Energy transformation and cooperation in the new situation

On December 1, CNPC Economic and Technological Research Institute (a national high-end think tank) and S&P Global successfully held the "2022 International Energy Development Summit Forum"
.
With the theme of "Energy Transition and Energy Cooperation in the New Situation", more than 30 experts and scholars from government departments, central energy enterprises, international counterparts, high-end think tanks and universities participated in the forum and shared their views
.
Zhang Jianhua, Director General of the National Energy Administration of China, Dai Houliang, Chairman of CNPC, and H.
E.
Ali Zahiri, UAE Ambassador to China, attended the meeting and delivered speeches
.
The forum was held in the form of a live webcast, with nearly 2.
6 million people watching the live broadcast online, covering Asia, Europe, America and Oceania
.
Moreover, the forum was held shortly after the 20th National Congress, and how to interpret China's energy development after the 20th National Congress has become one of the topics of
focus of the conference.

Zhang Jianhua pointed out in his speech that maintaining energy security, protecting the ecological environment and responding to climate change are common challenges
facing the world.
Based on the basic national conditions and energy resource endowments, China adheres to the principle of establishing first and then breaking, and orderly promotes the optimization and adjustment of the energy structure, and has achieved remarkable results
in the high-quality development of energy.
China's energy self-sufficiency rate has always remained above 80%, and the world's largest clean power generation system has been built, and on the basis of ensuring the safety and stability of the energy market, it has unswervingly promoted the green and low-carbon transformation and development
of energy.
He fully affirmed the cooperation and research between Chinese and foreign energy think tanks in energy industry strategic planning, market analysis, technology development and other aspects, and played an important supporting role
in promoting global energy transformation and promoting energy pragmatic cooperation.

Dai Houliang said in his speech that the energy transition process is more complex and challenging than people expected, and handling the relationship between energy transition and energy security will be a prominent task
for energy development in the current and future period 。 PetroChina has always adhered to the value pursuit of "green development, energy dedication, increasing the momentum of customer growth, and empowering people's happiness", and continuously improves the capacity and quality of clean energy supply; Consolidate the resource base and continuously improve the oil and gas supply capacity; Adhere to green and low-carbon development, and actively and steadily promote carbon peaking and carbon neutrality; Deepen all-round and mutually beneficial cooperation with international counterparts and build a closer partnership
for green development.

Ali Zahiri said in his speech that the UAE is committed to cooperation and innovation in the changing energy cooperation
.
Although its economy was once dominated by oil production, it has been committed to diversifying
its industries by transitioning to a sustainable and green economy.
The UAE already has the lowest cost solar power in the world and has 3 of the largest solar facilities
.
It is hoped that the UAE and China will continue to accelerate cooperation in
new and exciting areas.
Huang Yongzhang, Deputy General Manager of CNPC and President of China Petroleum Corporation, presided over the speech session
.

Development and security are the topics
of common concern of the guests of this forum.
In his keynote speech entitled "New Picture: Global Geopolitical Insights and Future Energy Trends", Dr.
Daniel Yergin, Vice Chairman of S&P Global, said that energy security is attracting renewed attention, and promoting energy transition and ensuring energy security is a practical issue
that many countries must face.
The oil and gas industry plays a decisive role in the energy transition, including providing safe, stable and cleaner oil and gas resources
.
Wang Yiming, Vice Chairman of the China Center for International Economic Exchanges, emphasized in his keynote speech entitled "Interpretation of China's Economic Policies and Energy Situation in the New Era (After the 20th National Congress)" that to promote carbon peaking and carbon neutrality, the green and low-carbon transformation of energy should be the core, and the most important thing in energy security is that resources are reliable and sustainable
。 Sun Longde, academician of the Chinese Academy of Engineering and chief expert of PetroChina's national high-end think tank, said in his keynote speech entitled "Sino-US Energy Cooperation under the New Situation" that energy issues are related to the global political and economic pattern, energy transition is the trend of the times, and China and the United States, as the world's largest energy producers, consumers and carbon emitters, join hands in energy transformation cooperation to jointly address climate change is the only way
.
Oil and gas are the cornerstone of Sino-US energy cooperation, and China and the United States have the characteristics of "complementary supply and demand", and there is huge space and potential
for cooperation.

Chinese and foreign guests also conducted full exchanges and dialogues on the two topics of "Development and Security under Global Energy Transition" and "New Trends of Global Energy Market and Energy Cooperation", and put forward many unique insights and suggestions
on the construction of a new energy system, green and low-carbon transformation of energy, electrification of terminal energy consumption and power security, commodity market trends, and geopolitical situations.

The organizers also released three new research reports at the forum, namely S&P Global's Global Macroeconomic Outlook, CNPC's World and China Energy Outlook and Global Energy Security Report
.
Zhang Hualin, assistant general manager of CNPC and executive director of the Economic and Technological Research Institute, presided over the release of the report, and said that these results are all world or annual premieres, reflecting the higher expectations of the organizers for the forum, energy security is the most urgent challenge in the field of global development, and it is necessary to enhance the inclusiveness of energy development and improve system resilience
。 Yu Guo, President of CNPC Economic and Technological Research Institute, and Dave Ensberg, Global Head of Commodity Market Insights and Trading Solutions at S&P, concluded the forum by emphasizing that development is a common aspiration, energy transition is a global consensus and common pursuit, and coordinating energy security and energy transition has become a major responsibility of the energy industry, and strengthening cooperation is the only way
to cope with challenges in the energy sector.

This forum is the ninth time that the International Energy Development Summit Forum has been held since 2013, and its scale has been continuously expanded and its influence has been continuously enhanced
.