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 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.




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.




China's Worldwide Quest for Energy Security


Book Description

China; Energy Needs.




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




The Long Game


Book Description

For more than a century, no US adversary or coalition of adversaries - not Nazi Germany, Imperial Japan, or the Soviet Union - has ever reached sixty percent of US GDP. China is the sole exception, and it is fast emerging into a global superpower that could rival, if not eclipse, the United States. What does China want, does it have a grand strategy to achieve it, and what should the United States do about it? In The Long Game, Rush Doshi draws from a rich base of Chinese primary sources, including decades worth of party documents, leaked materials, memoirs by party leaders, and a careful analysis of China's conduct to provide a history of China's grand strategy since the end of the Cold War. Taking readers behind the Party's closed doors, he uncovers Beijing's long, methodical game to displace America from its hegemonic position in both the East Asia regional and global orders through three sequential "strategies of displacement." Beginning in the 1980s, China focused for two decades on "hiding capabilities and biding time." After the 2008 Global Financial Crisis, it became more assertive regionally, following a policy of "actively accomplishing something." Finally, in the aftermath populist elections of 2016, China shifted to an even more aggressive strategy for undermining US hegemony, adopting the phrase "great changes unseen in century." After charting how China's long game has evolved, Doshi offers a comprehensive yet asymmetric plan for an effective US response. Ironically, his proposed approach takes a page from Beijing's own strategic playbook to undermine China's ambitions and strengthen American order without competing dollar-for-dollar, ship-for-ship, or loan-for-loan.




Energy Insecurity in Asia


Book Description

Unlike energy security, energy insecurity has not been extensively studied. While energy security is broadly understood to represent the securing of energy resources, mere physical availability does not necessarily mean that the resources can reach end users. Energy insecurity is not merely a mirror image of energy security, given the diverse consequences and impacts of the unavailability of energy for households. Energy Insecurity in Asia will identify the challenges and explore potential solutions in the context of energy insecurity in Asia. The book consists of two parts. Part I provides thematic and regional studies and solutions for dealing with energy insecurity in different Asian subregions. Part II discusses the importance of renewable energy in addressing energy insecurity and presents several country case studies. There are many factors that countries investing in renewables must consider, such as energy security, climate change mitigation, and reducing air pollution. This book is a timely and valuable resource for researchers and policymakers. It provides insightful case studies and offers practical policy recommendations for solving energy insecurity in Asia and in other regions.




China's Ascent


Book Description

Assessments of China's importance on the world stage usually focus on a single dimension of China's increasing power, rather than on the multiple sources of China's rise, including its economic might and the continuing modernization of its military. This book offers multiple analytical perspectives—constructivist, liberal, neorealist—on the significance of the many dimensions of China's regional and global influence. Distinguished authors consider the likelihood of conflict and peaceful accommodation as China grows ever stronger. They look at the changing position of China "from the inside": How do Chinese policymakers evaluate the contemporary international order and what are the regional and global implications of that worldview? The authors also address the implications of China's increasing power for Chinese policymaking and for the foreign policies of Korea, Japan, and the United States.




The Power of Renewables


Book Description

The United States and China are the world's top two energy consumers and, as of 2010, the two largest economies. Consequently, they have a decisive role to play in the world's clean energy future. Both countries are also motivated by related goals, namely diversified energy portfolios, job creation, energy security, and pollution reduction, making renewable energy development an important strategy with wide-ranging implications. Given the size of their energy markets, any substantial progress the two countries make in advancing use of renewable energy will provide global benefits, in terms of enhanced technological understanding, reduced costs through expanded deployment, and reduced greenhouse gas (GHG) emissions relative to conventional generation from fossil fuels. Within this context, the U.S. National Academies, in collaboration with the Chinese Academy of Sciences (CAS) and Chinese Academy of Engineering (CAE), reviewed renewable energy development and deployment in the two countries, to highlight prospects for collaboration across the research to deployment chain and to suggest strategies which would promote more rapid and economical attainment of renewable energy goals. Main findings and concerning renewable resource assessments, technology development, environmental impacts, market infrastructure, among others, are presented. Specific recommendations have been limited to those judged to be most likely to accelerate the pace of deployment, increase cost-competitiveness, or shape the future market for renewable energy. The recommendations presented here are also pragmatic and achievable.




China's Energy Strategy


Book Description

A variety of viewpoints is offered in this timely analysis of China's economy and the future shape of Beijing's energy consumption. The authors, all noted authorities in the fields of economics, diplomacy, energy, and defense, consider an unprecedented range of influences and factors to avoid the limitations of looking at the subject myopically or with political bias. They conclude that while energy insecurity could eventually lead to an arms race at sea or even a naval conflict that neither side wants, there is ample room for Sino-American energy dialogue and cooperation in the maritime domain.