New energy sector: lithium-ion batteries, hydrogen.
Currently, 70% of the energy consumed by humans originates from fossil fuels such as coal, oil, and natural gas. Given the existing technological conditions, the extensive use of fossil energy has inflicted severe damage on the Earth's environment, posing a significant threat to human living space. Scientists predict that while fossil fuel energy will continue to hold a substantial share in the future, its dominance will gradually decline (the fossil fuels formed over 200 million years on Earth are only sufficient for human use for approximately 300 more years). Renewable clean energy is expected to constitute half of the world's energy supply in the future.
The rapid increase in China's energy demand has disrupted its long-standing self-sufficient energy supply system. Since 1993, China has become a net importer of oil, with the volume of oil imports steadily rising, positioning China to compete in the global energy market. Due to the relative shortage of fossil fuel production, particularly oil and natural gas, China's energy supply will increasingly rely on the international market in the future.
International trade is fraught with uncertainties. International energy prices may stabilize with improvements in the global peace environment, but they may also fluctuate amidst international instability. Future instability in the international oil market and fluctuations in oil prices will significantly impact China's oil supply, causing substantial disruptions to the economy and society. Vigorously developing renewable energy can reduce the proportion of fossil fuels in China's energy demand and its dependence on imported energy, thereby enhancing China's energy and economic security.
Furthermore, the most immediate benefit of renewable energy compared to fossil fuels is its reduced environmental pollution.
