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Additional resources for China’s Renewable Energy Revolution
Basingstoke: Palgrave Macmillan, 2015. 0009. 0009 Major Trends in China’s Energy Revolution Underpinning China’s impressive growth for the past three and a half decades, and the manufacturing engine that drives this growth, is an energy system that is now larger and more formidable than any yet created on the planet. Because China’s growth in industrial output has been powered by coal, China counts its total energy system in terms of units of coal equivalence (rather than the barrels of oil equivalent that are used to describe Western energy systems).
6 US generation of electric energy, 1980–2014 Source of primary data: US EIA. By contrast, the US generation of electric energy peaked in 2010 at just over 4 trillion kWh – and is not rising further because of energy efficiency improvements. e. accounting for two thirds) – and targeted in official estimates to reduce to below 62 percent by 2020. 7. Note that in capacity terms, it is correct to state that China now has raised its non-thermal capacity to close to one third of its total power system (and its strictly water, wind, solar – as sources of renewable energy [WWS] green capacity to 31 percent), while according to the projections in the Energy 12th FYP issued in 2013, China expected that the WWS would account for 29 percent of the total power generating capacity by 2015.
The industrial dynamics of the overall transition to a clean energy system are driven by concerns to reduce pollution levels and enhance energy security. In China’s energy revolution, the scale of production drives down costs and expands the market, in a process of circular and cumulative causation. China’s distinctive approach lies in its promoting its energy revolution through industrial strategy and five year plans, with well-formulated targets and their shaping of investment strategies. China’s energy revolution not only involves building new renewable industries but also tackling the challenge of reducing energy consumption in key energy-intensive industries.