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 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.

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Bibliographic Details
Main Authors: Churchill, Anthony, Thum, Cordula
Language:English
en_US
Published: World Bank, Washington, DC 2005-04-27
Subjects: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,
Online Access:http://documents.worldbank.org/curated/en/2005/04/20106095/banks-assistance-china s-energy-sector
https://hdl.handle.net/10986/20206
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libraryname Biblioteca del Banco Mundial
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
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
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
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.
topic_facet 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
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 2005-04-27
url http://documents.worldbank.org/curated/en/2005/04/20106095/banks-assistance-china s-energy-sector
https://hdl.handle.net/10986/20206
work_keys_str_mv AT churchillanthony thebanksassistancetochinasenergysector
AT thumcordula thebanksassistancetochinasenergysector
AT churchillanthony banksassistancetochinasenergysector
AT thumcordula banksassistancetochinasenergysector
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spelling dig-okr-10986202062024-08-08T13:50:02Z 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 https://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/ application/pdf text/plain World Bank, Washington, DC