Review the status and effects of renewable energy of China in term of the energy issues faced by China during the national economy development
Ren Dong-ming
Abstract
Ren Dong-ming
Abstract
With the fast growing of the economy China will be facing an even serious situation on energy supplyment. There are many ways to take to address those energy issues. Hereinto one of the practical choices is to develop renewable energy and increase the share of it in the energy consumption structure. China has abundant renewable energy resources and a few renewable energy industries have processed some scale through many years development. However it could not meet the demand of the strategy of energy development. To accelerate the development of renewable energy can bring more advantages to society in the long run. Nowadays renewable energy cannot compete with traditional energy under the existing energy price system. It is necessary to introduce special methods and effective mechanisms to enhance the development of renewable energy in China.
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With the fast growing of the economy China will be facing an even serious situation on energy supplyment. There are many ways to take to address those energy issues. Hereinto one of the practical choices is to develop renewable energy and increase the share of it in the energy consumption structure. China has abundant renewable energy resources and a few renewable energy industries have processed some scale through many years development. However it could not meet the demand of the strategy of energy development. To accelerate the development of renewable energy can bring more advantages to society in the long run. Nowadays renewable energy cannot compete with traditional energy under the existing energy price system. It is necessary to introduce special methods and effective mechanisms to enhance the development of renewable energy in China.
Key concepts: Renewable energy, Energy engineering, Renewable energy credit, China, Energy development, Energy subsidies, Feed-in tariff, Natural resource economics