China's Energy Security: Analysis, Assessment And Improvement


Book Description

China is the second-largest economy in the world yet it faces serious energy security challenges due to the country's reliance on coal, a fuel with multiple environmental and social problems. Moreover, since 2017 China has become the world's largest crude oil importer, greatly increasing its reliance on imported energy.The International Energy Agency has defined energy security as 'the uninterrupted availability of energy sources at an affordable price,' employing metrics in various dimensions such as availability, affordability, accessibility and acceptability to measure the energy security of different nations. Accordingly, the assessment, analysis and improvement of energy security is a complex problem. China's Energy Security aims to resolve this problem by answering three important questions:




China's Worldwide Quest for Energy Security


Book Description

China; Energy Needs.




Security and Profit in China's Energy Policy


Book Description

China has developed sophisticated hedging strategies for managing the international petroleum market, maintaining a favorable energy mix, pursuing overseas equity oil production, building a state-owned tanker fleet and strategic petroleum reserve, establishing cross-border pipelines, and diversifying its energy resources and routes. Though it cannot be “secured,” China’s energy security can be “insured” by marrying government concern with commercial initiatives. This book identifies the interrelationship between security and profit that better describes China’s energy-security policy.




The Economics and Politics of China's Energy Security Transition


Book Description

The Economics and Politics of China's Energy Security Transition clarifies China's energy and foreign policies through a comprehensive examination of energy sources, providing an insider's unique perspective for assessing China's energy policies. China's historic decline in coal consumption since 2013-2014 and a plateauing of its carbon dioxide emissions have given China an unprecedented opportunity to decarbonize while growing its economy. In response to global questions about China's institutional, administrative, and political challenges and risks, this book provides the answers that everyone is asking. - Provides a rare assessment of China's energy policies and reveals insights into the Chinese government - Devotes attention to issues of global energy governance and energy sanctions - Includes data and reference content suitable for researchers in economics, sustainability, energy policy, geopolitics and political science




China and ASEAN


Book Description

This book examines the energy resource relations between China and ASEAN countries. It addresses the following issues: as the world energy demand shifts East because of the rise of China, ASEAN community and other emerging Asian economies, and as the Greater Indian Ocean and the South China Sea become the world’s energy interstates, will geopolitical tensions over energy resources spark conflicts in the region, especially in the South China Sea? Against the background of China’s rise and its growing influence in Southeast Asia, will China’s quest for energy resource cooperation be viewed as a threat or opportunity by its neighbouring countries? Since the United States, Japan and India are important players in Southeast Asia, does the shifting geopolitics of energy give these big powers a new strategic tool in an intensifying rivalry with China? Or does the changing geopolitics of energy resources create more areas of shared interests and opportunities for cooperation between these big powers to balance, rather than increase, tensions in Southeast Asia? This book will be of interest to anyone who is keen to learn how the world, especially the United States, can accommodate and adapt to the new global energy dynamics and how China and ASEAN operate as new players in global and regional energy markets.




China's Quest for Energy Security


Book Description

China's two decades of rapid economic growth have fueled a demand for energy that has outstripped domestic sources of supply. China became a net oil importer in 1993, and the country's dependence on energy imports is expected to continue to grow over the next 20 years, when it is likely to import some 60 percent of its oil and at least 30 percent of its natural gas. China thus is having to abandon its traditional goal of energyself-sufficiency--brought about by a fear of strategic vulnerability--and look abroad for resources. This study looks at the measures that China is taking to achieve energy security and the motivations behind those measures. It considers China's investment in overseas oil exploration and development projects, interest in transnational oil pipelines, plans for a strategic petroleum reserve, expansion of refineries to process crude supplies from the Middle East, development of the natural gas industry, and gradual opening of onshore drilling areas to foreign oil companies. The author concludes that these activities are designed, in part, to reduce the vulnerability of China's energy supply to U.S. power. China's international oil and gas investments, however, are unlikely to bring China theenergy security it desires. China is likely to remain reliant on U.S. protection of the sea-lanes that bring the country most of its energy imports.




