China Was Still The Largest Global Energy Consumer
Posted: 07/09/2014 10:07:44 Edited: 07/08/2014 11:07:36 Clicks: 986
On June 8th, BP (British Petroleum) released 2014 global energy yearbook in Beijing. This is the 63rd global energy annual report published by BP. The report showed that global energy demands were increased by 2.3%, slightly lower than historic average in 2013, meaning that global energy was still weak. While China was the largest global energy consumer.
According to the report, petroleum was still main fuel in the world, accounting for 32.9% of total global energy consumption. However, the market share of petroleum had already fallen continuously for 14 years. The share market was the minimum value of energy data published by BP from 1965.
China was the largest energy consumer in the world, accounting for 22.4 of total global energy consumption and 49% of global net growth. Meanwhile, China was also the largest global energy producer whose output accounts for 18.9% of global total supplies. Main produced fuel is coal accounting for 47.4% of total global coal output.
In 2013, China energy consumption was increased by 4.7%, lower than 8.6% of historic average in last ten years. Based on quantity value, China increment in 2013 had exceeded Australian total energy demands.
Otherwise, China energy structure was improved persistently. With the driving of environment protection, Chinese government always stressed to decrease proportion of coal in energy consumption, because of air pollution caused by coal. For that, leading role of coal in energy consumption descended accounting for 67.5% of energy consumption, a new historic record. Petroleum was the second largest fuel consumption, accounting for 17.8% of total energy consumption, minimum value since 1991. In the past ten years, proportion of gas had been up to 5.1%. Proportion of non-fossil energy had reached to 9.6%, growing by 50%.
However, the report also mentioned that China energy import demand had been increased by 15% of total energy consumption last year. Based on data from Chinese government, petroleum external dependency was close to 60% and gas external dependency was about 30%.
For that, Christophe Ruhr, the chief economist of BP showed that high external dependency did not affect energy security. He considered that energy security relied on diversified suppliers means safe reliable energy supply and acceptable prices.
According to the report, petroleum was still main fuel in the world, accounting for 32.9% of total global energy consumption. However, the market share of petroleum had already fallen continuously for 14 years. The share market was the minimum value of energy data published by BP from 1965.
China was the largest energy consumer in the world, accounting for 22.4 of total global energy consumption and 49% of global net growth. Meanwhile, China was also the largest global energy producer whose output accounts for 18.9% of global total supplies. Main produced fuel is coal accounting for 47.4% of total global coal output.
In 2013, China energy consumption was increased by 4.7%, lower than 8.6% of historic average in last ten years. Based on quantity value, China increment in 2013 had exceeded Australian total energy demands.
Otherwise, China energy structure was improved persistently. With the driving of environment protection, Chinese government always stressed to decrease proportion of coal in energy consumption, because of air pollution caused by coal. For that, leading role of coal in energy consumption descended accounting for 67.5% of energy consumption, a new historic record. Petroleum was the second largest fuel consumption, accounting for 17.8% of total energy consumption, minimum value since 1991. In the past ten years, proportion of gas had been up to 5.1%. Proportion of non-fossil energy had reached to 9.6%, growing by 50%.
However, the report also mentioned that China energy import demand had been increased by 15% of total energy consumption last year. Based on data from Chinese government, petroleum external dependency was close to 60% and gas external dependency was about 30%.
For that, Christophe Ruhr, the chief economist of BP showed that high external dependency did not affect energy security. He considered that energy security relied on diversified suppliers means safe reliable energy supply and acceptable prices.
