At present，local government project income special bonds in energy field are still in the early stage of development，and its issuance is a little bit lower. In 2020，the issuance period of energy project income special bonds was mainly medium and long term，the issuance area was concentrated in northwest and southwest China，and the aggregate type of energy special bonds was in the majority. Among the fundraising projects，avionics projects had a large investment demand but a small number of issuance，electrical projects accounted for a large proportion，and the energy projects belonging to new infrastructure had emerged gradually. From the characteristics of the project，the investment scale of electrical pipe network project was small，and the project cycle was short. Besides，LNG peak station projects had large investment scale and long project cycle. In the future，benefiting from the relaxed environment created by policies and the demand for construction funds，the issuance of energy special bonds is expected to continue to grow，and local governments should also give full play to the advantage of special bonds as project capital to improve the leverage effect on investment.