Prospects of Nuclear Energy Development in Asia: Comparison with Green Energy

Olga V. Panina, Stanislav E. Prokofiev, Natalia A. Barmenkova, Natalia L. Krasyukova and Nikolay P. Kushchev
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Olga V. Panina: Department of Public Administration and Municipal Management, Financial University under the Government of the Russian Federation, Moscow, Russia
Stanislav E. Prokofiev: Department of Public Administration and Municipal Management, Financial University under the Government of the Russian Federation, Moscow, Russia
Natalia A. Barmenkova: Department of Public Administration and Municipal Management, Financial University under the Government of the Russian Federation, Moscow, Russia
Natalia L. Krasyukova: Department of Public Administration and Municipal Management, Financial University under the Government of the Russian Federation, Moscow, Russia
Nikolay P. Kushchev: Department of Human Resources Management, Moscow Aviation Institute (National Research University), Moscow, Russia

International Journal of Energy Economics and Policy, 2020, vol. 10, issue 6, 123-131

Abstract: Nuclear energy is an important part of energy balance of Asian countries. But at the same time, concerns about the safety of nuclear energy production are high, and the future of nuclear energy in Asia is unclear. New trends in the development of green energy production, especially in the most dynamically developing countries of Asia, create a high competition with nuclear energy in the region. The authors aim at a general analysis of the energy markets of leading Asian countries, which have a significant share of nuclear energy production in their energy balance China, Japan, Korea and India. The second tool that the authors use is an econometric analysis of energy production in the studied countries. These two aspects of the energy sector analysis allow the authors to comprise the results and to form a vision of a more promising sector of the energy industry. Based on these results, the authors give a number of recommendations on the development of nuclear energy production in the studied countries. One of the main conclusions is that nuclear energy should be used as a reserve source of energy in Asian economies until they reach a high share of green energy in energy balance.

Keywords: Nuclear energy; green energy; Asia; policy; energy market (search for similar items in EconPapers)
JEL-codes: P18 P28 P48 Q40 Q47 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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