Energy transition in China: It is necessary to increase natural gas utilization

In order to achieve carbon peaking and carbon neutrality, China must speed up its energy transition. To increase natural gas consumption in the next 15–20 years is the most practical choice for China to realize energy transition and fulfill its commitments. To achieve the dual carbon goal, it is necessary to address the questions of ” How much natural gas is needed in China?” and ”How can natural gas be widely developed and utilized?” The authors established a relational model of economy, energy and environment, calculated China’s natural gas demand under the scenario of achieving the dual carbon goal, and analyzed the measures that need to be taken in terms of resource acquisition, infrastructure construction, market expansion, management mode and other aspects based on the characteristics of China’s natural gas industry. The relational model established in this study can quantitatively analyze the energy consumption composition under the scenarios of certain GDP and carbon emissions. The analysis data and conclusions can provide effective information for China’s energy transition and the direction of natural gas development and utilization, and provide methods and means for academic analysis and policy formulation. •For China, energy transition must be speeded up to achieve carbon peaking and carbon neutrality.•Natural gas is the key energy in the energy transition.•The peak demand of natural gas in China is estimated at 650 Bcm.•Urban gas, industrial fuel gas and power generation are the main potential markets.•Ensuring gas supply security, optimizing gas market, deepening gas price reforms are the necessary ways for sustainable development.