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Abstract Different from previous energy transitions, the fundamental nature of the low-carbon energy transition is that of an energy revolution. The world energy situation in the era of carbon neutrality is undergoing important changes. For a long time to come, under the influence of the policies and market factors of various countries, the growth of the fossil energy supply worldwide will be limited, but it is unlikely that the change in demand will keep pace with that in supply. There may emerge a serious imbalance between supply and demand in the energy market, and the process of market rebalancing may be disturbed due to policy failures. These issues will have major impacts on international energy security. China is a major producer, consumer, and the world’s largest importer of fossil energy. Facing the complex energy situation in the era of carbon neutrality, China should always take the initiative to guarantee its energy security while adhering to the direction of low-carbon energy development, effectively combining economic efficiency with security and making continuous efforts to achieve inherent energy security as early as possible.
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Published: 13 January 2023
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