Topic

China energy securityi

China must ensure an adequate supply of energy, including coal, gas and crude oil, to support its 1.4 billion people. According to the 14th five-year plan for 2021-25, China must supply more of its own energy needs by 2025, while advocating for larger domestic oil and gas production and clean energy cooperation with other countries, including the United States.

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  • China’s action plan aims to improve energy conservation and reduce carbon dioxide emissions for the next two years
  • China’s wind turbine and solar panel manufacturers have been struggling with oversupply issues because of US and EU import restrictions
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Four industrial sectors have been singled out – steel, petrochemicals, non-ferrous metals, and building materials – with new capacity strictly prohibited or restricted in certain subsectors.

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Bilateral trade, an important lifeline to Russia since it invaded Ukraine, is already at a record US$240 billion, with China its largest customer for crude oil.

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After his visit to Beijing to sign US$6 billion shipbuilding deal, Saad bin Sherida al-Kaabi reports friendly meetings and good prospects for further cooperation.

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The success of the station could have big implications for the industry, as the new technology is seen as a promising alternative to resource-dependent lithium batteries.

French President welcomes Beijing’s commitment to ‘refrain from selling any weapons or aid’ to Russia, but commerce official reinforces the need to enhance bilateral trade.

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Oil consumption in China’s transport sector will peak next year ‘at the latest’ as rapid adoption of electric vehicles (EVs) pulls the plug on petrol consumption, according to the nation’s largest oil and gas producer.

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Rainfall in the southwest province of Yunnan, which is one of China’s leading hydropower producers, fell by 42.3 per cent compared to normal levels this year.

New deep-sea mobile operation can reportedly drill to a depth of 9,085 metres, a record for China as Beijing looks to rely less on imported oil and gas amid rising geopolitical uncertainties.

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Report on state broadcaster CCTV says last year two people working in the rare earths sector were jailed for 11 years or more for stealing state secrets.

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A drought in China’s southwest has stoked fears the dry period could have severe knock-on effects, with agriculture, hydroelectric power and aluminium production all facing potential shortfalls.

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China’s 2025 decarbonisation goals are in danger of veering off track after policymakers redefined a key energy target that could drive emissions higher, climate experts warn.

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CLP will source more nuclear energy from China’s Guangdong province to feed its power grid and sees business opportunities in decarbonisation as it phases out coal-based assets.

Power grid and railway infrastructure improvements in a strategically important area of China’s Tibet autonomous region, which borders India, are urgently needed, according to a ‘two sessions’ delegate.

Ahead of the biggest political event of the year, China’s energy security gets more play against the backdrop of international criticism and fresh warnings from the United States.

China’s installed capacity for wind and solar energy will exceed that of coal for the first time by the end of this year as Beijing remains on track towards sourcing 80 per cent of its energy needs from non-fossil fuel sources by 2060, when the world’s second-biggest economy plans to be carbon-neutral.

Drilling finds what looks to be the foundation for a new oil-and-gas resource base in a central region, and it should help the world’s biggest industrial producer reduce its reliance on oil imports.

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China’s energy storage sector nearly quadrupled its capacity from new technologies such as lithium-ion batteries over the past year, after attracting more than 100 billion yuan (US$13.9 billion) in direct investment over the past couple of years.

Proof-of-concept subsidy scheme to launch in first half of year to provide early-stage funding for pre-commercial companies focusing on the collection and analysis of sustainability data.

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‘Everything is in place and heading towards a 130-to-140 million-tonnes market’ after 2023 import volume rose 12.6 per cent, says senior company official.

Huge discovery of the silvery-white alkali metal known as ‘white gold’ is expected to make its way to China’s battery makers, heating up a global resource race as Thailand also boasts a big lithium find.

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Along with the company, collaborative innovation consortium of 25 entities and led by CNNC will help overcome key challenges in nuclear fusion field.

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First 100km of line pipes for the massive cross-border EACOP project have arrived in the port of Dar es Salaam in Tanzania. Environmental and rights groups say pristine ecosystems, biodiversity hotspots, water resources and community land are under threat.

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