Energy Security


Book Description

Energy security has become a top priority issue for the United States and countries around the globe, but what does the term "energy security" really mean? For many it is assuring the safe supply and transport of energy as a matter of national security. For others it is developing and moving toward sustainable and low-carbon energy sources to avoid environmental catastrophe, while still others prioritize affordability and abundance of supply. The demand for energy has ramifications in every part of the globe—from growing demand in Asia, to the pursuit of reserves in Latin America and Africa, to the increased clout of energy-producing states such as Russia and Iran. Yet the fact remains that the vast majority of global energy production still comes from fossil fuels, and it will take a thorough understanding of the interrelationships of complex challenges—finite supply, environmental concerns, political and religious conflict, and economic volatility—to develop policies that will lead to true energy security. In E nergy Security, Brookings scholars present a realistic, cross-disciplinary look at the American and global quests for energy security within the context of these geopolitical, economic, and environmental challenges. For example, political analysts Pietro Nivola and Erin Carter wrap their arms around just what is means to be "energy independent" and whether that is an advisable or even feasible goal. Suzanne Maloney addresses "Energy Security in the Persian Gulf: Opportunities and Challenges," while economist Jason Bordoff and energy analyst Bryan Mignone trace the links between climate policies and energy-access policies. Carlos Pascual and his colleagues examine delicate geopolitical issues. Assuring long-term energy security remains one of the industrialized world's most pressing priorities, but steps in that direction have been controversial and often dangerous, and results thus far have been tenuous. In this insightful volume, Brookings




Achieving Energy Security In Asia: Diversification, Integration And Policy Implications


Book Description

This book presents a critical review of the status of energy security in Asia and suggests how a country or a region collectively can achieve energy security in two broad aspects. First, it analyzes how regional cooperation and energy trade can enhance energy security in the region. Second, it reviews how energy security can be ensured in national and regional general contexts. From the reviews and analyses, this book asserts that diversification and integration are key to ensuring energy security. It presents policy implications for enhancing energy security, especially in resource-rich as well as resource-poor developing countries in Asia.




Research on Energy Issues in China


Book Description

China's rapid economic expansion raises questions internally and externally about how it will acquire the energy it needs to sustain growth. Currently it is the largest producer and consumer of coal; how much will it continue to rely on its abundant natural resource in the face of increasing environmental concerns? Will it embrace new clean coal technologies developed by others or invest in its own? Currently it imports 50% of the oil it consumes; will it invest in technologies that scrub the ocean floor for petroleum deposits? Will it develop new distribution technologies to bring its natural gas reserves closer to population centers? What role will conservation play? And how will China relate to the rest of the international community as it addresses these critical issues. Research on Energy Issues In China presents one prominent insider's view of China's key energy issues and his strategy for addressing them. A collection of papers authored by Jiang Zemin, former president of the People's Republic of China, it appears here in English for the first time. Jiang's message is an exhortation to the Chinese to invest in science and technology, and research and development, to ensure the steady supply of energy so crucial for sustaining and driving development. He outlines this energy strategy for China: "we need to steadfastly conserve energy, use it efficiently, diversify development, keep the environment clean, be technology driven and cooperate internationally in order to establish a system of energy production, distribution and consumption that is highly efficient, uses advanced technology, produces few pollutant, has minimal impact on the ecosystem, and provides a steady and secure energy supply." Within ten to twenty years, China may well be the world's largest energy consumption and supply system. This volume offers policy makers, energy industry analysts, researchers, and investors an inside view of how it plans to get there. - Compares China's current energy situation with the developed world - Details specific challenges and opportunities in China with respect to coal, oil, nuclear, natural gas, solar, biomass, hydrogen, geothermal, wind, and ocean - Presents an eight point energy development policy - Provides a guide to China's future investment in research and development




The Political Economy of Renewable Energy and Energy Security


Book Description

Bringing together renewable energy and energy security, this book covers both the politics and political economy of renewables and energy security and analyzes renewable technologies in diverse and highly topical countries: Japan, China and Northern Europe.