Energy Industry In China Research Articles

Coupling and coordinated development of green finance and renewable energy industry in China: Spatiotemporal differentiation and driving factors

The coordinated development of green finance (GF) and the renewable energy industry (REI) is crucial for accelerating energy transition and mitigating climate change. However, the existing literature has overlooked the bidirectional relationship between GF and REI. Using provincial data from 2007 to 2019, this study investigates the coupling coordination degree of GF and REI (GRCC) and its spatiotemporal distribution characteristics and driving factors. The findings indicate that both GF and REI experienced stable growth during the study period, but REI lagged behind GF, and their spatial distribution displayed asymmetrical characteristics. Although GRCC exhibited a stable growth trend and slight coordination at both national and regional levels, it displayed large interprovincial differences and spatial agglomeration characteristics. Notably, high GRCC values were primarily concentrated in a few provinces in southwest and south-central regions, spreading to the east. Furthermore, financial development, renewable energy endowment, economy scale, technological innovation, environmental regulation, and fiscal expenditure were identified as the main drivers of GRCC. This study provides a Chinese case study for global energy transition and introduces new ideas for synergy between REI and GF policies.

New Energy Demonstration City Policy and Green Innovation of New Energy Enterprises——A Quasi-Natural Experiment Based on Green Patent Applications of Listed Companies in China

The innovation and development of the new energy industry is crucial to guaranteeing China's energy security, promoting high-quality economic development and alleviating the global climate crisis. New Energy Demonstration City Policy (NEDC) is one of the important policies to promote the development of the new energy industry in China. Academic research on their green innovation effect on new energy enterprises and the explanation of their influence mechanism still needs to be deepened. This paper utilizes panel data from listed companies in China spanning from 2011 to 2019 and employs the triple difference method to empirically investigate the impact of NEDC on the green innovation of new energy enterprises. Findings of the study are as follows: (1) The implementation of NEDC significantly promotes green innovation among new energy enterprises, a conclusion that holds true under a series of robustness tests; (2) Further analysis suggests that, from the perspective of patent heterogeneity, the "incremental" manifestation of this policy effect is more pronounced; (3) From the perspective of ownership heterogeneity, distinct from state-owned enterprises, the promotion of green innovation among private new energy enterprises is notably significant under the policy; (4) Mechanism analysis reveals that NEDC can alter the ways in which new energy enterprises acquire and utilize funds, thereby increasing R&D investment and facilitating green innovation. The research conclusions of this paper bear certain policy implications, providing theoretical foundations and empirical references for government departments to optimize and promote NEDC.

A perspective to ammonia-hydrogen energy industry in China

A perspective to ammonia-hydrogen energy industry in China

Trajectory Of Development in China's New Energy Vehicle Industry Through Data Analysis and Expectation

Amidst a global shift towards sustainable transportation, this study conducts an in-depth analysis of data about China's new energy vehicle (NEV) sector from 2013 to 2022. This research primarily evaluates the standards and key factors influencing the NEV industry's evolution. Spearman correlation and decision tree models indicate that the average price of new energy vehicles and the government subsidies for them have the most significant impact on the development of the new energy industry in China. Expanding on these insights, a robust LASSO linear regression model was developed to further explore these dynamics. Additionally, an ARIMA time series model was employed, leveraging historical data to forecast the factors likely to influence the NEV industry in the coming decade. Integrating these forecasts into the initial evaluation model, the study anticipates a positive growth trajectory for China's NEV development, especially between 2023 and 2025. This research not only sheds light on the current state of the NEV industry in China but also provides valuable predictions for its future direction, contributing to the broader understanding of sustainable vehicle evolution in the global context.

Analysis of the Development of Ocean Energy Industry in China

The global ocean energy resource is abundant. The ocean energy is a kind of emerging renewable energy. Climate change is the focus for international society. For the independence and the safety of energy, many countries take renewable energy into consideration. The emerging ocean energy industry is an important choice for marine economy recovery. The ocean energy resource is rich in China. Fostering ocean energy industry in China is very important for implementation of Carbon Peak and Carbon Neutral strategy, diversifying the energy structure and developing marine economy. In the critical period of ocean energy industrialization in China, it’s necessary to summarize the status of ocean energy technology and industry and to analyze the developing trend and application scenarios.

