Economic Development Potential of Renewable Energy in China
DOI:
https://doi.org/10.54097/2hcc3w76Keywords:
Renewable Energy, Energy Strategy, Economic Geography, Energy Cost, Carbon Emission.Abstract
The economy is growing quickly, and the demand for energy is rising daily. The third energy transformation that human society is undergoing is only possible through fostering the growth of renewable energy sources. When it comes to the study, creation, and utilization of renewable resources, China's socioeconomic and geographic conditions are superior. This study examines the utilization rate and cost of renewable energy over various time periods and breaks down the growth of renewable energy in China into three stages. Finally, the author looks for a path that will best serve China's development and make use of renewable energy sources. Renewable energy will have enormous economic potential in China in the future as science and technology advance.
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