The transition energies, wavelengths and dipole oscillator strengths of 1s^22p-1s^2nd （3 ≤ n ≤ 9） for Cr^21＋ ion are calculated. The fine structure splittings of 1s^2nd （n ≤ 9） states for this ion are also cal...The transition energies, wavelengths and dipole oscillator strengths of 1s^22p-1s^2nd （3 ≤ n ≤ 9） for Cr^21＋ ion are calculated. The fine structure splittings of 1s^2nd （n ≤ 9） states for this ion are also calculated. In calculating energy, we have estimated the higher-order relativistic contribution under a hydrogenic approximation. The quantum defect of Rydberg series 1s^2nd is determined according to the quantum defect theory. The results obtained in this paper excellently agree with the experimental data available in the literature. Combining the quantum defect theory with the discrete oscillator strengths, the discrete oscillator strengths for the transitions from initial state 1s^22p to highly excited 1s^2nd states （n ≥ 10） and the oscillator strength density corresponding to the bound-free transitions are obtained.展开更多
The properties of absorption spectra are presented and the linear correlations of Hammett constants with the 0-0 transition energy(E_(o,o))of S_←S_o, and the ratios of oscillator strength(f/f)are used to probe the in...The properties of absorption spectra are presented and the linear correlations of Hammett constants with the 0-0 transition energy(E_(o,o))of S_←S_o, and the ratios of oscillator strength(f/f)are used to probe the interactions betwee π-electron of aromatic maerocycles or metal ion of complexes with the sub- stituents on β-position of benzene ring for porphyrin-like maerocyclic compounds.展开更多
Discussions about the future of energy sources and environmental sustainability are becoming critical on a global scale.The energy sector plays a central role in the economy,as the availability and cost of energy infl...Discussions about the future of energy sources and environmental sustainability are becoming critical on a global scale.The energy sector plays a central role in the economy,as the availability and cost of energy influence the competitiveness of economies,while the level of energy consumption impacts the standard of living for individuals.This paper aims to examine environmental challenges and steps for a sustainable transition towards a hydrogen economy,focusing on its potential as an alternative to fossil fuels and the importance of developing the hydrogen paradigm.The research methodology is based on a combination of qualitative and quantitative methods,including an analysis of global and regional trends in the energy transition,the impact of various forms of hydrogen production(green,blue,gray hydrogen)on greenhouse gas emissions,and a comparison of existing policies and strategies in different countries transitioning to a sustainable hydrogen economy.Research results show that green hydrogen,produced via electrolysis using renewable energy sources,holds the greatest potential for reducing greenhouse gas emissions,while gray and blue hydrogen can serve as transitional options.The development of the hydrogen paradigm,rooted in innovative technologies,renewable energy sources,and international cooperation,is crucial for decarbonization and the creation of a sustainable global economy,despite challenges such as high costs and the need for global coordination.The hydrogen paradigm is becoming a cornerstone of these efforts,laying the foundation for a long-term,sustainable global economy.Currently,over 180 hydrogen transport projects,60 distribution projects,80 storage projects,30 terminal and port projects,and more than 220 hydrogen production projects are under development worldwide.The global momentum of the hydrogen transition helps mitigate climate change and build a sustainable future.展开更多
0 INTRODUCTION Throughout human history,three major energy transitions have occurred:from burning wood in primitive times to using coal in 18th Century,then to oil and gas in 20th Century,and to the renewable energy r...0 INTRODUCTION Throughout human history,three major energy transitions have occurred:from burning wood in primitive times to using coal in 18th Century,then to oil and gas in 20th Century,and to the renewable energy revolution in the 21st Century(Zou et al.,2023).The three transitions have three characteristics in common:shifted from nonrenewable to renewable energy,from“resource-centric”to a“technology-centric”,and from“high-carbon fossil”to“net-zero”.展开更多
China's pursuit of its dual carbon goal has turned the country's energy transition and the role of natural gas into key concerns for policymakers and researchers.This study adopts a macro-level analytical appr...China's pursuit of its dual carbon goal has turned the country's energy transition and the role of natural gas into key concerns for policymakers and researchers.This study adopts a macro-level analytical approach when reviewing national energy and climate policies together with recent data to assess energy-transition progress and the role of gas in this transition.The study's main findings are as follows:(1)China's energy transition has made clear progress in terms of targets,institutions,and the energy mix;however,it continues to face major problems,such as coal dependence,a rigid industrial structure,and weak incentives for low-carbon energy.In addition,a basic transition pathway is taking shape marked by five main trends:advancing the dual-carbon goals,building a new energy system,developing a new power system,implementing carbon-emission dual control,and improving the national carbon market;(2)The historical evolution of Chinese natural gas industry shows that gas is now mainly positioned as a clean fuel whose core function is to replace coal and improve environmental quality;(3)In the future energy transition,the role of natural gas can be defined:a buffer for energy security,a flexible resource for balancing the power system,and an important source of low-carbon hydrogen and chemical feedstocks.Overall,the study concludes that policy efforts should focus on strengthening the multiple functions of natural gas under tight carbon emission constraints to better support China's long-term low-carbon development.展开更多