The Influence of New Energy Industry Agglomeration on Regional Green Innovation Performance—Evidence from China

The advance of the new energy industry and the promotion of green innovation are both important ways to solve environmental pollution and achieve economic green transformation, and there may be a non-negligible intrinsic connection between the two. Utilizing panel data covering the period from 2011 to 2021, encompassing 30 provinces and cities in China, this study measures agglomeration levels of the new energy sector and green innovation performance in each region. Via the application of the fixed-effect model and spatial Durbin model, this study empirically examines the impact mechanism of green innovation performance resulting from the agglomeration of the new energy industry. This investigation discloses that there is regional heterogeneity in China’s new energy industry agglomeration level, with the highest level observed in the western region. The distribution of green innovation performance forms an “East–Middle–West” ladder pattern, with both the central and western regions falling below the national average. Agglomeration of the new energy sector exerts a non-linear, “U-shaped” influence on green innovation performance, demonstrating conspicuous regional heterogeneity; opening up positively moderates the “positive U-shaped” correlation between new energy agglomeration and green innovation performance. A clear spatial spillover effect characterizes the agglomeration of the new energy industry, demonstrating a non-linear “inverted U-shaped” influence on the green innovation performance of surrounding regions. This paper aims to offer policy insights into the establishment of developmental layouts for the new energy industry in China while simultaneously providing practical references for enhancing regional green innovation performance.

Evaluation and prediction on resource misallocation of energy industry in China

Evaluation and prediction on resource misallocation of energy industry in China

Development and Prospects of China's Renewable Energy Export Trade under the Belt and Road Policy

Under the trend of economic globalization, the cost of renewable energy development has been decreasing globally, and renewable energy development has become the focus. But since 2018 the trade war between China and the United States has been escalating, and China's renewable energy development has been hindered by the United States because China's core technology is still not fully mastered. How to deal with related issues is crucial for China's development. The article uses literature analysis to analyze the impact of the US-China trade war and China's own overcapacity problem on China's renewable energy development, and to provide countermeasures to address the corresponding problems. This paper argues that the sustainable development of China's renewable energy industry faces three basic problems, which are restricted by the trade barriers of the US-China trade war, the lack of some core technologies, and the potential overcapacity problem in the future. In order to achieve sustainable development of renewable energy in China, it is suggested seizing the opportunity of the Belt and Road policy development with energy cooperation as the key area of development. By analyzing the various factors affecting the development of China's renewable energy industry, and by giving suggestions and countermeasures, this paper hopes to give a comprehensive understanding of the development history and prospects of the renewable energy industry in China and provide reliable suggestions for the development of related industries in China.

An analysis on the relationship between ESG information disclosure and enterprise value: A case of listed companies in the energy industry in China

An analysis on the relationship between ESG information disclosure and enterprise value: A case of listed companies in the energy industry in China

The Influence of COVID-19 Epidemic on the Financial Market of China Energy Industry

Aim to reveal the changes in the financial market of the energy industry in China under the influence of the COVID-19 epidemic by use the fluctuation of the stock price of the energy industry. In this paper, ARIMA, a time series autoregressive moving average model, is used to model the fluctuation of stock prices in the energy industry, it shows the impacst on the financial market of energy industry before and after the outbreak of epidemic, in order to understand the energy crisis under the COVID-19 epidemic more clearly through this study. This research found that based on the COVID-19 pandemic, the stock price of the energy industry fluctuated. The epidemic caused investors' lack of confidence in the market, which caused the stock price to fall. Later, due to the government's policy to save the market, the stock price rebounded. Different from other research based on global nature, this paper focuses on energy enterprises in China. This study is meaningful. For investors, by understanding the changes in the financial market, they can regain confidence in the market. For leaders, this study can let them know the serious impact of epidemic on the market, respond to the rescue more quickly, and introduce the rescue policy.

Analysis for the Development of Marine Renewable Energy Industry in China

Marine renewable energy is a new type of energy that is inexhaustible, clean, low-carbon and renewable. China is rich in marine renewable energy. It is of great significance to promote the development of marine renewable energy industry since it can strengthen the construction of ecological civilization, facilitate the implementation of the “Carbon Peaking and Carbon Neutrality” strategy, ensure energy security, and drive the development of the marine economy. Europe, the United States and other countries attach great importance to the development of the marine renewable energy industry. In recent years, they have constantly increased financial investment and policy support for this industry, and boosted its integrated development together with the blue economy including offshore wind power and marine aquaculture, which served as an important reference for China to develop the marine renewable energy industry. China’s marine renewable energy industry is at the critical stage of industrialization, and it is necessary to accelerate related work such as policy support, technology R&D, and scale application, so as to lay the foundation for driving our marine renewable energy industry to the growth stage.

