Electricity Market Reforms In The Asean China India And Japan
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Electricity Market Reforms In The Asean, China, India, And Japan by Han Phoumin,Farhad Taghizadeh-hesary,Fukunari Kimura,Rabindra Nepal Pdf
The electricity sector's reforms aim to modernise its infrastructure, rules, policies, and procedures to allow for more efficiency and for clean energy to have the same playing field in the power competition/wholesale/retail electricity market. This will enable inefficient power to be phased out gradually. Over the past 2 decades, there has been remarkable progress in the Association of Southeast Asian Nations (ASEAN) electricity markets that has increased the electrification ratio substantially; however, it has not achieved free market competition, universal electrification, and emission reduction plans. ASEAN aims to achieve universal access to electricity by 2030.Electricity Market Reforms in ASEAN, China, India, and Japan provides 10 empirical studies investigating and evaluating the electricity market reforms in Southeast Asia, China, India, and Japan. The book analyses the electricity market policy reform plans, market liberalisation, tariff reform, electricity trade, renewable energy integration, resource allocation, and the sustainability of the electricity market in the region and these countries. It provides policy recommendations to foster the reforms and increase market efficiency.
Towards Net-zero Carbon Initiatives: A Life Cycle Assessment Perspective by Hsien Hui Khoo,Reginald B H Tan Pdf
As industrialized nations look into emerging new technologies focusing on renewable or efficient energy use — along with the move towards Sustainable Development Goals — challenges related to achieving low carbon economy projects have gained much attention. This book explores various initiatives and potential methods to achieve net-zero carbon targets and issues.Life Cycle Assessment (LCA) will play an important role as an effective and comprehensive method to analyze potential greenhouse gas emissions and other environmental impacts of a technology or system. LCA is a holistic and system-wide scientific method that can be used to quantify impact metrics chosen to evaluate any emerging Net-Zero Carbon technologies of interest, and reveal environmental trade-offs or further research opportunities that are required for balancing CO2 emissions. LCA perspectives of Net-Zero Carbon Technologies can also be used to outline decision-making strategies for a nation's shift towards low carbon economic development.
Revisiting Electricity Market Reforms by Han Phoumin,Rabindra Nepal,Fukunari Kimura,Gazi Salah Uddin,Farhad Taghizadeh-Hesary Pdf
This book combines the fundamentals of industrial organization theories based on microeconomic foundations, applied econometrics and environmental and natural resource economics in undertaking a comprehensive review of reforms of the power sector and its impact on industrial and socio-economic performance. The book provides the reader with the intellectual groundwork necessary for understanding the workings and interactions of today’s reforming power markets such as in the ASEAN and East Asia that are striving to achieve the energy policy trilemma of affordability, energy sustainability and energy security. The topics addressed in this book include application of welfare theorems such as competition in and for the market in the electricity sector, market failures such as lack of electricity access, analysis of forecasting models under volatility, energy resource allocation such as renewable energy and competitive market designs of energy markets. Country-specific and region-specific case studies are used to analyze the progress and outcomes of market-driven electricity reforms across the reforming and advanced electricity markets. Therefore, the book derives policy lessons and provides policy recommendations in reforming power markets for the ASEAN and East Asia taking stock of more than three decades of global experience with power sector reforms. The electricity markets case studies are carefully chosen and supported by extensive data analyses as appropriate. This book on energy economics and policy is highly recommended to readers who seek an in-depth and up-to-date integrated overview about the evolving literature and status on electricity market reforms with a particular reference to Asia.
Achieving Energy Security In Asia: Diversification, Integration And Policy Implications by Taghizadeh-hesary Farhad,Yoshino Naoyuki,Chang Youngho,Rillo Aladdin Pdf
This book presents a critical review of the status of energy security in Asia and suggests how a country or a region collectively can achieve energy security in two broad aspects. First, it analyzes how regional cooperation and energy trade can enhance energy security in the region. Second, it reviews how energy security can be ensured in national and regional general contexts. From the reviews and analyses, this book asserts that diversification and integration are key to ensuring energy security. It presents policy implications for enhancing energy security, especially in resource-rich as well as resource-poor developing countries in Asia.
