Analysis of High Proportion of New Energy Consumption Abroad and Suggestions for Sustainable Development of New Energy in China

Driven by the global energy transformation, the proportion of new energy such as wind power and photovoltaics in the power systems continues to rise in many countries. However, with the increase of new energy installed capacities, how to effectively improve the absorption level and utilization rate of new energy has become an urgent problem needing to be solved by all countries. To meet this challenge, this paper firstly selected two regions, California in US and Germany, to analyze and sort out the general rules of market-oriented absorption of new energy. Then, the history of new energy absorption in China was traced and the new situation of new energy absorption during the "14th Five-Year Plan" period was analyzed. Thirdly, the impact of utilization rate on the profitability of new energy under the market-oriented absorption situation was quantitatively analyzed. Finally, combined with the actual situation of new energy development in China, the strategic suggestions for improving the absorption level of new energy was proposed, so as to help China to achieve more efficient development and utilization of new energy in the future and promote the green and low-carbon transformation of energy.