Green investments(GIs)in the energy industry are crucial for driving a clean energy transition and fostering environmental sustainability.In the digital economy era,insufficient attention has been paid to digital fina...Green investments(GIs)in the energy industry are crucial for driving a clean energy transition and fostering environmental sustainability.In the digital economy era,insufficient attention has been paid to digital finance’s(DF’s)influence on GIs in energy enterprises,potentially underestimating its impact.Our study utilized a two-way fixedeffects model,analyzing data from 108 listed energy firms from 2011 to 2020,to empirically investigate the influence of DF on GIs in China’s energy industry.The research findings are as follows:(1)An increase of one unit in DF can improve the intensity of GIs in the energy industry by 0.03%by alleviating financing constraints,increasing cash flow,and correcting financial mismatches.(2)DF has a significant threshold effect on GIs,with market incentive-and command-and-control-based environmental regulations having thresholds of 16.98 and 0.98,respectively.(3)The GI performance of large state-owned energy enterprises in regions with a higher marketization benefits more from DF.We suggested tailored policy suggestions according to these findings.展开更多
Reducing global carbon dioxide(CO_(2))emissions is essential for meeting climate change mitigation goals,especially in urban areas.In this regard,this study used CO_(2)emissions and energy transition data from 296 Chi...Reducing global carbon dioxide(CO_(2))emissions is essential for meeting climate change mitigation goals,especially in urban areas.In this regard,this study used CO_(2)emissions and energy transition data from 296 China's cities in 2020 and the extended Stochastic Impacts by Regression on Population,Affluence,and Technology(STIRPAT)model to explore the relationship between energy transition and CO_(2)emissions at the city-scale.The findings indicate a spatial distribution of energy transition magnitude that is high in the west and low in the east,which does not align with economic status and total CO_(2)emissions,posing significant challenges for China's energy transition and urban CO_(2)reduction.The STIRPAT model reveals that urban CO_(2)emissions are significantly driven by increases in population size,levels of economic development,and the expansion of transportation infrastructure.Conversely,investments in science and education,the expansion of the tertiary sector,and the disruptive effects of the COVID-19(Coronavirus Disease 2019)pandemic are associated with notable reductions in CO_(2)emissions.Specifically,the analysis estimates that a 1.00%increase in the energy transition degree is associated witha 0.90%decrease in urban CO_(2)emissions.However,regional assessments underscore considerable spatial heterogeneity in the energy transition effect,with CO_(2)reduction benefits being less pronounced in central and western cities.These findings suggest that future clean energy initiatives should be strategically concentrated in eastern China,where the demand and potential for CO_(2)mitigation are greater.This study deepens the understanding of the complex relationship between energy transition and urban CO_(2)emissions,offering valuable insights to inform targeted policy interventions for carbon reduction at the city level.展开更多
The 52nd issue of Financial Innovation(FIN),Volume 11,No.4(2025),features 19 papers that can be classified into two main themes:the Special Issue on Green Digital Finance and Energy Transition,and FinTech and Market A...The 52nd issue of Financial Innovation(FIN),Volume 11,No.4(2025),features 19 papers that can be classified into two main themes:the Special Issue on Green Digital Finance and Energy Transition,and FinTech and Market Analysis.展开更多
ASEAN and China have built the most successful and dynamic model of regional cooperation in the Asia-Pacific region or even the whole world.Both are each other’s largest trading partners.China has maintained as ASEAN...ASEAN and China have built the most successful and dynamic model of regional cooperation in the Asia-Pacific region or even the whole world.Both are each other’s largest trading partners.China has maintained as ASEAN’s top trading partner for 16 consecutive years,and ASEAN has been China’s largest trading partner for five consecutive years.In 2024,the total bilateral trade volume approached 1 trillion US dollars,with a year-on-year increase of 7.8%.China is ASEAN’s second-largest source of foreign investment,and ASEAN is also an important source of foreign investment for China.Pragmatic cooperation between the two sides in various fields has been deepening continuously.展开更多
