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Energy Production, Energy Consumption and Energy Governance of the Belt and Road Regions

Received: 7 November 2022     Accepted: 13 December 2022     Published: 15 December 2022
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Abstract

Energy is the strategic resource for the economic and social development of countries along the Belt and Road. The outbreak of COVID-19 and the geopolitical conflict between Russia and Ukraine have created important impacts on the energy supply chain and energy governance. The Belt and Road regions covers the Asian, European and African continents, including not only countries and regions rich in oil and gas resources, such as Russia, West Asia and Central Asia, but also involving important global energy consumption areas, such as China and India. The paper analyzed the energy production and energy consumption structure of Belt and Road regions. Following that, the paper analyzed the development of energy governance of Belt and Road regions, and stated the new challenges in terms of the geopolitical risks, increasing energy market competition, and common energy market for the countries along the Belt and Road. Finally, the paper put forward countermeasures and suggestions to improve the energy governance of the Belt and Road regions which include strengthening energy cooperation mechanism, building energy resilient supply network, accelerating the development of a common regional energy market, improving clean energy cooperation. All these strategies will help to improve energy security of countries along “Belt and Road”, and sustain healthy and stable development of the national economy.

Published in International Journal of Economy, Energy and Environment (Volume 7, Issue 6)
DOI 10.11648/j.ijeee.20220706.13
Page(s) 144-149
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2022. Published by Science Publishing Group

Keywords

Energy Production, Energy Consumption, Energy Governance, Belt and Road

References
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Cite This Article
  • APA Style

    Shigang Yan, Jiazhong Li, Dingkun Xu. (2022). Energy Production, Energy Consumption and Energy Governance of the Belt and Road Regions. International Journal of Economy, Energy and Environment, 7(6), 144-149. https://doi.org/10.11648/j.ijeee.20220706.13

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    ACS Style

    Shigang Yan; Jiazhong Li; Dingkun Xu. Energy Production, Energy Consumption and Energy Governance of the Belt and Road Regions. Int. J. Econ. Energy Environ. 2022, 7(6), 144-149. doi: 10.11648/j.ijeee.20220706.13

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    AMA Style

    Shigang Yan, Jiazhong Li, Dingkun Xu. Energy Production, Energy Consumption and Energy Governance of the Belt and Road Regions. Int J Econ Energy Environ. 2022;7(6):144-149. doi: 10.11648/j.ijeee.20220706.13

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  • @article{10.11648/j.ijeee.20220706.13,
      author = {Shigang Yan and Jiazhong Li and Dingkun Xu},
      title = {Energy Production, Energy Consumption and Energy Governance of the Belt and Road Regions},
      journal = {International Journal of Economy, Energy and Environment},
      volume = {7},
      number = {6},
      pages = {144-149},
      doi = {10.11648/j.ijeee.20220706.13},
      url = {https://doi.org/10.11648/j.ijeee.20220706.13},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijeee.20220706.13},
      abstract = {Energy is the strategic resource for the economic and social development of countries along the Belt and Road. The outbreak of COVID-19 and the geopolitical conflict between Russia and Ukraine have created important impacts on the energy supply chain and energy governance. The Belt and Road regions covers the Asian, European and African continents, including not only countries and regions rich in oil and gas resources, such as Russia, West Asia and Central Asia, but also involving important global energy consumption areas, such as China and India. The paper analyzed the energy production and energy consumption structure of Belt and Road regions. Following that, the paper analyzed the development of energy governance of Belt and Road regions, and stated the new challenges in terms of the geopolitical risks, increasing energy market competition, and common energy market for the countries along the Belt and Road. Finally, the paper put forward countermeasures and suggestions to improve the energy governance of the Belt and Road regions which include strengthening energy cooperation mechanism, building energy resilient supply network, accelerating the development of a common regional energy market, improving clean energy cooperation. All these strategies will help to improve energy security of countries along “Belt and Road”, and sustain healthy and stable development of the national economy.},
     year = {2022}
    }
    

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  • TY  - JOUR
    T1  - Energy Production, Energy Consumption and Energy Governance of the Belt and Road Regions
    AU  - Shigang Yan
    AU  - Jiazhong Li
    AU  - Dingkun Xu
    Y1  - 2022/12/15
    PY  - 2022
    N1  - https://doi.org/10.11648/j.ijeee.20220706.13
    DO  - 10.11648/j.ijeee.20220706.13
    T2  - International Journal of Economy, Energy and Environment
    JF  - International Journal of Economy, Energy and Environment
    JO  - International Journal of Economy, Energy and Environment
    SP  - 144
    EP  - 149
    PB  - Science Publishing Group
    SN  - 2575-5021
    UR  - https://doi.org/10.11648/j.ijeee.20220706.13
    AB  - Energy is the strategic resource for the economic and social development of countries along the Belt and Road. The outbreak of COVID-19 and the geopolitical conflict between Russia and Ukraine have created important impacts on the energy supply chain and energy governance. The Belt and Road regions covers the Asian, European and African continents, including not only countries and regions rich in oil and gas resources, such as Russia, West Asia and Central Asia, but also involving important global energy consumption areas, such as China and India. The paper analyzed the energy production and energy consumption structure of Belt and Road regions. Following that, the paper analyzed the development of energy governance of Belt and Road regions, and stated the new challenges in terms of the geopolitical risks, increasing energy market competition, and common energy market for the countries along the Belt and Road. Finally, the paper put forward countermeasures and suggestions to improve the energy governance of the Belt and Road regions which include strengthening energy cooperation mechanism, building energy resilient supply network, accelerating the development of a common regional energy market, improving clean energy cooperation. All these strategies will help to improve energy security of countries along “Belt and Road”, and sustain healthy and stable development of the national economy.
    VL  - 7
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    ER  - 

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Author Information
  • School of International Economics, China Foreign Affairs University, Beijing, China

  • School of International Economics, China Foreign Affairs University, Beijing, China

  • School of International Economics, China Foreign Affairs University, Beijing, China

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