A Comprehensive Analysis of the Power Demand–Supply Situation, Electricity Usage Patterns, and the Recent Development of Renewable Energy in China

Muhammad Shahid Mastoi, Hafiz Mudassir Munir, Shenxian Zhuang, Mannan Hassan, Muhammad Usman, Ahmad Alahmadi and Basem Alamri
Additional contact information
Muhammad Shahid Mastoi: School of Electrical Engineering, Southwest Jiaotong University, Chengdu 611756, China
Hafiz Mudassir Munir: Department of Electrical Engineering, Sukkur IBA University, Sukkur 65200, Pakistan
Shenxian Zhuang: School of Electrical Engineering, Southwest Jiaotong University, Chengdu 611756, China
Mannan Hassan: School of Electrical Engineering, Southwest Jiaotong University, Chengdu 611756, China
Muhammad Usman: School of Electrical Engineering, Southwest Jiaotong University, Chengdu 611756, China
Ahmad Alahmadi: Department of Electrical Engineering, College of Engineering, Taif University, P.O. Box 11099, Taif 21944, Saudi Arabia
Basem Alamri: Department of Electrical Engineering, College of Engineering, Taif University, P.O. Box 11099, Taif 21944, Saudi Arabia

Sustainability, 2022, vol. 14, issue 6, 1-34

Abstract: Renewable energy is now the world’s most reliable and sustainable solution to environmental pollution, the energy crisis, and social sustainability. In order to regulate renewable energies and ensure the sustainable development of renewable energy in China, a regulatory framework is imperative. Electricity demand and supply forecasting have become one of the most important topics for research on sustainable solutions to energy issues. This article analyzes the Chinese electric power industry structure by looking at historical electricity demand and supply data. This study shows how a divergent set of energy policies can facilitate the application of renewable energy to China’s electric power sector. The analysis shows that in 2020, China’s electricity generation and consumption increased by 0.9 and 1.3 percent annually, respectively, producing capacity of power plants increased by 5.6 GW, coal consumption of power supply decreased by 4.3 g/kWh, power generation projects investment increased by 51.6 billion RMB, power grid projects investment decreased by 1.8 billion RMB, and newly installed generation capacity increased by 769 GW year on year (YOY). During the first three quarters of 2021, the generation, consumption and coal consumption of electricity increased respectively by 10.7 and 12.9%, the generating capacity of power plants increased by 9.4 GW, the average coal consumption of power supply decreased by 0.9 g/kWh, power generation projects investment increased by 1.8 billion RMB, while power grid projects investment decreased by 0.3 billion RMB and new generation capacity added around 20.16 GW compared to the same period last year. Furthermore, domestic power consumption grew by 6.0% and 7%, respectively, in 2020–2021. The paper examines China’s current climate, developments, and renewable energy targets between 2020 and 2021. This research aims to identify the main risks associated with China’s renewable energy development and propose a few policy measures for risk management.

Keywords: China power sector; electricity generation; electricity consumption; electricity demand and supply; renewable energy (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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