China's Energy Revolution in the Context of the Global Energy Transition by Shell International B.V.,Development Research Center DRC Pdf
This open access book is an encyclopaedic analysis of the current and future energy system of the world’s most populous country and second biggest economy. What happens in China impacts the planet. In the past 40 years China has achieved one of the most remarkable economic growth rates in history. Its GDP has risen by a factor of 65, enabling 850,000 people to rise out of poverty. Growth on this scale comes with consequences. China is the world’s biggest consumer of primary energy and the world’s biggest emitter of CO2 emissions. Creating a prosperous and harmonious society that delivers economic growth and a high quality of life for all will require radical change in the energy sector, and a rewiring of the economy more widely. In China’s Energy Revolution in the Context of the Global Energy Transition, a team of researchers from the Development Research Center of the State Council of China and Shell International examine how China can revolutionise its supply and use of energy. They examine the entire energy system: coal, oil, gas, nuclear, renewables and new energies in production, conversion, distribution and consumption. They compare China with case studies and lessons learned in other countries. They ask which technology, policy and market mechanisms are required to support the change and they explore how international cooperation can smooth the way to an energy revolution in China and across the world. And, they create and compare scenarios on possible pathways to a future energy system that is low-carbon, affordable, secure and reliable.
Great Britain: Department of Energy and Climate Change
Author : Great Britain: Department of Energy and Climate Change Publisher : The Stationery Office Page : 244 pages File Size : 51,5 Mb Release : 2011-07-12 Category : Business & Economics ISBN : 0101809921
Planning our electric future by Great Britain: Department of Energy and Climate Change Pdf
This white paper sets the Government's proposals for reform of the UK's electricity system to ensure that the UK electricity supply is secure, low-carbon and affordable. This is especially crucial as we face a number of unprecedented challenges in the coming decades including the threat to security of supply as existing plant closes; the necessity to decarbonise electricity generation; the likelihood for a rise in electricity demand and electricity prices are also expected to rise. Broadly the strategy's approach consists of four parts: long term contracts for both low-carbon energy and capacity; institutional arrangements to support this contracting approach; continued grandfathering, supporting the principle of no retrospective change to low-carbon policy incentives, within a clear and rational planning cycle; and ensuring a liquid market that allows existing energy companies and new entrants to compete on fair terms
Handbook Of Renewable Energy Technology & Systems by Ramesh C Bansal,Ahmed F Zobaa Pdf
Worldwide, the effects of global warming, pollution due to power generation from fossil fuels, and its depletion have led to the rapid deployment of renewable energy-based power generation. The leading renewable technologies are wind and photovoltaic (PV) systems. The incorporation of this generation of technologies has led to the development of a broad array of new methods and tools to integrate renewable generation into power system networks.The Handbook of Renewable Energy Technology & Systems comprises 22 chapters, arranged into four sections, which present a comprehensive analysis of various renewable energy-based distributed generation (DG) technologies. Aspects of renewable energy covered include wind and photovoltaic power systems and technology, micro-grids, power electronic applications, power quality, and the protection of renewable distributed generation.
China's Economic Rise by Congressional Research Service Pdf
Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
The Emirates Center for Strategic Studies and Research
Author : The Emirates Center for Strategic Studies and Research Publisher : Emirates Center for Strategic Studies and Research Page : 49 pages File Size : 48,6 Mb Release : 2004-08-23 Category : Antiques & Collectibles ISBN : 8210379456XXX
Asian Energy Markets by The Emirates Center for Strategic Studies and Research Pdf
Energy has become a crucial determinant shaping the security environment of Asia. The continent's phenomenal growth is projected to raise oil and gas consumption to dramatic new levels. As major Asian nations become net energy importers, this thirst for oil will determine world energy export patterns and shape regional geopolitics. With the Arabian Gulf supplying the major proportion of Asian energy needs, Gulf-Asia links will emerge as a key factor in the global energy scenario. Energy security concerns will dominate Asian economic policy and strategic decision making and spur Asian investment in oil exploration, oil refining and development of alternative energy sources. What are the economic and strategic implications of Asia's growing dependence on Gulf oil? How far can Asian countries counter such dependence by improving energy efficiency and developing new sources? What are the energy transitions that Asian nations are undergoing? What kind of structural reforms are needed in the Asian energy markets? What are the implications of Asian energy consumption trends and current economic reforms for the Arabian Gulf producers? What will the impact of Asian markets be on the global energy scenario? These and related issues were examined by energy experts at the Seventh Annual Energy Conference held in Abu Dhabi from January 13-14, 2002. This volume of conference presentations discusses wide-ranging issues relating to the Asian energy sector including supply security, consumption trends, privatization moves, energy diversification, energy self-sufficiency and foreign investment.
China's Strategic Interests in the South China Sea by Sigfrido Burgos Cáceres Pdf
This title will explore China’s strategic interests in the South China Sea, with a specific emphasis on power projection and resource security. China’s regional actions and reactions are reshaping the power dynamics in East and South-East Asia, while economic and geopolitical futures depend on the variegated outcomes of these complex relationships with neighbours and the West. An introductory section will be complemented by four case studies (Japan, Vietnam, the USA and the Philippines) and the concluding chapter will discuss the importance of the South China Sea to China as its new leadership deals with growing economic and military might.
