Abstract
PRC is the world’s biggest overall energy consumer. Once a major exporter of both oil and coal, China is increasingly relying on imports to cover its need for natural resources. The enormous appetite for energy has made power outages a regular problem—which could hamper future economic growth. The government, to some effect, has promoted reduction in energy intensity (energy consumed per unit of GDP), but absolute consumption continues to increase.
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Notes
- 1.
International Energy Agency (www.iea.org). Calculated in a metric which represents all forms of energy consumed, including crude oil, nuclear power, coal, natural gas and renewable sources such as hydropower.
Reference
Liu, J., & Goldstein, D. (2013). Understanding China’s renewable energy technology exports. Energy Policy, 52, 417–428.
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Randau, H.R., Medinskaya, O. (2015). Energy: Growth, Supplies, and Dependencies. In: China Business 2.0. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-319-07677-5_12
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DOI: https://doi.org/10.1007/978-3-319-07677-5_12
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