能源、石油和电力.pdfVIP

| En Ergy, Oil and POw Er | Energy, Oil and Power Introduction s outlined in the 12th Five-Year Plan, China company expenditures on mergers and acquisitions totaled must ensure adequate supplies of energy and nearly US $15 billion (RMB 98 billion) in 2009 alone, and power to maintain continued strong economic are expected to surpass US $20 billion (RMB 131 billion) in A growth. The Chinese government plans to 2010. make large investments in renewable and clean energy technology to broaden its portfolio of energy resources and “Emerging Energy” Policy enhance economic security. However, China is likely to rely heavily on traditional energy, oil and power for the foresee- Domestically, an “emerging energy” policy has begun to able future. The government will likely invest extensively in take shape that highlights the importance of developing advanced energy technologies related to oil exploration and non-petroleum and non-coal based technologies and fuels. nuclear power (notwithstanding a temporary moratorium This new approach marks an effort to meet the govern- on new nuclear projects following the Japan earthquake ment’s goal for non-fossil energy to supply 15 percent of crisis), while also encouraging state-owned energy firms to primary energy consumption by 2020. procure new energy resources abroad. During the financial crisis of 2009, the government s Over the past year, the Chinese central and regional govern- fo