Article ID: | iaor201110230 |
Volume: | 39 |
Issue: | 11 |
Start Page Number: | 6855 |
End Page Number: | 6866 |
Publication Date: | Nov 2011 |
Journal: | Energy Policy |
Authors: | Hayes Peter, von Hippel David, Gulidov Ruslan, Kalashnikov Victor |
Keywords: | economics, demand |
Economic growth in the countries of Northeast Asia has spurred a massive increase in the need for energy, especially oil, gas, coal, and electricity. Although the region, taken as a whole, possesses financial, technical, labor, and natural resources sufficient to address much of the region's needs now and into the future, no one country has all of those attributes. As a result, over the past two decades, there has been significant interest in regional proposals that would allow sharing of resources, including infrastructure to develop and transport energy resources from the Russian Far East to South Korea, China, and Japan, and cooperation on energy‐efficiency, renewable energy, and the nuclear fuel cycle as well. In this article we review some of these proposals, identify some of the factors that could contribute to the success or failure of infrastructure proposals, and explore some of the implications and ramifications of energy cooperation activities for energy security in the region.