2021
DOI: 10.3389/fenrg.2021.718565
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Influencing Factors of New Energy Development in China: Based on ARDL Cointegration and Granger Causality Analysis

Abstract: The development and competition of the new energy industry will become an important battlefield of a new round of technological and industrial competition. This study use the annual data from 1990 to 2019 to understand the factors affecting the development of new energy development in China by examining the long-run and causal relationship among the proportion of new energy consumption, energy prices, carbon emissions, industrial structure, economic growth, and new energy power generation in a multivariate mod… Show more

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Cited by 5 publications
(4 citation statements)
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“…Others focus on the factors of energy structure transformation, such as consumer preference, energy price, resource endowment, economic growth, energy consumption and carbon emission constraints (Ren et al, 2022a). According to demand theory, energy price and resource endowment have a significant impact on energy consumption demand (Xue et al, 2021;Yang et al, 2021). Then what has to be considered in the process of energy transition is the high cost of new energy popularization (Marques and Fuinhas, 2012), which requires policymakers to keep a balance between the absorbing cost of energy transition and economic growth.…”
Section: Energy Structure Transformationmentioning
confidence: 99%
“…Others focus on the factors of energy structure transformation, such as consumer preference, energy price, resource endowment, economic growth, energy consumption and carbon emission constraints (Ren et al, 2022a). According to demand theory, energy price and resource endowment have a significant impact on energy consumption demand (Xue et al, 2021;Yang et al, 2021). Then what has to be considered in the process of energy transition is the high cost of new energy popularization (Marques and Fuinhas, 2012), which requires policymakers to keep a balance between the absorbing cost of energy transition and economic growth.…”
Section: Energy Structure Transformationmentioning
confidence: 99%
“…Most of China's regional carbon emissions show a significant growth momentum, and provinces such as Shandong, Shanxi and Hebei have a large volume of carbon emissions and a fast-growth trend of carbon emissions [12][13][14][15]. There are obvious regional characteristics that carbon emissions in China are higher in developed eastern provinces than in western provinces and higher in northern industrial provinces than in southern provinces [16][17][18][19]. Previous regional research focused on the more economically developed provinces (regions and cities) such as Beijing, Shanghai and Jiangsu and constructed regional carbon peaking models from factors such as population size, energy structure, investment efficiency and technological innovation [20][21][22][23][24].…”
Section: Literature Reviewmentioning
confidence: 99%
“…Over time pollutants can have substantial impacts on the natural environment and human society if they are not treated in a timely manner. The external environmental cost is used as one of the objective functions in the projection of energy consumption structure under the cost constraint, and its expression is as Equation (19).…”
Section: Objective Function Designmentioning
confidence: 99%
“…Compared with a traditional power system that relies entirely on the grid for power supply, the system containing renewable energy is more economical [1]. By increasing the installation capacity for renewable energy and improving the conversion efficiency of power generation, the rapid development of renewable energy can be achieved [2]. In recent years, with the rapid development of renewable energy power, its power generation efficiency is also gradually improving [3].…”
Section: Introductionmentioning
confidence: 99%