On January 13, a construction site for a 20-megawatt offshore wind turbine unit is observed in the coastal waters of Fujian Province, southeast China. Lin Shanchuan/Xinhua/Getty Images
For over ten years, leader Xi Jinping has managed a change in the Chinese economy with a single objective: ensuring energy security.
In line with that vision, China has initiated a renewable energy transformation through wind, solar, and hydropower, explored deeper into both offshore and onshore oilfields, and established agreements with partners for increased supply – all to reduce the nation’s dependence on imported fuel and protect it from “external shocks.”
Currently, the historic oil crisis instigated by the war between the United States and Israel against Iran is presenting the toughest challenge thus far to China’s ambitious pursuit of energy self-sufficiency. It seems that China is succeeding in this test.
As fuel-deprived nations throughout Asia have rushed for resources, China – the globe’s top energy purchaser – has maintained large reserves of oil, an industrial sector predominantly dependent on local energy and a growing number of vehicles increasingly driven by electricity rather than gasoline.
Learn more about China’s multifaceted efforts to ensure energy security.
About the Author
