Abstract
In order to actively respond to the climate change, China announced that it aims to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060. The energy industry is a key area in tackling the climate change and the energy transition is essential. Based on the SWOT analysis method, the paper analyses the internal and external factors of China's energy development, studies the strengths and weaknesses of the energy transition itself, and the external opportunities and threats it faces, and accordingly proposes several recommendations for China's energy transition strategy.
Highlights
1 Introduction In September 2020, Chinese President Xi Jinping solemnly promised at the General Debate of the 75th United Nations General Assembly that China will scale up its Intended Nationally Determined Contributions by adopting more vigorous policies and measures, and aim to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060 [1]
The energy industry is an important area to achieve carbon emissions peak and carbon neutral [2] and the energy transition is directly related to the success or failure of the response to the climate change
Literature [5] thought that to achieve the strategic goals of efficient, safe, clean, and low-carbon energy development, it is necessary to accelerate the reform of the energy system and market mechanism, change the development concept, conform to the trend of world energy reform, and enhance the competitiveness of low-carbon development
Summary
In September 2020, Chinese President Xi Jinping solemnly promised at the General Debate of the 75th United Nations General Assembly that China will scale up its Intended Nationally Determined Contributions by adopting more vigorous policies and measures, and aim to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060 [1]. Literature [3] researched and put forward the decision-making ideas for China's high proportion of renewable energy development goals, and considered that high proportion of electrification and high proportion of non-fossil energy power generation are two major characteristics of the future energy system. In the face of increasingly severe climate and environmental issues, as well as increasingly complex international and domestic situations, how China formulates its energy transition path and reflects the role and leadership of major powers in the global energy governance system is still a long-term open research topic. Considering comprehensively the external development environment, energy policies, resource conditions, ecological constraints, technological constraints, energy security and other factors, this paper uses SWOT analysis method [7] to study China's energy transition strategy in the context of carbon neutrality
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