China's Energy Revolution in the Context of the Global Energy Transition.

• Superior document: Advances in Oil and Gas Exploration and Production Series
• Place / Publishing House: Cham : : Springer International Publishing AG,, 2020.; ©2020.
• Year of Publication: 2020
• Edition: 1st ed.
• Language: English
• Series: Advances in Oil and Gas Exploration and Production Series
• Physical Description: 1 online resource (734 pages)

Table of Contents

Intro -- Foreword 1 -- Foreword 2 -- Acknowledgements -- Project Chairs -- Project Executives -- Project Core Advisors -- Project Review Expert Panel -- Project Sponsors -- Project Team Leads -- DRC Project Team Members -- Shell Project Team Members -- Contents -- List of Figures -- List of Tables -- 1 Overview: High-Quality Energy for High-Quality Growth: China's Energy Revolution in the New Era -- 1 Global Energy Transitions: Historical Experience and the Latest Trends -- 1.1 Energy Demand Changes with Economic Development -- 1.2 Previous Global Transitions in Energy Supply -- 1.3 Energy Technologies are Undergoing Significant Change -- 1.3.1 The Cost of Clean Energy Technologies is Declining Rapidly -- 1.3.2 New Information and Communications Technologies (Digitalisation) are Increasingly Being Used in the Energy System, with Several Important Implications -- 1.4 Main Characteristics of the New Global Energy Transition -- 1.4.1 Clean and Low-Carbon Energy are Driving the New Global Energy Transition -- 1.4.2 Significantly More Electrification Characterises the New Global Energy Transition -- 1.4.3 Policy Plays a More Important Role in This Energy Transition -- 1.5 Developing and Emerging Economies Can Leapfrog Ahead -- 2 From Quantity to Quality: The Goal and Approach of China's Energy Revolution -- 2.1 The Goal of China's Energy Revolution -- 2.1.1 What is a High-Quality Energy System? -- 2.1.2 Three Characteristics of the Energy Revolution -- 2.2 To Achieve the Energy Revolution, China Needs to Get Five Driving Forces into Play: Four Pillars and International Cooperation -- 2.3 Accelerating the Energy Transition Requires Four Intensifiers -- 2.4 Policy Plays a Crucial Role in Effectively Leveraging the Drivers and Intensifiers of Energy Transition -- 3 Adopt Multiple Measures: A Roadmap for China's Energy Revolution.

3.1 Continuously Improve Energy Consumption Efficiency by Saving First -- 3.1.1 Optimise China's Industrial Structure by Reducing the Proportion of Energy-Intensive Industries -- 3.1.2 Use New Technologies, Processes and Products to Save Energy -- 3.1.3 Introduce Carbon Pricing to Improve Energy Consumption Efficiency -- 3.2 Enable Cleaner Energy Consumption by Using Less Scattered Coal and by Increasing Electrification -- 3.2.1 Substitute Electricity and Gas for Scattered Coal -- 3.2.2 Speed Up Electric Vehicle Development to Promote Clean Energy Consumption -- 3.2.3 Accelerate Electrification by Decarbonisation -- 3.3 Develop a Clean Energy Production Mode Featuring the Efficient Development of Conventional Energy and a Combination of Centralised and Distributed Energy Systems -- 3.3.1 Increase the Proportion of Scientific Coal Capacity -- 3.3.2 Maintain Steady Development of Oil Supply Capacity -- 3.3.3 Significantly Increase Gas Supply Capacity -- 3.3.4 Develop Clean Energy (Mostly Renewable Energy) in a Well-Planned Manner -- 3.4 Gradually Establish an Energy Mix Centred on Conversion to Electricity -- 3.4.1 Increase the Proportion of Renewable Energy (Mostly Wind, Solar and Biomass) and Nuclear Power -- 3.4.2 Encourage the Substitution of Non-fossil Fuel Energy for Oil and Coal -- 3.5 Build an Internet+ Intelligent Energy System -- 3.5.1 Promote Intelligent Energy Consumption -- 3.5.2 Establish Micro-Balancing Systems that Allow Energy End Users to Participate in Energy Markets -- 3.5.3 Accelerate the Construction of Integrated Energy Network Infrastructure -- 3.5.4 Set up Internet+ Intelligent Energy Development -- 3.6 Develop New Energy Technologies that Fully Support the Energy Revolution -- 3.6.1 Continuously Promote the Smart Power Grid -- 3.6.2 Develop New Energy Technologies.

