Volkswagens Golf electric cars and Touareg hybrid cars pass by Tiananmen Square in Beijing, China, 6 April 2011. Volkswagen China announced that the first demonstrative electric car motorcade of Volkswagen worldwide will be in Beijing.
AP Photo
"Oil Development in China: Current Status and Future Trends"
Journal Article, Energy Policy, volume 45, pages 43-53
June 2012
Authors: Linwei Ma, Feng Fu, Former Associate, Energy Technology Innovation Policy research group (ETIP), 2011–2012; Former Research Fellow, ETIP, 2010–2011, Zheng Li, Pei Liu
Belfer Center Programs or Projects: Energy Technology Innovation Policy; Environment and Natural Resources; Science, Technology, and Public Policy
ABSTRACT
The future of oil has become an important topic of the discussion of energy policy in China. This paper attempts to present a full picture of the current status and future trends of China's oil development through system analysis. First, we map a Sankey diagram of China's oil flow to reveal the physical pattern of China's oil supply and consumption. Then, we present the historical and ongoing trends of China's oil flow from key aspects such as oil demand, oil resource availability, technology improvement, and policy adjustment. Based on these understandings, we design three scenarios of China's oil demand in 2030, and analyze policy implications for oil saving, automotive energy development, and energy security. From the analysis, we draw some conclusions for policy decisions, such as to control the total oil consumption to avoid energy security risks, to enhance oil saving in all sectors with road transportation as the emphasis, and to increase the investment on oil production and refining to secure oil supply and reduce emissions.
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For Academic Citation:
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