China - Energy Security Flashcards
What percentage of China’s energy consumption is coal?
60%
What percentage of China’s energy consumption is oil?
30%
What percentage of China’s energy consumption is hydro?
35%
What percentage of China’s energy consumption is renewables?
5%
In what year did China not import oil?
1993
By what year will China import as much oil as what country?
2030 - will import as much oil as the US
China need their energy so they do not mind making deals with what countries in order to get their supply?
Iran, Burma and Venezuela - Middle Eastern countries in general
What is Chinas economy largely based on?
Manufacturing
Chinas net imports are expected to jump to what number of barrels per day?
19.1 million barrels in 2030 - from 5.4 million in 2006 (more than the USA and Japan import)
What percentage of the worlds oil reserves does China control?
3%
What percentage of energy does HEP account for?
16% of China’s energy production - e.g. the three gorges dam
China rely on what percentage of coal for electricity generation?
70% - huge demand means that China is on average building 3-coal fired power stations a week. - This creates environmental problems.
In 2001, China accounted for what percentage of global energy demand?
10% - 2007 it was 15%
In what year did China develop an ‘Open-Door Policy’?
1986
What is the ‘Open-Door Policy’?
For overseas investment
