Analysis of the Impact of China’s Energy Consumption Structure on Energy Security

¹ Department of Economics in Xi’an Mingde Institute of Technology, Xi’an, Shaanxi, China
² Department of Economics in Xi’an Mingde Institute of Technology, Xi’an, Shaanxi, China
³ Department of Economics in Xi’an Mingde Institute of Technology, Xi’an, Shaanxi, China

^a 604381626@qq.com
^b nwpulizhao@163.com
^c* zhangb@mdit.edu.cn

Abstract

Energy, as the guarantee of China’s economic development, plays an important role in it. Nowadays, however, oil production almost reaches its upper limit and is going downhill. The yearly rising output of natural gas fails to meet the increasingly huge energy demand. Although coal reserves are large, it still gets into a bottleneck period due to environmental and technological reasons. Therefore, the adjustment and optimization of energy consumption structure is the primary problem for China’s energy security, and it has become, and will still remain as the core of China’s energy strategy in the future. So, it is of great theoretical and practical significance to delve into the inter relationship between energy consumption structure and energy security, and then to optimize energy consumption structure under the new situation.

After an in-depth analysis on how to adjust the energy consumption structure to ensure energy security, the author finds several problems, for instance, an unreasonable energy consumption structure, a serious environmental pollution, a low energy utilization rate, and a recessive role of energy price market. To solve the practical problems, this paper puts forward three measures namely deepening the supply side reform, accelerating the energy technology innovation, and changing the concept in energy use. The improvement in energy consumption structure is not only of general significance to improve the energy security theory, but also of great significance for China to achieve the goal of greenhouse gas emission reduction and ensure energy security.