Energy transition in China: It is necessary to increase natural gas utilization

Abstract

In order to achieve carbon peaking and carbon neutrality, China must speed up its energy transition. To increase natural gas consumption in the next 15–20 years is the most practical choice for China to realize energy transition and fulfill its commitments. To achieve the dual carbon goal, it is necessary to address the questions of ” How much natural gas is needed in China?” and ”How can natural gas be widely developed and utilized?” The authors established a relational model of economy, energy and environment, calculated China’s natural gas demand under the scenario of achieving the dual carbon goal, and analyzed the measures that need to be taken in terms of resource acquisition, infrastructure construction, market expansion, management mode and other aspects based on the characteristics of China’s natural gas industry. The relational model established in this study can quantitatively analyze the energy consumption composition under the scenarios of certain GDP and carbon emissions. The analysis data and conclusions can provide effective information for China’s energy transition and the direction of natural gas development and utilization, and provide methods and means for academic analysis and policy formulation.

Keywords

• China
• Carbon peaking
• Carbon neutrality
• Energy transition
• Natural gas
• Development and utilization policy