This study aims to evaluate the relative importance of the pillars and indicators within th e Energy Transition Index(ETI) and their influence on overall ETI performance.Using a dataset from the World Economic Forum&#...This study aims to evaluate the relative importance of the pillars and indicators within th e Energy Transition Index(ETI) and their influence on overall ETI performance.Using a dataset from the World Economic Forum's 2024 ETI report,which covers 120 countries,this research applies Bayesian Belief Networks(BBNs),a probabilistic graphical modeling technique suited for analyzing complex interdependencies among variables.Two models are developed:one connecting the ETI to its eight pillars,and another linking it to 22 selected indicators.Findings reveal that the finance and investment pillar has the strongest positive association with ETI scores,whereas innovation is the area with the highest concentration of low-performing countries.Additionally,strong synergies are observed across digital infrastructure readiness and education quality,highlighting opportunities for multi-dimensional policy interventions.The study provides actionable insights for policymakers,such as prioritizing financial instruments,strengthening regulatory frameworks,and enhancing educational and digital infrastructure to accelerate progress in energy transitions.展开更多
The 2025 National Energy Conference(hereinafter referred to as“the conference”)was held in Beijing on December 15,2024.The conference highlighted that“next year and the‘15th Five-Year Plan’period will be crucial ...The 2025 National Energy Conference(hereinafter referred to as“the conference”)was held in Beijing on December 15,2024.The conference highlighted that“next year and the‘15th Five-Year Plan’period will be crucial for accelerating the construction of a new energy system and promoting high-quality energy development and high-level security”.This marks the 16th national energy conference since the annual national energy conference was reinstated in January 2009 after a hiatus of over a decade.展开更多
Remarkable achievements of the new energy industry policy framework over the past two decades Over the past two decades,the industry policy framework centered on the Renewable Energy Law has effectively facilitated th...Remarkable achievements of the new energy industry policy framework over the past two decades Over the past two decades,the industry policy framework centered on the Renewable Energy Law has effectively facilitated the leapfrog development of China’s new energy sector.During this period,policy incentives were primarily focused on promoting the rational scaling of the industry,thereby driving rapid technological upgrades and iterations.This,in turn,enabled a significant reduc-tion in the cost of new energy power generation.In this process,policy played a pivotal role in two key areas:first,by providing per-kilowatt-hour subsidies to bridge the cost gap between new energy and conventional power sources;and second,by exempting the system cost of new energy grid-connected operation through a full guaranteed purchase system.展开更多
Energy security is a crucial aspect of modern societies,as it directly impacts the availability,accessibility,and reliability of energy sources.The reliance on natural resources and geopolitical factors in shaping ene...Energy security is a crucial aspect of modern societies,as it directly impacts the availability,accessibility,and reliability of energy sources.The reliance on natural resources and geopolitical factors in shaping energy security has gained significant attention in recent years.Natural resources and geopolitical risk are examined in 38 countries at risk of geopolitical conflict between 1990 and 2021 by examining CO_(2) emissions,renewable energy consumption,and foreign direct investment as controlling variables.The long-run analysis conducted in this study focused on slope heterogeneity,Westerlund cointegration,and dynamic panel data estimation.The findings indicated that the energy security index is positively associated with various determinants,including natural resources,geopolitical risk,CO_(2) emissions,and renewable energy consumption.However,foreign direct investment was found to be negatively associated with the energy security index among the selected 38 geopolitical risk countries.The role of natural resources and geopolitical risk in energy security cannot be overlooked.Natural resources provide the raw materials for generating electricity and powering our societies,while geopolitical risks can disrupt energy supply chains and threaten stability.Achieving sustainable energy security requires a comprehensive approach that addresses both aspects of energy provision.Transitioning to renewable energy sources,improving energy efficiency,diversifying energy supplies,promoting international cooperation,and conserving natural resources are essential steps towards a more sustainable and resilient energy future.展开更多
This study examined the role of green energy development in mitigating climate change and fostering sustainable development in Central Asia including Kazakhstan,Uzbekistan,Kyrgyzstan,Tajikistan,and Turkmenistan.The re...This study examined the role of green energy development in mitigating climate change and fostering sustainable development in Central Asia including Kazakhstan,Uzbekistan,Kyrgyzstan,Tajikistan,and Turkmenistan.The region has substantial untapped potential in solar energy,wind energy,hydropower energy,as well as biomass and bioenergy,positioning it strategically for renewable energy deployment.The result demonstrated that integrating renewable energy can reduce greenhouse gas emissions,improve air quality,enhance energy security,and support rural development.Case studies from Kazakhstan,Uzbekistan,Kyrgyzstan,and Tajikistan showed measurable environmental and economic benefits.However,the large-scale use of renewable energy still faces numerous barriers,including outdated infrastructure,fragmented regulatory frameworks,limited investment,and shortages of technical expertise.Overcoming these obstacles requires institutional reform,stronger regional cooperation,and increasing engagement from international financial institutions and private investors.Modernizing grids,deploying storage systems,and investing in education,research,and innovation are critical for building human capacity in renewable energy sector.Accelerating the renewable energy transition is essential for Central Asia to meet climate goals,enhance environmental resilience,and ensure long-term socioeconomic development through innovation,investment,and regional collaboration.展开更多
