ENERGY REVIEW

                         ISSUE No.2

                  Translated by He Jingjun

                         Abstracts

Cover Article

Structural Adjustment: General Trend for Energy in 2009

With the advent of a dazzling array of energy policies of project inauguration, merger and recombination, energy cooperation between provincial and municipal levels, and adjustment of long / medium term plan, there are taking place changes in the areas of supply, demand, industry distribution, and technology. The range of ongoing structural adjustment, which is unprecedented, is determined by the four factors: the central government’s resolution to expand inner demand, promote energy saving and emission reduction, and fortify energy control, the local government’s willingness to elongate energy industries chain and maintain the GDP growth, the energy enterprises’ reasonableness to take full advantage of policies and to plan in long term, and the mass’ enthusiasm to save energy and transform their living habit.

Column: Think-Tank

Steady, Safe, Scientific and Orderly Construction of Ultra-high Voltage

Lin Xiang-wan, vice president and academician of Chinese Academy of Engineering, argues that the controversy on ultra-high voltage in China, mainly resulted from the observation that ultra-high voltage technology has yet to get mature internationally. China takes the lead in this field. Even in the area of transmission line, China takes a relative lead internationally. China should build ultra-high voltage in a steady, safe, scientific and orderly manner. Experts have reached such a consensus at the consultation meeting organized by Chinese Academy of Engineering.

 One Shot, Two Preys: the Establishment of Governmental Energy Fund

The debate about the establishment of governmental energy fund and strategic oil reserve, has aroused extensive attention from the circles of energy and banking. Guan Qing-you, scholar from Tsinghua University, argues that it is necessary to establish a governmental fund to cover all areas  of energy  such  as oil and gases, coal and electricity, and new energy. Since it is workable, we may just do it to achieve two birds with one stone.

 Column: Focus

New Thinking for Energy-Saving Industry

At present time when the global economy has been hit by the “flu”, a new thinking is particularly needed to cope with energy-saving industries. It will be at the direction to break through if we regulate the qualifications of undertakings and their human resources, create a friendly external environment and apply industry cluster theory to answer the awkwardness in the scale and competitiveness faced by the Marshall Dilemma.