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China’s ‘new-energy plus electrification’ strategy forms buffer against crude supply shocks

2026-05-18 09:24   环球时报网英文版

  Yasir Habib Khan, president of the Institute of International Relations and Media Research in Pakistan, told the Global Times on Thursday that after turbulence in the Strait of Hormuz exposed the risks of oil supply disruptions, a grim reality has been sensitized that if efforts are not intensified to help switch traditional energy sources with new alternative energy dynamics, dream of global energy security will falter.

  Lu Ruquan, president of the CNPC Economics and Technology Research Institute, told the Global Times on Thursday that the current situation in the Strait of Hormuz has evolved in unexpected ways, rattling the global energy sector and intensifying discussions over energy security.

  "Among the world nations, China has set an example of becoming first electro-state from Petrostate by super-igniting its economy with solar, wind, hydro and battery storage infrastructure with minimizing its dependency on fossil fuel," Khan said.

  "Yet, for China, the issue of energy security is highly sensitive, but we are not vulnerable," Lu said.

  Lu said that China"s energy stability reflects three underlying factors that are intertwined and work together to safeguard against extreme scenarios: ample domestic energy production, substantial strategic reserves, and overseas operations that are performing well.

  "Of course, more importantly, China"s new-energy sector is also rapidly expanding."

  Analysts believe that the essence of China"s energy security being "sensitive but not vulnerable" lies in the country having one of the world"s best energy substitution capabilities. Deep electrification has reshaped China"s energy security framework, enabling China to maintain strategic focus amid volatile geopolitical situations.

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