Background
Considering energy- and climate-related policies adopted, the European Union and the People’s Republic of China are expected to be on the same trajectory of reducing pollution, aiming for carbon neutrality in 2050 and 2060, respectively. However, although they share a common goal of more sustainable development, their targets and means often collide. The main objective of the study is to identify the main similarities and differences in approaches to energy and climate policies in the European Union and the People’s Republic of China, with special attention given to the scope, past, present, and future of Chinese investments in renewable energy projects in the countries of the Central and Eastern European region, and to reveal the prevailing factors of the (un)successful renewable energy projects in those countries eventually. The methods used are literature review and qualitative content analysis of the European Union’s and the People’s Republic of China’s energy- and climate-related policies according to the prescribed indicators (from 2005 onwards) and in-depth exploratory desk research of cooperation in renewable energy projects between the People’s Republic of China and 14 Central and Eastern European Countries (from 2014 onwards).
Results
The study showed that despite the significant alignment of the European Union’s and the People’s Republic of China’s energy- and climate-related policies on a normative level, renewable energy cooperation between the People’s Republic of China and Central and Eastern European countries on a practical level is moderate. This state of play mainly results from political factors, such as rising levels of Sino-scepticism and the overall deterioration of the European Union–People’s Republic of China relations.
Conclusions
The study showed that political rather than economic or legal factors had a great impact on the Chinese presence in the domain of renewable energy in the countries of the Central and Eastern European region. However, the significant alignment of the European Union’s and the People’s Republic of China’s energy- and climate-related policies and dedication to common energy transition targets offer room for improving renewable energy cooperation. Overcoming political and economic divergences imposes a condition for achieving better cooperation in the renewable energy domain.