Siemens and Yangpu Economic Development Zone in Hainan have forged a close partnership in a journey towards green energy transition.SIEMENS Energy,one of the world’s leading energy technology companies,became the fir...Siemens and Yangpu Economic Development Zone in Hainan have forged a close partnership in a journey towards green energy transition.SIEMENS Energy,one of the world’s leading energy technology companies,became the first foreign-funded manufacturer to establish a branch and began construction of a gas turbine assembly base and service center in Hainan on December 18,2025.展开更多
China’s energy system requires a thorough transformation to achieve carbon neutrality.Here,leveraging the highly acclaimed the Integrated MARKAL-EFOM System model of China(China TIMES)that takes energy,the environmen...China’s energy system requires a thorough transformation to achieve carbon neutrality.Here,leveraging the highly acclaimed the Integrated MARKAL-EFOM System model of China(China TIMES)that takes energy,the environment,and the economy into consideration,four carbon-neutral scenarios are proposed and compared for different emission peak times and carbon emissions in 2050.The results show that China’s carbon emissions will peak at 10.3–10.4 Gt between 2025 and 2030.In 2050,renewables will account for 60%of total energy consumption(calorific value calculation)and 90%of total electricity generation,and the electrification rate will be close to 60%.The energy transition will bring sustained air quality improvement,with an 85%reduction in local air pollutants in 2050 compared with 2020 levels,and an early emission peak will yield more near-term benefits.Early peak attainment requires the extensive deployment of renewables over the next decade and an accelerated phasing out of coal after 2025.However,it will bring benefits such as obtaining better air quality sooner,reducing cumulative CO_(2) emissions,and buying more time for other sectors to transition.The pressure for more ambitious emission reductions in 2050 can be transmitted to the near future,affecting renewable energy development,energy service demand,and welfare losses.展开更多
The global energy transition is a widespread phenomenon that requires international exchange of experiences and mutual learning.Germany’s success in its first phase of energy transition can be attributed to its adopt...The global energy transition is a widespread phenomenon that requires international exchange of experiences and mutual learning.Germany’s success in its first phase of energy transition can be attributed to its adoption of smart energy technology and implementation of electricity futures and spot marketization,which enabled the achievement of multiple energy spatial–temporal complementarities and overall grid balance through energy conversion and reconversion technologies.While China can draw from Germany’s experience to inform its own energy transition efforts,its 11-fold higher annual electricity consumption requires a distinct approach.We recommend a clean energy system based on smart sector coupling(ENSYSCO)as a suitable pathway for achieving sustainable energy in China,given that renewable energy is expected to guarantee 85%of China’s energy production by 2060,requiring significant future electricity storage capacity.Nonetheless,renewable energy storage remains a significant challenge.We propose four large-scale underground energy storage methods based on ENSYSCO to address this challenge,while considering China’s national conditions.These proposals have culminated in pilot projects for large-scale underground energy storage in China,which we believe is a necessary choice for achieving carbon neutrality in China and enabling efficient and safe grid integration of renewable energy within the framework of ENSYSCO.展开更多
Geopolitics of energy transition has increasingly become the frontier and hot research area of world energy geography and global political science.Different historical periods are characterised by obvious differences ...Geopolitics of energy transition has increasingly become the frontier and hot research area of world energy geography and global political science.Different historical periods are characterised by obvious differences in energy connotations,attributes,and geopolitical characteristics.In the new energy era,energy geopolitics becomes more diversified,complex,and comprehensive.In this paper,we compare the geopolitical characteristics of energy in the fossil fuel and renewable energy periods,and provide an overview of current study trends in new energy geopolitics.Recent research shows that the global energy transition will intensify the reconstruction of geopolitical patterns,change the relationship between geopolitical security and conflict dominated by traditional energy security,alter the role of different countries in global energy geopolitical games,reshape national energy relationships formed in the traditional oil and gas era.In addition,geopolitics will be affected by new energy technologies,availability of key rare materials,and energy cybersecurity measures.Despite considerable attention to this research topic,the likely geopolitical impact of energy transition remains uncertain,and there is still room for the development and improvement of the theoretical framework,technical methods,and research perspective.Looking forward to the future,the research into geopolitics of energy transition urgently needs to strengthen its theoretical basis and rely on the scientific and quantitative methods.The practical conclusions of the research into geopolitics of energy transition should strengthen major national energy security decisions,explore the geographical effect of energy transition,and determine the impact of energy transition on energy security.Research into geopolitics of energy transition should be carried out taking into account international academic frontiers such as climate change,“carbon peak”and“carbon neutral”goals,and global energy governance,to enrich the research perspective of world energy geography.展开更多
