Commodity Market Report
China energy markets long-term outlook
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Report summary
China's energy demand will undoubtedly keep growing as economic activities expand, despite efficiency gains. With increasing reliance on imported fuel and tightening environmental policies, the energy landscape is largely about moving towards renewables. In this report, we highlight and address major uncertainties facing China's commodity outlook, including: • Since demand peaked in 2013, will coal remain the biggest fuel in the energy mix by 2040? • How will the pace and scale of electric vehicle penetration determine China's oil demand outlook? • What is natural gas' role in China's energy transition? • How will cost reduction and decarbonisation policies change the power mix?
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