Re-industrialization and industrialization promote electrification of energy consumption

After the financial crisis, countries attach more importance to the development of the real economy. Competition between countries is not only the fictitious virtual economy competition with finance, but also the competition of the real economy has entered a new stage.

In the 1970s, Western scholars proposed a "return" strategy based on the continuous decline of the status of industry in various industries, the relative decline in the competitiveness of industrial products in the international market, the large amount of industrial investment shifting overseas and the relative lack of domestic investment. That is, returning to the real economy, so that industrial investment is concentrated in the country, avoiding the hollowing out of the industrial structure. Now this strategy has once again had a market in developed countries. The industrialization level of the vast number of developing countries is still far from catching up with developed countries, so it will continue to promote industrialization. However, the changes in the world economy today, whether it is re-industrialization or industrialization, have shown new connotations and characteristics.

The re-industrialization of developed countries has a solid industrial development foundation. Their re-industrialization is not a simple return, but focuses on the development of emerging industries with high-tech as the main line, aiming to develop high value-added manufacturing industries, such as advanced manufacturing technologies. New industries such as new energy, environmental protection, and information, thus re-establishing a new competitive industrial system. On the one hand, developing countries have steadily promoted industrialization and on the other hand pursued a moderate leap in industrialization.

The emphasis on industrialization with manufacturing as the core will have a major impact on the development and transformation of the energy industry. Re-industrialization and industrialization will enhance the level of electrification of energy consumption, mainly in the following aspects.

First, the total energy demand has increased. Industry is a major energy consumer. Under the current lightening of industrial structure in various countries, as well as technological advancement and energy efficiency improvement, the global energy consumption intensity has a downward trend. The economic growth and energy demand of developing countries still maintain a high degree of consistency, and the developed countries such as the United States and Japan have experienced the phenomenon of “decoupling” between energy consumption and economic growth. The trend of re-industrialization will boost energy demand to a certain extent. In particular, the return to local phenomenon of re-industrialization in developed countries may change the decoupling trajectory that has emerged. There is still a gap between the level of science and technology and energy efficiency in developing countries and developed countries. The continued deepening of industrialization will drive the growth of energy demand. In general, the re-industrialization of developed countries and the industrialization of developing countries will support global energy demand to continue to grow, but energy efficiency will decline as conditions of energy efficiency continue to increase.

Second, industrialization changes the structure of terminal energy consumption, and electricity accounts for an increase in terminal energy consumption. According to global economic development data, industrialization has a significant effect on the proportion of electricity in terminal energy consumption. At present, the proportion of terminal power consumption in developed countries is significantly higher than the world average. The main reason is that developed countries have completed industrialization, the industrial structure is relatively mature, and developing countries are still in the process of industrialization, which has a high degree of power consumption. Dependence. In the future, the re-industrialization of developed countries and the continued advancement of industrialization in developing countries will further increase the demand for electricity, and the proportion of global electricity in terminal energy consumption will also increase. Among them, the electric revolution is an important engine.

Third, the degree of clean utilization of energy is increasing. The re-industrialization of developed countries and the industrialization of developing countries are accompanied by the optimization and adjustment of the energy structure. The adjustment of the energy structure is both an important part of industrialization and an important force for promoting industrial upgrading. Both industrialized development and energy development plans are in sync with both developed and developing countries. In the re-industrialization plan of former US President Barack Obama, the development of new energy is an important part. In the current presidential Trump's revitalization of fossil energy plans, the status of natural gas plays an important role. China is also accelerating the development of natural gas, and promoting the clean utilization of coal and vigorously developing renewable energy. A group of developing countries such as India have also formulated medium- and long-term energy green low-carbon development plans. Therefore, both the re-industrialization of developed countries and the industries of developing countries are inseparable from the clean and electrified development of energy.