Current situation and future projection of marine renewable energy in China

Abstract

Summary The rapid development of China's economy cannot be separated from the massive consumption of fossil fuel. However, potential risks such as the extreme shortage of fossil fuel and the resulting environmental problems are becoming more and more prominent. As a substitution for fossil fuel, renewable energy is playing an increasingly important role in the energy structure adjustment. As a special type of renewable energy, marine renewable energy has been paid much attention by China's government and scientific researchers because of its properties such as cleanness, environmental protection and large reserves. Under the background of energy structure adjustment and electricity market reform in China, the marine renewable energy power market has a bright future. Through querying an amount of literature and information, this paper makes a strategic analysis based on the understanding of the resource endowment, the current industrial status, and policy environment. Then, the PEST‐SWOT strategy analysis model was adopted to analyze the internalities (strengths and weaknesses) and the externalities (opportunities and threats) of the factors affecting the development of marine renewable energy power industry. Then, some countermeasures from the four angles of strategic positioning, institutional arrangement, environmental education, and technical support are proposed to address the weaknesses and threats. Through the research, some conclusions and policy proposals are finally put forward to promote the sustainable development of the industry.

A review of marine renewable energy storage

“…This indicates significant room for growth. The United Kingdom, European Commission, United States, and China, among others, have formulated programs for developing marine renewable energies . Besides the enormous energy potential, there are other obvious benefits for exploiting MRE.…”

“…The United Kingdom, European Commission, United States, and China, among others, have formulated programs for developing marine renewable energies. [1][2][3][4] Besides the enormous energy potential, there are other obvious benefits for exploiting MRE. First, because of the geographic position, it is convenient for serving the energy-hungry coastal regions that possess intensive industrial, commercial, and human activities.…”

Energy, exergy, and sensitivity analyses of underwater compressed air energy storage in an island energy system

“…As such, the aforementioned energy cost, energy security, and environmental issues can be alleviated if these MRE are strategically developed and utilized on islands. In recent years, great efforts have been made to develop MRE technologies . Nevertheless, the intermittent nature of most renewable energies pose a challenge, especially in electric‐power systems .…”

“…In recent years, great efforts have been made to develop MRE technologies. [5][6][7] Nevertheless, the intermittent nature of most renewable energies pose a challenge, especially in electric-power systems. 8,9 Other than improving forecasting, control, strategic grid interties, and transmission, energy storage offers another tool to overcome these obstacles and to increase energy system flexibility.…”

On the feasibility of ocean brine pool power stations

“…The oceans represent a vast and largely untapped source of energy in the form of surface waves, thermal, and osmotic power, and today, new approaches for ocean power are investigated in the light of new technological developments . Among new sources for ocean power, which has not yet been considered neither explored so far, is the latent potential hidden within the oceanic brine pools.…”