Energy Reports (Oct 2022)
Analysis of the impact of China’s energy industry on social development from the perspective of low-carbon policy
Abstract
The energy industry is one of the industries with high energy consumption, high pollution and high emissions in China. Low-carbon policies in the energy sector have a vital impact on China’s carbon reduction, climate change response and social development. In 2021, China’s energy status is mainly coal, accounting for about 56% of the total energy consumption. After 20 years of rapid development of clean energy in China since the 21st century, China’s wind power generation currently ranks first in the world, and the installed capacity of newly added wind power generation equipment is the largest. In terms of solar energy, China has more than 400 photovoltaic (PV) companies, and China-made solar PV panels have accounted for more than 70% of the global market share, with its own total installed capacity reaching 253.3GW. A total of 52 nuclear power units have been put into commercial operation in Mainland China, with an installed capacity of 53,485.95MWE. In terms of nuclear energy, the accumulative power generation of commercial nuclear power units accounts for about 4.99% of China’s accumulative power generation.11 On October 29, 2021, China Nuclear Energy Industry Association released the operation of nuclear power in China from January to September. In addition, this paper takes the power industry as an example to study the low-carbon policy of China’s energy industry. By using the policy text mining method to analyze the original text types, high-frequency words and implementation effects of 96 selected policies, the social impact of low-carbon policy on carbon reduction effect, green finance development, residents’ health, job creation and some energy-consuming enterprises is obtained. This paper puts forward targeted suggestions to provide effective reference for China’s relevant policy making.
