Ocean Energy Development under the Background of Carbon Emissions Peak and Carbon Neutrality in China

Abstract

The ocean energy resources are abundant in China. The technical potential in Chinese coastal area is more than 70 GW. Thus, the utilization of ocean energy resources is very important for the energy saving and the mitigation of climate change. The Renewable Energy Law implemented since 2010 and the special fund program for ocean energy established in 2011 has advanced great progress of ocean energy technology research, development and demonstration in recent years in China. The ocean energy technologies in China have achieved rapid development under the support of the Ministry of Finance, the Ministry of Natural Resources, the Ministry of Science and Technology and so on. The accumulated capacity of ocean energy is in the international advanced level, but the ocean energy industry is still in early stage. The carbon emissions peak and carbon neutrality strategy put forward in China requires the transition to green energy and electricity, which also provides crucial opportunity for the development of the utilization of ocean energy resources in China. The paper introduces the status of ocean energy technology and industry in China firstly. Then the problems in the development of ocean energy are analysed. The potential of utilization of ocean energy is estimated to support the carbon emission reduction. Finally, the vision and main tasks are given.