Subscribe free to our newsletters via your
. Space Travel News .




ENERGY NEWS
Chinese researchers propose energy strategy revamp
by Staff Writers
Beijing (UPI) Feb 13, 2013


disclaimer: image is for illustration purposes only

The director of a Chinese government research institute has suggested China revamp its energy strategy to secure its energy future.

Li Wei, head of the Development Research Center of the State Council, China's Cabinet -- in a paper published in the People's Daily newspaper -- called for a "secure, green and efficient" system of energy production and consumption in China, Xinhua News Agency reported Wednesday.

While growth of China's energy demand will experience a slowdown because of the cooling of its economy, China will continue to depend more on foreign suppliers of oil and natural gas, says Li's report, "Foreseeing and Analyzing China's Future Energy Development."

Li's report calls for China to set clear strategic goals to limit dependency on foreign oil and natural gas.

Li says as much as 75 percent of China's oil could be imported by 2030, and its dependency on foreign natural gas will also rise rapidly, raising energy security concerns.

The U.S. Energy Information Administration projects China's oil consumption will continue growing at a "moderate pace" through 2014 to approximately 11.1 million barrels per day and that its net oil imports will reach 6.6 million barrels per day compared to 5.5 million barrels per day for the United States.

"China has the largest oil and gas production in the Asia-Pacific region and the largest coal production in the world, but the country's escalating energy demand is increasing its reliance on imports and need to secure more energy supplies," the EIA said in a statement last week, China Daily reports.

Li warns in his report that China's energy supply risks might be worsened by complicated and volatile geopolitical circumstances.

"Rising risk for the energy transportation routes will pose new challenges which will be directly affected by geopolitical risks in the neighboring regions, the Middle East and Africa," he wrote.

Although the United States has become more energy independent, it is still likely to continue its grip on oil resources in the Middle East, says Xinhua's report on Li's article.

Xinhua's report notes that the United States' reduced dependence on foreign oil will encourage the United States to advance its agenda in the Middle East region, thus making the world's energy market even more unpredictable.

The EIA says the Middle East remains China's largest source of crude oil imports, supplying 2.9 million barrels per day, or 52 percent in 2013.

The Xinhua report says Li's article is based on two years of research led by the Development Research Center and supported by more than 70 experts, including individuals from Royal Dutch Shell, Harvard University and Tsinghua University.

.


Related Links







Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY NEWS
Research reveals the give and take of urban temperature mitigation
Tempe AZ (SPX) Feb 12, 2014
Life in a warming world is going to require human ingenuity to adapt to the new realities of Earth. Greenhouse-gas induced warming and megapolitan expansion are both significant drivers of our warming planet. Researchers are now assessing adaptation technologies that could help us acclimate to these changing realities. But how well these adaptation technologies - such as cool roofs, green ... read more


ENERGY NEWS
Russia-Kazakhstan Working Group to Report on Proton Launches

Russian Telecoms Satellites Readied for March Launch

Ariane 5's heavy-lift mission is an on the numbers launch success

Antrix to launch UK and Singapore satellite using India's Polar Satellite Launcher

ENERGY NEWS
ASU Mars camera to get new views of Red Planet

Russian-European spacecraft to go on Martian mission in Jan 2016

Flowing Water on Mars Appears Likely But Hard to Prove

NASA Mars Orbiters See Clues to Possible Water Flows

ENERGY NEWS
Source of 'Moon Curse' Revealed by Eclipse

NASA bets on private companies to exploit moon's resources

Astrobotic Begins Testing at Masten Space Systems

NASA Extends Moon Exploring Satellite Mission

ENERGY NEWS
Thanks America, New Horizons Ahead

Countdown to Pluto

A Busy Year Begins for New Horizons

ENERGY NEWS
Kepler Finds a Very Wobbly Planet

One planet, two stars: new research shows how circumbinary planets form

First Weather Map of Brown Dwarf

NASA-Sponsored 'Disk Detective' Lets Public Search for New Planetary Nurseries

ENERGY NEWS
Orion Stage Adapter Aces Structural Loads Testing

Teledyne unit wins $60 million contract to build NASA launch adapter

NASA Selects Space Launch System Adapter Hardware Manufacturer

Boeing to Mentor AMRO Through NASA Mentor-Protege Program

ENERGY NEWS
China's Jade Rabbit rover comes 'back to life'

Yutu Awakes

Moon plays trick on Jade Rabbit

Waiting for Yutu

ENERGY NEWS
Russian scientists break ground in new asteriod discovery

The Anatomy of an Asteroid

Getting ready for asteroids

Riding a blue-green wake of xenon to Ceres




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.