Energy Transition in East Asia


Book Description

The Fukushima disaster of 2011 shook the globe, arousing warm debate and new research within the academic fields of countries in both the West and the East on issues related to nuclear security, public trust, government governance, risk governance and risk perception along with technological and social aspects. The Fukushima incident not only revealed the importance of risk governance in the East Asian region, but also became an important turning point in the restructuring of energy in several East Asian nations. However, the regulatory culture in East Asian countries is by nature different to that of their western counterparts; the history and culture of East Asia has formed East Asian countries’ unique regulatory characteristics. This book aims to establish a risk governance structure for the East Asian region, providing a completely new perspective for both practical implementation and the academic field. It focusses on the problems of risk governance in East Asia. Through a discussion of the risk related issues raised by contemporary globalization, this book outlines the unique form of East Asia’s risk governance architecture. It brings together the work of top academics from Japan, South Korea and Taiwan to provide a common picture of how these three countries’ governments are dealing with the energy transition brought on by the climate change crisis. The various aspects of East Asia’s unique regulatory culture and governance models are placed into context, while East Asia’s risk governance theoretical framework is outlined.




Financing for Low-carbon Energy Transition


Book Description

This book is the first comprehensive assessment of the state of low-carbon investments in Asia, analyzing the rationales, mandates and public–private financing activities. Based on the experiences of several regional initiatives wherein public financing is catalyzing private investments in low-carbon infrastructure, this book proposes a framework that can be used as a tool to identify factors that influence private investment decisions and policy instruments that can scale up the private capital. Placing the Asian economies onto a low-carbon development pathway requires an unprecedented shift in investments. This book addresses this situation by asking questions such as: • What is the central role of private finance in achieving the Paris Agreement targets? • What key policy levers and risk mitigation can governments use in an effort to unlock the potentials of private capital? • How can regionally coordinated actions hold significant promise for scaling up private investments?




Sustainable Energy Transition In South Asia: Challenges And Opportunities


Book Description

With South Asia's growing energy demand, governments in the region are facing the short-term pressures of facilitating energy access, while attempting to formulate long-term sustainable strategies. This book explores how the key economies of South Asia are addressing issues such as the diversification of energy consumption profiles and import sources, investments in renewables, enabling universal energy access, challenges to regional energy cooperation, greenhouse gas emissions and climate change, and the policy changes that can foster bilateral and multilateral action.As governments seek to ensure access to affordable, reliable, secure, sustainable and modern energy, trends and drivers are emerging and shaping the South Asian energy landscape. The first section of the book examines energy trends at the regional level, while the second section focuses on the internal and external challenges faced by India — the largest energy consumer in the region and the third-largest energy consumer in the world.The diverse perspectives in this volume provide a holistic snapshot of South Asia's ongoing low-carbon energy transition, and highlight the importance of the region working collectively to navigate the many obstacles.




Carbon Technocracy


Book Description

A forceful reckoning with the relationship between energy and power through the history of what was once East Asia’s largest coal mine. The coal-mining town of Fushun in China’s Northeast is home to a monstrous open pit. First excavated in the early twentieth century, this pit grew like a widening maw over the ensuing decades, as various Chinese and Japanese states endeavored to unearth Fushun’s purportedly “inexhaustible” carbon resources. Today, the depleted mine that remains is a wondrous and terrifying monument to fantasies of a fossil-fueled future and the technologies mobilized in attempts to turn those developmentalist dreams into reality. In Carbon Technocracy, Victor Seow uses the remarkable story of the Fushun colliery to chart how the fossil fuel economy emerged in tandem with the rise of the modern technocratic state. Taking coal as an essential feedstock of national wealth and power, Chinese and Japanese bureaucrats, engineers, and industrialists deployed new technologies like open-pit mining and hydraulic stowage in pursuit of intensive energy extraction. But as much as these mine operators idealized the might of fossil fuel–driven machines, their extractive efforts nevertheless relied heavily on the human labor that those devices were expected to displace. Under the carbon energy regime, countless workers here and elsewhere would be subjected to invasive techniques of labor control, ever-escalating output targets, and the dangers of an increasingly exploited earth. Although Fushun is no longer the coal capital it once was, the pattern of aggressive fossil-fueled development that led to its ascent endures. As we confront a planetary crisis precipitated by our extravagant consumption of carbon, it holds urgent lessons. This is a groundbreaking exploration of how the mutual production of energy and power came to define industrial modernity and the wider world that carbon made.




Global Renewables Outlook: Energy Transformation 2050


Book Description

This outlook highlights climate-safe investment options until 2050, policies for transition and specific regional challenges. It also explores options to eventually cut emissions to zero.