This paper provides a theoretical model to explain the causality between China's energy transition and capital deepening found by the empirical study.We prove that in the equilibrium,China's energy transition ...This paper provides a theoretical model to explain the causality between China's energy transition and capital deepening found by the empirical study.We prove that in the equilibrium,China's energy transition is endogenously determined by capital deepening due to the homogeneity of electricity and the monopolistic competition features of China's electricity market.Price effect,which is the effect of change in relative factor price,will affect energy transition only if the policy intervenes electricity price in terms of the primary sources from which it is generated.We propose that investment can promote energy transition by stimulating capital deepening which is biased to clean energy development.In this regard,our paper provides a new way of thinking for other developing countries to design an effective energy transition policy.展开更多
基金supported by the National Natural Science Foundation of China (Grant No 10774063)
文摘The transition energies, wavelengths and dipole oscillator strengths of 1s^22p-1s^2nd （3 ≤ n ≤ 9） for Cr^21＋ ion are calculated. The fine structure splittings of 1s^2nd （n ≤ 9） states for this ion are also calculated. In calculating energy, we have estimated the higher-order relativistic contribution under a hydrogenic approximation. The quantum defect of Rydberg series 1s^2nd is determined according to the quantum defect theory. The results obtained in this paper excellently agree with the experimental data available in the literature. Combining the quantum defect theory with the discrete oscillator strengths, the discrete oscillator strengths for the transitions from initial state 1s^22p to highly excited 1s^2nd states （n ≥ 10） and the oscillator strength density corresponding to the bound-free transitions are obtained.
文摘The properties of absorption spectra are presented and the linear correlations of Hammett constants with the 0-0 transition energy(E_(o,o))of S_←S_o, and the ratios of oscillator strength(f/f)are used to probe the interactions betwee π-electron of aromatic maerocycles or metal ion of complexes with the sub- stituents on β-position of benzene ring for porphyrin-like maerocyclic compounds.
文摘Discussions about the future of energy sources and environmental sustainability are becoming critical on a global scale.The energy sector plays a central role in the economy,as the availability and cost of energy influence the competitiveness of economies,while the level of energy consumption impacts the standard of living for individuals.This paper aims to examine environmental challenges and steps for a sustainable transition towards a hydrogen economy,focusing on its potential as an alternative to fossil fuels and the importance of developing the hydrogen paradigm.The research methodology is based on a combination of qualitative and quantitative methods,including an analysis of global and regional trends in the energy transition,the impact of various forms of hydrogen production(green,blue,gray hydrogen)on greenhouse gas emissions,and a comparison of existing policies and strategies in different countries transitioning to a sustainable hydrogen economy.Research results show that green hydrogen,produced via electrolysis using renewable energy sources,holds the greatest potential for reducing greenhouse gas emissions,while gray and blue hydrogen can serve as transitional options.The development of the hydrogen paradigm,rooted in innovative technologies,renewable energy sources,and international cooperation,is crucial for decarbonization and the creation of a sustainable global economy,despite challenges such as high costs and the need for global coordination.The hydrogen paradigm is becoming a cornerstone of these efforts,laying the foundation for a long-term,sustainable global economy.Currently,over 180 hydrogen transport projects,60 distribution projects,80 storage projects,30 terminal and port projects,and more than 220 hydrogen production projects are under development worldwide.The global momentum of the hydrogen transition helps mitigate climate change and build a sustainable future.
基金supported by the National Natural Science Foundation of China“Quantitative characterization of lacustrine shale oil mobility based on nano-scale oil-rock interactions”(No.42172180)Science and Technology Research Project for the China National Petroleum Corporation“Source-reservoir characteristics and sweet spot evaluation for terrestrial shale oil in China”(No.2021DJ1802)。
文摘0 INTRODUCTION Throughout human history,three major energy transitions have occurred:from burning wood in primitive times to using coal in 18th Century,then to oil and gas in 20th Century,and to the renewable energy revolution in the 21st Century(Zou et al.,2023).The three transitions have three characteristics in common:shifted from nonrenewable to renewable energy,from“resource-centric”to a“technology-centric”,and from“high-carbon fossil”to“net-zero”.
