfaction, an indicator system consisting of 22 secondary indicators was set up, and the weight of each index was determined by AHP, using the matter element analysis method to build the comprehensive evaluation of the shale gas PPP project performance evaluation model and set indicator evaluation standard of excellent, good, medium, general, and poor in five grades. We evaluate the performance of a shale gas PPP project and conclude that the evaluation grades of the project are good, which is in line with the reality, indicating that the evaluation system and the method are effective and credible.

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“…Thereafter, more studies focused on this field. Due to the high cost of developing shale gas, some studies discussed this topic from an economic perspective (e.g., tax concession and financial subsidies [15][16][17], market regulation, and competition [18][19][20]). In their perspectives, under China's current technological and economic conditions, it was difficult to make a profit; therefore, policymaking should focus on cost reduction in order to attract investors.…”

Section: Introductionmentioning

confidence: 99%

Problem Orientated Analysis on China’s Shale Gas Policy

Wang

Luo

et al. 2018

Energies

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China has accelerated the pace of shale gas development from 2010. A series of policies were issued by the Chinese government to motivate and regulate shale gas exploration and exploitation. In order to investigate the effectiveness of these policies and provide reference to the policymakers, the most relevant policies from 2010 to 2016 were collected and analyzed. Our study summarized that, in total, eight government agencies issued 25 related policies, which cover all the main problems that impede China’s shale gas industry. With the aid of these policies, the approved research and development (R&D) funds exceed 350 million Chinese yuan (CNY) ($55 million), and over 80 domestic companies participated in exploration rights bidding and nine foreign companies initiated thirteen international cooperation projects. In 2016, China’s shale gas production reached 7.88 × 109 m3, ranking third in the world. However, these policies still have some shortcomings, such as low environmental concerns, weak financial stimulus, and inefficient implementation. Therefore, we suggest that future policy should put particular emphasis on (1) formulating special environmental regulations and determining development scale based on water resource; (2) providing detailed implementation plans and maintaining stable subsidy; (3) enhancing communication and supervision; and (4) establishing a public big data platform.

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A study on the application of public–private partnership mode in shale gas development industry in China

Cited by 6 publications

References 20 publications

Realization of PPP projects in the sector of energetics as a condition of a sustainable development of macroregions

Realization of PPP projects in the sector of energetics as a condition of a sustainable development of macroregions

Research on Performance Evaluation System of Shale Gas PPP Project Based on Matter Element Analysis

Problem Orientated Analysis on China’s Shale Gas Policy

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