UK- GEIDCO and CEC Chairman Liu Zhenya made a keynote speech “Global Energy Interconnection for Transition and Innovative Development of Energy Worldwide” at the Chatham House Energy Transitions 2016 in London on 28th November 2016.
Liu Zhenya referred in his speech to the China Initiative by Chinese President Xi Jinping on establishing Global Energy Interconnection, or GEI to facilitate efforts to meet global power demand with clean and green alternatives at the UN Sustainable Development Summit on September 26, 2015, which received much attention and active responses from the international community. Faced with problems of energy constraint and environmental pollution, Liu pointed out that the root cause of these energy problems was the over-reliance on fossil energy or carbon energy and the most effective solution was the development of low-carbon energy, hence, zero-carbon energy.
Liu believed that we needed to follow the law bearing the transition from the high-carbon, inefficient model to a low-carbon, highly efficient one with the focus shifting from local balance to large-scale allocation. Following the path of “Two Replace (replacing fossil fuels by clean alternatives in energy production and replacing coal, oil and gas by clean electricity from afar in energy consumption), One Restore (restore fossil fuel’s basic attribute as an industrial raw material), One Increase (increase electrification)”, he deemed that we could leverage GEI as the platform to create a new global energy development pattern with clean energy as the priority, electricity as the center, global allocation as the feature to ensure a safer, cleaner and more sustainable energy supply for the world. He thought of energy transition as an inseparable part of economic transition. According to him, the key to promoting global economic transition was to take the opportunity of energy transition and IT revolution, give full play to the internet economy and economies of scale, with the emphasis on global infrastructure interconnectivity to accelerate the formation of a new pattern featured by Energy, Information and Transportation Integration (EITI). In this way, we can promote the upgrade of the global economy from the traditional model driven by industrial development to internet economy to realize its integrated and sustainable development and bring upon a world of being highly electrified, smart, globalized and human-oriented.
Liu Zhenya called for the wisdoms and concerted efforts from all countries to strengthen the role of strategies in guiding development, intensify technical innovation, enhance international cooperation to accelerate GEI’s development, and make our due contributions to global energy transition and sustainable development.
Representatives spoke highly of the China Initiative of GEI, which was of great significance to world energy sustainability, and took EITI as a new approach for world economic transition. They believed that countries should strengthen cooperation to promote infrastructure interconnectivity and GEI together.
Chatham House, the Royal Institute of International Affairs, is a world-famous research center on international affairs. Founded in 1920, Chatham House engages world leaders, policy makers and the public in just debate and discussion on the most significant developments in international affairs, such as energy, environmental and resource governance, international economy and international security. Energy Transition 2016, themed as “Technology, data and investment –structural changes in today’s energy sector”, invited delegates from well-known international organizations, multinational corporations, universities and research institutes to exchange views on energy transition around the world.
During his stay in the UK, Liu Zhenya held talks with Professor Dame Ann Dowling, President of the Royal Academy of Engineering, Nicholas Dunlop, Secretary-General of Climate Parliament, Richard M. Taylor, Chief Executive of International Hydropower Association, Prof. James Stirling, Provost of Imperial College London and other academicians, professors and experts on strengthen cooperation and promote GEI together with consensus reached on many fronts. He also paid a visit to Chinese Ambassador Liu Xiaoming to the UK.