基金supported by the Major Project of the National Social Science Fund of China(Grant No.23VMG006)the Fundamental Research Funds for the Central Universities in UIBE,China(Grant No.23YB07).-。
文摘China's pursuit of its dual carbon goal has turned the country's energy transition and the role of natural gas into key concerns for policymakers and researchers.This study adopts a macro-level analytical approach when reviewing national energy and climate policies together with recent data to assess energy-transition progress and the role of gas in this transition.The study's main findings are as follows:(1)China's energy transition has made clear progress in terms of targets,institutions,and the energy mix;however,it continues to face major problems,such as coal dependence,a rigid industrial structure,and weak incentives for low-carbon energy.In addition,a basic transition pathway is taking shape marked by five main trends:advancing the dual-carbon goals,building a new energy system,developing a new power system,implementing carbon-emission dual control,and improving the national carbon market;(2)The historical evolution of Chinese natural gas industry shows that gas is now mainly positioned as a clean fuel whose core function is to replace coal and improve environmental quality;(3)In the future energy transition,the role of natural gas can be defined:a buffer for energy security,a flexible resource for balancing the power system,and an important source of low-carbon hydrogen and chemical feedstocks.Overall,the study concludes that policy efforts should focus on strengthening the multiple functions of natural gas under tight carbon emission constraints to better support China's long-term low-carbon development.
基金supported by the Key Projects of Philosophy and Social Sciences Research,Ministry of Education,(Grant No.:22JZD008).
文摘Green investments(GIs)in the energy industry are crucial for driving a clean energy transition and fostering environmental sustainability.In the digital economy era,insufficient attention has been paid to digital finance’s(DF’s)influence on GIs in energy enterprises,potentially underestimating its impact.Our study utilized a two-way fixedeffects model,analyzing data from 108 listed energy firms from 2011 to 2020,to empirically investigate the influence of DF on GIs in China’s energy industry.The research findings are as follows:(1)An increase of one unit in DF can improve the intensity of GIs in the energy industry by 0.03%by alleviating financing constraints,increasing cash flow,and correcting financial mismatches.(2)DF has a significant threshold effect on GIs,with market incentive-and command-and-control-based environmental regulations having thresholds of 16.98 and 0.98,respectively.(3)The GI performance of large state-owned energy enterprises in regions with a higher marketization benefits more from DF.We suggested tailored policy suggestions according to these findings.
基金Under the auspices of National Natural Science Foundation of China(No.42471191)Fujian Provincial Department of Science and Technology(No.2023R1039)Ministry of Education of Humanities and Social Science Research Project(No.21YJCZH006)。
文摘Reducing global carbon dioxide(CO_(2))emissions is essential for meeting climate change mitigation goals,especially in urban areas.In this regard,this study used CO_(2)emissions and energy transition data from 296 China's cities in 2020 and the extended Stochastic Impacts by Regression on Population,Affluence,and Technology(STIRPAT)model to explore the relationship between energy transition and CO_(2)emissions at the city-scale.The findings indicate a spatial distribution of energy transition magnitude that is high in the west and low in the east,which does not align with economic status and total CO_(2)emissions,posing significant challenges for China's energy transition and urban CO_(2)reduction.The STIRPAT model reveals that urban CO_(2)emissions are significantly driven by increases in population size,levels of economic development,and the expansion of transportation infrastructure.Conversely,investments in science and education,the expansion of the tertiary sector,and the disruptive effects of the COVID-19(Coronavirus Disease 2019)pandemic are associated with notable reductions in CO_(2)emissions.Specifically,the analysis estimates that a 1.00%increase in the energy transition degree is associated witha 0.90%decrease in urban CO_(2)emissions.However,regional assessments underscore considerable spatial heterogeneity in the energy transition effect,with CO_(2)reduction benefits being less pronounced in central and western cities.These findings suggest that future clean energy initiatives should be strategically concentrated in eastern China,where the demand and potential for CO_(2)mitigation are greater.This study deepens the understanding of the complex relationship between energy transition and urban CO_(2)emissions,offering valuable insights to inform targeted policy interventions for carbon reduction at the city level.
文摘The 52nd issue of Financial Innovation(FIN),Volume 11,No.4(2025),features 19 papers that can be classified into two main themes:the Special Issue on Green Digital Finance and Energy Transition,and FinTech and Market Analysis.
文摘ASEAN and China have built the most successful and dynamic model of regional cooperation in the Asia-Pacific region or even the whole world.Both are each other’s largest trading partners.China has maintained as ASEAN’s top trading partner for 16 consecutive years,and ASEAN has been China’s largest trading partner for five consecutive years.In 2024,the total bilateral trade volume approached 1 trillion US dollars,with a year-on-year increase of 7.8%.China is ASEAN’s second-largest source of foreign investment,and ASEAN is also an important source of foreign investment for China.Pragmatic cooperation between the two sides in various fields has been deepening continuously.
