Primary Energy Consumption Structure and The Influencing Factors In China: An Income Decomposition and Post-Economic Crisis Era Perspective
Abstract China’s coal-based energy structure makes its carbon peak and neutrality goals very challenging. Therefore, the optimization of the energy structure has become an important means, and exploring its influencing factors and trends has become the basis and prerequisite for the formulation of policies related to the optimization of the energy structure. This study adopts regression methods considering heteroskedasticity and cross-section correlation to study the panel data of 30 provinces in China, and obtains the changes of relationship between the fossil and non-fossil fuels consumption of different regions and their influencing factors after two global financial crises. Research results show that, China's energy consumption tends to decouple from GDP. Income structure changes especially trade changes are important factors in influencing energy consumption and energy structure. The deviation of energy resources distribution and consumption distribution tends to strengthen. The impact of urbanization development models, energy prices and efficiency shows regional heteroskedasticity.