Lead markets for clean coal technologies : a case study for China, Germany, Japan and the USA
Horbach, Jens
;
Chen, Qian
;
Rennings, Klaus
;
Vögele, Stefan
URL:
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https://ub-madoc.bib.uni-mannheim.de/32568
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URN:
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urn:nbn:de:bsz:180-madoc-325681
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Document Type:
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Working paper
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Year of publication:
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2012
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The title of a journal, publication series:
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ZEW Discussion Papers
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Volume:
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12-063
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Place of publication:
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Mannheim
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Publication language:
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English
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Institution:
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Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
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MADOC publication series:
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Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
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Subject:
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330 Economics
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Subject headings (SWD):
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Kohlekraftwerk , Energietechnik , Schlüsselsektor , Industrielle Forschung , China , Japan , Deutschland , USA
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Keywords (English):
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Lead markets , coal power plants , energy technology , energy policy
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Abstract:
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Despite the high CO2 emission intensity of fossil and especially coal fired energy production,
these energy carriers will play an important role during the coming decades. The case study
identifies the main technological trajectories concerning more efficient fossil fuel combustion
and explores the potentials for lead markets for these technologies in China, Germany, Japan
and the USA taking into account the different regulation schemes in these countries. We concentrate
on technologies that have already left the demonstration phase. This is the case for
supercritical (SC) and ultra-supercritical (USC) pulverized coal technologies that are already
established.
The analysis shows that the typical pattern of a stable lead market only applies to a limited
extent. In the 1960s and 1970s, the USA has established a lead market for SC und USC technologies.
In the meanwhile, Japan has surpassed the United States, although it started as a
typical lag market. Japan has caught up in terms of supply factors, China in terms of price,
demand and regulation advantage.
This supports the hypothesis that - apart from the demand-oriented lead market model - push
factors such as R&D activity play a strong role as well. The advantage of Japan mainly stems
from its intensive R&D activities. It can also be observed that some other advantages – such
as price and demand advantage – are shifting to China. China is practicing a leapfrogging
strategy, and has already become a leader in the market segment of low and middle quality
boilers, whereas Japan and Germany still dominate the world turbine market.
The conclusion is that lead markets may switch over time to markets with high growth rates,
although first mover advantages exist for some market segments such as turbines. First movers
have a strong technological expertise which is important in the catching up process of late
followers, and they may even profit from the growth in lag countries by exporting and cooperation
activities. Thus international technology cooperation is a beneficial process for all
involved parties.
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 | Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt. |
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