文摘This study aims to evaluate the relative importance of the pillars and indicators within th e Energy Transition Index(ETI) and their influence on overall ETI performance.Using a dataset from the World Economic Forum's 2024 ETI report,which covers 120 countries,this research applies Bayesian Belief Networks(BBNs),a probabilistic graphical modeling technique suited for analyzing complex interdependencies among variables.Two models are developed:one connecting the ETI to its eight pillars,and another linking it to 22 selected indicators.Findings reveal that the finance and investment pillar has the strongest positive association with ETI scores,whereas innovation is the area with the highest concentration of low-performing countries.Additionally,strong synergies are observed across digital infrastructure readiness and education quality,highlighting opportunities for multi-dimensional policy interventions.The study provides actionable insights for policymakers,such as prioritizing financial instruments,strengthening regulatory frameworks,and enhancing educational and digital infrastructure to accelerate progress in energy transitions.
文摘The 2025 National Energy Conference(hereinafter referred to as“the conference”)was held in Beijing on December 15,2024.The conference highlighted that“next year and the‘15th Five-Year Plan’period will be crucial for accelerating the construction of a new energy system and promoting high-quality energy development and high-level security”.This marks the 16th national energy conference since the annual national energy conference was reinstated in January 2009 after a hiatus of over a decade.
文摘Remarkable achievements of the new energy industry policy framework over the past two decades Over the past two decades,the industry policy framework centered on the Renewable Energy Law has effectively facilitated the leapfrog development of China’s new energy sector.During this period,policy incentives were primarily focused on promoting the rational scaling of the industry,thereby driving rapid technological upgrades and iterations.This,in turn,enabled a significant reduc-tion in the cost of new energy power generation.In this process,policy played a pivotal role in two key areas:first,by providing per-kilowatt-hour subsidies to bridge the cost gap between new energy and conventional power sources;and second,by exempting the system cost of new energy grid-connected operation through a full guaranteed purchase system.
基金funded by a grant from the Interdisciplinary Research Institute in New Finance and Economics,Hubei University of Economics(No.JXZD202403).
文摘Energy security is a crucial aspect of modern societies,as it directly impacts the availability,accessibility,and reliability of energy sources.The reliance on natural resources and geopolitical factors in shaping energy security has gained significant attention in recent years.Natural resources and geopolitical risk are examined in 38 countries at risk of geopolitical conflict between 1990 and 2021 by examining CO_(2) emissions,renewable energy consumption,and foreign direct investment as controlling variables.The long-run analysis conducted in this study focused on slope heterogeneity,Westerlund cointegration,and dynamic panel data estimation.The findings indicated that the energy security index is positively associated with various determinants,including natural resources,geopolitical risk,CO_(2) emissions,and renewable energy consumption.However,foreign direct investment was found to be negatively associated with the energy security index among the selected 38 geopolitical risk countries.The role of natural resources and geopolitical risk in energy security cannot be overlooked.Natural resources provide the raw materials for generating electricity and powering our societies,while geopolitical risks can disrupt energy supply chains and threaten stability.Achieving sustainable energy security requires a comprehensive approach that addresses both aspects of energy provision.Transitioning to renewable energy sources,improving energy efficiency,diversifying energy supplies,promoting international cooperation,and conserving natural resources are essential steps towards a more sustainable and resilient energy future.
文摘This study examined the role of green energy development in mitigating climate change and fostering sustainable development in Central Asia including Kazakhstan,Uzbekistan,Kyrgyzstan,Tajikistan,and Turkmenistan.The region has substantial untapped potential in solar energy,wind energy,hydropower energy,as well as biomass and bioenergy,positioning it strategically for renewable energy deployment.The result demonstrated that integrating renewable energy can reduce greenhouse gas emissions,improve air quality,enhance energy security,and support rural development.Case studies from Kazakhstan,Uzbekistan,Kyrgyzstan,and Tajikistan showed measurable environmental and economic benefits.However,the large-scale use of renewable energy still faces numerous barriers,including outdated infrastructure,fragmented regulatory frameworks,limited investment,and shortages of technical expertise.Overcoming these obstacles requires institutional reform,stronger regional cooperation,and increasing engagement from international financial institutions and private investors.Modernizing grids,deploying storage systems,and investing in education,research,and innovation are critical for building human capacity in renewable energy sector.Accelerating the renewable energy transition is essential for Central Asia to meet climate goals,enhance environmental resilience,and ensure long-term socioeconomic development through innovation,investment,and regional collaboration.
文摘Siemens and Yangpu Economic Development Zone in Hainan have forged a close partnership in a journey towards green energy transition.SIEMENS Energy,one of the world’s leading energy technology companies,became the first foreign-funded manufacturer to establish a branch and began construction of a gas turbine assembly base and service center in Hainan on December 18,2025.
