BEIJING: Liu Zhongmin, a member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), said that, through cooperation, the Middle East and China can not only ensure a stable energy supply but also jointly promote the green transformation of the energy ecosystem.
China Economic Net quoted Liu Zhongmin, who is also an academician of the Chinese Academy of Engineering, as saying, ‘The Middle East boasts abundant petroleum and natural gas resources, while China leads the world in energy technologies. Through cooperation, both sides can not only ensure a stable energy supply but also jointly promote the green transformation of the energy structure.’
Liu Zhongmin emphasised China’s commitment to cooperation with the Middle East. ‘Multiple joint ventures have been established, and forums have been held to foster collaboration. China has maintained a partnership with Saudi Arabia’s Aramco Company for over ten years. Research and development centres have been co-established
to explore new areas of interest. China’s advanced technologies in energy and chemicals are also exported to the Middle East [to] support local development.’
According to a report by the International Energy Agency (IEA), based on the energy transition plans announced by Middle Eastern countries, the total renewable energy capacity in the region is projected to exceed 192 gigawatts by 2030, which is 17 times the current level. Cooperation between China and Middle Eastern countries in the field of new energy has the potential to accelerate this process.
Regarding the development of the hydrogen energy industry, Liu highlighted the unique advantages of the Middle East. “In terms of fossil resources, the Middle East has abundant natural gas. Natural gas is the most cost-effective way to produce hydrogen. The Middle East also has excellent photovoltaic resources, which can be used for photovoltaic power generation and electrolysis of water to produce hydrogen, promoting the development of the green hydrogen
industry,” explained Liu.
Liu Zhongmin emphasised China’s leading technology in the hydrogen energy industry. “China’s proton exchange membrane electrolysis technology is almost at the world’s leading level,” stated Liu.
He revealed that China is building large-scale electrolysis plants, and there is great potential for implementing these technologies in the Middle East.
Source: Emirates News Agency