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The energy rattrap and transition of China
Shi Yuanchun
Strategic Study of CAE 2009, Volume 11, Issue 11, Pages 4-12
China is endowed with inadequate resources of oil and natural gas, and depends its 50 % of energy demand upon import. Also the quantitative ratio of reservation vs. production has already declined below 50. Among the total energy consumption, coal accounts 70 % in China, and the amount of CO2 emission has been more than the US. Nowadays, energy transition is a worldwide trend, including China. Its major direction is developing clean energy, and taking renewable energy as a focus point. China has a potential of substituting 70 % of present energy consumption, including small hydropower, wind energy and biomass energy. These resources that are economically available are 63 million tce, 123 million tce and 1.047 billion tce separately. Biomass resource is the richest in China, and it can be served to increase farmers' income immediately, promote rural economy, thus it should be regarded as the foremost area of tapping renewable energy and energy transition.
Keywords： China energy rattrap transition
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