1. Opportunities and Challenges in transition of fossil energy system
Wei Yuxiang
Vice President CNPC Kazakhstan
General Manager of CNPC Kazakhstan B.V. Branch
Astana
September 2017

2. Analysis
The Practices
Transition of energy system in China

3. Fossil fuel will last a longer period
- fossil energy will take 77% of global primary energy consumption in the year of 2050
Share in Primary Energy Consumption
Coal
Nuclear
Oil
Water Power
Natural Gas
Renewable
Year

4. Oil consumption in developed countries will decline
- Proportion OECD countries comprising global oil consumption reduce to 37% in 2035, and to 32% in 2050.

5. Emerging economies will be sources to stimulate fossil fuel demands
- 1.5 billion more people than today need to be supplied with energy resource additionally in 2035

6. Analysis
The Practices
Transition of energy system in China

7. Denmark goes for Zero Carbon
- Today, Danish onshore wind power utilization has surpassed all renewable energy sources, serving as the cheapest source of energy for its newly increased generators.

8. Germany on the renewable
- Germany is expecting 60% of energy consumption would come from the renewable by the year of 2050

9. Analysis
The Practices
Transition of energy system in China

10. Coal consumption in China has entered the period of peak
- The peak perhaps has arrived earlier
Coal Consumption in China During Past 10 years

11. Oil Supply Answers to Demand
- Demand of oil products will increase in 10 years time and there are higher quality requirements to meet
Jet Fuel

12. Natural Gas –Main Energy Source in Future
- Clean and at demand
Production
Growth Rate

13. Renewable Energy in China
Possibility of replacement.
Inclusive for all.

14. The Guiding Ideology for Near Future Go green for fossil fuel
Equal importance for economic development and energy system transition.
Optimize development
Reform and policy
Electricity and NG
Innovation
Supply by demand
Promote NG consump-tion
Go green for fossil fuel
New energy
中国“十三五”能源转型综合施治

15. Thank you for your attention！