Economic effects of new energy development in future China

Energies ◽  
2020 ◽  
Vol 13 (14) ◽  
pp. 3667
Author(s):  
John Dorrell ◽  
Keunjae Lee

This paper provides a structured literature review of the negative economic effects associated with the development of wind energy and synthesized the evidence at an abstract level. We then developed an analytical framework to systematically review economic issues such as volatility, electricity price, housing values, and unemployment in relation to wind energy. Global wind energy development data from the time period from 2000 through 2019 were included for a more robust analysis. This period encompasses the vast majority of total global installed wind energy capacity. After amalgamating evidence from existing studies and data banks, we discuss the policy implications, suggest avenues for future research, and propose solutions to mitigate externalities. By understanding the negative economic impact created by the expansion of wind energy, we can better equip policy makers and developers to create more efficient and sustainable energy policy to benefit citizens and preserve the environment for generations to come.


Energies ◽  
2019 ◽  
Vol 12 (9) ◽  
pp. 1808 ◽  
Author(s):  
Jia Liu ◽  
Jizu Li ◽  
Xilong Yao

It is believed that renewable energy may become a dominant energy in the future. However, whether renewable energy can promote industry development like the use of fossil energy is still unknown. This paper uses social accounting matrix (SAM) multiplier model to analyze the economic effects of renewable and coal energy in China. The transmission mechanisms of renewable and coal energy on production factors are also compared from the perspective of sector industry chain based on the structural path analysis (SPA) analysis method. We found that; renewable energy plays a stronger role in promoting the national economy than coal energy. Meanwhile, renewable energy can better promote the upgrading of the industrial structure compared with coal energy. Additionally, renewable energy affects economic development, mainly through the intermediate industries such as electrical machinery manufacturing and transportation, warehousing and service industries. These findings provide further insights into the influence path of renewable energy, which yields important implications for reasonably designing and choosing new energy development planning.


2012 ◽  
Vol 2012 ◽  
pp. 1-14 ◽  
Author(s):  
Minggang Wang ◽  
Hua Xu

This paper reports a new four-dimensional energy-saving and emission-reduction chaotic system. The system is obtained in accordance with the complicated relationship between energy saving and emission reduction, carbon emission, economic growth, and new energy development. The dynamics behavior of the system will be analyzed by means of Lyapunov exponents and equilibrium points. Linear feedback control methods are used to suppress chaos to unstable equilibrium. Numerical simulations are presented to show these results.


2021 ◽  
Vol 292 ◽  
pp. 01032
Author(s):  
Renrui Liu

With the proposal of a sustainable development strategy, the development of new energy is accelerating day by day. The impact of new energy on economic growth has become increasingly apparent. Therefore, this article will analyse the characteristics and development status of new energy. This article focuses on the analysis of the development of new energy in China, including the current data on wind energy and biomass energy in China, so as to put forward the influence factors of the development of new energy on economic construction. At the same time, it also proposed a new energy development strategy centred on economic growth. The purpose of this article is to guide the coordinated development of new energy development and economic growth.


1989 ◽  
Vol 7 (4) ◽  
pp. 251-261
Author(s):  
Takashi Horigome ◽  
Hiroshi Sugimoto

Solar energy development at the New Energy and Industrial Technology Development Organization (NEDO) is concerned with reducing the cost of photovoltaic (PV) systems by promoting low cost, high efficiency solar cell manufacturing technology and photovoltaic system demonstations. The first involves reducing the cost of solar cell modules by producing better silicon materials and improving fabrication techniques. A number of demonstration systems are in operation.


2011 ◽  
Vol 347-353 ◽  
pp. 1172-1179
Author(s):  
Nan Jun Lai

Oil belongs to nonrenewable resources. With the oil supply relatively limited and the global economy enters a fast development cycle and oil demand is increasing, oil prices rising is inevitable. Impact of high oil prices is deep and continuous, will change our country’s energy production and consumption structure. As China’s largest offshore oil and gas producers, China’s CNOOC must take positive and correct development strategy, and energetically develop and use of in the new energy, and provide high quality energy for our country’s economic and social development. This paper expounds some effort in the field of new energy development and utilization of the China National Offshore Oil Corporation(CNOOC), mainly including wind power development, bio-fuels development, natural gas hydrate recover and so on.


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