The U.S. Commercial Service China Energy Team put this page together and we are happy to provide you with more service based on your queries. Below we have information about four key areas: Oil & Gas, Power Generation, Coal & Mining and Clean & Renewable Energy.
Energy Newsletter
Monthly e-newsletter featuring information and analysis on China’s energy market, project alerts, highlights from the U.S. Mission in China and U.S. Department of Commerce and U.S. Government activities in the sector, and a listing of upcoming events and activitiesnews, policy updates, and promotion events. Subscribe today!
http://www.china-greentech.com/tiki-index.php?page=homepage
The U.S. Commercial Service in China is a strategic advisor and sponsor of The China Greentech Initiative, a collaboration among green technology companies and organizations that endeavors to uncover, create and promote greentech opportunities in China. The group has produced The China Greentech Report, an actionable roadmap for the development of China's greentech markets outlining how to invest in and commercialize greentech opportunities in China.
- Industry Overview
- Exploitation
- Refining
- Natural Gas
- Major Trade Shows
- Useful Websites
- U.S. Commercial Service Contacts
China’s oil & gas industry is subject to a high degree of government control. The market is dominated by three large SOEs: Sinopec, China National Petroleum Corporation (CNPC / PetroChina) and China National Offshore Oil Corporation (CNOOC). CNPC spun off most of its assets and liabilities related to exploration and production, refining and marketing, chemicals and natural gas businesses to PetroChina in 1999. PetroChina is the listed arm of CNPC. Sinopec’s activities are largely downstream (refining & petrochemicals), while CNPC’s and CNOOC’s are mostly upstream (exploration & exploitation); CNPC deals with onshore exploitation while CNOOC is engaged in offshore (and overseas) exploitation. In terms of processing, Sinopec controls 60% of total crude distillation capacity, while PetroChina accounts for 38%. The remainder is processed by smaller refineries. The natural gas market in China is developing rapidly due to increases in demand from the chemicals industry and household needs for heating and cooking fuel. Still, natural gas accounts for only 3% of the energy mix, though the government is seeking to increase that proportion.
- Industry Overview
- Best Opportunities
- Chinese Regulator
- Key Contacts
- Useful Websites
- Major Events and Trade Shows
- U.S. Commercial Service Contacts
In 2007, China’s energy supply and demand both surged ahead at an amazing pace in the shadow of its 11.4% GDP growth. Total energy consumption increased by 7.8% equivalent to 2.65 billion tons of standard coal while the amount of electric power generated grew by 14.1% in 2007, to 326.32 million kWh. Thermal power still accounts for the bulk of the energy generated, 83%, followed by 14% from hydro, 2% from nuclear and less than 0.1% from wind power.
- Industry Overview
- Market Opportunities
- Best Prospects
- Major Shows & Exhibitions
- Useful Websites
- Key Industry Contacts
- U.S. Commercial Service Contacts
China is rich of coal resources. China’s verified exploitable reserves reached 1.3 trillion tons in 2008. China is heavily reliant on coal, which accounts for 70% of the country’s preliminary energy consumption, 40% higher than the world’s average. The proportion of oil, gas and nuclear accounts for 20%. In addition to coal-fired power generation, coal is critical to the development of China’s metallurgical, building materials and chemical industries.
- Industry Overview
- Energy Consumption and Efficiency
- Regulatory Environment
- Market Opportunities
- Major Show and Exhibitions
- Useful Websites
- Key Industry Contacts
- U.S. Commercial Service Contacts
China’s rapid economic growth has been accompanied by widespread pollution and environmental degradation. This, combined with limited energy resources and inefficient use of energy, has caused the central government to make clean technologies and energy efficiency a strategic priority starting in 2005. In the 11th Five-Year Plan (2005-2010), the government has set targets of reducing energy intensity per unit of GDP by 20% and reducing emissions for major pollutants (e.g. carbon dioxide and sulphur dioxides) by 10%. To achieve these goals, the government is continuously drafting and implementing laws in all energy sectors.