基金supported by the National Natural Science Foundation of China (71690243 and 51861135102)the Ministry of Science and Technology of the People’s Republic of China (2018YFC1509006)the World Bank Group (7202065)
文摘China’s energy system requires a thorough transformation to achieve carbon neutrality.Here,leveraging the highly acclaimed the Integrated MARKAL-EFOM System model of China(China TIMES)that takes energy,the environment,and the economy into consideration,four carbon-neutral scenarios are proposed and compared for different emission peak times and carbon emissions in 2050.The results show that China’s carbon emissions will peak at 10.3–10.4 Gt between 2025 and 2030.In 2050,renewables will account for 60%of total energy consumption(calorific value calculation)and 90%of total electricity generation,and the electrification rate will be close to 60%.The energy transition will bring sustained air quality improvement,with an 85%reduction in local air pollutants in 2050 compared with 2020 levels,and an early emission peak will yield more near-term benefits.Early peak attainment requires the extensive deployment of renewables over the next decade and an accelerated phasing out of coal after 2025.However,it will bring benefits such as obtaining better air quality sooner,reducing cumulative CO_(2) emissions,and buying more time for other sectors to transition.The pressure for more ambitious emission reductions in 2050 can be transmitted to the near future,affecting renewable energy development,energy service demand,and welfare losses.
基金Henan Institute for Chinese Development Strategy of Engineering&Technology(No.2022HENZDA02)the Science&Technology Department of Sichuan Province(No.2021YFH0010)。
文摘The global energy transition is a widespread phenomenon that requires international exchange of experiences and mutual learning.Germany’s success in its first phase of energy transition can be attributed to its adoption of smart energy technology and implementation of electricity futures and spot marketization,which enabled the achievement of multiple energy spatial–temporal complementarities and overall grid balance through energy conversion and reconversion technologies.While China can draw from Germany’s experience to inform its own energy transition efforts,its 11-fold higher annual electricity consumption requires a distinct approach.We recommend a clean energy system based on smart sector coupling(ENSYSCO)as a suitable pathway for achieving sustainable energy in China,given that renewable energy is expected to guarantee 85%of China’s energy production by 2060,requiring significant future electricity storage capacity.Nonetheless,renewable energy storage remains a significant challenge.We propose four large-scale underground energy storage methods based on ENSYSCO to address this challenge,while considering China’s national conditions.These proposals have culminated in pilot projects for large-scale underground energy storage in China,which we believe is a necessary choice for achieving carbon neutrality in China and enabling efficient and safe grid integration of renewable energy within the framework of ENSYSCO.
基金National Natural Science Foundation of China,No.42022007,No.41871118Youth Innovation Promotion Association,CAS,No.2018069。
文摘Geopolitics of energy transition has increasingly become the frontier and hot research area of world energy geography and global political science.Different historical periods are characterised by obvious differences in energy connotations,attributes,and geopolitical characteristics.In the new energy era,energy geopolitics becomes more diversified,complex,and comprehensive.In this paper,we compare the geopolitical characteristics of energy in the fossil fuel and renewable energy periods,and provide an overview of current study trends in new energy geopolitics.Recent research shows that the global energy transition will intensify the reconstruction of geopolitical patterns,change the relationship between geopolitical security and conflict dominated by traditional energy security,alter the role of different countries in global energy geopolitical games,reshape national energy relationships formed in the traditional oil and gas era.In addition,geopolitics will be affected by new energy technologies,availability of key rare materials,and energy cybersecurity measures.Despite considerable attention to this research topic,the likely geopolitical impact of energy transition remains uncertain,and there is still room for the development and improvement of the theoretical framework,technical methods,and research perspective.Looking forward to the future,the research into geopolitics of energy transition urgently needs to strengthen its theoretical basis and rely on the scientific and quantitative methods.The practical conclusions of the research into geopolitics of energy transition should strengthen major national energy security decisions,explore the geographical effect of energy transition,and determine the impact of energy transition on energy security.Research into geopolitics of energy transition should be carried out taking into account international academic frontiers such as climate change,“carbon peak”and“carbon neutral”goals,and global energy governance,to enrich the research perspective of world energy geography.
文摘This paper provides a theoretical model to explain the causality between China's energy transition and capital deepening found by the empirical study.We prove that in the equilibrium,China's energy transition is endogenously determined by capital deepening due to the homogeneity of electricity and the monopolistic competition features of China's electricity market.Price effect,which is the effect of change in relative factor price,will affect energy transition only if the policy intervenes electricity price in terms of the primary sources from which it is generated.We propose that investment can promote energy transition by stimulating capital deepening which is biased to clean energy development.In this regard,our paper provides a new way of thinking for other developing countries to design an effective energy transition policy.
