The Bank's Assistance to China's Energy Sector
China is the second largest energy consumer in the world and the largest producer and consumer of coal. Owing to its large coal resources, it is and will remain in the foreseeable future largely energy self-sufficient, although crude oil imports ha...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2005/04/20106095/banks-assistance-china s-energy-sector http://hdl.handle.net/10986/20206 |
| id |
okr-10986-20206 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ABSORPTIVE CAPACITY ACCESS TO ELECTRICITY ACCOUNTABILITY ACCOUNTING ADMINISTRATIVE CONTROLS AIR POLLUTION ALTERNATIVE USES APPROACH ASSET OWNERSHIP AUDITING AUDITORS AVAILABILITY BALANCE BIOGAS BOILERS BULK POWER BULK POWER MARKETS CAPACITY BUILDING CAPACITY UTILIZATION CAPITAL COSTS COAL COAL MINING COAL PRODUCTION COAL RESOURCES COAL WASHING COGENERATION COMPETITIVE ENERGY COMPETITIVE POWER COMPETITIVE POWER MARKET COMPETITIVE POWER MARKETS COMPREHENSIVE ENERGY PLANNING CONGESTION CONSUMER OF COAL CONTRACTUAL ARRANGEMENTS CRUDE OIL DISTRIBUTION COMPANY DISTRIBUTION FUNCTIONS DISTRIBUTION SYSTEM DISTRIBUTION SYSTEMS DISTRICT HEATING DISTRICT HEATING SYSTEMS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC REFORM ECONOMIC REFORMS ECONOMIES OF SCALE ELECTRIC INDUSTRY ELECTRIC POWER ELECTRIC POWER GENERATION ELECTRIC POWER PRODUCTION ELECTRIC POWER SECTOR ELECTRICITY CONSERVATION ELECTRICITY COUNCIL ELECTRICITY DEMAND ELECTRICITY INDUSTRY ELECTRICITY MARKET EMPLOYMENT ENERGY CONSERVATION ENERGY CONSUMPTION ENERGY EFFICIENCY ENERGY INTENSITY ENERGY INVESTMENTS ENERGY OUTPUT ENERGY PLANNING ENERGY POLICY ENERGY PRICES ENERGY PROGRAMS ENERGY SECTOR ENERGY SERVICES ENERGY STRATEGY ENERGY SUPPLY ENVIRONMENTAL PROTECTION ENVIRONMENTAL REGULATIONS FINANCIAL MANAGEMENT FINANCIAL SYSTEMS FOREIGN INVESTORS FUEL FUEL FOR POWER GENERATION FUELS GAS DEVELOPMENT GAS DISTRIBUTION GAS RESOURCES GAS SECTOR GENERATION GENERATION ASSETS GENERATION MARKET GENERATORS GLOBAL ENVIRONMENT GOVERNMENT AUTHORITIES GROSS DOMESTIC PRODUCT HYDROELECTRIC PLANTS HYDROPOWER INSTITUTIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL INVESTORS INVENTORY LARGE POWER PLANTS LNG MUNICIPALITIES NATURAL GAS NEW PLANTS OIL IMPORTS PETROLEUM PETROLEUM SECTOR PLANT OPERATION POWER POWER COMPANIES POWER COMPANY POWER CORPORATION POWER GENERATION POWER GENERATION CAPACITY POWER GENERATION FACILITIES POWER GRID POWER INVESTMENTS POWER MARKETS POWER PLANT POWER PLANT CONSTRUCTION POWER PLANTS POWER PRODUCTION POWER PROJECT POWER SECTOR POWER SECTOR REFORM POWER SHORTAGES POWER SUPPLIES POWER SUPPLY POWER SYSTEM POWER SYSTEMS PRIMARY ENERGY PRIMARY ENERGY SOURCE PRIVATE CAPITAL PRIVATE FINANCING RAIL TRANSPORT RENEWABLE ENERGY RENEWABLE ENERGY DEVELOPMENT RENEWABLE ENERGY PROJECTS RETAIL MARKETS RETAIL TARIFFS RISK MANAGEMENT RURAL ENERGY SAVINGS STATE POWER STATE POWER CORPORATION SUBSIDIARY TARIFF ADJUSTMENTS TARIFF REFORM TARIFF SETTING TARIFF STRUCTURE TECHNICAL ASSISTANCE THERMAL PLANTS THERMAL POWER TRANSMISSION FACILITIES TRANSMISSION LINES TRANSMISSION SYSTEM TRANSPORT UTILITIES VOLTAGE |
| spellingShingle |