Energy Sustainability and Climate Change in ASEAN


Book Description

This book provides several up-to-date empirical policy-oriented studies on assessing the impacts of climate change on various economic sectors and the role of renewable energy resources in mitigating pollution and climate change. It suggests various policy recommendations on how to increase the share of renewable energy resources in the energy baskets of the members of the Association of Southeast Asian Nations (ASEAN) and the rest of the world to ensure energy sustainability. As of 2020, most of the world’s energy investment still went to carbon-emitting sources, namely, fossil fuels. On the other hand, the Covid-19 pandemic and the economic Project Overview 20 March 2021 08:39 Page 6 of 9 downturns shrank the global energy demand, including fossil fuels, resulting in a sharp drop in their prices. Low fossil fuel prices are harmful to developing renewable energy projects, making solar, wind, and other renewable energy resources less competitive as sources of electricity. This is endangering the Paris agreement and the “Climate Action” goal of the United Nations. Given the high share of fossil fuels in the energy mix of the members of ASEAN, tremendous challenges must be faced for their energy transition in the post-Covid-19 world. The authors call for sound policy and applicable technologies to ensure sustainable energy availability, accessibility, and affordability to reach emission reduction targets.




Learning from Fukushima


Book Description

Learning from Fukushima began as a project to respond in a helpful way to the March 2011 triple disaster (earthquake, tsunami, and nuclear meltdown) in north-eastern Japan. It evolved into a collaborative and comprehensive investigation of whether nuclear power was a realistic energy option for East Asia, especially for the 10 member-countries of ASEAN, none of which currently has an operational nuclear power plant. We address all the questions that a country must ask in considering the possibility of nuclear power, including cost of construction, staffing, regulation and liability, decommissioning, disposal of nuclear waste, and the impact on climate change. The authors are physicists, engineers, biologists, a public health physician, and international relations specialists. Each author presents the results of their work.




Asia’s Energy Revolution


Book Description

Asia is home to 60 per cent of the world's population, including the world's two most populous nations, China and India. The region's economic gains and rising middle class are accelerating demand for more consumer goods and a better quality of life. For further economic growth to be realised, the region will need a massive supply of additional energy, three- to five-fold 2020’s amount by 2050. These changes create new business and investment opportunities for domestic companies and overseas participants. Asia’s energy market, already the world’s biggest, will soon be the most advanced. There will be mass adoption of digital technologies, like artificial intelligence, to make the distribution of solar, wind and other clean resources, smarter and more efficient. Led by China, billions of dollars in capital investment will drive the region's shift to green, sustainable energy, replacing polluting and expensive fossil fuels, which will help to rein in climate change. In Asia’s Energy Revolution, leading energy markets analyst and practitioner Joseph Jacobelli explains why Asia is the world’s most important territory for energy transition, how developments in the region will drive change in the rest of the world as well as how it will all be financed. The book discussion includes: Analysis of past events and forward-looking analysis of the industry in the region encompassing commercial, economic, and financial aspects Appraisal of new energy technologies, such as electric vehicles, and digital solutions, such as blockchain for energy Review of the capital flows and sustainable financing channels needed to fund energy infrastructure and tech growth




Green Innovation in China


Book Description

As the greatest coal-producing and consuming nation in the world, China would seem an unlikely haven for wind power. Yet the country now boasts a world-class industry that promises to make low-carbon technology more affordable and available to all. Conducting an empirical study of China's remarkable transition and the possibility of replicating their model elsewhere, Joanna I. Lewis adds greater depth to a theoretical understanding of China's technological innovation systems and its current and future role in a globalized economy. Lewis focuses on China's specific methods of international technology transfer, its forms of international cooperation and competition, and its implementation of effective policies promoting the development of a home-grown industry. Just a decade ago, China maintained only a handful of operating wind turbines—all imported from Europe and the United States. Today, the country is the largest wind power market in the world, with turbines made almost exclusively in its own factories. Following this shift reveals how China's political leaders have responded to domestic energy challenges and how they may confront encroaching climate change. The nation's escalation of its wind power use also demonstrates China's ability to leapfrog to cleaner energy technologies—an option equally viable for other developing countries hoping to bypass gradual industrialization and the "technological lock-in" of hydrocarbon-intensive energy infrastructure. Though setbacks are possible, China could one day come to dominate global wind turbine sales, becoming a hub of technological innovation and a major instigator of low-carbon economic change.




The Geopolitics of the Global Energy Transition


Book Description

The world is currently undergoing an historic energy transition, driven by increasingly stringent decarbonisation policies and rapid advances in low-carbon technologies. The large-scale shift to low-carbon energy is disrupting the global energy system, impacting whole economies, and changing the political dynamics within and between countries. This open access book, written by leading energy scholars, examines the economic and geopolitical implications of the global energy transition, from both regional and thematic perspectives. The first part of the book addresses the geopolitical implications in the world’s main energy-producing and energy-consuming regions, while the second presents in-depth case studies on selected issues, ranging from the geopolitics of renewable energy, to the mineral foundations of the global energy transformation, to governance issues in connection with the changing global energy order. Given its scope, the book will appeal to researchers in energy, climate change and international relations, as well as to professionals working in the energy industry.