Lecture | Jin Zhijun: Current Situation and Future Outlook of the Energy (Oil and Gas) Industry

Lecture | Yang Lei: New Energy Situation and Future - International Dynamics and the Road to China

In the last class of this semester, the elective course "Natural Resources and Social Development" will invite Mr. Yang Lei, Vice President of Energy Research Institute of Peking University, to give a lecture on "New Energy Situation and Future - International Dynamics and China's Way".

STEPS TOWARDS LIBERALIZATION OF CHINA'S NATURAL GAS MARKET IN THE 14TH FIVE-YEAR PLAN

China's natural gas market reform has taken a significant step forwards, with the establishment of the National Oil and Gas Pipeline Network Corporation, (PipeChina) in December 2019, as this is considered a milestone for gas infrastructure unbundling. Following this first step, further liberalization will be a key goal in the 14th five-year plan (FYP), spanning 2021– 2025, which is being drafted in 2020. While the government is currently laying the policy framework for the pipeline compa...

Thinking on General Trends of Energy Development and Directions of Energy Science and Technology

JIN Zhijun , BAI Zhenrui , YANG Lei Abstract The development of energy science and technology has profound impacts on the future energy pattern, and the outlook of energy development is of great significance to national policy-making and corporate strategic planning. Based on the analysis of the current situation and development trend of energy sector, this study summarizes the five characteristics of energy transformation: diversification, decarbonization, decentralization, digitalizat...

Thinking on the Market-oriented Development Model of China's Natural Gas Industry

QI Aihua ,YANG Lei Abstract: There are still different opinions on the development mode of the market-oriented development of China’s gas industry. This paper argues that the foundation for the market-oriented development of China’s gas industry is still rather weak, and the market-oriented reform will go through a long and gradual process, so it is important not to be too hasty. China has a vast territory and uneven regional development is a serious problem. We can learn from foreign m...

Achieving China’s “X+1+X” gas reform target through the development of regional gas hubs

CHEN Xinhua , YANG Lei , JING Chunmei , LIU Manping Abstract： To achieve the “X+1+X” gas reform target, China should allow different regions to try out different models to form the last X, i.e. competitive downstream market. After reviewing the European experiences in building gas hubs based on virtual trading point, this paper suggests to use Zhejiang province as a pilot, integrating the interconnected provincial pipeline network, the LNG receiving centre and the gas trading platform, ...