ABSORPTIVE CAPACITY ACCESS TO ELECTRICITY ACCOUNTABILITY ACCOUNTING ADMINISTRATIVE CONTROLS AIR POLLUTION ALTERNATIVE USES APPROACH ASSET OWNERSHIP AUDITING AUDITORS AVAILABILITY BALANCE BIOGAS BOILERS BULK POWER BULK POWER MARKETS CAPACITY BUILDING CAPACITY UTILIZATION CAPITAL COSTS COAL COAL MINING COAL PRODUCTION COAL RESOURCES COAL WASHING COGENERATION COMPETITIVE ENERGY COMPETITIVE POWER COMPETITIVE POWER MARKET COMPETITIVE POWER MARKETS COMPREHENSIVE ENERGY PLANNING CONGESTION CONSUMER OF COAL CONTRACTUAL ARRANGEMENTS CRUDE OIL DISTRIBUTION COMPANY DISTRIBUTION FUNCTIONS DISTRIBUTION SYSTEM DISTRIBUTION SYSTEMS DISTRICT HEATING DISTRICT HEATING SYSTEMS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC REFORM ECONOMIC REFORMS ECONOMIES OF SCALE ELECTRIC INDUSTRY ELECTRIC POWER ELECTRIC POWER GENERATION ELECTRIC POWER PRODUCTION ELECTRIC POWER SECTOR ELECTRICITY CONSERVATION ELECTRICITY COUNCIL ELECTRICITY DEMAND ELECTRICITY INDUSTRY ELECTRICITY MARKET EMPLOYMENT ENERGY CONSERVATION ENERGY CONSUMPTION ENERGY EFFICIENCY ENERGY INTENSITY ENERGY INVESTMENTS ENERGY OUTPUT ENERGY PLANNING ENERGY POLICY ENERGY PRICES ENERGY PROGRAMS ENERGY SECTOR ENERGY SERVICES ENERGY STRATEGY ENERGY SUPPLY ENVIRONMENTAL PROTECTION ENVIRONMENTAL REGULATIONS FINANCIAL MANAGEMENT FINANCIAL SYSTEMS FOREIGN INVESTORS FUEL FUEL FOR POWER GENERATION FUELS GAS DEVELOPMENT GAS DISTRIBUTION GAS RESOURCES GAS SECTOR GENERATION GENERATION ASSETS GENERATION MARKET GENERATORS GLOBAL ENVIRONMENT GOVERNMENT AUTHORITIES GROSS DOMESTIC PRODUCT HYDROELECTRIC PLANTS HYDROPOWER INSTITUTIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL INVESTORS INVENTORY LARGE POWER PLANTS LNG MUNICIPALITIES NATURAL GAS NEW PLANTS OIL IMPORTS PETROLEUM PETROLEUM SECTOR PLANT OPERATION POWER POWER COMPANIES POWER COMPANY POWER CORPORATION POWER GENERATION POWER GENERATION CAPACITY POWER GENERATION FACILITIES POWER GRID POWER INVESTMENTS POWER MARKETS POWER PLANT POWER PLANT CONSTRUCTION POWER PLANTS POWER PRODUCTION POWER PROJECT POWER SECTOR POWER SECTOR REFORM POWER SHORTAGES POWER SUPPLIES POWER SUPPLY POWER SYSTEM POWER SYSTEMS PRIMARY ENERGY PRIMARY ENERGY SOURCE PRIVATE CAPITAL PRIVATE FINANCING RAIL TRANSPORT RENEWABLE ENERGY RENEWABLE ENERGY DEVELOPMENT RENEWABLE ENERGY PROJECTS RETAIL MARKETS RETAIL TARIFFS RISK MANAGEMENT RURAL ENERGY SAVINGS STATE POWER STATE POWER CORPORATION SUBSIDIARY TARIFF ADJUSTMENTS TARIFF REFORM TARIFF SETTING TARIFF STRUCTURE TECHNICAL ASSISTANCE THERMAL PLANTS THERMAL POWER TRANSMISSION FACILITIES TRANSMISSION LINES TRANSMISSION SYSTEM TRANSPORT UTILITIES VOLTAGE Churchill, Anthony Thum, Cordula The Bank's Assistance to China's Energy Sector |
| geographic_facet |
East Asia and Pacific China |
| relation |
Operations Evaluation Department (OED)
working paper series; |
| description |
China is the second largest energy
consumer in the world and the largest producer and consumer
of coal. Owing to its large coal resources, it is and will
remain in the foreseeable future largely energy
self-sufficient, although crude oil imports have steadily
increased since 1993. In just 17 years, China has become the
Bank's largest borrower in the energy sector having
received about 7 billion dollars in loans to date. The Bank
has also carried out a substantial amount of analytical and
