China Energy

China Energy Advisory Service helps you discover opportunities and mitigate risk in China’s energy topography. Our experts provide cutting-edge knowledge of market forces and political developments, backed by hard data from our comprehensive upstream and midstream databases to give you the latest, most accurate picture of energy in China.

As a subscriber, you will be able to:

• Receive the latest on fundamentals:
  • China Watch
  • Market Briefings
• Investigate regional happenings with our Provincial Profiles
• Receive our strategic reports on the Big Questions, such as:
  • What will be the impact of the Twelfth Five Year Plan on the energy sector?
  • How will pricing reforms in the oil, gas, power, and coal sectors affect sector players?
  • What will be the future role of natural gas in China's energy sector?
  • How will supply source diversification affect coal’s dominant position in the Chinese energy sector?
• Download key industrial statistics from our data center:
  • Continually updated and historical figures for oil, gas, power, and coal supply and demand
  • Latest oil product prices, wellhead and retail natural gas prices, ongrid/wholesale and retail power tariffs, coal prices at key ports
• Call our research staff to interpret complex data and find answers to uncommon questions

Benefits:

China Energy Advisory Service enables you to:

• Make educated investment decisions based on a sound, in-depth understanding of China's energy and related political issues with on-the-ground expertise 
• Identify the impact of regional and geopolitical issues on regulatory and fiscal terms for existing assets
• Analyze the implications of energy price reforms for your investments and determine an optimal course of action
• Anticipate key trends that prefigure new investment opportunities
• Structure investments to anticipate China's new infrastructure needs

Subscribers to China Energy receive:

Fundamental reports:

• China Watch:
  • Biannual
  • Integrated view of China's entire energy value chain, including oil, gas, power and coal markets 
  • Combined expert insight and analysis
  • Short-term energy supply and demand outlooks
• Market Briefing:
  • Short-term supply and demand discussions
  • Analysis of latest policies and reforms
  • Views on significant recent events

Provincial profiles:

• Focus on 15 key provinces of client interest
• Economic and policy analysis
• Energy balance and sector trends in oil, natural gas, coal, and power
• Key existing and upcoming energy projects: oil refineries, power stations, pipelines, major oil/gas discoveries, coal mines, among others.

Strategic reports:

• Private Reports and Decision Briefs based on research driven by the Service's Big Questions. Corporate leaders, investors, policymakers and energy users rely on our answers to these questions to guide decisions that shape the industry's strategic future.

Data center:

• Monthly, quarterly and annual energy supply and demand figures
• Key economic indicators and short-term outlooks for all energy markets
• Oil, gas, power and coal prices at national and regional levels 

Research assistance

Event invitations:

• Exclusive client-IHS CERA expert gatherings
• Seats at the IHS CERA spring and fall Executive Roundtables
• Reduced entry fee to CERAWeek, featuring the IHS CERA Executive Conference, held annually in Houston

Conference call opportunities

Videos

Subscribers receive Private Reports and Decision Briefs based on research driven by the Advisory Service's Big Questions including:

• What are the themes of the Twelfth Five Year Plan and how will they impact energy markets?
• How will power tariff, natural gas price, and oil product price reforms progress? 
• Where will additional gas supply come from, and at what price levels?
• How fast will gas-fired power take off and how will it impact power generation cost and prices?
• Will China's oil demand continue to grow, and at what pace?
• What will be the future role of coal in light of the diversification in supply sources?

Subscribers also receive access to our extensive research archives, available in English, Russian and Chinese, including:

• China's Five-Year Plan for Shale Gas: More Incentives, but Challenges Remain: The Chinese government released the five-year plan (2011–15) for shale gas development in March this year, laying out various targets and incentives. IHS CERA believes shale gas will be one of the game changers of energy markets eventually, but further reforms will be needed for this unconventional resource to take off and meet the ambitious government targets. Key questions surrounding issues such as natural gas price reforms and pipeline access could become impediments to large-scale commercial development, and will need to be resolved to allow shale gas to take off.
• Energy Shortage or Capacity Shortage? China's Upcoming Power Supply Disruptions: Two types of power supply disruptions have emerged in China's power sector: an energy shortage caused by the refusal of existing plants to produce power, and a capacity shortage caused by the physical lack of power plants. Both shortages arise from the price distortions in China's power market: price control measures often do not allow generators to pass through rising fuel costs into power tariffs because of government concern over inflation. Customers have already experienced power rationing in recent years, and IHS CERA believes that more trouble could lie ahead. 
• Nonpetroleum Fuel Substitutes Bring Uncertainty to China's Oil Markets:
  In China a wide range of non–oil-based transportation fuel substitutes are being considered and internally debated, or have already been introduced. These substitutes include electric vehicles technologies, methanol, ethanol, compressed natural gas, liquefied natural gas, and biodiesel, among others. This IHS CERA Market Briefing summarizes China’s non–oil-based gasoline and diesel substitutes and discusses their possible impact on China’s oil demand.
• More than Meets the Eye: Chinese Regulator's Latest Effort to Cap Coal Prices: China's National Development and Reform Commission (NDRC) issued a policy circular effective December 1, 2011, that attempts to ease coal prices and thus reduce the potential power supply shortage. Although many of the NDRC's past attempts to cap coal prices have been ineffective, IHS CERA believes the latest policy directive may help temporarily ease the energy shortage caused by the coal/power price distortion, as officials have taken a more practical approach.
• China's Latest Natural Gas Price Reform: A Step Forward but Challenges Remain: In December 2011 the Chinese government announced a natural gas pilot reform to take effect in two southern provinces, Guangdong and Guangxi. The reform aims to gradually liberalize gas prices by linking them to imported oil products. This is a key step toward a more market-based pricing approach. However, IHS CERA believes that a compromise is likely, given the potential impact of the proposed reforms on downstream prices.

• Gas-Fired Power in China: Entering the Fast Lane? Gas-fired power grew rapidly in recent years in China, from around 5 gigawatts (GW) in 2000 to 33 GW at the end of 2011. Robust capacity additions are likely to continue in the near future, but various constraints—gas supply availability and power tariff reforms, for example—will bound gas' contribution in the power supply mix to a marginal level. In the long term, commercialization of domestic unconventional gas may have a transformative effect on China's power fleet, potentially allowing for rising competition between coal and gas.

"The most interesting study I have seen [on China's climate change challenge] came from IHS Cambridge Energy Research Associates," – Jörg Wuttke, President, European Chamber of Commerce in China and Chief Country Representative, BASF China.

"Just wanted to offer some positive feedback on the data offering [on China Energy]. Having reliable, up-to-date Chinese energy data at my fingertips is going to be a real time-saver. Good work, CERA!" – Client from a major investment company