『Abstract
Despite the fact that China's energy intensity has continuously
decreased during the 1980s and mostly 1990s, the decreasing trend
has reversed since 1998 and the past few years have witnessed
rapid increase in China's energy intensity. We firstly conduct
an index decomposition analysis to identify the key forces behind
the increase. It is found that: (1) the high energy demand in
industrial sectors is mainly attributed to expansion of production
scale, especially in energy-intensive industries; (2) energy saving
mainly comes from efficiency improvement, with energy-intensive
sectors making the largest contribution; and (3) a heavier industrial
structure also contributes to the increase. This study also makes
the first attempt to bridge the quantitative decomposition analysis
with qualitative policy analyses and fill the gap between decomposition
results and policy relevance in previous work. We argue that:
(1) energy efficiency improvement in energy-intensive sectors
is mainly due to the industrial policies that have been implemented
in the past few years; (2) low energy prices have directly contributed
to high industrial energy consumption and industry to the heavy
industrial structure. We provide policy suggestions in the end.
Keywords: China's energy consumption; Industrial policy; Energy
price policy』
1. Introduction
2. Past studies: A literature review
3. Decomposition methods and data
3.1. Methods
3.2. Data
4. Decomposition results and discussions
4.1. Comparison of decomposed effects
4.2. Identification of influential sectors
4.3. Data reliability and biases
5. Analysis of industrial policies
6. Analysis of energy price policies
6.1. Stage I: promoting economic development
6.2. Stage II: increasing energy supply
6.3. Stage III: optimizing resources allocation
6.4. Further discussion
7. Conclusions
Acknowledgements
References