Asian Economic Integration in an Era of Global Uncertainty by Shiro Armstrong,Tom Westland Pdf
The Pacific Trade and Development (PAFTAD) conference series has been at the forefront of analysing challenges facing the economies of East Asia and the Pacific since its first meeting in Tokyo in January 1968. The 38th PAFTAD conference met at a key time to consider international economic integration. Earlier in the year, the people of the United Kingdom voted to leave the European Union and the United States elected Donald Trump as their next president on the back of an inward-looking ‘America First’ promise. Brexit and President Trump represent a growing, and worrying, trend towards protectionism in the North Atlantic countries that have led the process of globalisation since the end of the Second World War. The chapters in the volume describe the state of play in Asian economic integration but, more importantly, look forward to the region’s future, and the role it might play in defending the global system that has underwritten its historic rise. Asia has the potential to stand as a bulwark against the dual threats of North Atlantic protectionism and slowing trade growth, but collective leadership will be needed regionally and difficult domestic reforms will be required in each country.
Klaus Gerhaeusser,Yoshihiro Iwasaki,V. B. Tulasidhar
Author : Klaus Gerhaeusser,Yoshihiro Iwasaki,V. B. Tulasidhar Publisher : Asian Development Bank Page : 594 pages File Size : 45,9 Mb Release : 2010-07-01 Category : Business & Economics ISBN : 9789290920687
Resurging Asian Giants by Klaus Gerhaeusser,Yoshihiro Iwasaki,V. B. Tulasidhar Pdf
The economies of the People's Republic of China and India have seen dramatic growth in recent years. As their respective successes continue to reshape the world's economic landscape, noted Chinese and Indian scholars have studied the two countries' development paths, in particular their rich and diverse experiences in such areas as education, information technology, local entrepreneurship, capital markets, macroeconomic management, foreign direct investment, and state-owned enterprise reforms. Drawing on these studies, ADB has produced a timely collection of lessons learned that serves as a valuable refresher on the challenges and opportunities ahead for developing economies, especially those in Asia and the Pacific.
Economic Law Reforms in the ASEAN Emerging Economies by Terukazu Suruga,Phanhpakit Onphanhdala,Yuka Kaneko Pdf
This book reviews the periodic changes in the legal policies of the late-developing ASEAN countries, often known as the CLMV countries (Cambodia, Laos, Myanmar, and Vietnam), in their continuous path toward globalization after the collapse of the socialist bloc. The book also identifies the characteristics of the legal reforms in their present stage guided by the common framework under the ASEAN Economic Community (AEC) moving toward 2025. The first stage is illustrated by the ASEAN-style utilization of foreign investments as reflected in all investment laws and policies of CLMV countries in the 1990s, which featured entry control (as “sticks”) and investment incentives (as “carrots”). Those controls and incentives were the means to induce investors to assume various performance requirements to contribute to industrial policies. The second stage witnessed a shift toward enhanced liberalization as an endeavor toward the WTO accession during the 2000s, as seen in the integrated investment laws that appealed for the national treatment of foreign investors. At the same time, those investment laws emphasized the substantive provisions (e.g., fair and equitable treatment and indirect expropriation) and procedural protections (e.g., provision of Investor–State Dispute Resolution mechanisms) as an appeal for stabilization of the investment climate. The third stage of legal policy, as evidenced by the recent amendments to the investment laws, is newly focused on environmental and social considerations, which seems to be an indispensable response to the increasing social protests against the negative impacts of investment promotion. Simultaneously, the means of administrative controls over investors, established in the first stage, are uniquely utilized for the realization of new goals.
United Nations Economic and Social Commission for Asia and the Pacific
Author : United Nations Economic and Social Commission for Asia and the Pacific Publisher : United Nations Page : 84 pages File Size : 44,9 Mb Release : 2017-04-28 Category : Political Science ISBN : 9789210605700
Regional Cooperation for Sustainable Energy in Asia and the Pacific by United Nations Economic and Social Commission for Asia and the Pacific Pdf
This publication is the theme study for the 73rd session of Commission to be held in May 2017. The main purpose of the publication is to call on policymakers in Asia and the Pacific for urgent actions to transition national energy sectors to achieve the Sustainable Development Goals (SDG), particularly Goal 7. The energy sector transition is the only way to address the sizeable energy deficit which impede progress in energy access in a number of member countries. It will also address gaps between current commitments under the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change and lack of coherent energy strategic and policy frameworks and actions held back progress of SDG7.