At the 14th Asia Pacific Shale Oil and Gas and Unconventional Energy Conference held in Shanghai, Tian Lei, deputy director of the Economic Center of the Energy Research Institute of the National Development and Reform Commission, said that major breakthroughs have been made or are about to be made in key clean and low-carbon energy technologies. With the rapid improvement in the economy of new energy sources, the economic advantages of traditional oil and gas projects have declined. Therefore, it is necessary to speed up technological innovation and improve the economy of unconventional oil and gas in order to create more long-term development space. Looking ahead to the “15th Five-Year Plan” global energy development situation and trends, Tian Lei believes that the pace of global energy green and low-carbon transformation will accelerate markedly, and the world will continue to increase investment in the new energy sector. However, in the near medium term, fossil energy remained the dominant supplier. It is estimated that by 2030, global fossil energy consumption will still account for more than 70%. The energy geopolitical landscape will continue to be profoundly adjusted and evolved, and competition in the new energy supply chain and key minerals will intensify in the future.

At the 14th Asia Pacific Shale Oil and Gas and Unconventional Energy Conference held in Shanghai, Tian Lei, deputy director of the Economic Center of the Energy Research Institute of the National Development and Reform Commission, said that major breakthroughs have been made or are about to be made in key clean and low-carbon energy technologies. With the rapid improvement in the economy of new energy sources, the economic advantages of traditional oil and gas projects have declined. Therefore, it is necessary to speed up technological innovation and improve the economy of unconventional oil and gas in order to create more long-term development space. Looking ahead to the “15th Five-Year Plan” global energy development situation and trends, Tian Lei believes that the pace of global energy green and low-carbon transformation will accelerate markedly, and the world will continue to increase investment in the new energy sector. However, in the near medium term, fossil energy remained the dominant supplier. It is estimated that by 2030, global fossil energy consumption will still account for more than 70%. The energy geopolitical landscape will continue to be profoundly adjusted and evolved, and competition in the new energy supply chain and key minerals will intensify in the future.