China's potential as an energy exporter

Owen, A. D.; Neal, Penelope Nancy

doi:10.1016/0301-4215(89)90070-0

Cited by 13 publications

(5 citation statements)

References 2 publications

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“…When Tang and Croix (1993) reviewed the interaction between energy use and economic growth in China, they only found two studies on the role of energy sources in China's economic development; Smil (1988) and Owen and Neal (1989). The former provided an insightful analysis of the role of energy in China's economic development since 1949; the later examined the extent of China's energy resources and the potential for energy exports.…”

Section: What Do Existing Surveys Of the Literature Show?mentioning

confidence: 99%

China's energy economy: A survey of the literature

Oxley

Gibson

2010

Economic Systems

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This paper reviews literature on China's energy economics, focusing especially on: i) the relationship between energy consumption and economic growth, ii) China's changing energy intensity, iii) energy demand and energy -capital and -labor substitution, iv) the emergence of energy markets in China, vi) and policy reforms in the energy industry. After reviewing the literature, the study presents the main findings and suggests some topics for further study. Raw coal production accounts for most of China's primary energy supply and electricity production is mainly generated from coal. This raises considerable environmental issues. One of the features of China's energy consumption is its overwhelming share of raw coal in aggregate energy consumption. During the past three decades, China's share of raw coal consumption remained steady at 70% of aggregate primary energy consumption (Table 1, column 1). By 2006 this had risen to approximately 77% (column 2). Raw coal is the most important source of electricity where in the last three decades over 80% of electricity consumed was generated from burning raw coal (column 3). Electricity from hydro, nuclear and wind accounted for only 8%.Following three decades of rapid economic growth and rising demand for energy products, Chinese residents are now becoming more environmentally aware.Consequently, policy makers have begun to acknowledge the need for cleaner sources of energy, such as natural gas and hydro. Continued movements in this direction will see the share of coal in total energy consumption decline further, with the share of oil, gas, and hydro increasing rapidly. This will push China to import more oil with significant effects on global energy markets (Crompton and Wu, 2005).However, raw coal remains the most important energy source in China. Therefore, China may face more severe challenges in dealing with future environmental issues than 6 most rapidly developing countries. Given the size of the economy and its current growth rates and its special features of energy economy, any changes in industrial structure, energy price deregulation, technological progress and improvements in energy efficiency in China will produce a significant effect on the global energy market. Therefore, China's energy economy does matter nationally and globally. China's energy economics is still in its infancyCompared with its global importance, China's energy economy is less developed and less fully understood in an international sense. Despite some areas having been extensively investigated for example, the relationship between energy consumption and economic growth, and changes in energy intensity, many other important issues, including energy price convergence; energy demand; energy-other factor substitution, and energy economic studies at the disaggregate level, have not been extensively studied or, in some cases, considered at all. in an ad hoc and partial, non integrated, way. The need for a survey of China's energy sectorGiven the importance and rapid pace of economic gr...

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Section: What Do Existing Surveys Of the Literature Show?mentioning

confidence: 99%

China's energy economy: A survey of the literature

Oxley

Gibson

2010

Economic Systems

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“….2 a. market (8,9).5 In addition, China adopted a number of policies and reforms to encourage local governments and collectives to develop and operate small coal mines. One such reform was to allow operators of coal mines to sell any output produced above the state-mandated quota at higher "market or negoti ated" prices.…”

Section: The Modern Energy Sectormentioning

confidence: 99%

“…The Chinese economy also suffers from shortages of petroleum products. Exports of oil have been to a large extent done at the short-term expense of greater domestic consumption (9). The overemphasis on production drilling at the expense of exploration is partly responsible for the lack of real oil production opportunities and prospects (14) .…”

Section: Energy Shortages and Resourcesmentioning

confidence: 99%

Energy And Environmental Policy In China

Perlack¹

1991

Annual Review of Energy and the Environment

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“…It is estimated that China has 100 000 tons of uranium in "economically exploitable reserves" and at least 800 000 total tons. 44 CNEIC supplies nuclear fuel to both Daya Bay and Qinshan. It will supply low-level enriched uranium for the production of fuel assemblies.…”

Section: Nuclrarfuelmentioning

confidence: 99%

The status of nuclear power plants in the People's Republic of China

Puckett¹

1991

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Daya Bay, which is near Hong Kong, will have two pressurized water reactors with an electric capacity of 900 MW each. The thermal output of each plant is 2905 MW. Electricite de France is project consultant. Framatome of France is supplying the nuclear portion, General Electric of Great Britain the generators, and the civil works involve Campenon-Bernard of France, Maeda of Japan, Hua Xing of China, and the Second Branch of the China State Construction Corporation. The planned completion dates are October 1992 for Unit 1 and July 1993 for Unit 2, but 1994 has also been estimated for completion of ths plants. Early construction at Daya Bay has also been defective, forcing corrective measures and delays. China is expected to reprocess its spent fuel for reasons of economy and safer waste disposal. However, China is in the early phases of developing waste processing.

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China's potential as an energy exporter

Cited by 13 publications

References 2 publications

China's energy economy: A survey of the literature

China's energy economy: A survey of the literature

Energy And Environmental Policy In China

The status of nuclear power plants in the People's Republic of China

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