3.6.3 Increase Support for the Development of Energy Storage Technologies -- 3.6.4 Prioritise Nuclear Power Development -- 3.6.5 Make Unconventional Gas a Major Component of New Gas Capacity -- 3.7 Strengthen China's Energy Security by Improving Global Energy Governance -- 3.7.1 Cooperate with and Reform Existing International Energy Governance Organisations -- 3.7.2 Seek G20 Support to Facilitate the Energy Transition by Aligning Global Energy and Climate Governance -- 3.7.3 Reduce the Risk of Investing in Partner Countries to Improve China's Energy Security -- 3.7.4 Strengthen Global Electricity Cooperation -- 4 Systematically Build a High-Quality Energy System: Policy Suggestions for Promoting the Energy Revolution -- 4.1 Structural Change Is Necessary for China's Energy Revolution -- 4.1.1 Strategic Goals -- 4.1.2 Strategic Priorities -- 4.2 Create a Nationally Unified and Dynamic Carbon Trading Market -- 4.2.1 Improve the System of Laws and Regulations to Increase Regulatory Capacity -- 4.2.2 Coordinating the Cap and Quota Structure Correctly -- 4.2.3 Establish a Unified Trading Platform and Pricing Mechanism -- 4.3 Create a Unified, Efficient and Flexible Electricity Market -- 4.3.1 The Goal of Electricity Market Reform -- 4.3.2 Establish an Efficient Pricing Mechanism -- 4.3.3 Launch Market Trials Progressively -- 4.3.4 Optimise the Power Management Structure -- 4.4 Reform and Improve New Energy Subsidy Policies -- 4.4.1 The Combination of Carbon Pricing and New Energy Subsidy Policies Can Deliver Better Results -- 4.4.2 Continuously Improve and Implement Non-fossil Energy Subsidy Policies -- 4.5 Build a New System for Oil and Gas Management and Operation -- 4.5.1 Reform the Mining Rights Management System for Oil and Gas to Help Create a Mining Rights Market.

4.5.2 Accelerate Reform of the Natural Gas Pipeline Network and Build an Independent and Diversified Oil and Gas Infrastructure Market -- 4.5.3 Improve Oil and Gas Pricing Mechanisms and Progressively Deregulate Oil and Gas Pricing -- 4.5.4 Standardise Government Administration and Create an Effective Regulatory System for Oil and Gas -- 4.5.5 Improve China's Energy Emergency Response System and Increase Its Strategic Oil Reserves -- 4.6 Deepen Reform of the Coal Industry -- 4.6.1 Restructure National Coal Authorities -- 4.6.2 Improve the Regulatory System -- 4.6.3 Build a Market Information Network -- 4.6.4 Deepen the Reform of State-Owned Coal Companies -- 4.7 Speed Up Reform of State-Owned Energy Companies -- 4.7.1 Accelerate Reform of State-Owned Energy Companies by Improving Investment Efficiency -- 4.7.2 Help State-Owned Energy Companies Become Stronger and More Competitive -- 4.7.3 Make Reform Breakthroughs by Tackling Key Issues -- 4.8 Enhance China's Engagement in Global Energy Governance -- 4.8.1 Develop Strategies for, and Engage Deeply in, International Energy Governance Organisations -- 4.8.2 Strengthen China's Capacity to Participate in Global Energy Governance -- 4.8.3 Create a Spirit of Openness and Accept that the International Energy Market Can Ensure Energy Security Under Normal Conditions -- 2 Special Report 1: A Study of China's Energy Supply Revolution -- 1 Definition Implications of the Energy Revolution -- 1.1 Elements of the Energy Revolution -- 1.1.1 Defining the Energy Revolution -- 1.1.2 Definition and Elements of the Energy Supply Revolution -- 1.1.3 Implications of the Energy Revolution for China -- 1.2 Characteristics of the Energy Revolution -- 1.2.1 Key Characteristics -- 1.2.2 Drivers -- 1.3 Evaluating the Energy Revolution -- 1.3.1 Energy Revolutions in Four Countries -- 1.3.2 Timelines of the Energy Revolutions.

1.3.3 Pathway Options for Energy Revolution -- 1.4 Pathways to Energy Revolution -- 1.4.1 Economic Development, Energy Security and Environmental Protection -- 1.4.2 Scenarios for China's Energy Revolution -- 1.4.3 Outlook for China's Energy Revolution and Scenario Analysis -- 1.5 Impacts of the Energy Revolution -- 2 Precedents and Prospects of International Energy Revolutions -- 2.1 Energy Companies in Transition-Responses to Future Trends -- 2.1.1 Introduction -- 2.1.2 Future Trends in the Oil and Gas Industry -- 2.1.3 Case Studies of Responses in Other Sectors -- 2.1.4 Conclusions and Implications for China -- 2.2 Electricity Grids in Transition -- 2.2.1 China's Network Arrangements -- 2.2.2 Key Principles of Efficient Network Provision -- 2.2.3 Roadmap for Efficient Network Arrangements -- 2.2.4 An Introduction to Electricity Networks -- 2.2.5 Challenges in Network Provision -- 2.2.6 Network Arrangements to Address Current Challenges -- 2.2.7 Network Arrangements to Address Future Challenges -- 2.2.8 Country Case Studies -- 3 Drivers, Supporting Conditions and Pathways for China's Energy Revolution -- 3.1 New Features in Energy Development Are the Foundation of the Energy Revolution -- 3.1.1 Slowing Growth in Energy Demand -- 3.1.2 Energy Growth Drivers Are Shifting from Manufacturing to Services and Households -- 3.1.3 Growth of New Energy Business Models Represented by Smart Energy and Internet+ -- 3.1.4 More Clean Energy and Optimisation of the Energy Mix -- 3.1.5 Early Successes in Energy Supply Reform -- 3.2 Five Drivers of the Energy Revolution -- 3.2.1 Changes and Diversification in International Energy Supply -- 3.2.2 Stable Economic Development Is a Solid Foundation for the Energy Revolution -- 3.2.3 Combating Climate Change and Protecting the Environment Are Key Drivers of the Energy Revolution.

3.2.4 Innovation Is an Important Support for the Energy Revolution.