Energy Outlook and Energy Saving Potential in East Asia
Shigeru Kimura and
in Books from Economic Research Institute for ASEAN and East Asia (ERIA)
Sustained population and economic growth in the East Asia Summit region have significantly increased energy demand. Total final energy consumption is projected to increase by 1.7 times. Demand in the transport sector is projected to grow most rapidly, increasing by 3.4 percent per year, followed by that of industry average growth, and commercial and residential sectors' demand per year. Primary energy demand is projected to increase in 2035, with coal still having the largest share of primary demand. Projections on power generation in the region for 2012-2035 reveal (i) a growth at 3.3 percent per year on average; (ii) the share of coal-fired generation will remain at about 60 percent of the total; (iii) that of natural gas will be stable at around 12 percent; (iv) nuclear share will increase to 10.5 percent in 2035, depending on nuclear energy developments in Japan, the People's Republic of China, and Viet Nam. The increasing energy demand posted threat on energy security in the EAS region. Thus, potential energy saving is key to reduce energy demand and CO2 emissions. This study shows energy saving potential using both the Business-As-Usual and Alternative Policy Scenarios.
Date: Written 2015-09 Originally published 2015-09.
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Persistent link: https://EconPapers.repec.org/RePEc:era:eriabk:2014-rpr-33
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