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Energy Prospects and Policies in the PRC

Abstract:
Commercial energy consumption (excluding rural areas) in the People's Republic of China (PRC) in 1983 amounted to some 656 million tons coal equivalent (tce), third largest in the world. In contrast to most developed and developing countries (except the USSR and the OPEC nations), the PRC is able to meet all its commercial energy needs from a variety of domestic sources. Starting from the very low level of 1949 (when the present regime came to power), total energy production increased by 27.65 times, more rapidly than the gross national product (19.9 times). Energy consumption per capita also has increased substantially-13.6 times during the period. However, it is still relatively low-640 kgce in 1980 as against the world average of about 2200 kgce. Further sizable demand increases are bound to occur as the PRC's development proceeds.

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Energy Specializations: Petroleum – Policy and Regulation; Energy Access – Energy Poverty and Equity

JEL Codes: Q42: Alternative Energy Sources, Q41: Energy: Demand and Supply; Prices, Q35: Hydrocarbon Resources

Keywords: China, coal, developing countries, Commercial energy use

DOI: 10.5547/ISSN0195-6574-EJ-Vol7-No3-7

Published in Volume 7, Number 3 of the bi-monthly journal of the IAEE's Energy Economics Education Foundation.

 

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