Published October 2012 | Version v1
Journal article

China's energy demand and its characteristics in the industrialization and urbanization process

  • 1. Key Laboratory of Mathematical Economics, Shanghai University of Finance and Economics, Ministry of Education, Shanghai 200433 (China)
  • 2. Institute for Advanced Research, Shanghai University of Finance and Economics, Shanghai 200433 (China)
  • 3. China Center for Energy Economics Research, College of Economics, Xiamen University, Xiamen 361005 (China)
  • 4. New Huadu Business School, Minjiang University, Fuzhou 350108 (China)

Description

China is currently in the process of industrialization and urbanization, which is the key stage of transition from a low-income country to a middle-income country and requires large amount of energy. The process will not end until 2020, so China's primary energy demand will keep high growth in the mid-term. Although each country is unique considering its particular history and background, all countries are sharing some common rules in energy demand for economic development. Based on the comparison with developed countries, here, we report some rules in the process of industrialization and urbanization as follows: (1) urbanization always goes along with industrialization; (2) the higher economic growth is, the higher energy demand is; (3) economic globalization makes it possible to shorten the time of industrialization, but the shorter the transition phase is, the faster energy demand grows; (4) the change of energy intensity presents as an "inverted U" curve, but whose shape can be changed for different energy policy. The above rules are very important for the Chinese government in framing its energy policy. - Highlights: ► China's energy demand will maintain high growth in mid-term. ► Urbanization always goes along with industrialization. ► Higher economic growth needs more energy. ► The energy intensity presents as an "inverted U" curve.

Availability note (English)

Available from http://dx.doi.org/10.1016/j.enpol.2012.07.002

Additional details

Identifiers

DOI
10.1016/j.enpol.2012.07.002;
PII
S0301-4215(12)00577-0;

Publishing Information

Journal Title
Energy Policy
Journal Volume
49
Journal Page Range
p. 608-615
ISSN
0301-4215
CODEN
ENPYAC

INIS

Country of Publication
United Kingdom
Country of Input or Organization
International Atomic Energy Agency (IAEA)
INIS RN
44043593
Subject category
S29: ENERGY PLANNING, POLICY AND ECONOMY;
Descriptors DEI
CHINA; ECONOMIC DEVELOPMENT; ENERGY DEMAND
Descriptors DEC
ASIA; DEMAND

Optional Information

Copyright
Copyright (c) 2012 Elsevier Science B.V., Amsterdam, The Netherlands, All rights reserved.