Rising Energy Demand in Northeast Asia
Under the OECD’s Environmental Outlook Baseline, global demand for energy is projected to increase by 80 percent between 2010 and 2050.
Northeast Asia – dominated by China, Japan, and South Korea – is currently the world’s third-largest energy-consuming region, but by 2030 its primary energy consumption is projected to exceed that of both North America and Europe. While more modest economic growth is anticipated between 2030 and 2050, as it becomes richer China will still need more energy to run, among others, homes, offices, cars, and factories. By 2035, China’s projected energy consumption will be 68 percent higher than U.S. energy consumption, with the International Energy Agency (IEA) forecasting that energy consumption will likely reach 4.5-5 btce in 2020 and rise further to 6.5 btce by 2050. South Korea’s total energy consumption – the world’s ninth-largest energy consumer in 2014 ‒ is projected to increase from 10.8 quadrillion BTU in 2010 to 15.9 in 2040.
Energy demand is projected to slow in Japan due to a maturing economy and declining population; although it is still anticipated to grow marginally from 22.1 quadrillion BTU in 2010 to 22.2 quadrillion BTU in 2040.
Sangsoo Lee in Eppen. Read the full article here.
Japan’s Opaque Energy Policy toward Russia: Is Abe Being Trumped by Putin?
EXECUTIVE SUMMARY Prime Minister Shinzo Abe, with his self-proclaimed deep trust in President Vladimir Putin, has made striking a historic deal on improving Japan-Russia relations a priority. The Abe administration’s […]
If Not North Korea, Who Will Be Japan’s Chief Antagonist?
The last year has seen sharp turns in the relationships between North Korea and its neighbors. After tough rhetoric back and forth between the United States and North Korea, we […]
Economic Dreams and Geopolitical Realities: How will the India-China-Russian Dynamic Unfold in Greater Central Asia?
Since the collapse of the Soviet Union, Greater Central Asia (GCA) has undertaken various efforts to reshape the political and economic landscape of Asia. This has driven a process by […]
Nordkorea – strategisk hotspot
Kina är delvs bundet av sitt vänskapsavtal med Nordkorea. Den kinesiska regeringen har dock gjort klart att man inte intervenerar om Nordkorea provocerar fram en konflikt, och det är tveksamt att man militärt skulle stödja landet utan en direkt amerikansk invasion av Nordkorea som hotar kinesiska intressen, skriver Niklas Swanström.
Green Tech: Beyond the 19th EU-China Summit
This policy brief expands on the significant potential for better EU-China collaboration on green technology that was emphasised during the 18th EU-China Summit. Both the Horizon 2020 Framework and EU-China Research […]
A Balancing Act: the 16+1 Cooperation Framework
Since 2012, the 16+1 Cooperation Framework (hereby 16+1) has been the focal point of relations between China and Central Eastern Europe (CEE). However, this initiative is marked by various asymmetries […]