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China and Global Governance Series: China and Global Energy Security

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The world energy market is undergoing tremendous changes in terms of production and consumption, resulting in a new landscape of global energy security. At the same time, renewable energy, smart grids, and hydrogen energy will bring about a new energy geopolitical map. Under such circumstances, countries around the world should accelerate energy transition through innovations in production, consumption, technology, and institutions. They can leverage China’s Belt and Road Initiative (BRI) to further the integration of Asian, European, and African energy markets, and improve common energy security while circumventing potential risks.


About Author

LIU Qiang, Ph.D. in Economics, is senior researcher and director of the Energy Division of the Institute of Quantitative and Technical Economics, the Chinese Academy of Social Sciences (CASS). He is also secretary-general of the Global Forum on Energy Security (GFES) which he co-founded in 2012 with the United States Energy Council and the Institute for the Analysis of Global Security (IAGS); principal professor of the International Seminar on Belt and Road Initiative (BRI) and Energy Connectivity hosted by CASS; and BRI and energy policy consultant of the United Nations Economic and Social Council for Asia and the Pacific.

Table of Contents
List of Exhibits
Preface
Chapter One Energy Security:Concepts and Practices
1.1 Definition and Key Concerns
1.1.1 Definitions
1.1.2 Key Concerns of Energy Security
1.1.3 Principles of Global Energy Security Governance
1.2 Energy Security Policy
1.2.1 Energy Security Policies of Some Major Countries
1.2.2 Review of Energy Security Policy
1.3 World Energy Security Mechanisms and the China Solution
1.3.1 Review of the World's Energy Governance Mechanisms
1.3.2 Main Problems of Current Global Energy Governance
1.3.3 Chinese Program of Global Energy Governance
1.4 China's Contributions and Program on Global Energy Security
1.4.1 Chinas Major Contributions to Global Energy Security
1.4.2 Significance of Chinas Program to Global Energy
Security Governance

Chapter Two Building a Robust,Steady,and Economical
Energy Supply System
2.1 China's Energy Status and Challenges
2.1.1 Basic Conditions of Energy Resources
2.1.2 Main Challenges
2.2 Relying on Domestic and Overseas Resources to Establish
Resource Security
2.2.1 Fully Utilizing Domestic Energy Resources
2.2.2 Optimizing Overseas Resources to Obtain Resource
Guarantees
2.3 Establishing a Strong and Stable Production System
2.3.1 Energy Production Development Strengthens Supply
Guarantee
2.3.2 Continuously Improving Energy Independence
2.3.3 Promoting Energy Production Revolution and Building
a New Clean and Low-Carbon System
2.4 Establishing Comprehensive Basic Infrastructure Service System
2.4.1 Oil and Gas Pipeline Network System
2.4.2 Power Grid Construction
2.5 Effectively Regulating the Market and Ensuring Smooth Economic
Operation
2.5.1 Basic Policy
2.5.2 Promoting Institutional Revolution and Modernization of
Governance System
2.5.3 Oil and Gas System Reform
2.5.4 Power Grid System Reform
2.6 Promoting the Energy Science and Technology Revolution
2.6.1 Main Policy of Technological Innovation of Energy Science 117
2.6.2 Key Tasks

Chapter Three Achieving a High-Efficiency
and Low-Carbon Energy System
3.1 Energy Consumption Revolution Policy
3.1.1 Resolutely Controlling the Total Amount of Energy
Consumption
3.1.2 Adjusting Energy Consumption Structure to Achieve
Clean and Efficient Goals
3.1.3 Deepening Energy Conservation and Emission
Reduction Efforts
3.1.4 Promoting Urban and Rural Electrification
3.1.5 Establishing the Concept of Energy Thriftiness
3.1.6 Structural Adjustments
3.2 Main Practices of the Energy Consumption Revolution
3.2.1 Accelerating Industrial Energy Conservation and
Green Development
3.2.2 Re-electrification Facilitates Energy Revolution
3.2.3 Opening Up to Promote the Energy Consumption
Revolution
3.2.4 Energy Conservation in Transportation
3.2.5 Enhancing Energy Efficiency in Buildings
3.2.6 Energy Eficiency of Energy-Using Equipment
3.2.7 Energy Saving in the Service and Agriculture Industries
of Rural Areas

