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China aims to raise the share of the non-fossil energy to over 50% by 2050

JLC April 27 , 2017 Helen


    On April 25, the National Development and Reform Commission and the National Energy Administration issued the ‘Energy Production and Consumption Revolutionary Strategy (2016-2030)’ (hereinafter referred to as ‘Strategy’), which was China's first disclosed revolutionary energy strategy.

 

    ‘Strategy’ proposed China's energy revolution’s development goals for three stages. In the long run, by 2050, the total energy consumption is basically stable, and the non-fossil energy accounts for more than half.

In this regard, ‘Strategy’ specifically makes clear the green low-carbon direction. In the internal strategy, it puts forward the policy of the right to use the energy on the consumption side, clean incremental new concept on the supply side, and in the external strategy it puts forward to smooth the ‘One Belt and One Road’ energy channel, the international energy affairs discourse right and other new concepts.


    In addition, the ‘Strategy’ puts forward the short-term goal of the full start of the layout of the energy revolution system by 2020 to promote fossil energy clean and fundamentally reverse the extensive growth of energy consumption, implementing of policy guidance and constraints.


    The total energy consumption is controlled within 5 billion mt of standard coal and the proportion of coal consumption is further reduced. Clean energy is to become the main body of energy increment, energy structure adjustment is to make significant progress and non-fossil energy accounts for 15%; per unit of gross domestic product (GDP) carbon dioxide emissions is to go down by 18% against 2015.


    At the same time, the energy consumption per unit of GDP is 15% lower than that in 2015; the basic system of power and oil & gas system, energy price formation mechanism, green finance and taxation policy is basically formed; energy self-sufficiency is maintained above 80%, basically forming a quite perfect energy security system.


    In the medium term, the renewable energy, natural gas and nuclear energy use continue to grow from 2021 to 2030, and the use of high-carbon fossil energy is significantly reduced. Energy consumption is controlled within 6 billion mt of standard coal, and non-fossil energy accounts for about 20% of the total energy consumption. Natural gas accounts for about 15%, and newly-added energy demand mainly relies on clean energy. At the same time, per unit of GDP of carbon dioxide emission is to fall by 60%-65% over 2005.


    Smooth the ‘One Belt and One Road’ energy channel


    First of all, it should consolidate the existing oil and gas importing channel, speed up the newly-added energy channel construction, effectively improve the energy supply capacity of China and the countries along the route, comprehensively enhance the level of energy supply of each other, achieve a wide range of energy imports resources, and evenly promote energy cooperation with the Middle East, Central Asia, Russia, Southeast Asia and Africa on Energy.


    Second, it should ensure that the energy channel is smooth. It should consolidate the existing oil and gas strategic import channels, promote the establishment of safety cooperation mechanism of land and sea channels, do a good job of the risk control of the key channels, improve facilities’ protection capabilities, strategic early warning capabilities and emergency response capability to construct the safe and smooth energy transmission channel.


    It is suggested that it should diversify the energy import channels, accelerate the construction of oil and gas pipelines such as Sino-Russia and Sino-Turkmenistan, speed up the construction of transport ports and terminals in the areas along with One Belt and One Road to improve the proportion of China crude oil transported by China facilities and gradually reduce the dependence on Malacca Strait and the Strait of Hormuz and other transport corridors.


    Third, it should improve the energy channel layout, strengthen the land and sea linkage, east and west two-way opening, accelerate the ‘One Belt and One Road’ national and regional energy interoperability, speed up energy channel construction and improve land transport capacity. Meanwhile, it should promote the surrounding nations’ power infrastructure network interoperability.


    Fourth, it should promote the co-construction and sharing. So it should work with other countries jointly promoting the layout of energy infrastructure planning, standard norms and docking management and strengthen legal cooperation to ensure efficient transport of energy. It should take the enterprises as the main bodies and infrastructures as the leader to build overseas energy economic and trade industrial park.


    The current energy channel construction is mainly for oil and gas resources, and in the future the power growth potential is not small. Compared to oil and gas, power channel construction is more sensitive and will have more obstacles, so it needs to be based on the establishment of long-term and stable bilateral and multilateral political mutual trust.


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