“…The potential impacts and evolutions of coal power policies, as a major research branch, range the quantifiable indicators such as air pollutant discharge regulation (Guo, Guo, & Yuan, 2014; Ji, Li, & Wang, 2017), carbon emissions performance regulation (Liu, Zhang, Yao, & Yuan, 2017; Zhang, Bo, Zhao, & Nielsen, 2019), green dispatch (Li, Song, & Shen, 2019; Wei et al, 2018; Yin, Zhang, Andrews‐Speed, & Li, 2017), industrial policies (Li et al, 2020; Na, Yuan, Xu, & Hu, 2015; Shi, Rioux, & Galkin, 2018; Zhou et al, 2019), energy efficiency promotion (Li, Patiño‐Echeverri, & Zhang, 2019), long‐distance transmission benefits (Peng et al, 2017), tax policies (Song, Bi, Wu, & Yang, 2017), coal power subsidy (Yuan et al, 2019), and supply‐side structural reforms in coal power (Yuan, Zhang, Guo, Ai, & Zheng, 2019). Another interesting subject on coal power technology is about the flexibility retrofit to integrate renewable energy (Dong, Jiang, Liang, & Yuan, 2018; Na et al, 2019; Na, Yuan, Zhu, & Xue, 2018). The studies on generation economics and external environmental cost of coal power directly portray the profit loss of generators posed by internal and external pressures (Du & Mao, 2015; Wang, Wang, Zhu, & Li, 2018; Yuan et al, 2017; Zhao et al, 2017; Zhao et al, 2017).…”