Chapter Four Achieving Green Energy Transition toward
an Ecological Civilization
4.1 Basic Policy
4.1.1 Building an Ecological Civilization Is an Important Part of
Realizing the Great Rejuvenation of the Chinese Nation
4.1.2 Basic Policy
4.1.3 Building a New Clean and Low-Carbon System
4.2 Main Contents of China's Energy Transition
4.2.1 Transition in the Power System
4.2.2 Transition in the Heating Sector
4.2.3 Transition in the Transportation Sector
4.3 Increasing Clean Energy Consumption
4.3.1 Optimizing Power Supply Layout and Rationally
Controlling the Pace of Power Development
4.3.2 Accelerating the Reform of Power Marketization and
Giving Full Play to the Regulatory Function of the Market 195
4.3.3 Strengthening Macroeconomic Policy Guidance and
Forming an Institutional Mechanism Conducive to Clean
Energy Consumption
4.3.4 Tapping the Power Supply-Side Peak Regulation Potential
and Improving Power System Adjustment Capability
4.3.5 Improving Grid Infrastructure and Giving Full Play to the
Role of Grid Resource Allocation Platform
4.3.6 Promoting Source-Network-Load-Storage Interaction
and the Transformation of Power Consumption Mode

Chapter Five Building an Energy Community with a
Shared Future for Mankind
5.1 Guidelines and Policies
5.1.1 Basic Policy
5.1.2 Opening Up to the World
5.1.3 Promoting the Development of the International Energy
Market
5.1.4 Multilateral Cooperation and Global Energy Governance
Cooperation
5.1.5 Coping with Climate Change Together
5.2 The Belt and Road Initiative
5.2.1 Vision and Actions
5.2.2 Vision and Actions on Energy Cooperation in Jointly
Building the Silk Road Economic Belt and 21st Century
Maritime Silk Road
5.2.3 The Cooperation Principles and Concrete Actions of the
Belt and Road Energy Partnership
5.3 Progress,Contributions,and Prospects of the BRI
5.3.1 Progress and Prospects
5.3.2 Fruitful Energy Cooperation under the BRI
5.4 Global Energy Interconnection(GEI) Initiative
5.4.1 Development Concept
5.4.2 Overall Planning and Implementation Path
5.4.3 Implementing the 2030 Agenda with GEI
Index
Sample Pages Preview
Sample pages of China and Global Governance Series: China and Global Energy Security (ISBN:9787508542300)
Sample pages of China and Global Governance Series: China and Global Energy Security (ISBN:9787508542300)
Sample pages of China and Global Governance Series: China and Global Energy Security (ISBN:9787508542300)

Preface

The second decade of the 21st century has just ended. During this decade, tremendous changes have occurred in global economic and political structures. Geopolitically, conflicts and wars in the Middle East are still ongoing. In the Middle East, although the Islamic State (ISIS) suffered a territorial defeat in Syria, there is still little hope of resolving the Syrian conflict. The Ukrainian crisis triggered the danger of a new war in Europe once again. In 2010 China surpassed Japan to become the world’s second largest economy; it continues to develop at a relatively high rate, making it a foreseeable prospect that it will surpass the United States to become the largest economy in the world. Beyond the changes in global economics and politics, the driving force for major changes in the world is technological progress. NASA’s In Sight landed on Mars, and China’s Chang’e-4 was launched on a mission to the far side of the Moon. 5G technology is ready to be rolled out, and genetic engineering experiments are pushing ethical limits. All these developments show that the world is changing at an accelerating pace and that technological progress will bring us into a new era of uncertainty.

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China and Global Governance Series: China and Global Energy Security
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