This final HDR presentation looks at the regulation of energy efficiency in giant Chinese state-owned enterprises (SOEs) operating in refining and petrochemicals. It asks what factors firms respond to and why, as they seek to become more energy efficient. Using the framework of regulatory theory, the thesis identifies factors that affect energy efficiency regulation in these SOEs in four cities: Xi’an, Shanghai, Luoyang and Ningbo.
The seminar seeks to understand how three broad groups: regulators, regulatees and third parties collectively interpret, apply and respond to regulatory influences intended to promote energy efficiency among Chinese SOEs in the energy sector. Regulation of energy efficiency in Chinese SOEs occurs in an elite policy space where enforcement and compliance have a different complexion from those domains of regulation where consumers or the public are directly involved, such as environmental protection or food safety. This study looks at the dynamics of regulation from the ground-up, using an object-specific and sector-specific approach. Data for this study was collected between 2013 to 2015 and updated through to 2019, via document collation, direct observation of refineries and petrochemical plants and interviews with nearly 55 respondents from government and industry.
This seminar finds that while laws and legal enforcement remain an important part of the regulatory landscape for energy efficiency regulation in China, they are not the forum where regulation occurs for the energy sector’s SOEs. Instead, informal factors aimed at increasing willingness to comply and capacity to comply are currently used to drive enterprises along a maturity curve, with the intent of making individual enterprises more self-actuated to drive energy efficiency.
Nima Masroori is a PhD candidate at the School of Regulation and Global Governance (RegNet). His research is in the field of governance and the regulation of energy efficiency in some of China’s giant State Owned Enterprises. Nima has recently begun working as legal officer for an international non-governmental organization. Prior to his current role, he was Vice President and General Counsel for Honeywell International, Asia Pacific and based in Shanghai since 1999. Prior to joining Honeywell, Nima was in private practice in Beijing, advising multinationals and state-owned enterprises. While in China, Nima also dedicated some of his time to lecturing graduate students. In 1999, he was invited to act as Visiting Associate Professor at Peking University where he conducted courses in International Economics, Negotiation and Dispute Resolution. He also lectured MBA candidates in a joint program between universities in Edinburgh and Beijing. Nima is a graduate from the School of Law as well as the School of International Business, QUT in Queensland, Australia where he grew up.