Views: Pros and Cons Topic Map Slideshow

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Category: Engineering
Tags: ELC 2501
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Energy resources are not sufficient to fuel China's economic growth  
  • because: China's economic growth has been running at about 9% p.a, while energy demand was up 15%p.a. and oil imports grew at 30% p.a. (Andrews-Speed (2007) ) +56.45%

  • but: the Three Gorges Dam, which is the largest hydroelectric river dam in the world, will produce electrical energy that is needed for China's economic growth  +48.39%

  • because: China’s energy sector has a number of intrinsic weaknesses  +45.97%

    • because: China has a shortage of domestic oil and gas reserves relative to current and future demand (www.feer.com) +53.23%

    • because: there exists in the nation geographic mismatch between the location of primary energy resources and the main centers of demand (www.feer.com) +50%

  • because: China needs ever more oil to fuel its explosive economic growth (news.bbc.co.uk) +44.36%

    • because: China is now the world's number two oil importer (news.bbc.co.uk) +67.74%

  • because: there is always fuel shortage in China recent years (www.reuters.com) +40.06%

    • because: The government raises prices to curb demand and encourage refiners to produce more (ap.google.com) +55.38%

      • because: In the recent months,the government has raised the oil price for several times, that mean the demand of oil is very large and there is not enough supply of oil  +64.52%

    • because: the cities in China are developing very rapidly  +33.87%

  • because: China is world’s 2nd largest consumer of energy, but its rate of increase of demand is some four to five times that for the rest of the world (www.feer.com) +37.1%

  • but: China still has a lot of potential renewable energy resources yet to be extracted  +28.84%

    • because: it is estimated that the total potential wind power generating capacity in China equals the power generating capacity of 50 Three Gorges Dam (>10m MV)  (Wikipedia (2019)) +61.29%

    • because: it is estimated that biomass energy from agricultural waste, straw and waste from cities alone in China may exceed 500 m MT of coal equivalents  (Wikipedia (2019)) +21.78%

  • but: new oil resources are constantly being discovered in China  +4.03%

    • because: the new discoveries and production are not able to offset current depletion of oil reserve in the country due to its rapid economic growth (Simmons (2006) ) +53.23%

    • because: PetroChina has just discovered in an offshore field in Bohai Bay with proven reserves equal to about 10 per cent of the country's oil and gas reserves (Chan (2007) ) -53.23%

  • but: China consumes less energy with fast economic growth (www.china-embassy.org) +3.23%

  • but: China is the world's biggest coal producer (www.china-embassy.org) -14.92%

    • but: China's coal stockpile has plunged to its lowest level in 20 years (news.bbc.co.uk) +59.68%


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