G20 Foundation Publications Turkey 2015 | Page 40

40 ENERGY STANDING TOGETHER: A NEW ERA OF IEA-CHINA CO-OPERATION Fatih Birol, Executive Director, IEA Remarks by Dr. Fatih Birol to the Chinese Academy of Social Sciences IEA Executive Director Fatih Birol Beijing 9 September 2015 By almost any measure, China is the most important player in the global energy market. China enjoys that position thanks to an impressive set of achievements. And yet China also faces significant energy challenges in the coming years. China already lies very much at the centre of nearly every work stream in the IEA, and cooperation between China and the IEA stretches back nearly 20 years. But I believe we must and can deepen this partnership. Why? It’s very simple: if China and the IEA work closely together, everybody benefits. The IEA can serve as an invaluable resource to China as it pursues the goals of greater energy security, economic prosperity and environmental sustainability. In return, the IEA and its members can learn much from China’s rich experiences. China can rightly claim to have successfully brought electricity to more people than any other country in the world – and to around half a billion people in a short period of time China is also helping improve energy access beyond its own borders, with supportive investments in energy projects in Africa and other regions China is the world’s largest wind power market and the world’s largest producer of hydroelectricity. China is also adding more solar PV capacity each year than any other country. By the end of this year it will overtake Germany as the country with the most installed solar PV panels in the world.