advisory services. Despite the amount of lending to the
energy sector, the sheer size of the sector in China has
made the World Bank, at least in financial terms, a
relatively marginal player. The Bank s assistance aimed at
helping China's integration into the global economy. It
focused on removing bottlenecks to the country's
accelerating economic growth and on institutional
development (emphasizing technology transfer and capacity
building). After the major policy breakthroughs of the
mid-1990s in the power sector, progress on sector reform has
slowed and major policy issues in such critical subsectors
as coal, oil, and gas have largely gone unattended. To
address this, the Bank can choose to focus increasingly on
peripheral subsectors such as renewables and energy
efficiency where policy issues are less sensitive and
government buy-in more likely. A more difficult path will be
for the Bank to continue its sizeable financial support to
the energy sector but frame it within a truly comprehensive
dialogue on national energy policy issues. |
| format |
Publications & Research :: Working Paper |
| author |
Churchill, Anthony Thum, Cordula |
| author_facet |
Churchill, Anthony Thum, Cordula |
| author_sort |
Churchill, Anthony |
| title |
The Bank's Assistance to China's Energy Sector |
| title_short |
The Bank's Assistance to China's Energy Sector |
| title_full |
The Bank's Assistance to China's Energy Sector |
| title_fullStr |
The Bank's Assistance to China's Energy Sector |
| title_full_unstemmed |
The Bank's Assistance to China's Energy Sector |
| title_sort |
bank's assistance to china's energy sector |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2005/04/20106095/banks-assistance-china s-energy-sector http://hdl.handle.net/10986/20206 |
| _version_ |
1764444671992397824 |
| spelling |
okr-10986-202062021-04-23T14:03:53Z The Bank's Assistance to China's Energy Sector Churchill, Anthony Thum, Cordula ABSORPTIVE CAPACITY ACCESS TO ELECTRICITY ACCOUNTABILITY ACCOUNTING ADMINISTRATIVE CONTROLS AIR POLLUTION ALTERNATIVE USES APPROACH ASSET OWNERSHIP AUDITING AUDITORS AVAILABILITY BALANCE BIOGAS BOILERS BULK POWER BULK POWER MARKETS CAPACITY BUILDING CAPACITY UTILIZATION CAPITAL COSTS COAL COAL MINING COAL PRODUCTION COAL RESOURCES COAL WASHING COGENERATION COMPETITIVE ENERGY COMPETITIVE POWER COMPETITIVE POWER MARKET COMPETITIVE POWER MARKETS COMPREHENSIVE ENERGY PLANNING CONGESTION CONSUMER OF COAL CONTRACTUAL ARRANGEMENTS CRUDE OIL DISTRIBUTION COMPANY DISTRIBUTION FUNCTIONS DISTRIBUTION SYSTEM DISTRIBUTION SYSTEMS DISTRICT HEATING DISTRICT HEATING SYSTEMS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC REFORM ECONOMIC REFORMS ECONOMIES OF SCALE ELECTRIC INDUSTRY ELECTRIC POWER ELECTRIC POWER GENERATION ELECTRIC POWER PRODUCTION ELECTRIC POWER SECTOR ELECTRICITY CONSERVATION ELECTRICITY COUNCIL ELECTRICITY DEMAND ELECTRICITY INDUSTRY ELECTRICITY MARKET EMPLOYMENT ENERGY CONSERVATION ENERGY CONSUMPTION ENERGY EFFICIENCY ENERGY INTENSITY ENERGY INVESTMENTS ENERGY OUTPUT ENERGY PLANNING ENERGY POLICY ENERGY PRICES ENERGY PROGRAMS ENERGY SECTOR ENERGY SERVICES ENERGY STRATEGY ENERGY SUPPLY ENVIRONMENTAL PROTECTION ENVIRONMENTAL REGULATIONS FINANCIAL