Opportunities, Challenges and Strategies for Developing Electric Vehicle Energy Storage Systems under the Carbon Neutrality Goal

Developing electric vehicle (EV) energy storage technology is a strategic position from which the automotive industry can achieve low-carbon growth, thereby promoting the green transformation of the energy industry in China. This paper will reveal the opportunities, challenges, and strategies in relation to developing EV energy storage. First, this paper clarifies the strategic value and potential of developing EV energy storage under the carbon neutrality goal. Second, this paper demonstrates strategic opportunities and challenges during the development. Third, this paper proposes methods for creating a good market environment and business models. Finally, this paper suggests that relevant policies and regulations should be formulated and charts the course of technology development. The results show that EV energy storage technology has potential in terms of technology, the scale of development, and the user economy. The proposal of the carbon neutrality goal, the increasing market share of EVs, lower-cost and higher-efficiency batteries, etc., have all further accelerated the development of EV energy storage. The EV energy storage field should focus on developing battery technology, make advancements toward delivering longer cycle lives and improving the safety and availability of battery materials, and ramp up the R&D efforts with respect to developing vehicle-to-grid (V2G) management technologies. Simultaneously, it is necessary to create a business ecosystem centered on V2G operating platforms, constituting a process to which various players can contribute and achieve mutually beneficial results. It is also essential to formulate top-level strategic plans across industries and organizations, develop an electricity-trading mechanism as soon as possible, and promote the implementation of technical standards related to EV energy storage.

Sustainable Development of Lithium-Based New Energy in China from an Industry Chain Perspective: Risk Analysis and Policy Implications

Lithium-based new energy is identified as a strategic emerging industry in many countries like China. The development of lithium-based new energy industries will play a crucial role in global clean energy transitions towards carbon neutrality. This paper establishes a multi-dimensional, multi-perspective, and achievable analysis framework to conduct a system analysis for determining the potential risks involved in the sustainable development of lithium-based new energy industries in China and other countries towards a carbon-neutral future. The results show that critical risk points including resource supply risks, overcapacity risks, environmental impact risks, and regulation absence risks have emerged with the large-scale development of the lithium-based new energy industry in China. These will not be helpful for the sustainable development of the lithium-based new energy industry, which will play a vital role in attaining the goal of carbon neutrality. Based on our risk identification, a policy implication analysis was performed to investigate potential policy countermeasures including promoting the exploration and development of domestic lithium resources, improving the coordination degree of the lithium-based new energy industry, adopting green and low-carbon development paths, and improving the quality of industry regulation. Based on our findings, recommendations are proposed to optimize policy formulation and implementation for stimulating the sustainable development of the lithium-based new energy industry towards a carbon-neutral future.

The current state on China’s marine energy industry policy

At present, China’s marine energy industry is still in its infancy, but there is no doubt that the development of this industry will help China to achieve sustainable development. Therefore, effective policies are needed to promote the industrialization of the industry as soon as possible. This paper systematically consulted the relevant information on the research and development of marine renewable energy, focusing on China’s marine energy industry policy, including the national energy strategy, the progress of China’s marine energy policy, technology policy, market policy and other related content, emphasizing the importance of marine energy policy in promoting the development of marine energy industry. Finally, in view of the deficiencies in the development of marine energy industry in China, the corresponding improvement strategies are put forward.

Investigating the Determinants of the Growth of the New Energy Industry: Using Quantile Regression Approach

ABSTRACT Expanding the supplies of new energy can not only reduce CO2 emissions, but also alleviate energy shortage. This paper applies the quantile regression to investigate the new energy industry in China. The results show that economic growth exerts the greatest effect on the new energy industry in the lower 10th quantile province. This is because these provinces have the developed economies, demand for a higher ecological environment and new energy resources. Foreign energy dependence has a minimal impact on the new energy industry in the 25th–50th quantile province, due to their minimal oil importation. The contribution of technological progress to the upper 90th quantile province is the lowest, because their R&D capabilities are the weakest. The impact of energy consumption structure decreases in steps from the lower 10th quantile provinces to the upper 90th quantile provinces. The agricultural sector promotes the new energy industry in most provinces.

Relaxation of Short-Selling Constraints and Innovation Investments of Energy Industry in China

The purpose of this research is to determine the effect of short-selling restrictions on the corporate innovation investments of China's publicly traded energy businesses. According to external governance theory, it is predicted that the deregulation of short selling serves as a monitoring role for energy businesses' innovation investments, which are particularly vulnerable to energy efficiency issues. Between 2010 and 2018, a multiple linear regression is undertaken on a panel data set of Chinese 64-listed energy companies. According to descriptive data, the average innovation investment of Chinese energy businesses is 2.24%, indicating a low level of innovation in the energy sector. The regression findings demonstrate that easing short-selling limitations may benefit energy businesses' innovative activity. The outcomes of this study indicate that financial officials should explore further loosening short-selling restrictions, which might benefit sectors of the energy business that are highly dependent on technological innovation practices and performance.

