The Development Strategy Research Of China's CBM Resources Industry Based On Sustainable Development

With the rapid development of the global economy, the energy demands are sharply increased in many countries, especially in some developing continuous. To increase energy supply and meet the sustainable development need, it is important to develop and apply some unconventional energy resources. As one kind of unconventional natural gases, coal-bed methane (CBM) resource is important and gained more usage.China's CBM reserve is the third largest in the world. According to the oil and gas resource evaluation in China (2006), the geological resources of CBM that underground depth is less than 2000m reach 36.81 trillion m3, and equal to the onshore conventional gas reserves.In recent years, China attaches great importance to the CBM development and utilization, and take various effective action to make large-scale commercialization of CBM. The social effects of development of CBM are the strategic impact, safety of coal mine, environmental protection, energy security, and economic benefits. The development and utilization of CBM in China become urgent and important. If CBM is not timely developed and utilized, it will pollute the atmosphere and result in the greenhouse effect. The development and utilization of CBM can increase energy supply, improve energy structure, protect the coal mine safety and improve the global environment.In this thesis, based on the requirements of sustainable development, CBM resources industrial development strategy factors are analyzed by using Michael Porter's diamond model. The factors include factors of production, demand conditions, related supporting industries, intra-industry competition, government and opportunities.In this thesis, the industrial development strategy of CBM resources is analyzed by mathematical tools and strategic management tools. The production and consumption of natural gas and the extraction of CBM till 2029 are determined by using time series forecasting method. The proportion of CBM and natural gas can be calculated. By using SWOT matrix, China's CBM industry development strategy is analyzed.