MANAGEMENT FINANCIAL SYSTEMS FOREIGN INVESTORS FUEL FUEL FOR POWER GENERATION FUELS GAS DEVELOPMENT GAS DISTRIBUTION GAS RESOURCES GAS SECTOR GENERATION GENERATION ASSETS GENERATION MARKET GENERATORS GLOBAL ENVIRONMENT GOVERNMENT AUTHORITIES GROSS DOMESTIC PRODUCT HYDROELECTRIC PLANTS HYDROPOWER INSTITUTIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL INVESTORS INVENTORY LARGE POWER PLANTS LNG MUNICIPALITIES NATURAL GAS NEW PLANTS OIL IMPORTS PETROLEUM PETROLEUM SECTOR PLANT OPERATION POWER POWER COMPANIES POWER COMPANY POWER CORPORATION POWER GENERATION POWER GENERATION CAPACITY POWER GENERATION FACILITIES POWER GRID POWER INVESTMENTS POWER MARKETS POWER PLANT POWER PLANT CONSTRUCTION POWER PLANTS POWER PRODUCTION POWER PROJECT POWER SECTOR POWER SECTOR REFORM POWER SHORTAGES POWER SUPPLIES POWER SUPPLY POWER SYSTEM POWER SYSTEMS PRIMARY ENERGY PRIMARY ENERGY SOURCE PRIVATE CAPITAL PRIVATE FINANCING RAIL TRANSPORT RENEWABLE ENERGY RENEWABLE ENERGY DEVELOPMENT RENEWABLE ENERGY PROJECTS RETAIL MARKETS RETAIL TARIFFS RISK MANAGEMENT RURAL ENERGY SAVINGS STATE POWER STATE POWER CORPORATION SUBSIDIARY TARIFF ADJUSTMENTS TARIFF REFORM TARIFF SETTING TARIFF STRUCTURE TECHNICAL ASSISTANCE THERMAL PLANTS THERMAL POWER TRANSMISSION FACILITIES TRANSMISSION LINES TRANSMISSION SYSTEM TRANSPORT UTILITIES VOLTAGE China is the second largest energy consumer in the world and the largest producer and consumer of coal. Owing to its large coal resources, it is and will remain in the foreseeable future largely energy self-sufficient, although crude oil imports have steadily increased since 1993. In just 17 years, China has become the Bank's largest borrower in the energy sector having received about 7 billion dollars in loans to date. The Bank has also carried out a substantial amount of analytical and advisory services. Despite the amount of lending to the energy sector, the sheer size of the sector in China has made the World Bank, at least in financial terms, a relatively marginal player. The Bank s assistance aimed at helping China's integration into the global economy. It focused on removing bottlenecks to the country's accelerating economic growth and on institutional development (emphasizing technology transfer and capacity building). After the major policy breakthroughs of the mid-1990s in the power sector, progress on sector reform has slowed and major policy issues in such critical subsectors as coal, oil, and gas have largely gone unattended. To address this, the Bank can choose to focus increasingly on peripheral subsectors such as renewables and energy efficiency where policy issues are less sensitive and government buy-in more likely. A more difficult path will be for the Bank to continue its sizeable financial support to the energy sector but frame it within a truly comprehensive dialogue on national energy policy issues. 2014-09-17T18:23:06Z 2014-09-17T18:23:06Z 2005-04-27 http://documents.worldbank.org/curated/en/2005/04/20106095/banks-assistance-china s-energy-sector http://hdl.handle.net/10986/20206 English en_US Operations Evaluation Department (OED) working paper series; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research East Asia and Pacific China |