Dissolution Behavior and Kinetics of the Phosphorus–Potassium Associated Ore during Phosphoric Acid Leaching

The comprehensive utilization of the phosphorus–potassium associated ore has become significant to the new energy industry in China. This study proposes a new method for utilization of the phosphorus–potassium associated ore by phosphoric acid leaching. The mineral phase of the phosphorus–potassium associated ore was analyzed by X-ray diffraction and mineral liberation analysis. The leaching characteristics, mechanism, and kinetics of phosphorus, potassium, aluminum, magnesium, and iron were systematically investigated. Phosphorus and potassium leaching processes were controlled by the internal diffusion of the shrinking core model with apparent activation energies of 30.43 and 23.81 kJ/mol. The optimized leaching process conditions were as follows: stirring speed of 400 rpm, particle size of 150–300 μm, phosphorus concentration (P2O5) of 14%, phosphorus-to-calcium ratio of 9.65, reaction temperature of 40 °C, and reaction time of 60 min. The phosphorus leaching rate was 96.18 ± 0.92%, and the potassium leaching rate was 2.60 ± 0.08%. The acid-insoluble residue was mainly composed of potassium feldspar, indicating that effective separation of phosphorus and potassium was achieved through phosphoric acid leaching.

Improve employee-organization relationships and workplace performance through CSR: Evidence from China

Although CSR research in China has received increasing scholarly attention, employee-centered CSR is still an understudied topic. To fill the void, the purpose of this study is to demonstrate the effects of employees' CSR perceptions on the quality of employee-organization relationships and workplace performance, as well as the underlying mechanisms explaining such effects, in the Chinese context. Guided by both managerial and relational approaches of corporate social responsibility (CSR) research, we conducted a survey (N = 248) with employees from a large private company in the electric and energy industry in China. Data were analyzed via path analysis using R packages (e.g., lavaan) and results revealed that CSR perceptions can lead to positive employee-organization relationship quality and increase employees' extra-role performance. We also found that these effects can be further explained by increased employee-organization identification or perceived corporate ability. In addition, a qualitative analysis of employees' responses showed that the influence of government and Confucianism was reflected in employees' expectations for their employer's CSR initiatives. This study contributes to the scant research on employee outcomes and the underlying mechanisms of employee-centered CSR in China. Practically, we add empirical evidence addressing the value of internal CSR for professionals and educators.

Liquid Hydrogen Production, Transportation and Economic Analysis

With rapid development of hydrogen energy industry in China, liquid hydrogen transportation mode with high energy storage density has great advantages over the current high-pressure gaseous transportation mode, and will become an important and efficient carrier to realize the large-scale development of hydrogen energy. The high economic efficiency of liquid hydrogen can be better applied to civil market with cost sensitivity. This paper describes the current global liquid hydrogen production capacity and distribution, summarizes the liquefaction methods and transportation technical characteristics of liquid mode, and analyzes the economic cost composition of the liquid hydrogen technology route. It is concluded that liquid mode as hydrogen carrier of large-scale development of hydrogen energy will be suitable for the development route of civil hydrogen energy in China. Suggestions are also put forward for the future development of hydrogen energy in China.

Policy optimization of hydrogen energy industry considering government policy preference in China

The hydrogen energy industry in China is in the policy-oriented stage; the market expectation generated by government policy guidance has promoted the development of the industry, and encouraged provincial governments to speed up the setting of various hydrogen-energy-related policies and regulations. In this study, we performed a text-mining and content analysis of 153 hydrogen energy industry policies published by the province government office between 2015 and 2021 with NVivo12 Plus, and compared 2015–2020 and 2021 policy content. The analysis findings showed: 1. The safety supervision and publicity of the hydrogen energy industry are not strong enough; 2. Policies related to hydrogen energy production are incomplete. 3. China's hydrogen energy industry policy focuses more on the application of hydrogen fuel cells (HFCs) and vehicles (HFCVs), but the policies for hydrogen storage and transportation are insufficient. 4. The government attaches importance to the layout of infrastructure construction, especially hydrogen refueling stations (HRSs), but the policies for the expansion of other hydrogen energy applications are simple; 5. Policy subsidy methods are diversified but application-related subsidies are relatively weak. Therefore, we recommend the following policy optimizations: 1. Strengthen the complementarity of hydrogen energy industrial clusters, and improve product quality and popularity; 2. Increase the proportion of hydrogen-production policies, and break through the bottleneck of on-site hydrogen production policies in due course; 3. Optimize the combined selection of storage and transportation methods, and promote the construction of hydrogen refueling combined stations; 4. Promote diversified hydrogen energy application scenarios, and achieve efficient hydrogen energy consumption; 5. Strengthen auxiliary policies for the hydrogen energy industry chain, and reduce the dependence of the hydrogen energy industry on financial subsidies.